FALL-2017
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Master of
Business Administration- MBA Semester 4
ML0018-Project
Management in Retail
Note: Answer
all questions must be written within 300 to 400 words each. Each Question
carries 10 marks 6 X 10=60.
Q1. Explain in detail Project
Planning Process.
Answer. The project planning process involves
a number of stages that we shall discuss subsequently:
Identification
and Prioritization
Q2. What do you understand by
Resource Smoothing and Resource Leveling?
Network diagrams drawn based on the
work breakdown structure and the critical path identified on it are based on
ideal condition of abundance of resources.
Answer. Network diagrams drawn based on the
work breakdown structure and the critical path identified on it are based on
ideal condition of abundance of resources:
Network
diagrams drawn based on the work breakdown structure and the critical path
identified on it are based on ideal
Q3. What are the different aspects of
retail project execution?
Retail project execution involves
several people and teams with different skills, ability and priorities,
constant co-ordination and adjustment in planned activities, conflict with
routine operations of business because of overlapping retail project organization
structure and several such issues.
Answer. Retail project execution involves several people and teams
with different skills, ability and priorities, constant co-ordination and
adjustment in planned activities, conflict with routine operations of business
because of overlapping retail project organization structure and several such
issues:
Retail
project execution is different from routine operations. Important
characteristics of retail project execution are listed as follows:
High Degree
of Interaction with Agencies: A retail project team's interface with other
agencies within the company and outside is very frequent. Rather, the
functioning of retail project team depends entirely on interface management.
Purchase, stores, finance, manpower planning, internal audit, engineering,
Q4. Write notes on the Execution
stage and Completion stage of retail project life cycle.
During the planning stage
subcontracts are given, teams and sub-teams are formed, team leaders are
appointed, coordination is established, documentations are designed and
reporting system is developed.
Answer. During the planning stage
subcontracts are given, teams and sub-teams are formed, team leaders are
appointed, coordination is established, documentations are designed and reporting
system is developed:
Q5. What do you understand by Retail
Strategy? Discuss any 3 types of Growth Direction.
Retail strategy comprises several
important dimensions.
Explanation of 3 growth direction
Answer. Retail strategy comprises
several important dimensions:
• The
retailer’s target market mix.
• Retail
format
• Sustainable
competitive advantage
Explanation of 3 growth direction:
• The
retailer’s target market: It is the market segment towards which the retailer
plans to focus its resources
Q6. Write notes on: Decision rules
& Decision-Tree Approach.
Decision rules of various types.
Answer. Decision rules are of various
types:
Four
different decision rules are discussed in this section. They include:
(i) E-V rule
or mean-variance rule:
The expected
return and variance (or standard deviation) are compared for taking a decision.
It is also
FALL-2017
Get solved
assignments at nominal price of Rs.125 each.
Any issues
mail us at: subjects4u@gmail.com or contact at
08894344452, 8219081362
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