MB0049-Project Management

Spring-2015

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Master of Business Administration- MBA Semester 2

MB0049-Project Management-4 Credits

(Book ID: B1632)

Assignment (60 Marks)

Note: Answer all questions within 300 to 400 words each. Each Question carries 10 marks 6 X 10=60

Q1: Write Short notes on:

1. PERT model

2. CPM model

Answer. 1. The Program Evaluation and Review Technique (PERT) is a widely used method for planning and coordinating large-scale projects. As Harold Kerzner explained in his book Project Management, "PERT is basically a management

Q2. Define project type organization and discuss in detail.

Answer. A project organisation is a temporary organisation designed to achieve specific results by using teams of specialists from different functional areas in the organisation. The project team focuses all its energies, resources and results on the assigned project. Once the project has been completed, the team members from various cross functional departments may go back to their previous positions or may be assigned to a new project. Some of the

Q3. 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).

Answer. 1. Competitive bidding aims at obtaining goods and services at the lowest prices by stimulating competition, and by preventing favoritism. In (1) open competitive bidding (also called open bidding), the sealed bids are opened in full view of all who may wish to witness the bid opening; in (2) closed competitive bidding (also called closed bidding),

Q4. Discuss the major contents of the project’s final report.

Answer. The last step in the project is to summarize the different stages into a final report. It is very important that the final report contains all the necessary information regarding your project. Try to keep in mind that you should write the report so that the reader would be able to recreate all of your steps, if they so desire.

The report will need to consist of at least all of the following sections:

(1) Abstract

Q5. Write short notes on

1. Role of risk management in overall project management

2. Quality assurance.

Answer. 1. Effective risk management strategies allow you to identify your project’s strengths, weaknesses, opportunities and threats. By planning for unexpected events, you can be ready to respond if they arise. To ensure your project’s success, define how you will handle potential risks so you can identify, mitigate or avoid problems

Q6. What are the common features of project management software?

Answer. Features:-

Project management has become a fundamental way for organizations to optimize processes, ensuring that they offer the highest level of efficiency and effectiveness while carrying out projects throughout the company.  Project management software is one of the most helpful tools that can assist project managers in being as effective as possible, regardless of the industry.  While incorporating project management software can certainly improve processes, there are distinct advantages and disadvantages to using it, which require careful

Spring-2015

Get solved assignments at nominal price of Rs.120 each.

Mail us at: subjects4u@gmail.com or contact at

08894344452, 08894387490