9C

6
CB
FB

B9

FA
Paper / Subject Code: 52778 / Institute Optional Course-2: Project Management

AD
F8

3C
61

BD

C
A6
4F

FB

B9

D9
CC

DF
E3

F8

61

6A
93
1C

4F

CB
B

FA
1B
F
12

3C
Time: 3-hour Marks: 80

BD
F

6
8B

1C

4F

FB

CC
1B
83

12

E3

D
F

6
9C
N.B. : (1) Question No 1 is Compulsory.

93
8B

B
B
21

34

CC
1B
F
AD

3
(2) Attempt any three questions out of the remaining five.

F8
8

B6
C

93
8B
A6

C
(3) All questions carry equal marks.

4F
D9

B
8F
3

3
F
(4) Assume suitable data, if required and state it clearly.

61
C8
6A

B1

CE
BD

F
4F

FB
9
(5) Notations carry usual meaning.

FA

38

21
C

1B
D

F8
3C

C8
6A

E
BD

B6
8B

4F
B9

D9
A

21
Q1. Answer the following (Any FOUR.) [20M]

8F
83

E3
F
3C
61

6A

B1
BD

FF
C

1C
FB

B9

D9
FA

34
CC

83

2
a) What are the contents of project charter? who prepares and authorizes the project charter?
F8

61

6A

B1

CE
D

9C
3

4F
F

CB
FB

FA

38

21
b) Compare the top-down budgeting and bottom-up budgeting.
34

AD

E3
F8

8
61

B1
CE

BD

9C
3

A6

1C
c) What is Goldratt’s critical chain method?
4F

FB

B9

38
21

CC

AD

12
F
E3

F8

C8
61
B1

BD
d) Explain the significance of IRR method in project selection.

8B
93

A6
1C

4F

FB

D9
38

CC
1B

83
12

DF
E3

8
e) Briefly describe the purchasing cycle.
C8

6A
FF

9C
B6

3
8B

1C

CB
B9
D9

FA
4

AD
f) Explain the risk breakdown structure. F
83

12

3C
61
6A

CE

BD
F
9C

8B

A6
F

FB

B9
FA

21

34

CC
AD

83

DF
F8

61
Q2. (a) A consulting project has an actual cost of Rs. 35000, Scheduled cost Rs. 27000, and [5M]
B1

CE
BD

9C

93
A6

4F

CB
FB
38

1
CC

1B
AD

12

completed work is Rs. 31000. Find the Scheduled and Cost Variance. Also find SPI and CPI.
E3
DF

3C
C8

FF

B6
8B
93

A6

C
CB

B9
D9

34

(b) What is a contract? Explain different types of contracts in brief. [5M]

1B

8F
83

2
DF
3C

61
6A

CE

FF
9C
B6

8B
CB

FB
(c) Consider a project having following cash flow stream. The cost of capital (r) for the firm is
B9

FA

21

34
AD
8F

83

F8
3C
61

B1

CE
BD
FF

10% . Calculate NPV of project and decide whether to accept or reject the project. [10M]
A6

4F
FB

B9

1
34

CC

AD

83

12

E3
DF
F8

61
CE

8B
93

A6

1C
4F

CB
FB

D9

Year 0 1 2 3 4 5
21

1B

83

12
DF
E3

F8

3C

9C
B6

8B
A6
1C

4F

CB
B9

CASH 10,00,000 2,00,000 2,00,000 3,00,000 3,00,000 3,50,000

D
F

83
12

F
E3

F8

3C
61

Flow in
D

9C
8B

A6
1C

4F

CB
FB

B9

Rs.
AD
83

F
E3

F8

3C
61
B1

BD
9C

A6
1C

4F

FB

B9
38

CC
2

DF
E3

Q3. (a) What is project life cycle? how does cost of change, risk and influence of stakeholders are
F8

61
C8

B1

93
1C

4F

CB
FB
D9

38

1B

affected with Project time during the life cycle of project? [10M]
12

E3

F8

3C
C8
6A

6
8B

1C

4F

FB

B9
D9
A

83

12

E3
DF

F8

61
6A

Q3. (b) Explain probability and impact matrix. What are the risk response strategies foe negative risks
9C

8B

1C

4F

FB
A

AD

83

12

E3
DF

F8

(threats) and positive risks(opportunities). [10M]

9C

8B
6

1C

4F
CB

FA

AD

83

E3
3C

B1
BD

9C
6

1C
B9

FA

38
CC

AD

2
C8

B1
BD
93

A6

D9

38
CC
1B

DF

C8
6A
B6

93

CB

29975
D9

Page 1 of 2
FA
1B
8F

3C

6A
BD
FF

B6

B9

FA
CC
F
F8

61

BD
93

21CE34FF8FB61B93CCBDFA6AD9C838B1
4F

FB
 9C
6

6
CB
FB

B9

FA
Paper / Subject Code: 52778 / Institute Optional Course-2: Project Management

AD
F8

3C
61

BD

C
A6
4F

FB

B9

D9
CC

DF
E3

F8

61

6A
93
1C

4F

CB
B

FA
1B
F
12

3C
Q4. (a) A small project is composed of 8 activities, whose time estimates are listed below.

BD
F

6
8B

1C

4F

FB

CC
1B
83

12

E3
Activity Predecessor to tm tp

D
F

6
9C

93
8B

B
B
21

34

CC
1B
F
AD

F8
8

E
A - 3 6 9

B6
C

93
8B
A6

4F
D9

B
8F
B - 5 7 8

3
F

61
C8
6A

B1

CE
BD

F
C A 6 9 12

4F

FB
9
FA

38

21
C

1B
D

F8
D A 6 12 15

3C

C8
6A

E
BD

B6
8B

4F
B9

D9
A
E B 9 12 18

21
C

8F
83

E3
F
3C
61

6A

B1
BD
F B 12 18 24

FF
C

1C
FB

B9

D9
FA

34
CC
G C, D, E 6 9 12

83

2
F8

61

6A

B1

CE
D

9C
3
H C 3 6 9

4F
F

CB
FB

FA

38

21
34

AD

E3
i) Draw the project network diagram. Find the critical path and expected project duration.
F8

8
61

B1
CE

BD

9C
3

A6

1C
4F

FB

B9

38
21

CC

AD
ii) If the due date is 30 days. What is the probability that the project will be completed

12
F
E3

F8

C8
61
B1

BD

8B
93

A6
1C

4F

FB

D9
38

within the due date?

CC
1B

83
12

DF
E3

8
C8

6A
FF

9C
B6

3
8B

1C

CB
iii) Find the probability of completing project between 26 to 31 days. [10M]

B9
D9

FA
4

AD
F
83

12

3C
61
6A

CE

BD
F
9C

8B

A6
F

FB

B9
FA

21

34

CC
AD

83

Q4. (b) What are the non-numeric models of project selection? Expalin in brief. [5M]

DF
F8

61
B1

CE
BD

9C

93
A6

4F

CB
FB
38

Q4. (c) Explain importance of ethics in projects. [5M]

CC

1B
AD

12

E3
DF

3C
C8

FF

B6
8B
93

A6

C
CB

B9
D9

34
1B

8F
83

2
DF
3C

61
6A

CE

FF
9C
B6

8B

Q5. (a) How communication is planned and managed in project management ? [10M]
CB

FB
B9

FA

21

34
AD
8F

83

F8
3C
61

B1

CE
BD
FF

Q5. (b) What is life cycle of a project audit ? what are responsibilities of project auditor ?
C
A6

4F
FB

B9

1
34

CC

AD

83

12

E3
DF
F8

61

What is essential for successful project audit? [10M]

CE

8B
93

A6

1C
4F

CB
FB

D9
21

1B

83

12
DF
E3

F8

3C

9C
B6

8B
A6
1C

4F

CB
B9

Q6. (a) What are four stages of team development and growth? What are the barriers to team
D
F

83
12

F
E3

F8

3C
61

A
D

9C
8B

A6
1C

4F

CB
FB

B9

effectiveness? [10M]
AD
83

F
E3

F8

3C
61
B1

BD
9C

A6
1C

Q6. (b) List and briefly describe the ways project may be terminated. What are some non-technical
4F

FB

B9
38

CC
2

DF
E3

F8

61
C8

B1

reasons for project termination? [10M]

93
1C

4F

CB
FB
D9

38

1B
12

E3

F8

3C
C8
6A

6
8B

1C

4F

FB

B9
D9
A

83

12

E3
DF

----------------
F8

61
6A

9C

8B

1C

4F

FB
A

AD

83

12

E3
DF

F8
9C

8B
6

1C

4F
CB

FA

AD

83

E3
3C

B1
BD

9C
6

1C
B9

FA

38
CC

AD

2
C8

B1
BD
93

A6

D9

38
CC
1B

DF

C8
6A
B6

93

CB

29975
D9

Page 2 of 2
FA
1B
8F

3C

6A
BD
FF

B6

B9

FA
CC
F
F8

61

BD
93

21CE34FF8FB61B93CCBDFA6AD9C838B1
4F

FB
 Paper / subject code: 52684/
Institute optionar course-2: project
Management
$e ,*- ..,, ,', ,i_i,,_rz- rlj"_ ',
_-i,rr i ,r,,
f._/ ,, i,7l
:,r_ i ,,._, i! i= j_r.-:,_r,
r

,i
Time: 3-hour
Max. Marks: go
N'B : (l) Question No, I is compulsory. /)) ujtr
(2) Attempt any three qu.riion, - * *: |o t-rj
.t,,'-1,:".
'*-'-)--

(3)
out of
All questions carry equal ,u.t r."- the
..." remaining five.
(4) Assume suitable Ou,r,
iir.qrlr.O, una
-- state it clearly.
(5) Notations carry the
usual *.*irg.
Q 1. Alswer the folloiving

a) What are the

them in
b) Why
c) Explain
d) What i
e,)

0 are the

Q2. (,a

project be

Cash
Flows Project A Project B Projecr C
_(Year) tD

2 10,00.000 I 3 00
-:,
J, 5
i. 6.
T - 000
5 4 000
a,

I _l 1,00,000-
6% 9Yo,, 1 <O/
i"
;.;.
L J /O 110,/
1L /O
t...
*.r
i,
't

risk, and influence of

of the project? tl0MI

Q3' tt'"Il"':e the responsibilities of

the proje* audiror? what is
essentiar for a successfi:l
project Audit?
IlOlvu
Q3 (b) Expliin probability
and impact matrix. what
are the risk response
strategies for
negarive risks (threats)
and positive risks (opporrunities)?
yvr rur'rusrr r
[l0M]

43022 page I of2

6 528D9 4227 4985 85 ECD-56 I

86454 I 462F
Q4. <.
Normal Man ower Requrred
ActivitY l:,."
_t-.,
4
0-1 t:,.1-'

J ,,,'"
t-z i{
',.. ]

-it'':'
1-3 .'1.-,
-
...i- '
.A
L-+
3
3-5
4
3-6
3
4-7

6-8
2
7 t" 9
8,9

:t. '

t.

,,
4302 Page 2 ofl

6528D9 4227 4985 8 5ECD56 1 864.5A 1 462F

 40

A0
5C
0

5
73

5C
Paper / Subject Code: 52756 / Institute Level Optional Course-II - Project Management

61

2F

E1
75

01
07

40

5C

C5
5B

1A
73

61

2F

15
DC

75

CE
07

40

A0
5B
78

73

5
61

2F

E1
C
7D

5
(3 Hours) (80 marks)

7
7
8D

40

5C
0
B
D6

73

61
5
7

F
C
7D

75
C5

CE
02
07
N.B.: (1) Q. No. 1 is compulsory

14
6
15

78

F5
D

C5
(2) Answer any THREE questions from the remaining questions.

76
A0

75
5

02
8D
C
(3) Figures to the right indicate full marks.

30
5B
E1

4
D6
15

61
D7

7
(4) Illustrate answers with neat sketches where ever required.

DC
A0
5C

5
C5

07
7
7

B
2F

E1

D6
5

73

1
C5
01

7
1. Write short note on. (Any Four) 20

40

6
C

75
5

7
A

D
5C
5

67
61

30
(a) Triple constraints

5B
2F

E1

78
D
1
07

57
40

DC
0
(b) Work Breakdown structure (WBS)

5C

7D
C5
1A
73

B7
61

6
(c) Scope creep

15

78
75

CE
02

5D

C5
07

7D
(d) GANTT chart
5B

14

1A
3

8D
5C
F5
7

B
D6
76
(e) Goldratt's critical chain
DC

E
2

C5
1

D7
7

A0
5C
0

5
5B

(f) Lessons learned analysis

4
78

73

8D
5C

67
1

2F

E1
6
C
7D

5D
1

D7
07
7
D

40

A0
5C
B
D6

78

2. (a) Describe PM knowledge areas as per Project Management Institute (PMI) 10

3

5C

67
61
C5

57

2F

E1
7D
C5

5D
in brief.

01
7

.in
7
8D

40

C
30
B
6
15

1A

5C
F5
(b) Explain process for Project portfolio and Project Charter. 10

61
5D

5
7

7
DC
A0

CE
02

01
07
B7
5C

7
E1

4
D6

1A
8

73

F5
3. (a) The time estimates in weeks for the activities of a PERT network are given 10

61
C5
01

7
5C

7D

5
C5

CE
02
es
07
1A

7
8D

in Table below: 5B
2F

14
D6
5

73

F5
CE

01

D7

Activity Optimistic time Most likely time Pessimistic time

40

6
DC

75
5

02
7
A

C
F5

67

(to) (tm) (tp)

61

30
5B
E1

14
5

78
02

5D
1
07

57

76
DC
ot
0

A-B 1 1 7
5C

D
14

1A
73

B7
5C

30
2F

D6

78
76

A-C 2 5 8
75

CE

5
01

57
40

DC
7D
30

C5
5B

1A

B7
5

A-D 2 2 8
61
57

2F

6
un
15

78
DC

5D

C5
07
B7

0
C

C-E 3 6 15
4

A
78

73

8D
C
5

67
61
C5

2F

E1

5
7D

75

D-E 1 4 7
5D
1

D7
07
8D

40

0
C
5B
D6

1A
73

5C
F5

67
61

E-F 2 5 14
D7

m
DC

75

E
2

5D
01
7

40
67

5C
30
5B

B-F 2 5 8
1A
78

5C
61
D

2F
DC
7D

5
C5

CE

01

(i) Draw the network diagram.

07
B7

0
14
D6
15

1A
78

F5

(ii) Calculate the earliest start (ES) and latest start (LS) for all the
C5

57

6
A0

7D
C5

CE
2
7

activities.
7
8D

40
30
5B
D6
15

F5
61

(iii) Determine the project completion time.

D7

7
DC
A0

75
C5

02
07

(iv) Calculate the standard deviation and variance of the project.

67

B
1

14
15

73
CE

5D

C5
D7

(b) Explicate the Top down and bottoms up budgeting approach for a large 10
76
A0

5
B7
8D
5C
F5

67

project.
30
1
CE
02

5D

5
01

D7

57
DC
A

B7
5C
F5

67
E1

78
02

5D

C5
01
5C

7D
14

8D
5C
2F

E1

D6
76

01

D7
40

5C
30

C5
A

67
61
57

2F

E1

15

5D
07

40

A0
5C
73

5C
61

2F

E1
75

01
07

40

5C
5B

1A
73

61

14381 Page 1 of 2
2F
DC

75

CE
07

40
5B
78

73

F5
61
DC

75

02
07
5B

7D78DC5B75730761402F5CE1A015C5D6
14
78

73
 40

A0
5C
0

5
73

5C
Paper / Subject Code: 52756 / Institute Level Optional Course-II - Project Management

61

2F

E1
75

01
07

40

5C

C5
5B

1A
73

61

2F

15
DC

75

CE
07

40

A0
5B
78

73

5
61

2F

E1
C
7D

5
4. (a) Tabulate with example, the Risk response strategies for positive and 10

7
7
8D

40

5C
0
B
D6

73
negative risks in project management.

61
5
7

F
C
7D

75
C5

CE
02
07
(b) The total normal direct cost of a project is Rs 450 and its indirect cost is 10

14
6
15

78

F5
D

C5
Rs 400. By crashing the activities, the indirect cost decreases by Rs 50 per

76
A0

75
5

02
8D
C
day. The normal and crash costs with time are given in Table and the

30
5B
E1

4
D6
15

61
D7

7
network diagram in Figure given below. Find the optimum project

DC
A0
5C

5
C5

07
7
7
duration.

B
2F

E1

D6
5

73

1
C5
01

7
40

6
C

75
5

7
A

D
5C
5

67
61

30
5B
2F

E1

78
D
1
07

57
40

DC
0
5C

7D
C5
1A
73

B7
61

6
15

78
75

CE
02

5D

C5
07

7D
5B

14

1A
3

8D
5C
F5
7

B
D6
76
DC

E
2

C5
1

D7
7

A0
5C
0

5
5B

4
78

73

8D
5C

67
1

2F

E1
6
C
7D

5D
1

D7
07
7
D

40

A0
5C
B
D6

78

5C

67
61
C5

57

2F

E1
7D
C5

5D
01
7

.in
7
8D

40

C
30
Activity Normal Crash
B
6
15

1A

5C
F5
61
5D

5
7

7
Time Cost Time Cost
DC
A0

CE
02

01
07
B7
5C

A 3 50 2 70
E1

4
D6

1A
8

73

F5
61
C5
01

7
5C

7D

5
C5

B 6 80 4 160

CE
02
es
07
1A

7
8D

5B
2F

14
D6
5

73
C 10 60 9 90

F5
CE

01

D7
40

6
DC

75
5

02
7
D 11 50 7 150
A

C
F5

67
61

30
5B
E1

14
5

78

E 8 100 6 160
02

5D
1
07

57

76
DC
ot
0
5C

D
14

1A
73

B7
5C

F 5 40 4 70
7

30
2F

D6

78
76
75

CE

5
01

57
G 6 70 6 70
40

DC
7D
30

C5
5B

1A

B7
5
61
57

2F

6
un
15

78
DC

5D

C5
07
B7

0
C

D
4

A
78

73

8D
C
5

67
61
C5

2F

E1

5
7D

75

5. (a) Explicate Earned Value Management techniques for measuring value of 10

5D
1

D7
07
8D

40

0
C
5B
D6

1A

work completed in the concerned project.

73

5C
F5

67
61
D7

m
DC

How ethics in projects are looked upon for successful government’s

75

E
2

5D

(b) 10
01
7

40
67

5C
30
5B

1A
78

5C

project completion? Illustrate with suitable example.

61
D

2F
DC
7D

5
C5

CE

01
07

6. (a) What are the four stages for team development and growth? Enlist the 10
B7

0
14
D6
15

1A
78

F5

barriers for effective team management.

C5

57

6
A0

7D
C5

CE
2
7
7
8D

(b) Discuss the reasons of project termination. Describe Process of project 10

40
30
5B
D6
15

F5
61
D7

termination.
7
DC
A0

75
C5

02
07
67

B
1

14
15

73
CE

5D

C5
D7

-----------------------------
76
A0

5
B7
8D
5C
F5

67

30
1
CE
02

5D

5
01

D7

57
DC
A

B7
5C
F5

67
E1

78
02

5D

C5
01
5C

7D
14

8D
5C
2F

E1

D6
76

01

D7
40

5C
30

C5
A

67
61
57

2F

E1

15

5D
07

40

A0
5C
73

5C
61

2F

E1
75

01
07

40

5C
5B

1A
73

61

14381 Page 2 of 2
2F
DC

75

CE
07

40
5B
78

73

F5
61
DC

75

02
07
5B

7D78DC5B75730761402F5CE1A015C5D6
14
78

73
 B
FC C1F 13F F4B 2A 267 7CB B6C C11 E91 133
1F 13F 4B 2A 26 CB 6C 11 E91 33 27F
1
1F 3F 4B 2A 26 7CB 6C 11 E91 33 27F 39
7 E 2 8
F1 13F 4B2 2A2 267 CB 6C1 11E 913 332 7F3 398 EFC
3 4 B A 6 C 6 C 1 9 3 7 9 E
13 F4B 2A 26 7C B6C 11 E9 133 27 F39 8E FC 1F1
F 2 2 7 B 1 E 1 2 F3 8 F 1F 3
F4 4B2 A2 67C CB6 6C1 1E9 913 3327 7F3 98E EFC C1F 13F F4B
B A 6 C 1 3 9 1
4B 2A 267 7CB B6C 11 E91 133 27F F39 8EF FC1 1F1 3F4 4B2 2A2
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C
2A 26 7CB 6C 11 E9 133 27F 39 8E FC1 F1 3F4 B2 A2 67C B
7 1 F 6
A2 267 CB 6C 11E E91 332 27F 398 8EF C1F F13 3F4B B2A A26 67C B6 C11
6 C 6 C 1 1 9 3 3 7 F 3 9 E C 1 1 F 2 2 7 B C
26 7C B6C 11 E9 133 27 39 8E FC F1 3F 4B2 A2 67 CB 6C1 11E E91
7 B 1 E 13 2 F3 8 F 1F 3 4B A 6 C 6C 1 9 33
7C CB6 6C1 1E9 913 327 7F3 98E EFC C1F 13F F4B 2A 267 7CB B6C 11E E91 133 27F

7.
6.
2.

5.
4.
3.
1.
Q1.
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E

Option C:
Option B:
Option C:
Option B:
Option C:
Option B:
Option C:
Option B:
Option C:
Option B:
Option C:
Option B:
Option C:
Option B:

Option A:
Option D:
Option A:
Option D:
Option A:
Option D:
Option A:
Option D:
Option A:
Option D:
Option A:
Option D:
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC
91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F Option A:
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67

mean?
C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1

Deliverable
Time: 2 hour 30 minutes

4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E

Work package
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913 m
26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32

two sets of flows.

7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F
Scope, Cost, Time

Bottoms up budget

laddering approach
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E

Responsibility matrix
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC

is likely to be following
Concurrent Engineering

Goldratt's Critical Chain

91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
Cost, Human Resource, Time

98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2
un
Scope, Human Resource, Time

EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67

The payback period for a project

Quality, Scope, Human Resource

C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB

Research and Development Project

They consume maximum resources
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1
4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913
compulsory and carry equal marks

26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32
Which is an example of Triple Constraint?

ot
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F

These are most complex activities on project

They cannot tolerate any delay in completion
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39

discounting them by the required rate of return

The project is behind schedule and over budget

C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E
The project is behind schedule but under budget
The project is ahead of schedule but over budget

1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC

A risk is known as Positive risk or opportunity if-

The project is ahead of schedule and under budget

They represent maximum project completion time

91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F

Impact is positive which you may want to actualize

Impact is negative which you may want to actualize
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
es
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
University of Mumbai
Examinations Summer 2022

Impact is positive which you want to lessen its impact

Impact is negative which you want to lessen its impact
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2

F398EFC1F13F4B2A267CB6C11E913327
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67
C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1
.in
The lowest element in the hierarchical breakdown of the WBS is
4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913
26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
Why does activities on critical path of a CPM network are called critical

C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC
91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4
98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B
C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 2

When many activities are planned to start at the same time in project schedule, the project

is the initial fixed investment in the project divided by the estimated annual net cash
your sponsor has asked for performance reports on a monthly basis. At the end of the first
Choose the correct option for following questions. All the Questions are

is the discounted cash flow method determines the net present value of all cash flows by
You are responsible for a project with high risks particularly during the early phases -

is the internal rate of return that is the discount rate that equates the present values of the
month you report a CPI greater than 1 and also the SPI greater than 1. What would this
Max. Marks: 80

4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2
=====================================================================

1|Page
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67
26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 C
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6
91 32 7F 98 EF C1 13 F4 2A 26 7C B6
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1
27 39 8E C F1 3F B A 67 B C
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11
98 F 1F 13 4B 2A 26 7C 6C 11
EF C1 13 F4 2 2 7C B6 1 E9
C F F B A 6 B C 1
 B
FC C1F 13F F4B 2A 267 7CB B6C C11 E91 133
1F 13F 4B 2A 26 CB 6C 11 E91 33 27F
1
1F 3F 4B 2A 26 7CB 6C 11 E91 33 27F 39
7 E 2 8
F1 13F 4B2 2A2 267 CB 6C1 11E 913 332 7F3 398 EFC
3 4 B A 6 C 6 C 1 9 3 7 9 E
13 F4B 2A 26 7C B6C 11 E9 133 27 F39 8E FC 1F1
F 2 2 7 B 1 E 1 2 F3 8 F 1F 3
F4 4B2 A2 67C CB6 6C1 1E9 913 3327 7F3 98E EFC C1F 13F F4B
B A 6 C 1 3 9 1
4B 2A 267 7CB B6C 11 E91 133 27F F39 8EF FC1 1F1 3F4 4B2 2A2
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C
2A 26 7CB 6C 11 E9 133 27F 39 8E FC1 F1 3F4 B2 A2 67C B
7 1 F 6
A2 267 CB 6C 11E E91 332 27F 398 8EF C1F F13 3F4B B2A A26 67C B6 C11
6 C 6 C 1 1 9 3 3 7 F 3 9 E C 1 1 F 2 2 7 B C
26 7C B6C 11 E9 133 27 39 8E FC F1 3F 4B2 A2 67 CB 6C1 11E E91
7 B 1 E 13 2 F3 8 F 1F 3 4B A 6 C 6C 1 9 33

C
B
C
B
C
B

A
A
A
7C CB6 6C1 1E9 913 327 7F3 98E EFC C1F 13F F4B 2A 267 7CB B6C 11E E91 133 27F

9.
8.

10.

Q4
Q3
Q2
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E

Option C:
Option B:
Option C:
Option B:
Option C:
Option B:

Option D:
Option A:
Option D:
Option A:
Option D:
Option A:
Option D:

1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC

91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67
SPI > 1
CPI > 1

C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB

F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1
4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913

Failed projects
CPI less than 1

Normal closure
m
CPI and SPI > 1

26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F

Abnormal closure
Premature closure

team effectiveness?
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC
91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
inflows from the project.

33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
A project is over budget when

98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2
un
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67
C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1
is also known as the benefit–cost ratio

4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913

technical reasons for project termination?

26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32
ot

Solve any Two Questions out of Three

Solve any Two Questions out of Three
Solve any Two Questions out of Three
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39

risks (threats) and positive risks(opportunities)?

adopted in project management for negotiations

Select the correct statement from the following

C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC
91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
es
There is always only one critical path in the network

27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2
Slack or float of dummy activity is always equal to zero
Crashing cost linearly increases with no of days crashed

98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B A2

F398EFC1F13F4B2A267CB6C11E913327
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B 2A 67

this project in 11 days after carrying out resource levelling?

Project closure when the project is completed as planned is

the status of the project based on your earned value analysis.

C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2A 26 CB
F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A 26 7C 6C
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 26 7C B6 1
.in
4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67C B C1 1E 913
26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67 B 6C1 1E 91 32

project? What are types of project audits based on the depth of audit?
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 CB 6C 1E 91 33 7F
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB 6C 11 91 33 27F 39
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB 6C 11 E9 33 27F 39 8E
A path is called a critical path if it is the longest path in a project network

1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6C 11 E9 133 27 39 8E FC

Differentiate between the Functional, Pure Project and Matrix organizations.

91 32 7F 98 EF C1 13 F4 2A 26 7C B6 1 E9 13 27 F3 8E FC 1F
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1 1E 13 32 F3 98 FC 1F 13
27 39 8E C F1 3F B A 67 B C 1E 91 32 7F 98 EF 1 13 F4
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11 91 33 7F 39 EF C1 F1 F4
List and briefly describe the ways projects may be terminated. What are some non-

98 F 1F 13 4B 2A 26 7C 6C 11 E9 33 27 39 8E C F1 3F B
EF C1 13 F4 2 2 7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B
What is crashing of the project? Explain with a small example the process of crashing

C1 F1 F4 B2 A2 67C B6 C1 1E 13 32 F3 98E FC 1F 13F 4B 2

F1 3F B2 A2 67 B C1 1E 913 32 7F3 98 FC 1F 13 4B 2A
Explain Probability and impact matrix. What are the risk response strategies for negative

What does project audit tries to find out? How do project audit recommendations help the
3F 4B A 67 CB 6C 1E 91 32 7F 98 EF 1 13 F4 2A 2

10 marks each
10 marks each
10 marks each

cost and schedule variances for the project? What is the SPI, CPI and CSI? Comment on
Draw resource loading diagram for the following project. Adjusting the activity floats, and

spent Rs.260,000/-. For the work performed the budgeted value is Rs. 272,000/-. What are
level the resources to the best possible loading. How many men are required to complete

Why negotiations are important in Project Management? Why Win-Win strategy is

Explain stages of team development and growth? What are advantages of and barriers to

A project in its 26th week has an actual cost of Rs.270,000/-. It was scheduled to have
4B 2A 267 CB 6C 11 91 33 7F 39 EF C1 F1 F4 B2 2

2|Page
2A 26 CB 6C 11 E9 33 27F 39 8E C1 F1 3F4 B2 A2 67
26 7C 6C 11 E9 133 27 39 8E FC F1 3F B2 A2 67
7C B6 1 E9 13 27 F3 8E FC 1F 3F 4B A 67 C
B6 C1 1E 13 327 F3 98E FC 1F 13F 4B 2A 267 CB
C1 1E 913 32 F3 98 FC 1F 13 4B 2A 26 CB
1E 913 32 7F3 98 EF 1F 13 F4B 2A 26 7C 6
91 32 7F 98 EF C1 13 F4 2A 26 7C B6
33 7F 39 EF C1 F1 F4 B2 2 7C B6 C1
27 39 8E C F1 3F B A 67 B C
F3 8E FC 1F 3F 4B 2A 26 CB 6C 11
98 F 1F 13 4B 2A 26 7C 6C 11
EF C1 13 F4 2 2 7C B6 1 E9
C F F B A 6 B C 1