Seat No.:
Enrolment No.
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GUJARAT TECHNOLOGICAL UNIVERSITY
MBA — SEMESTER - 4 EXAMINATION — WINTER 2015
Subject Code: 2840006
Subject Name: Project Management (PM)
Time: 02.30 PM TO 03.30 PM
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Instructions:
- Attempt all questions.
- Make suitable assumptions wherever necessary.
- Figures to the right indicate full marks.
Q.1 (a) Define PERT and CPM. Explain the rules of constructing a network. 07
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Q.1 (b) Define Project. Explain the Project Life Cycle in details. 07
Q.2 (a) Why team work is important in Project Management? Describe the Five Stage Team Development Model. 07
Q.2 (b) Discuss the conditions for Project Closure. 07
OR
Q.2 (b) Explain the types of risks a Project Manager may face while handling a project. 07
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Q.3 (a) What is the meaning of Resource Constrained Project? Explain the types of Resource Constraints. 07
Q.3 (b) Explain the Top-Down approach for Estimating Project Time and Costs. 07
OR
Q.3 (b) Define Project Scope. Discuss about the Project Scope Checklist. 07
Q.4 (a) What is WBS? Explain the process of developing WBS. 07
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Q.4 (b) Explain the types of Ownership Securities. 07
OR
Q.4 (b) Discuss about Project Financing in India and SEBI Guidelines. 07
Q.5 (a) Why do firms outsource Project Work? Discuss the advantages and disadvantages of outsourcing the Project Work. 07
Q.5 (b) Explain in details the Project Control Process. 07
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OR
Q.5 (b) Discuss the qualities of an effective Project Manager. 07
Q.5 (b) Write a note on responsibilities of various stakeholders involved in a Project. 07
OR
Q.5 (b) Discuss various types of Hybrid Securities. Explain various ways by which Project Financing can be regulated. 07
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Following is the activity and duration details of a construction project. 07
Activity Normal Time (Days)
1-2 10
1-3 11
2-4 13
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2-6 14
3-4 10
4-5 7
4-6 17
5-7 13
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6-7 9
7-8 1
You are required to help the contractor of the construction project with the following:
- Draw the network diagram
- Calculate EST, EFT, LST, LFT and slack for each activity
- Find Critical Path
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Date: 01/12/2015
Total Marks: 70
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