PM0011 – PROJECT PLANNINGANDSCHEDULING

 

 

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

 

·         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

  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?

  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