GUJARAT TECHNOLOGICAL UNIVERSITY
BE - SEMESTER-VII(NEW) EXAMINATION - SUMMER 2019
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Subject Code:2182506 Date:13/05/2019Subject Name:Managing Projects
Time:10:30 AM TO 01:00 PM Total Marks: 70
Instructions:
1. Attempt all questions.
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2. Make suitable assumptions wherever necessary.3. Figures to the right indicate full marks.
Q.1 (a) Differentiate clearly between total float, free float and independent float. 03
(b) A project has been defined to contain the following list of activities, along with Their required times for completion: 04
Activity | A | B | C | D | E | F | G | H | |
---|---|---|---|---|---|---|---|---|---|
Time(days) | 1 | 4 | 3 | 7 | 6 | 2 | 7 | 9 | 4 |
Immediate Predecessors | — | A | A | A | B | C,D | E,F | D | G,H |
Draw the critical path diagram and determine project duration.
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(c) Table gives the data about durations & costs of various activities of the network shown in figure. The project overhead cost are Rs. 2000 per week. Find the optimum duration & the cost associated with it. Also draw the least cost network. 07
Activity | Normal Time (weeks) | Normal cost (Rs.) | Crash Time (weeks) | Crash cost (Rs.) |
---|---|---|---|---|
1-2 | 4 | 4000 | 2 | 12000 |
2-3 | 5 | 3000 | 2 | 7500 |
2-4 | 7 | 3600 | 5 | 6000 |
3-4 | 4 | 5000 | 2 | 10000 |
Q.2 (a) Define project, program and portfolio with one example of each. 03
(b) What is LRC ? Construct the LRC with any suitable example. 04
(c) Enlist all steps of project portfolio process and explain any three of them. 07
OR
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(c) Explain the Project Manager’s responsibility to the project. 07
Q.3 (a) Why Project manager needs a good listening skill? 03
(b) Briefly describe the Pure Project Organization. 04
(c) Discuss the different elements of Project Planning. 07
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OR
Q.3 (a) What is the Game theory approach? 03
(b) List the characteristic of effective members in a project team. 04
(c) What are the selection criteria of a project manager? Explain it. 07
Q.4 (a) Give the difference between PERT and CPM methods 03
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(b) Briefly explain the content of Project Overview Statement. 04
(c) Explain stages of project life cycle with neat sketch. 07
OR
(a) Prepare a sample project action plan for any project. 03
(b) Explain why project oriented firms require excess resource capacity. 04
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(c) Discuss Budget uncertainty. 07
Q.5 (a) Define Earned Value, Planned value and Milestone. 03
(b) A Project plan consisting of ten events have predecessor relationships as under: 04
Event | Immediate Predecessor | Event | Immediate Predecessor |
---|---|---|---|
1 | - | 6 | 3,5 |
2 | 1 | 7 | 3,4 |
3 | 2 | 8 | 3,7 |
4 | 2 | 9 | 7 |
5 | 2 | 10 | 3,6,8,9 |
Draw the network diagram for the project plan.
(c) Explain the process of Project Auditing. 07
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OR
(a) List out the main duties of Termination Manager. 03
(b) Explain graphical guidelines (rules) for construction of network diagram. 04
(c) How a Project can be controlled by Project Manager? What are the purposes of Project control? 07
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