SEM 2 – MB 0049 – PROJECT MANAGEMENT SPRING 2016

SMU MBA SPRING 2016-2017

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SMU MBA SPRING 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 SPRING 2016

PROGRAM MBA

SEMESTER II

SUBJECT CODE & NAME MB 0049 – PROJECT MANAGEMENT

 

1 Write Short notes on:

  1. PERT model
  2. CPM model

 

Answer: PERT model

A PERT chart is a project management tool used to schedule, organize, and coordinate tasks within a project. PERT stands for Program Evaluation Review Technique, a methodology developed

 

2 Explain Project Life Cycle in detail?

Project Life Cycle

 

Answer: The Project Life Cycle

A rational order of activities that are applied to attain the project’s goals or objectives is known as the project life cycle. Most projects experience similar stages on the path from origin to

 

 

3 Answer the following questions:

  1. Mention the steps involved in a competitive bid.
  2. Mention the elements/points that must be kept in view when designing , developing and operating a PMIS (Project Management Information System)
  3. List the 5 steps involved in a competitive bid
  4. List the 5 elements/points that must be kept in view when designing , developing and operating a PMIS

 

Answer: Competitive bid (bid and award)

The steps involved in competitive bid are discussed below:

  1. The bid or tender is invited from a required number of suppliers.
  2. The bid

 

 

4 Discuss the major contents of the project’s final report

Explain the purpose of the project final report

List suggested content of project final report

Explain each content and what it should contain

 

Answer: The final Project Report (PR) should be written by the project manager himself. The PR should present project evolution, its success, its management, any outstanding and team recommendation. Frigenti et al quotes Meredith and Mantel on the intents of the project final report as, “The final report is not another evaluation, rather it is the history of the project. It is the

 

 

5 Write short notes on

  1. Role of risk management in overall project management
  2. Quality assurance

 

Answer:  Role of Risk Management in Overall Project Management

Risk analysis and management is a process which enables the analysis and management of the risks associated with a project. Properly undertaken, it will increase the likelihood of successful completion of a project to cost, time, and performance objectives. There are a lot of benefits of

 

 

 

6 Explain Earned Value Method (EVM) in detail? How can a project manager manage the Project Schedule if team members don’t accurately report when they are behind?

  • Explain Earned Value Method (EVM)
  • How can a project manager manage the Project Schedule if team members don’t accurately report when they are behind

 

Answer: The Earned Value Method (EVM) is a useful tool that allows the calculations of cost and schedule performance measures including cost variance, schedule variance, cost and time over-runs for

 

SMU MBA SPRING 2016-2017

Dear Students,

SMU MBA SPRING 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 ”