Birla Institute of Technology & Science, Pilani

Work-Integrated Learning Programmes Division

Second Semester 2015-2016
Comprehensive Examination (EC-3 Regular)
Course No.
Course Title
Nature of Exam
Weightage
Duration
Date of Exam
Note:
1.
2.
3.

: MM ZG523
: PROJECT MANAGEMENT
: Open Book
: 50%
: 3 Hours
: 10/04/2016 (AN)

No. of Pages
=2
No. of Questions = 7

Please follow all the Instructions to Candidates given on the cover page of the answer book.
All parts of a question should be answered consecutively. Each answer should start from a fresh page.
Assumptions made if any, should be stated clearly at the beginning of your answer.

Q.1. For the following PERT network, the durations given are in days:
Activity Predecessor Optimistic Most Likely Pessimistic
Time
Time
Time
A
8
10
12
B
6
7
9
C
3
3
4
D
A
10
20
30
E
C
6
7
8
F
B,D,E
9
10
11
G
B,D,E
6
7
10
H
F
14
15
16
I
F
10
11
13
J
G,H
6
7
8
K
I,J
4
7
8
L
G,H
1
2
4
(a)
(b)
(c)
(d)

Draw the network diagram, determine the critical path and expected project
duration.
Determine the free slack and total slack for non-critical activities.
What is the probability that the project will be completed at least 5 days earlier
than expected?
What due date has about 90% chance of being met?
[3 + 3 + 2 + 2 = 10]

Q.2. For the following network, the time in weeks and costs in Rupees:
Activity Predecessor Normal Time Normal Cost
A
3
1000
B
2
2000
C
1
300
D
A
7
1300
E
B
6
850
F
C
2
4000
G
D, E
4
1500

Crash Time
2
1
1
3
3
1
2

[8]
Crash Cost
1600
2700
300
1600
1000
5000
2000

The indirect cost is Rs 1500 per week. Find the optimum cost time schedule for a
project duration of 10 weeks.
MMZG523 (EC-3 Regular)

Second Semester 2015-2016

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MM ZG523 (EC-3 Regular)

Second Semester 2015-2016

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Q.3. At week 24 of a project to shoot a television commercial, what should the expenditure be?
If the earned value is right on schedule but the actual expenses are $9000, what are the
cost and schedule variances? Determine CPI, SPI, CSI, ETC, and EAC? Use the
proportionality rule.
[6]
ACTIVITY PREDECESSOR
A
B
C
A
D
A
E
B, C
F
B, C, D
G
D, E

DURATION
6
6
6
12
14
10
16

BUDGET
900
1200
1200
1800
1400
1500
800

Q.4. Develop a resource constrained schedule for the project whose details are given below.
Assume that there are only 3 tractors (resources) to the projects
[6]
ACTIVITY
A
B
C
D
E
F

PREDECESSOR
A
A, B
B
C, D, E

DURATION
4
5
4
5
3
2

RESOURCES
1
2
2
1
2
2

Q.5. Enumerate the main characteristics of the following types of contract, mentioning their
advantages and disadvantages:
[6]
(a) Lump-sum contract
(b) Cost-Plus Contract
Q.6 (a) State the different types of risks that may occur in the life-cycle phases of a project.
Q.6 (b) Explain the importance of contingency plans in handling technical and cost risks?
[3 + 3 = 6]
Q.7 (a) What are the different types of Audits and state their importance?
Q.7 (b) What are the various activities that need to be done after the project closure?
Q.7 (c) What impact does the termination of a project has on the project team members?
[3 + 3 + 2 = 8]

*********

MMZG523 (EC-3 Regular)

Second Semester 2015-2016

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