Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2019 Summer 4th Sem 3549286 Project Management For Entrepreneurs Previous Question Paper
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 4 ? EXAMINATION ? SUMMER 2019
Subject Code:3549286 Date:03/05/2019
Subject Name: Project Management for Entrepreneurs
Time: 10:30 Am to 1:30 Pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1. Answer the following questions. (14)
1 Define dummy activity in the project.
2 What are the stages of project life cycle?
3 What is contingency planning? Give an example.
4 Explain the term ?Responsibility Matrix?.
5 Which activities in the Project can be crashed and why?
6 Discuss the Organisation Breakdown Structure with example.
7 What is Crowd sourcing/funding?
Q.2 (a) According to you, what are the roles and responsibilities of a project manager?
Discuss in detail.
(07)
Q.2 (b) Suppose you are working for an event management company. You have to organize
the wedding function for the son of the reputed politician. Identify the risk factors
that can arise in this event and how would you manage them?
(07)
OR
Q.2 (b) Suppose your firm has got the project of developing the MIS portal for the patient
information and billing system from a hospital. Which time and cost estimation
technique would you apply for this project? Explain the technique in detail.
(07)
Q.3 (a) What is a Public Private Partnership (PPP) in Project Management? Who are the
participants in such arrangement? Explain their role.
(07)
Q.3 (b) Assume that you are the project in-charge for construction of Warehouses for
Walmart in India. You have witnessed that your team members are not efficiently
working. The project is going beyond the expected time and budget. As a project
head, how would you handle this situation? What would you do to build a high
performance project team?
(07)
OR
Q.3 (a) Write a note on Project audit. (07)
Q.3 (b) Shree Arjun Krishna Hospital is organizing the charity function every year for raising
donation for cancer patients. This year, the hospital proposes to invite Shri Tinu
Nigam, a famous singer for this function. The charges for passes are ranging from
Rs. 500 to Rs. 5000. Shri Tinu Nigam has agreed to come and sing for three hours in
this function. Develop a project scope statement for this charity function. You may
make necessary assumptions.
(07)
Q.4 (a) Give an overview of international projects. Which problems the team members may
face while working on international assignments and how can they be resolved?
(07)
Q.4 (b) Suppose an MBA college wants to organize a mega job fair for its management
students. The college authority is in dilemma whether this event should be self-
executed, or should be outsourced to an event management company, or partially
self-managed and partially outsourced. Kindly guide the college about the pros and
cons of each option. Make necessary assumptions.
(07)
OR
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GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 4 ? EXAMINATION ? SUMMER 2019
Subject Code:3549286 Date:03/05/2019
Subject Name: Project Management for Entrepreneurs
Time: 10:30 Am to 1:30 Pm Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.
Q.1. Answer the following questions. (14)
1 Define dummy activity in the project.
2 What are the stages of project life cycle?
3 What is contingency planning? Give an example.
4 Explain the term ?Responsibility Matrix?.
5 Which activities in the Project can be crashed and why?
6 Discuss the Organisation Breakdown Structure with example.
7 What is Crowd sourcing/funding?
Q.2 (a) According to you, what are the roles and responsibilities of a project manager?
Discuss in detail.
(07)
Q.2 (b) Suppose you are working for an event management company. You have to organize
the wedding function for the son of the reputed politician. Identify the risk factors
that can arise in this event and how would you manage them?
(07)
OR
Q.2 (b) Suppose your firm has got the project of developing the MIS portal for the patient
information and billing system from a hospital. Which time and cost estimation
technique would you apply for this project? Explain the technique in detail.
(07)
Q.3 (a) What is a Public Private Partnership (PPP) in Project Management? Who are the
participants in such arrangement? Explain their role.
(07)
Q.3 (b) Assume that you are the project in-charge for construction of Warehouses for
Walmart in India. You have witnessed that your team members are not efficiently
working. The project is going beyond the expected time and budget. As a project
head, how would you handle this situation? What would you do to build a high
performance project team?
(07)
OR
Q.3 (a) Write a note on Project audit. (07)
Q.3 (b) Shree Arjun Krishna Hospital is organizing the charity function every year for raising
donation for cancer patients. This year, the hospital proposes to invite Shri Tinu
Nigam, a famous singer for this function. The charges for passes are ranging from
Rs. 500 to Rs. 5000. Shri Tinu Nigam has agreed to come and sing for three hours in
this function. Develop a project scope statement for this charity function. You may
make necessary assumptions.
(07)
Q.4 (a) Give an overview of international projects. Which problems the team members may
face while working on international assignments and how can they be resolved?
(07)
Q.4 (b) Suppose an MBA college wants to organize a mega job fair for its management
students. The college authority is in dilemma whether this event should be self-
executed, or should be outsourced to an event management company, or partially
self-managed and partially outsourced. Kindly guide the college about the pros and
cons of each option. Make necessary assumptions.
(07)
OR
Q.4 (a) As a project manager, what should be your approach towards technical and socio-
cultural dimensions of the project?
(07)
Q.4 (b) From the following information, prepare a network diagram and find the critical path.
Activities Preceding Activities Duration (Days)
A ---- 2
B A 5
C A 4
D B 7
E B 9
F C 5
G E,F 7
(07)
Q.5 Mr. Raghav is a post-graduate in management. He obtained his MBA degree from a
Smith School of Business, Canada. While he was studying in Canada, he observed
that there were lot many salons for pets. Many pet owners simply do not have the
time, ability or desire to groom their pets themselves. Hence, they take the services
of professionals with the training to do so.
After coming back to India, Mr. Raghav wants to turn his love for animals in to a
business opportunity. He wants to venture in to the business segment for pet salons.
For that, he attended a diploma course for pet grooming. His business idea is at very
initial stage. He is doing market research and exploring different options for carrying
out this business. He wants to run a mobile business using a van equipped with
grooming supplies and equipment. This business would require major investments
in equipment. The necessary basic equipment for grooming businesses includes
clippers, shears, scissors, brushes, shampoos, conditioners, sprays, dryers, nail
clippers, ear cleaning products, bandanas, and bows. Salons also are usually
equipped with washing machines, dryers, bathtubs, professional grooming tables and
cages. If this business idea clicks, later he would expand and start his own Salon.
Q.5 (a) Will the venture capital investors be interested in funding this business idea? If yes,
then justify. If no, then advise Mr. Raghav which other type of equity investors he
may approach and why?
(07)
Q.5 (b) Mr. Raghav approaches a bank with his business proposal for funding. If you are a
banker, would you consider this proposal? Justify.
(07)
OR
Q.5 (a) Mr. Raghav is confused whether to avail debt funding or equity funding for this
business idea. Kindly offer your suggestions to him.
(07)
Q.5 (b) Can Mr. Raghav approach an incubation centre? What role an incubation centre may
play in turning Mr. Raghav?s business idea in to reality?
(07)
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This post was last modified on 19 February 2020