Project Management Nov 2022 Question Paper PDF

Summary

This is a project management exam paper from November 2022 for B.E. students of the Charutar Vidya Mandal University. The paper covers various project management topics. The questions are on project concepts, project planning, budgeting, and cost estimation.

Full Transcript

## THE CHARUTAR VIDYA MANDAL UNIVERSITY ### B.E.- SEMESTER 5 ### NOVEMBER 2022 (REGULAR) EXAMINATION **Course Title:** PROJECT MANAGEMENT **Course Code:** 102090522 **Total Printed Pages:** 04 **Date:** 25/11/2022 **Time:** 10.00 am to 12.30 pm **Maximum Marks:** 60 **Instructions:** - Attempt all...

## THE CHARUTAR VIDYA MANDAL UNIVERSITY ### B.E.- SEMESTER 5 ### NOVEMBER 2022 (REGULAR) EXAMINATION **Course Title:** PROJECT MANAGEMENT **Course Code:** 102090522 **Total Printed Pages:** 04 **Date:** 25/11/2022 **Time:** 10.00 am to 12.30 pm **Maximum Marks:** 60 **Instructions:** - Attempt all questions. - Numbers to the right indicate full marks for each question. - Make suitable assumption if required, do specify the same. ### Q: 1 **(A) Answer the Following. (Each question carries one marks).** **(i)** The path on the network diagram which consumes the maximum amount of time is called as - A. Non Critical Path - B. Critical Path - C. Crashed Path - D. Ultimate Path **(ii)** Which out of the following is the first phase of Project Management? - A. Planning - B. Execution - C. Closure - D. Initiation **(iii)** Activities D, E, and F are the immediate successors for B activity. If the latest start time for the three activities are 15, 19, and 14, then what will be the latest finish time for B? - A. 15 - B. 19 - C. 14 - D. 16 **(iv)** The part of the total float which causes a reduction in the float of the successor activities is - A. Interfering float - B. Free Float - C. Independent Float - D. Dummy Float **(v)** PERT stands for - A. Programme Execution Review Technique - B. Plan Evaluation Review Technique - C. Program Evaluation Review Technique - D. Plan Execution Result Technique **(vi)** Expenses of power consumption for running various equipment is the example of - A. Fixed Cost - B. Variable Cost - C. Direct Material Cost - D. Indirect Labour Cost **(vii)** Salary of a peon working in the office of Project Manager is the example of - A. Direct labour cost - B. Indirect material cost - C. Direct material cost - D. Indirect labour cost **(viii)** Cost uncertainty is generally maximum when the - A. project is in the final stage - B. project is in the initial stage - C. project is half way. - D. All of the above **(ix)** In which type of budgeting WBS is given more importance? - A. Top Down - B. Bottom Up - C. Parametric - D. Analogous **(x)** In the process of estimation of the cost of a project, if the costs are underestimated then - A. the project will be unprofitable - B. the project will be profitable - C. the project will earn no loss, no profit. - D. the project will be lost to a competitor. ### Q: 2 **(A) Define the following terms:** 1. Project 2. Project Management 3. Project Stakeholders 4. Matrix Organization Structure **(B)** What is a Project charter? Explain its significance and the contents of a Project Charter. ### Q: 3 **(A)** What do you understand by WBS? State the types of WBS and explain any one of them with the help of an example. **(B)** What do you mean by expediting a project? Explain different ways with which a project can be expedited? **OR** **(B)** Explain the key elements of effective Project Planning. ### Q: 4 **(A)** 'Functional organization structure is preferred over the projectized organization structure in case of a company which keeps dealing with multiple long duration projects' Evaluate the statement and justify your answer. **(B)** For a project with following details draw the network diagram, state all the probable paths, and determine the critical path and the project completion duration. | Activity Nodes | Activity | Duration in weeks | |---|---|---| | 1-2 | A | 3 | | 1-3 | B | 4 | | 1-4 | C | 6 | | 3-4 | D | 3 | | 2-5 | E | 5 | | 2-6 | F | 1 | | 3-6 | G | 4 | | 4-6 | H | 5 | | 5-7 | I | 3 | | 6-7 | J | 6 | | 6-8 | K | 3 | | 7-8 | L | 9 | **OR** **(B)** For a project with following details draw the network diagram, state all the probable paths, and determine the critical path and the project completion duration. | Activity | Immediate Predecessor | Duration in weeks | |---|---|---| | A | - | 4 | | B | - | 2 | | C | - | 1 | | D | A | 4 | | E | B | 5 | | F | B | 6 | | G | B,C | 2 | | H | D | 1 | | I | E,F,G | 4 | | J | H,I | 7 | ### Q: 5 **(A)** State various types of budgeting methods and explain any one of them in detail. **(B)** Following are the details of a project: | Activity | Immediate Predecessor | Optimistic time | Most likely time | Pessimistic time | |---|---|---|---|---| | A | - | 12 | 15 | 18 | | B | - | 3 | 2 | 7 | | C | A | 4 | 4 | 4 | | D | B | 3 | 3 | 9 | | E | C,D | 1 | 2 | 3 | | F | C,D | 1 | 5 | 9 | | G | B | 6 | 8 | 16 | | H | F,G | 2 | 5 | 8 | | I | E,H | 6 | 7 | 14 | 1. Draw the network diagram. 2. Find the expected duration and variance of each activity. 3. Find the critical path and project completion time. 4. What is the probability of project completion in 39 days? **OR** **(B)** Following are the details of a project. The cost of completing all the activities in normal time is Rs.7,00,000. The overhead cost per day is Rs.7000. | Activity Nodes | Activity | Normal Duration (days) | Shortest Duration (days) | Crash Cost/day (Rs.) | |---|---|---|---|---| | 1-2 | A | 5 | 4 | 10000 | | 1-3 | B | 2 | 2 | 2000 | | 1-4 | C | 3 | 2 | 2000 | | 2-5 | D | 4 | 3 | 12000 | | 3-5 | E | 6 | 5 | 4000 | | 4-5 | F | 1 | 1 | - | | 5-6 | G | 8 | 8 | - | | 6-7 | H | 4 | 3 | 5000 | 1. Draw the network diagram. 2. Determine the normal duration and minimum duration of the project. 3. Calculate the total cost for normal duration and total cost for minimum duration. ### Q: 6 **(A)** What is the significance of monitoring a project? What aspects of project are to be monitored? **(B)** A project consisting various activities, each of which requires either, or both resources X and Y for its performance. The duration of the activities and their resource requirements are as under: | Activity | Duration (days) | Resource Requirement | |---|---|---| | | | X | Y | | 1-2 | 3 | 3 | 2 | | 1-3 | 2 | 6 | - | | 1-4 | 6 | 4 | 4 | | 2-6 | 4 | 2 | - | | 3-5 | 2 | 2 | 2 | | 4-5 | 1 | 4 | - | | 5-7 | 3 | 3 | 2 | | 6-7 | 2 | 1 | 3 | Resource availability: X = 7 units and Y = 5 units. Draw the Network Diagram and determine the duration of the project under the given resource constraint. If the resources were not a problem how long would the project take to complete in the normal condition? **OR** **(B)** 1. Differentiate between Authority and Influence. 2. Explain the functions of a Project Manager. | **Table for Area under the Standard Normal Distribution Curve** | |---|---| | **0.0** | 0.00 | 0.01 | 0.02 | 0.03 | 0.04 | 0.05 | 0.06 | 0.07 | 0.08 | 0.09 | | **0.1** | 0.5000 | 0.5040 | 0.5080 | 0.5120 | 0.5160 | 0.5199 | 0.5239 | 0.5279 | 0.5319 | 0.5359 | | **0.2** | 0.5398 | 0.5438 | 0.5478 | 0.5517 | 0.5557 | 0.5596 | 0.5636 | 0.5675 | 0.5714 | 0.5753 | | **0.3** | 0.5793 | 0.5832 | 0.5871 | 0.5910 | 0.5948 | 0.5987 | 0.6026 | 0.6064 | 0.6103 | 0.6141 | | **0.4** | 0.6179 | 0.6217 | 0.6255 | 0.6293 | 0.6331 | 0.6368 | 0.6405 | 0.6443 | 0.6480 | 0.6517 | | **0.5** | 0.6554 | 0.6591 | 0.6628 | 0.6664 | 0.6700 | 0.6736 | 0.6772 | 0.6808 | 0.6844 | 0.6879 | | **0.6** | 0.6915 | 0.6950 | 0.6985 | 0.7019 | 0.7054 | 0.7088 | 0.7123 | 0.7157 | 0.7190 | 0.7224 | | **0.7** | 0.7257 | 0.7281 | 0.7324 | 0.7357 | 0.7389 | 0.7422 | 0.7454 | 0.7486 | 0.7517 | 0.7549 | | **0.8** | 0.7580 | 0.7611 | 0.7642 | 0.7673 | 0.7704 | 0.7734 | 0.7764 | 0.7794 | 0.7823 | 0.7852 | | **0.9** | 0.7881 | 0.7910 | 0.7939 | 0.7967 | 0.7995 | 0.8023 | 0.8051 | 0.8078 | 0.8106 | 0.8133 | | **1.0** | 0.8169 | 0.8186 | 0.8212 | 0.8238 | 0.8264 | 0.8289 | 0.8315 | 0.8340 | 0.8365 | 0.8389 | | **1.1** | 0.8413 | 0.8438 | 0.8461 | 0.8485 | 0.8508 | 0.8531 | 0.8554 | 0.8577 | 0.8599 | 0.8621 | | **1.2** | 0.8643 | 0.8665 | 0.8686 | 0.8708 | 0.8729 | 0.8749 | 0.8770 | 0.8790 | 0.8810 | 0.8830 | | **1.3** | 0.8849 | 0.8869 | 0.8888 | 0.8907 | 0.8925 | 0.8944 | 0.8962 | 0.8980 | 0.8997 | 0.9015 | | **1.4** | 0.9032 | 0.9049 | 0.9066 | 0.9082 | 0.9099 | 0.9115 | 0.9131 | 0.9147 | 0.9162 | 0.9177 | | **1.5** | 0.9192 | 0.9207 | 0.9222 | 0.9236 | 0.9251 | 0.9265 | 0.9279 | 0.9292 | 0.9306 | 0.9319 | | **1.6** | 0.9332 | 0.9345 | 0.9357 | 0.9370 | 0.9382 | 0.9394 | 0.9406 | 0.9418 | 0.9429 | 0.9441 |

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