Download GTU (Gujarat Technological University) MBA (Master of Business Administration) 2018 Summer 4th Sem 2840006 Project Management Previous Question Paper
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 04 ? EXAMINATION ? SUMMER 2018
Subject Code:2840006 Date:25/05/2018
Subject Name: Project Management
Time: 02:30 PM To 05:30 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 (a) Select the most appropriate answer for the following MCQs. 06
1 In which of the following stage of the team development, productivity is the
highest?
A Forming B Performing
C Storming D Adjourning
2 When the project is not deterministic in nature, which of the following is applicable?
A CPM B Gantt Chart
C PERT D Crashing
3 Company A starts a new business on its own. This is an example of ___________
project.
A Greenfield Project B Brown Field Project
C Divestment Project D Modernisation Project
4 Reducing the impact of an adverse event is known as
A Retaining the risk B Mitigating the risk
C Transferring the risk D None of the above
5 Which of the following is not a hybrid security?
A Preference Shares B Bonds with Warrants
C Equity Shares D A and C
6 Which of the following phase describes the shutdown of the project?
A Planning Phase B Termination Phase
C Implementation Phase D None of the above
Q.1 (b) Briefly explain the following terms:
1. Dummy activity
2. Preference Shares
3. Time overrun
4. Crashing of the Project
04
Q.1 (c)
Explain work breakdown structure with an example.
04
Q.2 (a) Explain the meaning of a project and discuss various phases in the life of a project. 07
Q.2 (b) Your friend wants to launch an online Kids store for selling products such as toys, school
items, chocolates, kids? apparel etc. He requests you to prepare a project report for him
to get the bank loan. List and discuss the information that you would provide in the
project report.
07
OR
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Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 04 ? EXAMINATION ? SUMMER 2018
Subject Code:2840006 Date:25/05/2018
Subject Name: Project Management
Time: 02:30 PM To 05:30 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 (a) Select the most appropriate answer for the following MCQs. 06
1 In which of the following stage of the team development, productivity is the
highest?
A Forming B Performing
C Storming D Adjourning
2 When the project is not deterministic in nature, which of the following is applicable?
A CPM B Gantt Chart
C PERT D Crashing
3 Company A starts a new business on its own. This is an example of ___________
project.
A Greenfield Project B Brown Field Project
C Divestment Project D Modernisation Project
4 Reducing the impact of an adverse event is known as
A Retaining the risk B Mitigating the risk
C Transferring the risk D None of the above
5 Which of the following is not a hybrid security?
A Preference Shares B Bonds with Warrants
C Equity Shares D A and C
6 Which of the following phase describes the shutdown of the project?
A Planning Phase B Termination Phase
C Implementation Phase D None of the above
Q.1 (b) Briefly explain the following terms:
1. Dummy activity
2. Preference Shares
3. Time overrun
4. Crashing of the Project
04
Q.1 (c)
Explain work breakdown structure with an example.
04
Q.2 (a) Explain the meaning of a project and discuss various phases in the life of a project. 07
Q.2 (b) Your friend wants to launch an online Kids store for selling products such as toys, school
items, chocolates, kids? apparel etc. He requests you to prepare a project report for him
to get the bank loan. List and discuss the information that you would provide in the
project report.
07
OR
Q.2 (b) ?In any project, a contract is an essential requirement.? Do you agree with the statement?
What provisions must be incorporated in a project contract?
07
Q.3. (a) Define Project and discuss the essential skills and responsibilities of a project manager. 07
Q.3. (b) In the era of globalization, there are many virtual project teams working on the same
project. As a project manager, discuss the major challenges in managing such teams.
07
OR
Q.3 (a) ?Post Completion audit of a project forms a critical part of overall project management.?
As a project manager, what steps would you take to initiate the process of project audit?
07
Q.3 (b) Risk management in a project is a proactive and systematic approach. Explain the
statement with respect to risk management process.
07
Q.4 (a) Define hybrid securities and briefly explain each of them. 07
Q.4 (b) ?Tasty Restaurant?, a national chain of restaurants, proposes to diversify in to operating
holiday resorts. For this project, the restaurant is considering different project
construction alternatives. Kindly suggest an appropriate alternative to the restaurant
with explanation.
07
OR
Q.4 (a) Discuss in detail the Public-Private-Partnership (PPP) concept in infrastructure
financing.
07
Q.4 (b) Development of Small and Medium Enterprises (SMEs) is very crucial for the overall
economic development. Discuss the role of SIDBI towards financing of such SMEs.
07
Q.5. Warmth Ltd. is into building quality water heaters and Geysers since 1980. By 1990, it
was the second largest manufacturer of water heater and geyser in India. The total
strength of employee was 800. The company was not producing variety of heaters and
geysers. The production was standardized and the product variety was limited.
The operating and financial performance of the company was quite positive. The
revenue and profits were showing increasing trend. The company was believing that the
good financial performance was on account of economies of scale which was possible
due to standardization in manufacturing process. The company always focused on
improving the design and performance of the existing product line rather than
developing new products and models according to the market requirement. The
company was able to build and deliver advanced heaters and geysers to its clients within
their budget and on time. Over a period of time, company became complacent with the
existing business model and the growth pattern. During this time period, the new
During this time period, the new entrants in this market started providing customized
heaters and geysers to the customers with improved design and performance. Gradually,
the market share of Warmth Ltd. started decreasing. There was substantial decline in the
number of orders received from its regular clients.
14
FirstRanker.com - FirstRanker's Choice
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
MBA ? SEMESTER 04 ? EXAMINATION ? SUMMER 2018
Subject Code:2840006 Date:25/05/2018
Subject Name: Project Management
Time: 02:30 PM To 05:30 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 (a) Select the most appropriate answer for the following MCQs. 06
1 In which of the following stage of the team development, productivity is the
highest?
A Forming B Performing
C Storming D Adjourning
2 When the project is not deterministic in nature, which of the following is applicable?
A CPM B Gantt Chart
C PERT D Crashing
3 Company A starts a new business on its own. This is an example of ___________
project.
A Greenfield Project B Brown Field Project
C Divestment Project D Modernisation Project
4 Reducing the impact of an adverse event is known as
A Retaining the risk B Mitigating the risk
C Transferring the risk D None of the above
5 Which of the following is not a hybrid security?
A Preference Shares B Bonds with Warrants
C Equity Shares D A and C
6 Which of the following phase describes the shutdown of the project?
A Planning Phase B Termination Phase
C Implementation Phase D None of the above
Q.1 (b) Briefly explain the following terms:
1. Dummy activity
2. Preference Shares
3. Time overrun
4. Crashing of the Project
04
Q.1 (c)
Explain work breakdown structure with an example.
04
Q.2 (a) Explain the meaning of a project and discuss various phases in the life of a project. 07
Q.2 (b) Your friend wants to launch an online Kids store for selling products such as toys, school
items, chocolates, kids? apparel etc. He requests you to prepare a project report for him
to get the bank loan. List and discuss the information that you would provide in the
project report.
07
OR
Q.2 (b) ?In any project, a contract is an essential requirement.? Do you agree with the statement?
What provisions must be incorporated in a project contract?
07
Q.3. (a) Define Project and discuss the essential skills and responsibilities of a project manager. 07
Q.3. (b) In the era of globalization, there are many virtual project teams working on the same
project. As a project manager, discuss the major challenges in managing such teams.
07
OR
Q.3 (a) ?Post Completion audit of a project forms a critical part of overall project management.?
As a project manager, what steps would you take to initiate the process of project audit?
07
Q.3 (b) Risk management in a project is a proactive and systematic approach. Explain the
statement with respect to risk management process.
07
Q.4 (a) Define hybrid securities and briefly explain each of them. 07
Q.4 (b) ?Tasty Restaurant?, a national chain of restaurants, proposes to diversify in to operating
holiday resorts. For this project, the restaurant is considering different project
construction alternatives. Kindly suggest an appropriate alternative to the restaurant
with explanation.
07
OR
Q.4 (a) Discuss in detail the Public-Private-Partnership (PPP) concept in infrastructure
financing.
07
Q.4 (b) Development of Small and Medium Enterprises (SMEs) is very crucial for the overall
economic development. Discuss the role of SIDBI towards financing of such SMEs.
07
Q.5. Warmth Ltd. is into building quality water heaters and Geysers since 1980. By 1990, it
was the second largest manufacturer of water heater and geyser in India. The total
strength of employee was 800. The company was not producing variety of heaters and
geysers. The production was standardized and the product variety was limited.
The operating and financial performance of the company was quite positive. The
revenue and profits were showing increasing trend. The company was believing that the
good financial performance was on account of economies of scale which was possible
due to standardization in manufacturing process. The company always focused on
improving the design and performance of the existing product line rather than
developing new products and models according to the market requirement. The
company was able to build and deliver advanced heaters and geysers to its clients within
their budget and on time. Over a period of time, company became complacent with the
existing business model and the growth pattern. During this time period, the new
During this time period, the new entrants in this market started providing customized
heaters and geysers to the customers with improved design and performance. Gradually,
the market share of Warmth Ltd. started decreasing. There was substantial decline in the
number of orders received from its regular clients.
14
1.
2.
Q.5.
entrants in this market started providing customized heaters and geysers to the customers
with improved design and performance. Gradually, the market share of Warmth Ltd.
started decreasing. There was substantial decline in the number of orders received from
its regular customers.
In order to find a solution to this problem, a review meeting was conducted. The CEO
of the company Mr. Pawar hosted the meeting. He mentioned in the meeting that, the
times were changing and the company would not be able to survive with its traditional
management approach. He felt that, each customer?s order should be managed as a
separate project. Different departments of the company will have to be ready to work
under a different organization structure. The departmental heads should share the
resources with the project managers. In nutshell, he emphasized the need for applying
project management concept in its existing set up.
Many senior employees did not appreciate the idea of the CEO. They were happy with
the functional structure and standardization approach. They strongly believed that the
restructuring exercise is useless and would not deliver result.
From the given case facts, answer the following questions.
Do you agree with the opinion of the CEO of Warmth Ltd? Justify. If you are appointed
as a consultant to manage this situation, what changes will you implement and how?
How would you handle the communication and change with the senior employees who
are against the view of the CEO of the company?
OR
From the following information, you are requested to help the company prepare the
network diagram, find the critical path, duration and the total float for all the activities
of the project.
Activity Preceding Activity Duration (Days)
A --- 6
B A 8
C A 8
D B 20
E B 18
F C 10
G E 8
H D,F 2
I G,H 7
***************
14
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This post was last modified on 19 February 2020