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Monday 20 June 2016

SMU Spring 2016 Assignments: Contact us for answers at assignmentssolution@gmail.com

ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  MBA
SEMESTER  III
SUBJECT CODE & NAME  PM 0010 – INTRODUCTION TO PROJECT MANAGEMENT
BK ID  B1936
CREDIT & MARKS  4 CREDITS & 60 MARKS
Q.
No
Questions  Marks  Total
Marks
1  Define project and also elaborate different characteristics of a project?
What  do  you  understand  by  Project  Management  and  also  discuss  its
objectives?
10
Definition of a Project and its characteristics
Meaning of Project Management(PM) and objectives of PM
5
5
2  Explain in detail the stages of Project Management Lifecycle with
examples?
10
Stages of Project Management Lifecycle  10
3  Explain the various types of project plans?
Write a short note on Financial Feasibility of a Project?
10
Types of project plans
Financial Feasibility of a Project
5
5
4  Discuss any two types of Capital Budgeting Techniques in Project
selection?
What are the activities performed by procurement management?
10
Capital Budgeting Techniques in Project selection
Concept of Procurement Management
6
4
5  Discuss the concept and objectives of project evaluation?
Briefly explain the Planning-Monitoring-Controlling (PMC) Cycle?
10
Concept of Project evaluation
Explanation of Planning-Monitoring-Controlling (PMC)Cycle
5
5
6  Discuss the importance of controlling and types of control?
Explain the different types of Project Termination?
10
Importance of Controlling and types of control
Types of Project Termination(Fig. 15.1)
5
5
Note –Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  MBA
SEMESTER  III
SUBJECT CODE & NAME  PM0011 – PROJECT PLANNING AND SCHEDULING
BK ID  B1937
CREDIT AND MARKS  4 CREDITS AND 60 MARKS
Note –Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No    Criteria    Marks  Total Marks
1   Write short notes on:
?   Hierarchy of organisational objectives
?  Porter model a tool for identifying investment opportunities
?  Design phase of project management life cycle
?  Scope change
?  Hierarchy of organisational objectives
?  Porter  model  a  tool  for  identifying
investment opportunities
?  Design  phase  of  project  management
life cycle
?  Scope change
10 (2.5 marks each)
10
2  Budget Estimation of ABC Company Ltd.
ABC Company Ltd., established in 1985, is engaged in the manufacturing of leather
accessories. Over the years, the company, which started out as a local firm,has made
its mark as an international corporation. However, the company is still working as a
traditional set up.
The  high  quality  and  durability  of  products  have  increased  the  demand  of  the
products in the market. As the production of the organisation is being increased to
meet the demand, the traditional set up is creating hurdles in the production process.
Organisation  conflicts  have  arisen  among  the  team  members  because  of  the
unorganised hierarchical structure of the company, which is affecting the output of
the organisation. Now that the management has decided to  expand the business and
opened  up  branches  abroad,  the  company  is  facing  two  more  problems.  The  first
problem  is  in  budgeting  as  the  company  is  unfamiliar  with  international  market
conditions, strategy, and business policy while the second problem is conflicts at the
time of team formation due to lack of experience of and exposure to multinational
work
culture, which has further affected the output of the company.
The  company  can  estimate  the  budget  through  two  methods,  the  bottom  -  up
approach  and  the  top  -  down  approach.  The  bottom  -up  approach  is  generally
followed by the MNCs as it is more accurate and reliable.
Mr.Parag has been appointed as the country head of the company and he has also
been assigned the responsibility of incorporating the advanced project set up in the
organisation.
Questions:
1.  Which project estimation approach should be used by the company and why
2.  What type of project organisation structure should be used by the company
and why?
1.  Argue  the  pros  and  cons  of  each
project estimation approach
Recommend the project estimation
approach that best suits the company
List the reasons for your decision by
mentioning the data from the case
2.  Describe  the  existing  organisation
structure
List the disadvantages of this structure
Recommend  the  project  organisation
structure  that  should  be  used  by  the
company.
Give  you  reasons  for  recommending
this structure based on the data given in
the  case  and  your  knowledge  on  the
FIVE organizational structures.
2
1
2
1
1
1
2
10
3  What  is  the  importance  of  operational  feasibility?  Explain  the  factors  that  affect
operational feasibility.
Mention the importance of operational
feasibility
Discuss the FOUR factors that affect
operational feasibility
2
8
10
4  Write short notes on:
?  Crashing
?  Precedence diagramming method
?  Resource allocation
?  Scope creep
?  Crashing
?  Precedence diagramming method
?  Resource allocation
?  Scope creep
10( 2.5 marks each)  10
5   What do you understand by cost of quality? Elaborate on various types of  costs of
quality associated with a project.
Write the meaning of cost of quality
Briefly explain each types of costs of quality
associated with a project
4
6
10
6  What do you understand by project scope? What are the various components of
project scope? What is scope creep? Explain various reasons for scope creep.
?  What  do  you  understand  by  project
scope
?  components of project scope
?  What is scope creep
?  reasons for scope creep.
2.5 marks each 10
***********ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  MBA
SEMESTER  III
SUBJECT CODE & NAME  PM 0012 – PROJECT FINANCE AND BUDGETING
BK ID  B1938
CREDIT AND MARKS  4 CREDITS AND 60 MARKS
Q.No  Criteria  Marks  Total Marks
1    Explain different requirement of resources in a project. Identify the resources that may
be required in a telecommunication project.
?  requirement of resources in a project
?  resources that may be required in a
telecommunication project
5
5
10
2
Answer the following questions:
1.  What is a Letter of Intent (LOI)? What is its purpose?
2.  What  are  the  basic  features  of  EPC  (Engineering,  Procurement  and
Construction)  contracts?  Give  any  4  advantages  of  entering  into  a  EPC
contract?
Define LOI
List any 4 purposes of LOI
Briefly explain the 3 basic features
of EPC contracts
List any 4 advantages of entering
into EPC contracts
2
3
3
2
10
3  Explain the different key project documents.
Description of key project documents.
10   10
4  Write short notes on:
?  Developments in financing of construction projects in India.
?  Importance of cost of capital in project selection.
?  Principles employed by organisations to manage working capital.
?  Developments in financing of
construction projects in India.
?  Importance of cost of capital in project
3
3
10
selection.
?  Principles employed by organisations to
manage working capital.
4
5
What are the problems associated with BOOT projects.
Explanation  of  the  main  problems  associated
with BOOT projects
10 10
6  What is project risk? List some risks associated with a construction project and a
telecom project. Discuss the similarities and the differences.
?  project risk
?  risks  associated  with  a  construction  project
& telecom project
?  similarities and the differences between risks
associated  with  a  construction  project  &
telecom project
2
4
4
10
Note –Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
***********
ASSIGNMENT
DRIVE  SPRING 2016
PROGRAM  MBA
SEMESTER  III
SUBJECT CODE & NAME  PM 0013 – MANAGING HUMAN RESOURCES IN
PROJECTS
BK ID  B1939
CREDIT AND MARKS  4 CREDITS AND 60 MARKS
Q.No  Criteria  Marks  Total Marks
1   Write short notes on:
?  Project resources
?  Need for human resource management
?  Project manager
A  ?  Project resources
?  Need for human resource management
?  Project manager
3
3
4
10
2  What are the major challenges in developing an efficient project team?
A  List the major challenges in developing an
efficient project team
Briefly explain the 9 major challenges in
developing an efficient project team
1
9 (1 mark each)
10
3
Write short notes on
?  Skills required by a project manager
?  Delphi technique of estimating manpower requirements of projects
?  Importance of leadership in project management
?  Goal setting theory
A
?  Skills required by a project manager
?  Delphi  technique  of  estimating
manpower requirements of projects
?  Importance  of  leadership  in  project
management
?  Goal setting theory
10 (2.5 marks each)  10
4  What measures would you follow to deal with poor performers?  
A  List the measures you would follow to deal with
poor performers
Explain the reason why you choose these
measures
Explain the various measures you would follow
to deal with poor performers and
Analyse how these measures will improve the
performance
1
1
4
4
10
5   Explain various types of collective bargaining.
A  Explanation of four types of collective
bargaining
10 (2.5 marks each)  10
6  Safety Issues in K.P. Metals
K.P.  Metals  is  a  leading  automotive  part  manufacturing  organisation  based  out  of
Manesar. It deals in manufacturing of automotive spare parts and supplies these parts to
leading  automotive organisations in India. There is a dedicated HR/IR department that
takes care of all employee issues including safety issues. The number of accidents at
the work-place of K.P. Metals showed a considerable increase in last 3 months. As a
result there has been an increase not only in the cost but also in the legal suits against
the organisation and also. This baffled management. hired a safety consultant to contain
the increasing number of accidents. The safety consultant conducted organisation wide
study  of  the  safety  policy,  types  of  past  accidents  and  also  interviewed  some  of  the
employees to understand their perspective on the safety-policy.
After  collating  the  data,  the  consultant  found  that  the  safety  policy  was  drafted  in  a
standard format and was not in accordance with the nature of job the employees were
doing.  The  safety  policy  clearly  mentioned  that  the  wet  floor  should  have  a  signage
board  with  “Wet  floor,  Mind  your  steps”  clearly  mentioned  on  it.  There  was  no  such
signage board in the work floor. The safety policy also clearly mentioned that no worker
should be allowed to enter the workplace without the helmet even if the worker is not
working on the machine. There were many workers who were working without helmets
on dangerous machines.  The safety consultant with help of HR/IR department, project
managers, inputs from the employees drafted a new customised safety policy and used
different inside-marketing tools to communicate the same across organisation. The new
safety policy categorically mentioned the rewards and punishments for not abiding by
the safety norms. It also made the supervisors responsible for any nonadherence to the
safety norms by workers. There was a subsequent decrease in the number of accidents
as soon as the new safety policy was introduced.
Discussion questions:
1.  Read the case and discuss what else could be incorporated in the safety policy
to ensure a safe work environment.
2.  What were the flaws in the previous safety policy and how the new safety policy
addressed those flaws?
A  ?  Read  the  case  and  discuss  what  else
could  be  incorporated  in  the  safety
policy  to  ensure  a  safe  work
5 10
environment What details does an issue
log contain
?  What  were  the  flaws  in  the  previous
safety  policy  and  how  the  new  safety
policy addressed those flaws?
5
*A-Answer
***********

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