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PM 0015 — QUANTITATIVE METHODS IN PROJECT MANAGEMENT

ASSIGNMENT

DRIVE FALL 2014
PROGRAM MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDPMN (SEM 2)
SUBJECT CODE & NAME PM 0015 — QUANTITATIVE METHODS IN PROJECT

MANAGEMENT

BK ID B1344
CREDIT AND MARKS 4 CREDITS AND 60 MARKS
Q.No

Criteria

Marks Total Marks

1

Write short notes on:

 

  • Graphical Evaluation and Review Technique (GERT)

 

  • Cost control

A

  • Graphical     Evaluation     and     Review

 

Technique (GERT)

 

  • Cost control
10 ( 5 marks each) 10

2

Describe CPM technique of project planning.

A

  • Explain what is the CPM

 

  • Steps in CPM planning

 

  • Benefits of CPM

 

  • Limitations of CPM
1

 

6

 

1.5

 

1.5

10

3

What do you understand by managing cash flow?

A

 

Description      of     Moving      Averages      and

Exponential Smoothing.

10 (5 marks each) 10

4

Describe how you can choose an appropriate forecasting model.

A

  • Guidelines for Selecting a Model for the

Purpose of Forecasting

  • Performing a Residual Analysis
  • Measuring    the     Magnitude     of    the

Residual  Error  Through  Squared  or

Absolute Differences

  • Mean Absolute Deviation
  • Principle of Parsimony
2

 

2

2

 

 

 

2

2

10

 

5

Describe how you can display data using Gantt chart and Network Diagram Chart in MS

Project.

A

Description of displaying data using Gantt chart

Description of displaying data using network diagram chart

5

 

5

10

6

How to create a report on the project activities in the MS Project.

A

Setting Up of Reports

 

Process of Creating or Editing Reports

 

Reports that can be printed Check the Reports Available Print a Report

Reports by Report Type

10( 2 marks each) 10

 

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