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a Four phases 2M
Explain Project Initiation phase 3M
b Explanation 2M
5 Three steps in Scenario Analysis 3M
c Explain Quality plan 3M
Explain Communication plan 2M
d Any five reasons 5*1=5M
a Definition 2M
6 Any six types 3M
b Explanation on project closure phase in project management. 5M
c Explain Issue Management 3M
Explain Procurement Management 2M
d Any five reasons 5*1=5M
SECTION - 4
(i) Project
A project is a temporary, unique and progressive sequence of tasks that must
be completed on time to attain a certain outcome.
OR
Project is a temporary endeavor undertaken to create a unique product orservice.
OR
A project is a one-shot, time limited goal directed, major undertaking,
requiring commitment of varied skills and requirements.
OR
Project is a work plan which is scientifically devised with the right man for
the right work at the right time to achieve a specific objective within a certain set time frame.
OR
Project is a unique process, consist of a set of coordinated and controlledactivities with start
and finish dates, undertaken to achieve an objective confirming
to specific requirements, including the constraints of time cost andresource. (ISO10006).
OR
SECTION – 2
3 (c) Develop Work Breakdown Structure for the construction of residential house.
3 (d) Describe Communication in organization and mention channels of
Communication
Communication is the exchange of facts opinions ideas and emotions between different
persons.
Communication is a two-way process which involves transferring of information or messages
from one person or group to another. This process goes on and includes a minimum of one
sender and receiver to pass on the messages. These messages can either be any ideas,
imagination, emotions, or thoughts.
Channels of Communication (Any 3)
1. Face-to-face conversations/Oral conversations
2. Videoconferencing
3. Audio conferencing
4. Emails
5. Written letters and memos
6. Chats and messaging
7. Blogs
8. Formal written documents
9. Spreadsheets.
10. Symbols
11. Public address system
OR
4(a) Mention different types of Project teams and describe Project Advisors
Different types of a project teams are :
1. Initial project team
2. Project manager
3. Core project team
4. Full project team
5. Project advisors
6. Project stakeholders
7. Process facilitators
Project advisors: Project advisors are the people who are not in the project team, but
finally to whom the team members can depend for honest feedback and counseling. Project
advisor is a person who anchors the cause of the project.
4(b) Define Project Direction in Project Administration and list its steps
Project Direction is the process of implementing and carrying out of those approved plans
that are necessary to achieve objectives.
Project Direction involves steps as follows.
1. Staffing – Seeing that a professional person is chosen for every position.
2. Training – Training individuals and groups on how to fulfill their duties and
responsibilities.
3. Supervising – Giving day-to-day instructions, guidance and discipline as required
so that they can fulfill their duties and responsibilities.
4. Delegating – Assigning work, responsibility, and authority so that others can
make maximum utilization of their abilities.
5. Motivating – Encouraging others to put more effort into the successful
completion of the projects.
6. Counseling – Solve the personal problems and holding private discussions about
how he might do better work.
7. Coordinating – Bring synchronization between different activities.
4 (c) Develop Work Breakdown Structure for waste water treatment Project
Section-3
5 (a) List the four phases in Project Management Life Cycle and explain Project
Initiation phase.
The project management life cycle has following four phases:
1. Project Initiation
2. Project Planning
3. Project Execution
4. Project Closure
Project Initiation phase:
This is the first phase of the project life cycle, which in turn, has a set of activities which are
to carried out before the planning phase. In this phase, the purpose and scope, justification for
initiating and the solution to be implemented are defined. Also, the recruitment of skilled
project team, setting up of a project office and performing an end review of this phase are
done in this phase. The steps of the project initiation phase are listed below.
● Development of a business case
● Performing feasibility study
● Establishment of terms of reference/project charter
● Appointment of project team
● Setting up of a project office
● Performing phase review
5 (b) Explain Scenario Analysis and write the procedure involved in it.
Scenario Analysis:
Scenario analysis is a process of analysing future events by considering alternative
possible outcomes. Scenario analysis is conducted, to analyse the impacts of possible future
events on the system performance.
In sensitivity analysis, one variable is changed at a time. If variables are interrelated,
as they are most likely to be, it will be helpful to look at some likely scenarios analysis, each
scenario representing a consistent combination of variables.
The procedure/ steps involved in scenario analysis are as follows:
Select the factor around which scenarios will be built. The factor chosen must be the largest
source of uncertainty for the success of the project.
1. Select the factor around which scenarios will be built. The factor chosen must be the
largest source of uncertainty for the success of the project.
2. The factor may be a rate of interest or state or economy or technological development
or response of the market.
3. Estimate the values of each of the variables in investment analysis for each scenario.
4. Calculate the net present value and/or internal rate of return under each scenario.
5 (d) An International Airport project was planned with an estimated budget of 5000
crores. However, after the completion of the project, it was found that the total project
cost was 5500 crores. Analyse the possible reasons for the increase in cost of the project.
The possible reasons for the given project cost overruns:
1. Unplanned expansion of the project scope.
2. Inaccurate initial cost estimation.
3. Failures in project performance.
4. Errors in project design.
5. Improper risk management.
6. Improper project team building.
7. Wrong choice of equipment.
8. Incompetent material suppliers.
9. Time overrun.
6 (a) Define the project risk and list the types of project risks.
Project Risk:
Risk is defined as the possibility of an outcome being different from the expected
outcome. It refers to the possibility of adverse results flowing from the uncertainty involved
in carrying out the activities. The element of risk is inherent in every activity of a project.
All projects are exposed to various types of risks.
Following are the different types of risks:
1. Technical Risks
2. Social Risks
3. Economic Risks
4. Political Risks
5. Production Risks
6. Marketing Risks
7. Financial Risks
8. Human Risks
Procurement Management:
In project management, mostly the goods and services are purchased from the external
sources. Under such situation, the procurement management process will help the project
team to purchase goods and services from the external suppliers more efficiently. This
process will give a complete set of guidelines to issue purchase orders, receive and approve
deliveries, endorse supplier payments and manage supplier against their contracts.
The essence of procurement process is as outlined below:
● Identifying the goods and services that the project team wishes to procure Completing
purchase orders and issuing them to the suppliers
● Agreeing on delivery time frames and methods
● Receiving goods and services from the suppliers
● Reviewing and accepting the items procured
● Approving suppliers' payments
6 (d) A Smart City project was planned with estimated time duration of 24 months.
However, the project took 36 months for its completion. Evaluate the possible
reasons for the delay in the project.
The possible reasons for the given project time overruns:(05x01=05)
1. A change in the scope of the project.
2. Ineffective project time management.
3. Delays in starting and executing some of the project activities.
4. A delay in one project, results in delays in subsequent projects.
5. Use of outdated technology.
6. Political interference.
7. Poor administration.
SECTION – 4
7 (a)
(i) Define the project planning.
(ii) List the tools used in project planning.
7 (d) Prepare an early start schedule network diagram for the given project.
C A 11
D B, C 16
Solution:
OR
8 (b)
(i) Explain Time estimate.
(ii) Distinguish Optimistic time, Most likely time and Pessimistic time.
(i). Time Estimate:
● While designing a project, it is essential to fix time target for each and every activities
of the project.
● It helps to complete the projects as per time schedule through which it can enjoy
optimum benefits.
● Time estimate can be made by making a work break down of the project, estimating
the time schedules for each work, putting them in proper sequence.
● The time estimation for completing a project depends not only on the work
content/sequence but is also influenced by resources and constraints.
● The basic factors involving in the time estimation are work, constraints, resources and
also the data available.
(ii). Distinguish Optimistic time, Most likely time and Pessimistic time.
(a) Optimistic time (to): The optimistic time is the time required to complete the activity
if no hurdles or complications arise.
(b) Most likely time (tm): The most likely time is the time in which the activity is most
likely to be completed. This estimates takes into consideration normal circumstances,
making allowances for some unforeseen delays.
(c) Pessimistic time (tp): The pessimistic time is the time required if unusual
complications or unforeseen difficulties arise.
Objectives:(03)
● Objectives are finite sub-sets of a goal and should be specific and achievable.
They should be “SMART” as follows:
● Specific: Clear about what, where, when, and how the situation will be
changed.
● Measurable: Able to quantify the targets and benefits.
● Achievable: Able to attain the objectives.
● Realistic: Able to obtain the level of change reflected in the objective.
● Time bound: Stating the time period in which they will each be
accomplished.
Section-5
9 (b) Distinguish between PERT and CPM in Project Management. (Any Five)
9 (c) Analyse the functions of Project auditor. (Any Five)
1. Providing the actual status of the project from time to time.
2. He has to examine the project methodology and techniques to achieve the project
objectives.
3. Identification of factors which may create the quality problems during the project
work and giving the recommendations to overcome those problems.
4. Auditor is required to give advice to make recommendations.
5. He should be competent to prepare the action plans.
6. Auditor has to evaluate the contract base lines and give his judgment on their
adequacy for achieving the project objectives.
7. Auditor has to measure the present and future state of the project.
8. Timely spotting of different problems relating to the execution of the project and
suggesting to overcome the above problems.
9. Establishing a good information base for a proper estimation and costing of the
project.
OR