3rd Sem – Project management – Spring 2016
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SUBJECTCODE&NAME | PM0010–INTRODUCTIONTOPROJECT MANAGEMENT |
BK ID | B1936 |
CREDIT&MARKS | 4CREDITS&60MARKS |
Q.
No |
Questions | Marks | TotalMarks |
1 | Defineprojectandalsoelaboratedifferentcharacteristicsof a project?What do you understandby ProjectManagementand alsodiscuss itsobjectives? | 10 | |
Definitionof a Projectanditscharacteristics | 5 | ||
Meaningof ProjectManagement(PM)and objectivesof PM | 5 | ||
2 | Explainin detailthe stages ofProjectManagementLifecyclewithexamples? | 10 | |
Stages of ProjectManagementLifecycle | 10 | ||
3 | Explainthevarioustypesof projectplans?
Write ashortnote on FinancialFeasibilityof a Project? |
10 | |
Typesofprojectplans | 5 | ||
FinancialFeasibilityof a Project | 5 | ||
4 | Discuss anytwotypes ofCapitalBudgetingTechniques in Projectselection?
Whatarethe activitiesperformed by procurementmanagement? |
10 | |
CapitalBudgetingTechniquesinProjectselection | 6 | ||
Conceptof ProcurementManagement | |||
4 | |||
5 | Discusstheconcept and objectivesof projectevaluation?
Brieflyexplainthe Planning-Monitoring-Controlling(PMC)Cycle? |
10 | |
Conceptof Projectevaluation | 5 | ||
ExplanationofPlanning-Monitoring-Controlling(PMC)Cycle | 5 | ||
6 | Discusstheimportanceof controllingand typesofcontrol?Explainthedifferenttypesof ProjectTermination? | 10 | |
Importance ofControllingand typesofcontrol | 5 | ||
TypesofProjectTermination(Fig.15.1) | 5 |
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SUBJECTCODE&NAME | PM0011 – PROJECT PLANNINGANDSCHEDULING |
BK ID | B1937 |
CREDITANDMARKS | 4 CREDITSAND60MARKS |
Note–Answerallquestions.Kindly notethat answers for 10marks questionsshould beapproximatelyof400words. Eachquestionisfollowedbyevaluationscheme.
Q.No | Criteria | Marks | TotalMarks |
1 | Write short notes on:
· Hierarchy oforganisationalobjectives· Porter model a tool for identifyinginvestmentopportunities · Designphase ofprojectmanagement lifecycle · Scope change |
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· Hierarchyof organisationalobjectives· Portermodel a tool for identifyinginvestmentopportunities · Designphase of projectmanagementlifecycle · Scope change |
10 (2.5markseach) |
10 |
|
2 | BudgetEstimationofABC Company Ltd.
ABCCompanyLtd.,establishedin1985,isengagedinthemanufacturingofleatheraccessories.Overtheyears,thecompany,whichstartedoutasalocalfirm,hasmadeitsmarkasaninternationalcorporation.However,thecompanyisstillworkingasatraditional set up.
Thehighqualityanddurabilityofproductshaveincreasedthedemandoftheproductsinthemarket.Astheproductionoftheorganisationisbeingincreasedtomeet the demand,the traditional setup is creating hurdles inthe productionprocess.
Organisation conflictshavearisenamongtheteam membersbecauseof the |
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unorganisedhierarchicalstructureofthecompany,whichisaffectingtheoutputoftheorganisation.Nowthatthemanagementhasdecidedtoexpandthebusinessandopenedupbranchesabroad,thecompanyisfacingtwomoreproblems.Thefirstproblemisinbudgetingasthecompanyisunfamiliarwithinternationalmarketconditions,strategy,andbusinesspolicywhilethesecondproblemisconflictsatthetimeofteamformationduetolackofexperienceofandexposuretomultinationalwork
culture, whichhas furtheraffected theoutput of thecompany. Thecompanycanestimatethebudgetthroughtwomethods,thebottom-upapproachandthetop-downapproach.Thebottom-upapproach is generallyfollowed bytheMNCs as it ismore accurate andreliable.
Mr.Paraghasbeenappointedasthecountryheadofthecompanyandhehasalsobeenassignedtheresponsibilityofincorporatingtheadvancedprojectsetupintheorganisation.
Questions:
1. Which projectestimationapproach should be used bythecompanyandwhy 2. Whattypeofprojectorganisationstructureshouldbeusedbythecompanyand why? |
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1. Arguethe pros andconsof eachprojectestimationapproach
Recommend the projectestimationapproach that best suits thecompany
List the reasons foryourdecisionbymentioningthe datafromthe case
2. Describe the existing organisationstructure List the disadvantages ofthis structureRecommendthe project organisationstructurethat should be used bythecompany. Giveyoureasonsforrecommendingthis structurebasedon the datagiveninthecaseandyourknowledgeontheFIVEorganizationalstructures. |
2
1
2
1
1
1
2 |
10 | |
3 | Whatistheimportanceofoperationalfeasibility?Explainthefactorsthataffectoperationalfeasibility. | ||
Mention the importanceof operational | 2 | 10 | |
feasibility | |||
Discuss the FOUR factors that affect | 8 | ||
operational feasibility | |||
4 | Write short notes on:
· Crashing · Precedence diagramming method · Resource allocation · Scope creep |
||
· Crashing
· Precedence diagramming method · Resource allocation · Scope creep |
10( 2.5markseach) | 10 | |
5 | Whatdoyouunderstandbycostofquality?Elaborateonvarioustypesofcostsofquality associatedwith aproject. | ||
Write themeaningof cost of quality | 4 | 10 | |
Brieflyexplain eachtypes of costs of quality | 6 | ||
associatedwith a project | |||
6 | What do you understandby projectscope? Whatare thevarious components ofprojectscope? What is scopecreep? Explain various reasons for scope creep. | ||
· What do youunderstand byprojectscope
· components of project scope · What is scopecreep · reasons for scopecreep. |
2.5 markseach | 10 |
you with in 24H ”
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SUBJECTCODE&NAME | PM0012– PROJECT FINANCEANDBUDGETING |
BK ID | B1938 |
CREDITANDMARKS | 4CREDITSAND60MARKS |
Q.No | Criteria | Marks | TotalMarks |
1 | Explain differentrequirement ofresources inaproject. Identifythe resources thatmaybe required ina telecommunicationproject. | ||
· requirement ofresourcesin a project
· resources that mayberequired in atelecommunicationproject |
5
5 |
10 | |
2 | Answer the followingquestions:
1. What is a Letter of Intent(LOI)? What is its purpose? 2. WhatarethebasicfeaturesofEPC(Engineering,ProcurementandConstruction)contracts?Giveany4advantagesofenteringintoaEPCcontract? |
||
Define LOI | 2 | 10 | |
Listany4purposes ofLOI | 3 | ||
Brieflyexplain the 3 basicfeatures | |||
ofEPCcontracts | 3 | ||
Listany4 advantagesof entering | |||
into EPCcontracts | |||
2 | |||
3 | Explain the differentkey project documents. | ||
Description of keyproject documents. | 10 | 10 | |
4 | Write short notes on:
· Developments in financing ofconstructionprojects in India. · Importance of cost of capital in project selection. · Principlesemployed by organisations tomanageworking capital. |
||
· Developments in financingofconstructionprojects inIndia.
· Importance ofcost of capital in project |
3
3 |
10 | |
selection.
· Principlesemployedbyorganisations tomanage working capital. |
4 |
||
5 | What are the problemsassociated withBOOTprojects. | ||
Explanationof the main problemsassociatedwith BOOTprojects | 10 | 10 | |
6 | What is project risk? List some risks associatedwith a constructionproject and atelecomproject.Discuss the similarities and the differences. | ||
· project risk
· risksassociatedwithaconstructionproject &telecom project · similaritiesandthedifferencesbetweenrisksassociatedwithaconstructionproject&telecomproject |
2
4
4 |
10 |
Note–Answerallquestions.Kindly notethat answers for 10marks questionsshould beapproximatelyof400words. Eachquestionisfollowedbyevaluationscheme.
DRIVE | SPRING2016 |
PROGRAM | MBA |
SEMESTER | III |
SUBJECTCODE&NAME | PM0013– MANAGINGHUMANRESOURCES INPROJECTS |
BK ID | B1939 |
CREDITANDMARKS | 4CREDITSAND60MARKS |
Q.No | Criteria | Marks | TotalMarks |
1 | Writeshortnotes on:
· Projectresources · Needforhuman resourcemanagement · Project manager |
||
A | · Projectresources
· Needforhuman resourcemanagement · Project manager |
3
3
4 |
10 |
2 | Whatare themajor challengesindevelopinganefficientproject team? | ||
A | Listthemajorchallengesindevelopinganefficientproject team
Brieflyexplain the 9 majorchallengesindevelopinganefficientprojectteam |
1
9 (1 markeach) |
10 |
3 | Writeshortnotes on
· Skillsrequiredbya projectmanager · Delphi technique ofestimatingmanpowerrequirements ofprojects · Importanceofleadershipinprojectmanagement · Goal settingtheory |
||
A | · Skillsrequiredbyaprojectmanager
· Delphi technique of estimatingmanpowerrequirements ofprojects · Importanceofleadershipinprojectmanagement · Goal settingtheory |
10 (2.5markseach) | 10 |
4 | Whatmeasures wouldyoufollowto deal withpoorperformers? | ||
A | Listthemeasures youwould followto deal withpoorperformers
Explainthe reasonwhy you choosethesemeasures
Explainthevarious measuresyouwould followto deal withpoor performersand
Analysehowthesemeasureswillimprovetheperformance |
1
1
4
4 |
10 |
5 | Explain varioustypesofcollectivebargaining. | ||
A | Explanation offour typesofcollectivebargaining | 10 (2.5markseach) | 10 |
6 | SafetyIssues inK.P.Metals
K.P. MetalsisaleadingautomotivepartmanufacturingorganisationbasedoutofManesar.Itdealsinmanufacturingofautomotivespare partsandsuppliesthesepartstoleadingautomotiveorganisationsinIndia.ThereisadedicatedHR/IRdepartmentthattakescareofallemployeeissuesincludingsafetyissues.Thenumberofaccidentsatthework-placeofK.P.Metalsshowedaconsiderableincreaseinlast3months.Asaresulttherehasbeenanincreasenotonlyinthecostbutalsointhelegalsuitsagainsttheorganisationandalso.Thisbaffledmanagement.hireda safetyconsultanttocontaintheincreasingnumberofaccidents.Thesafetyconsultantconductedorganisationwidestudyofthesafetypolicy,typesofpastaccidentsandalsointerviewedsomeoftheemployees to understandtheir perspectiveonthe safety-policy. Aftercollatingthedata,theconsultantfoundthatthesafetypolicywasdraftedinastandardformatandwasnotinaccordancewiththenatureofjobtheemployeesweredoing.Thesafetypolicyclearlymentionedthatthewetfloorshouldhaveasignageboardwith“Wetfloor,Mindyoursteps”clearlymentionedonit.Therewasnosuchsignageboardintheworkfloor.Thesafetypolicyalsoclearlymentionedthatnoworkershouldbeallowedtoentertheworkplacewithoutthehelmeteveniftheworkerisnotworkingonthemachine.Thereweremanyworkerswhowereworkingwithouthelmetsondangerousmachines.ThesafetyconsultantwithhelpofHR/IRdepartment,projectmanagers,inputsfromtheemployeesdraftedanewcustomisedsafetypolicyanduseddifferentinside-marketingtoolstocommunicatethesameacrossorganisation.Thenewsafetypolicycategoricallymentionedtherewardsandpunishmentsfornotabidingbythesafetynorms.Italsomadethesupervisorsresponsibleforanynonadherencetothesafetynormsbyworkers.Therewasasubsequentdecreaseinthenumberofaccidentsas soon as thenewsafetypolicywasintroduced. Discussionquestions: 1. Readthecaseanddiscusswhatelsecouldbeincorporatedinthesafetypolicyto ensure a safeworkenvironment. 2. Whatweretheflawsintheprevioussafetypolicyandhowthenewsafetypolicyaddressedthoseflaws? |
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A | · Readthecaseanddiscusswhatelsecouldbeincorporatedinthesafetypolicyto ensurea safe work | 5 | 10 |
environment Whatdetailsdoesanissuelogcontain
· Whatweretheflawsintheprevioussafetypolicyandhowthenewsafetypolicyaddressedthoseflaws? |
5 |