SMU MBA SEMESTER 4 PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
SMU MBA SUMMER 2015 -2016
Dear Students,
SMU MBA SUMMER 2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”
DRIVE
SUMMER 2015
PROGRAM
MBADS (SEM 4/SEM 6)
MBAFLEX/ MBA (SEM 4)
PGDPMN (SEM 2)
SUBJECT CODE & NAME
PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
Qus:1 Explain how Kano model is used by companies to analyse customer needs.
- Explain how the Kano model is different from the balanced scorecard model and Treacy-Wiersema model
- Describe how the model analyses customer needs based on customer requirements
- Describe the different categories of customer preferences in the Kano model
Answer:
Explain how the Kano model is different from the balanced scorecard model and Treacy-Wiersema model:
Balanced scorecard model:
The balanced scorecard model defines four scoring areas for business value and was first published by Robert S.
Qus:2 a. Explain the concept of expected value.
- Suppose project A and B are under construction. The possible profit outcomes of project A are USD 1000 (0.4 probability) and USD 300 (0.6 probability). Project B has profit outcomes of USD 900 (0.6 probability) and 200 (0.4 probability). Calculate the expected values of profit to be generated by the two projects.
- Elucidate the concept of expected value
- Calculation of expected value
Answer:
- Elucidate the concept of expected value:
The concept of expected value revolves around random variables. These random variables also have averages but are not calculated by simply adding up the different variables. The average of a random
Qus:3 Write short notes on :
- Project scoping process
- Resource assignment matrix
Answer:
Project scoping process:
The project scoping process is the first step in the project development process. This process is undertaken to determine what the project should entail and what potential impacts exist. Similar to every process,
Qus:4 Explain the various expense items in a project.
- List the various expense items in a project
- Describe each expense with suitable examples
Answer:
List the various
Qus:5 What are the major steps in time management process? What is rolling wave planning?
- Explain the 5 major steps in time management process
- Explain rolling wave planning
Answer:
Explain the 5 major steps in time management process:
Following are the major steps involved in the time management process:
- Activity definition: This involves decomposition of work package into tasks/activities to deliver the work package deliverable.
Qus:6 What are the steps that should be followed to construct a “house of quality”?
- Explain the 5 steps that should be followed to construct a house of quality
Answer:
Explain the 5 steps that should be followed to construct a house of quality:
The following steps need to be followed to construct a house of quality:
- Step-1 Voice of the customer: This step includes determining and identifying the customer’s needs. The main objective of this step is to translate the needs of every customer into engineering specifications. Customers buy products that have the desired characteristics, and
SMU MBA SUMMER 2015 -2016
Dear Students,
SMU MBA SUMMER 2015-2016 Assignments are available. For Booking ,Kindly mail us on kvsude@gmail.com OR call us to +91 9995105420 or S M S your “ Email ID ” us in the following Format “ On +91 9995105420 we will reach back you with in 24H ”