SMU MBA SOLVED ASSIGNMENTS SUMMER 2014 - PM 4th Sem

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PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT

1. Write short notes on: Scoring Method for project selection Rules for network construction Project crashing using network analysis Graphical Evaluation & Review Technique
[Scoring Method for project selection Rules for network construction Project crashing using network analysis Graphical Evaluation & Review Technique]
2. Describe the importance of Business Forecasting.
[Need for forecasting with examples
Two common approaches to forecasting]
3. Describe the different stages in Project management.
[Explanation of the different stages in Project management]
4. Write short notes on: Time-series Forecasting of Seasonal Data Setting resource calendar in MS Project Network diagram chart Cost Performance Index
[Time-series Forecasting of Seasonal Data Setting resource calendar in MS Project Network diagram chart Cost Performance Index]
5. How to create a report on the project activities in the MS Project.
[Explain how to set up of Reports
Explain the process of Creating or Editing Reports
Describe the reports that can be printed
List the steps of Printing a Report]
6. Discuss the algorithm for solving the shortest-route problem.
[Description of shortest-route problems
Description of the 5 steps of the algorithm]
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PM 0016 –PROJECT RISK MANAGEMENT

1. Define Risk Management. Explain the seven step process in risk management planning.
[Definition of Risk Management
Explanation of the seven step process risk management planning]
2. The risk mitigation methodology describes the approach to control implementation. Explain the steps of the methodology.
[Explain the steps of risk mitigation methodology
Conclusion]
3. Write short notes on: Keane’s Risk Process Monte Carlo Simulation Categories of project risk Importance of a risk register
[Keane’s Risk Process Monte Carlo Simulation Categories of project risk Importance of a risk register]
4. What is a fishbone diagram? Explain the various tasks involved in constructing a Fishbone diagram.
[Definition of fishbone diagram
Why is it used
Describe the tasks involved in constructing a Fishbone diagram]
5. Benchmarking is considered as a component of Total Quality Management (TQM). Write a note on benchmarking.
[Explain benchmarking( definition, what will happen if there is incorrect benchmarking)
List any four Advantages of benchmarking
List any our limitations of benchmarking]
6. What are the tips to remove the top three project estimating risks? Explain
[Listing of the tips
Explanation of the tips]
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PM 0017 –PROJECT QUALITY MANAGEMENT

1. Discuss the various tools used for understanding data.
[Various tools: Graphs, Histograms, Pareto charts, and Scatter diagram.]
2. Write short notes on The Enterprise Project Management Model.
[Brief Explanation of Enterprise project management Working of EPM within the model Implementation of EPM Advantages of an EPM System]
3. Explain communities of practice .
[Definition and description of Communities of Practice (CoP), The role of Communities of practice in helping organisations to compete globally through information sharing across the globe]
4. The project management initiative program is a six step process which is designed to bring about a measurement team from the introduction to the project management-focused measurements through the design, the development and the implementation of the project management value measurement program. Explain the six steps in the project management initiative program.
[Measurement readiness planning Initiative Planning Measures development Scorecard development Measurement program Implementation Planning Measurement program implementation]
5. Briefly explain the seven forces involved in the success of quality in project management.
[Seven forces Placing the budgetary considerations ahead of the quality Placing schedule considerations ahead of quality Placing political considerations ahead of quality Being arrogant Lack of fundamental knowledge, research or education, the principles of quality assurance Pervasively believing in entitlement Practicing autocratic behaviours, resulting in “enrolment
Conclusion]
6. Explain briefly the Inspection-Planning and necessity in quality.
[Explanation inspection and the test plans Activities of inspection planning Explanation of necessity in quality Basic principles Amount of inspection]
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PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS

1. Fixed price contracts have a preset price that the vendor must adhere to in performing the work and in providing materials. There are different types of fixed price contracts. Explain them.
[Explanation of various types of fixed price contracts]
2. Direct contracting is another procurement method that is used under a limited number of exceptional circumstances. Explain the conditions for adopting direct contracting, requirements and steps for direct contracting
[Conditions for adopting direct contracting Requirements for direct contracting and Steps for direct contracting]
3. Write short notes on Cost Plus Fee Contracts.
[Explanation of Cost Plus Fee Contracts Features Conditions for adopting Advantages and disadvantages]
4. The methods of selecting a consultant are designed to achieve the objectives of quality, efficiency, fairness and transparency in the selection process and to encourage competition. Discuss any 2 methods of selecting consultants.
[Explanation of any 2 of the methods
With
Where it is appropriate
Type of assignments for which this method of selection is adopted]
5. The contract control process commences right at the beginning stage of bid document preparation inviting contractors to bid, and proceeds through the contract negotiation, contractor selection, monitoring and controlling of the contractor’s work and terminating the contract. Explain the areas that need attention for effective control of the contracts in a project
[Core competence of the project manager Requirements of the working system Use of Work Breakdown Structure (WBS) Recognising the limitations with flexibility]
6. Explain the need of Procurement law and what are its objectives?
[Explain the need of Procurement law
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