SVKM’s NMIMS University School of Distance Learning Date: Time: Sub : Project Management 13.6.2008 3.00 pm to 6.00 pm 100 marks N.B.1) Attempt any Five Questions 2) All Questions carry equal marks 3) Use of graph paper, calculator and statistical tables permitted 1 Team work ensures timely execution of the project. Justify. 2 Explain the role a project manager plays in contracting material and equipment in the project management process. 3 Comment “Good MIS contributes to effective project management”. 4 As a project manager what quality control measures will you ensure in your project? 5 Describe the phases in project management. 6 How does CPM and PERT help in project management? 7 Given the following network: a) Find the critical path b) Find if activity ‘b’ can be delayed without delaying the project, if so by how many days? Duration in days Preceeded by activity Activity / activities Optimistic (a) Most likely (m) Pessimistic (b) a 6 7 14 b 8 10 12 c a 2 3 4 d a 6 7 8 e b,c 5 5.5 9 f e 5 7 9 g d,f 4 6 8 8 What are the various sources of project funding? 9 Choose the most profitable proposal from the following assuming the rate of return at 10%. Project A Project B Project C (Rs.) (Rs.) (Rs.) Cost of project 10,00,000 10,00,000 10,00,000 Cash inflows generated: 1st year end 8,00,000 1,00,000 2,00,000 2nd year end 3,00,000 1,50,000 8,00,000 3rd year end 4th year end 5th year end 10 1,50,000 1,00,000 2,00,000 Write short notes on any two: a) Demand forecasting b) Departmentalisation c) Benefits of project management d) Cost control activities in a project ***** 3,00,000 2,00,000 8,00,000 1,00,000 1,50,000 3,00,000