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SMU MBA SEM 3 PM SUMMER 2015 ASSIGNMENTS
PM 0010 – INTRODUCTION TO PROJECT MANAGEMENT
1 What are phases of project lifecycle?
List the advantages of project management.
List the FIVE phases of project lifecycle and briefly discuss each phase
List the TEN advantages of project management
2 Write short notes on:
Project organisation
Term loans as a means of financing projects
Briefly explain
Project organisation
Term loans as a means of financing projects
3 Explain the concept of Social Cost Benefit Analysis (SBCA)? List the application of SBCA and describe the challenges in SBCA.
Explain the importance of SBCA, discuss the social impact of projects
List the TWO applications of SBCA
Discuss the FIVE challenges in SBCA
4 Discuss the financing of a power project.
Elucidate which are key project parties in a power project
Mention the key points of PPA(Power Purchase Agreement)
Discuss the 3-tier security payment mechanism
5 Explain the types of procurement contracts.
List the THREE types of procurement contracts
Discuss the THREE types of procurement contracts
6 What is the purpose of project evaluation? Which the four dimensions of the project explain the purpose of project evaluation?
Mention the purpose of project evaluation
List the four dimensions of the project that explain the purpose of project evaluation
Discuss four dimensions of the project that explain the purpose of project evaluation
PM0011 – PROJECT PLANNING AND SCHEDULING
1 Write short note on:
Project Rating Index(PRI)
Scope change control
Briefly explain:
Project Rating Index(PRI)
Partnering
2 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 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 project estimation approach. Recommend the project estimation approach that best suits the company. List the reasons for your decision by mentioning the data from the case
2. Describe the existing organisation structure. List the disadvantages of this structure Recommend the project organisation 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.
3 What is the importance of operational feasibility? Explain the factors that affect operational feasibility.
Mention the importance of operational feasibility
Discuss the FOUR factors that affect operational feasibility
4 Write short notes on
Monte Carlo analysis
Work break down structure
5 What do you understand by cost of quality? Elaborate on various types of quality costs associated with a project.
[Write the meaning of cost of quality
Explain various types of quality costs associated with a project
Write a note on Total quality costs]
6 Explain some of ISO standards that should be considered by the project manager during project execution. List the advantages of project management software.
Discuss the FOUR ISO standards that should be considered by the project manager during project execution
List any four advantages of project management software
PM 0012 – PROJECT FINANCE AND BUDGETING
1 Write short notes on:
· Key project resources
· Three main requirements of funding a project through project finance
· Medium term financing for projects
· Bottom up estimation for creating project budget
2 What is off take contract? Explain the various types of off take contracts.
Describe the off take contract, where is it used, how it helps the organisation, when is it negotiated
Discuss the SIX types of off take contracts
3 Explain the different key project documents.
Description of key project documents
4 Write short notes on:
Project parties in a construction project
Types of working capital
Project cash flows
Payback period method used to evaluate an investment on a project
5 What are the problems associated with BOOT projects.
Explanation of the main problems associated with BOOT projects
Conclusion
6 Explain the different types of management contracts (a type of PPP).
List the types of management contracts
Explain each type of management contract
PM 0013 – MANAGING HUMAN RESOURCES IN PROJECTS
1 Write short notes on:
Characteristics of a project
Objectives of human resource management
Project team members
Need for a project team
2 Explain the various conflict resolution techniques.
Give a brief description various conflict resolution techniques
3 Write short notes on
Skills required by a project manager
Delphi technique of estimating manpower requirements of projects
Importance of leadership in project management
Goal setting theory
4 Explain the modern methods of performance management?
List the six modern methods of performance management
Explain the six modern methods of performance management
5 Explain various types of collective bargaining.
Explanation of four types of collective bargaining
6 Discuss the concept of issue logs.
Explain what an issue log is
Why should project managers solve issues, give examples?
What details does an issue log contain?
Explain how this issue log helps a project manager
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