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IIBM Institute of Business Management

Examination Paper MM.100

Project Management in IT

Section A: Objective Type (30 marks)

Part One:

Multiple choices:

1. The knowledge areas of Project Management Process Group are:

a. Planning and Initiating

b. Executing and Closing

c. Monitoring and Controlling

d. All of the above

2. To create a successful project, a project manager must consider:

a. Scope

b. Time

c. Cost

d. All of the above

3. Which one of the following is not involved in the top ten skills or competencies of an effective

project manager:

a. People skills

b. Leadership

c. Integrity

d. Technical skills

4. Another name of a phase exit is a _______ point.

a. Review

b. Stage

c. Meeting

d. Kill

5. Which process group includes activities from each of the nine knowledge areas?

a. Initiating

b. Planning

c. Executing

d. Closing

Examination Paper: Project Management

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IIBM Institute of Business Management

6. The project team works together to create the ______.

a. Scope statement

b. WBS

c. WBS dictionary

d. Work package

7. __________ is a network diagramming technique used to predict total project duration.

a. PERT

b. A Gantt chart

c. Critical Path Method

d. Crashing

8. Which of the following is not a key output of project cost management:

a. A cost estimate

b. A cost management plan

c. A cost baseline

d. None of the above

9. CMMI Stands for:

a. Capability Maturity Model Integration

b. Complex Maturity Model Integration

c. Common Maturity Model Information

d. Capability Maturity Model Information

10. A proposal evaluation sheet is an example of:

a. RFP

b. NPV analysis

c. Earned value analysis

d. Weighted scoring model

Part Two:

1. Define Product Life Cycle.

2. What is Project Integration Model?

3. Write a note on Gantt charts.

4. What is Project Quality Management?

END OF SECTION A

Examination Paper: Project Management

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IIBM Institute of Business Management

Section B: Caselets (40 marks)

•This section consists of Caselets.

•Answer all the questions.

•Each Caselet carries 20 marks.

•Detailed information should form the part of your answer (Word limit 150 to 200 words).

Caselet 1

A preliminary estimate of costs for the entire project is $140,000. This estimate is based on the

project manager working about 20 hours per week for six months and other internal staff working a

total of about 60 hours per week for six months. The customer representatives would not be paid for

their assistance. A staff project manager would earn $50 per hour. The hourly rate for the other

project team member would be $70 per hour, since some hours normally billed to clients may be

needed for this project. The initial cost estimate also includes $10,000 for purchasing software &

services from suppliers. After the project is completed, maintenance costs of $40,000 are included

for each year, primarily to update the information and coordinate the “Ask the Expert” feature and

online articles. Projected benefits are based on a reduction in hours consultants spend researching

project management information, appropriate tools and templates, and so on. Projected benefits are

also based on a small increase in profits due to new business generated by this project. If each of

more than 400 consultants saved just 40 hours each year (less than one hour per week) and could bill

that time to other projects that generate a conservative estimate of $10 per hour in profits, then the

projected benefit would be $160,000 per year. If the new intranet increased business by just 1

percent, using past profit information, increased profits due to new business would be at least

$40,000 each year. Total projected benefits, therefore, are about $200,000 per year.

Exhibit

Questions:

1. What according to you are the factors that can hamper the profit growth related with the

project?

2. Mention some strategies to further improve the project’s turnover.

Examination Paper: Project Management

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IIBM Institute of Business Management

Caselet 2

Many organizations spend a great deal of time and money on training efforts for general project

management skills, but after the training, project managers may still not know how to tailor their

project management skills to the organization’s particular needs. Because of this problem, some

organizations develop their own internal information technology project management methodologies.

The PMBOKR Guide is a standard that describes best practices for what should be done to manage a

project. A methodology describes how things should be ...

Questions:

1. According to you what are the skills that needed for the project management of an organization?

2. How the six sigma project became a helpful tool in very sophisticated kind of project

management?

END OF SECTION B

Examination Paper: Project Management

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IIBM Institute of Business Management

Section C: Applied Theory (30 marks)

1. What is cost? What is the importance of Project cost Management and explain basic principles of

Cost Management.

2. Define the following:

a. Resource Histograms

b. Project Communication Management

END OF SECTION C

S-2-260211




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