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Project Management
April 2022 Examination
Question 1. Consider a hypothetical project of conducting Annual Day in your university. In this context, explain how different Project Life Cycle Models can be considered. Write examples for each PLC Models in your answer and suggest which model will be the best suitable for this case. (10 Marks)
Ans 1.
Introduction
The yearly day in the college, like every other university, is held at the quit of the year. This had been a form of ritual for the past many years. The annual day is well known for two days as a minimum. That is when all of the students collectively for the time wherein they were beneath the steady celebration of the yr. During this celebration, the students and the university make loads of effort to carry fulfillment to this system and thus to make it extra thrilling for people to attend. The specific project existence cycle fashions may be used to plan
Question 2. India’s Road and Transport Ministry has taken-up various Expressway Road Projects in the country. One of the such project consist of following broad scope of work
a. Constructing roads
b. Constructing tunnels
c. Constructing bridges over river
d. Constructing flyovers and junctions
e. Constructing convenient places (fuels stations, rest areas, etc.)
f. Developing a solution for speed monitoring
g. Finding suitable road material for areas in heavy flood zone
Prepare three types of project organization structures for this case. Evaluate and suggest the best suitable structure for the given project. (10 Marks)
Ans 2.
Introduction
There are three types of organizational assignment shapes. They may be a practical, matrix, and projectized. Each undertaking structure framework is determined via the authority, the memorable roles, and the team members’
Question 3. Answer the following questions.
a. A project manager is struggling to select one of the following three options. Use appropriate method to evaluate the projects based on the given information.
I: Initial investment
C1 to C6: Cash flow at the end of Year-1 to Year-6 respectively.
I C1 C2 C3 C4 C5 C6
Project-01 Cashflow -20 5 5 5 5 5 5
Project-02 Cashflow -25 10 5 5 5 5 5
Project-03 Cashflow -30 10 10 5 5 5 5
Consider Discounting Rate as 8% per year. (5 Marks)
Answer 3a.
Introduction
Consistent with the inquiry findings, the assignment supervisor is experiencing difficulty deciding among the three alternatives below consideration. Because it might be harder, the second project could better match its achievement. Purchasers have legitimate concerns about the product’s excellent, and they are eager to study whether or not or now not the company may be
Question 3b. India’s Road and Transport Ministry has taken-up various Expressway Road Projects in the country. One of the such project consist of following broad scope of work
a. Constructing roads
b. Constructing tunnels
c. Constructing bridges over river
d. Constructing flyovers and junctions
e. Constructing convenient places (fuels stations, rest areas, etc.)
f. Developing a solution for speed monitoring
g. Finding suitable road material for areas in heavy flood zone
Prepare the Work Breakdown Structure for this project. (5 Marks)
Ans 3b.
Introduction
The roads and bridges ministry devised a piece breakdown structure for the mission they are currently retaining to ensure that people are operating on the undertaking each day and have time to rest. As a result of the use of this technique, the initiatives have been an achievement so far. I
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