PM0011 assignment spring 2016

Get Answers on www.smuHelp.com
Get Answers on www.smuHelp.com
Get Answers on www.smuhelp.com
ASSIGNMENT
DRIVE
PROGRAM
SEMESTER
SUBJECT CODE & NAME
BK ID
CREDIT AND MARKS
SPRING 2016
MBA
III
PM0011 – PROJECT PLANNING AND SCHEDULING
B1937
4 CREDITS AND 60 MARKS
Note –Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Q.No
Criteria
Marks
1
Write short notes on:
 Hierarchy of organisational objectives

Porter model a tool for identifying investment opportunities

Design phase of project management life cycle

Scope change

Hierarchy of organisational objectives

Porter model a tool for identifying
10 (2.5 marks each)
Total Marks
10
investment opportunities

Design phase of project management
life cycle

2
Scope change
Budget Estimation of ABC Company Ltd.
ABC Company Ltd., established in 1985, is engaged in the manufacturing of leather
accessories. Over the years, the company, which started out as a local firm,has made
its mark as an international corporation. However, the company is still working as a
traditional set up.
The high quality and durability of products have increased the demand of the
products in the market. As the production of the organisation is being increased to
meet the demand, the traditional set up is creating hurdles in the production process.
Organisation conflicts have arisen among the team members because of the
Get Answers on www.smuHelp.com
Get Answers on www.smuhelp.com
Get Answers on www.smuHelp.com
unorganised hierarchical structure of the company, which is affecting the output of
the organisation. Now that the management has decided to expand the business and
opened up branches abroad, the company is facing two more problems. The first
problem is in budgeting as the company is unfamiliar with international market
conditions, strategy, and business policy while the second problem is conflicts at the
time of team formation due to lack of experience of and exposure to multinational
work
culture, which has further affected the output of the company.
The company can estimate the budget through two methods, the bottom - up
approach and the top - down approach. The bottom -up approach is generally
followed by the MNCs as it is more accurate and reliable.
Mr.Parag has been appointed as the country head of the company and he has also
been assigned the responsibility of incorporating the advanced project set up in the
organisation.
Questions:
1. Which project estimation approach should be used by the company and why
2. What type of project organisation structure should be used by the company
and why?
1. Argue the pros and cons of each 2
project estimation approach
Recommend the project estimation
approach that best suits the company
1
List the reasons for your decision by
mentioning the data from the case
2
2. Describe
the existing
organisation 1
structure
List the disadvantages of this structure
Recommend the project organisation
1
1
structure that should be used by the
company.
Give you reasons for recommending
this structure based on the data given in
the case and your knowledge on the
FIVE organizational structures.
2
10
Get Answers on www.smuHelp.com
3
What is the importance of operational feasibility? Explain the factors that affect
operational feasibility.
Mention the importance of operational
2
10
feasibility
Get Answers on www.smuHelp.com
Get Answers on www.smuhelp.com
Discuss the FOUR factors that affect
operational feasibility
4
5
6
8
Write short notes on:
 Crashing

Precedence diagramming method

Resource allocation

Scope creep

Crashing

Precedence diagramming method

Resource allocation

Scope creep
10( 2.5 marks each)
10
What do you understand by cost of quality? Elaborate on various types of costs of
quality associated with a project.
Write the meaning of cost of quality
4
10
Briefly explain each types of costs of quality
6
associated with a project
What do you understand by project scope? What are the various components of
project scope? What is scope creep? Explain various reasons for scope creep.
10
 What do you understand by project 2.5 marks each
scope

components of project scope

What is scope creep

reasons for scope creep.
Get Answers on www.smuHelp.com
Get Answers on www.smuhelp.com
Get Answers on www.smuHelp.com
***********

Download Report