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2. (a) What is the difference between direct and indirect cost? Explain with examples.
(b) What is time phased budget? Why is it important to develop time phased budget?
3. A project is scheduled to be completed within three years. Due to some reasons,
project sponsor wants to get it completed in thirty months. As a project manager how
would you make it possible? Assume you are working in the situation where:
(a) Resources are constrained
(b) Resources are not constrained
1. (a) Explain project life cycle and typical activities associated with each phase
(b) Under what conditions would it be advisable to use to use a strong matrix instead of
dedicated project team?
2. (a) What are six elements of a typical scope statement?
(b) Develop WBS for a farewell party arranged by 13 Mechanical.
3. (a) What is a project network? How it is useful for a project manager?
(b) Develop a project network from following information.
ID Description Predecessor Duration
A Survey None 3
B Soil Report A 20
C Traffic Design A 30
D Layout A 5
E Approve B, C, D 80
Design
F Illumination E 15
G Drainage E 30
H Landscape E 25
I Signing E 20
J Bid E, G, H, I 10