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Project Planning and Scheduling [email protected] +91 95030-94040 Project Planning and Scheduling Q1. Map all the knowledge areas of project management to the various activities of a construction industry project, across all the phases of its life cycle. (10 Marks) Q2. You are a project manager with the XYZ organization. As the PM, you need to evaluate two projects A and B and make a recommendation to the management for the selection of a suitable project. Both the projects A and B entail an initial investment of ₹2,00,000. The projected cash inflows for the Project A are ₹70,000 in year 1; ₹80,000 in year 2; ₹80,000 in year 3, and ₹75,000 in year 4. The projected cash inflows for the Project B are ₹70,000 in year 1; ₹80,000 in year 2; ₹70,000 in year 3, ₹50,000 in year 4; and ₹40,000 in year 5. The required rate of return is 10%. The present value of ₹1 at 10% is ₹0.909 for year 1, ₹0.826 for year 2, ₹0.751 for year 3, ₹0.683 for year 4, and ₹0.621 for year 5. Calculate Net Present Value (NPV), Internal Rate of Return (IRR) and Profitability Index (PI) for both the projects A and B. Compare and contrast the NPV, IRR and PI values of projects A and B, and recommend a suitable project for investment to the management. (10 Marks) Q3. A project Z comprises of 8 activities of varying durations and dependence on previous activities. These activities, along with their duration and their precedent relationships are given in the table below. a) Calculate the earliest and latest start times, and the earliest and latest finish times of these 8 activities of project Z. (5 Marks) b) Draw the network diagram of project Z and also determine the critical path for the completion of project Z. (5 Marks) www.answersheets.in [email protected] [email protected] +91 95030-94040