SMU MBA SEM 4 – PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT

SMU MBA WINTER 2015 -2016

Dear Students,

SMU MBA WINTER 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- Winter 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 Write short notes on:

  • Kano model
  • Differences between a sponsor’s view and project’s view in a project balance sheet
  • Triangular distribution
  • Organisational break down structure

Answer:

Kano model:

In comparison to the previous two models, the Kano model is narrow in its approach. Its primary focus is on the customer

 

 

Qus:2 Discuss capital budgeting in project management.

  • Describe use of capital budgeting to an organisation in terms of undertaking multiple projects
  • Explain the importance of capital budgeting in project selection
  • Discuss the aspects of capital budgeting that an organisation should consider while selecting a project.

Answer:

Describe use of capital budgeting to an organisation in terms of undertaking multiple projects:

An organisation undertakes multiple projects with different capital requirements and rates of returns. For instance, some projects may need investment over a longer period of time, whereas others need investments

 

 

Qus:3 Write short notes on:

  • Rolling wave planning
  • Time centric earned value

Answer:

Rolling wave planning:

Rolling wave planning is an iterative planning in which work to be accomplished in the near term is planned in

 

Qus:4 Describe the various cost incurred in a project. Describe the applications of three – point estimates.

  • Discuss the THREE types of costs incurred in a project
  • Discuss the applications of three – point estimates.

Answer:

Discuss the THREE types of costs incurred in a project:

The THREE types of costs incurred in

 

 

Qus:5 Explain the six sigma methodologies.

  • Discuss the 2 six sigma project methodologies
  • Compare the 2 six sigma project methodologies

Answer:

Discuss the 2 six sigma project methodologies:

TheDMAIC project methodology has the following five phases:

 

  • Define: It includes defining and analysing the problem and understanding the voice of the customer,

 

 

Qus:6 Discuss the time and materials contract.

Solve the following problem

Consider a time and materials contract as follows:

Labour is billed according to the following schedule

1 software engineer: $45/hr

1 tester: $ 45/hr

1 senior software engineer: $65/hr

Material is billed according to the following schedule:

Cost of materials + 30 % profit/overhead

Actual cost of the material is $2140

Calculate the material cost, calculate the contract payable

  • Describe the time and materials contract
  • Calculation of material cost
  • Calculation of contract payable

Answer:

 

Describe the time and materials contract:

The time and materials contract is a cross between FP and CP contracts. It is opposed to FP contracts in which the buyer agrees to pay the contractor a lump sum for performance regardless of what the contractors pay their employees, sub-contractors, and suppliers. This is the most risk-free type of contract. In this type of contract, the time and material used for the project are priced. Thus, the contractor only requires to know the time and

 

SMU MBA WINTER 2015 -2016

Dear Students,

SMU MBA WINTER 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 ”