Get fully solved assignment.

Buy online from website

www.smuassignment.in
online store
or
plz drop a mail with your sub code
computeroperator4@gmail.com
we will revert you within 2-3 hour or immediate
Charges rs 125/subject

DRIVE

winter 2016

PROGRAM

MBADS (SEM 3/SEM 5)

MBAFLEX/ MBA (SEM 3)

PGDPMN (SEM 1)

SUBJECT CODE & NAME

PM 0010 INTRODUCTION TO PROJECT MANAGEMENT

Q1. a. Describe the characteristics of a project b. Explain the triple constraints in project
management(a. List and explain the characteristics of a project b. State the meaning of constraints
Describe the triple constraints with the help of examples.) 6, 4

Ans: Characteristics of a Project: Every project has a unique goal, and it intends to serve some specific
objectives of an organisation. For example, highway projects undertaken by
construction organisations are different in terms of scope, time involved, and requirement of resources as
compared to any product

Q2: Write short notes on:

Project development
Project organisation

Factors affecting collection of market-related information

Term loans as a means of financing projects

(Project development, Project organisation, Factors affecting collection of market-related

information.

ANSWER:

Project development: In this phase of project management lifecycle, the progress of the project is
monitored and controlled. This phase also provides a measure to ensure that the project deliverables meet
the expectations of customers or clients.

This phase is considered complete after the testing and approval of the project. The main purpose of this
phase is to

Q3. Explain the L-M approach of SCBA.( a. Explain the L-M approach stating the basic
features of the approach b. State how to calculate the actual value of resources in this
approach) 5, 5

Ans: Little-Mirrlees approach: L-M approach was developed by I.M.D Little and J.A. Mirrlees, and is
similar to the UNIDO approach. The L-M approach is based on the assumption that the social cost of
using a resource is substantially different from the actual price paid for that resource due to market
imperfections. Therefore, in

Q4: 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 )2,5,3

ANSWER:
Elucidate which are key project parties in a power project:

Government: The government is a key project party in an infrastructure project. It initiates the tendering
process, evaluates the tenders and grants sponsors the right to set up and operate the

Q5: What do you understand by Procurement Planning? Discuss the various factors
affecting procurement planning. List out the tools and techniques used for procurement
planning.
(Discuss Procurement Planning)

ANSWER:
Procurement planning is the process of identifying the project requirements that can be acquired
at the best possible costs from external sources. It is required to decide:

The need

Q6: 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.
Discuss four dimensions of the project that explain the purpose of project evaluation. )
ANSWER:
The purpose of project evaluation :
The purpose of project evaluation is to measure the success of a project. Accordingly, projects
are evaluated on the basis of the indicators of success or failure such as profitability, competency,
efficiency and future prospect. The success of a project has been defined by different researchers
through some models. One of such models was proposed by Shenhar et al. in 1997.

Get fully solved assignment. Buy online from website

www.smuassignment.in
online store
or
plz drop a mail with your sub code
computeroperator4@gmail.com
we will revert you within 2-3 hour or immediate
Charges rs 125/subject