SMU MBA SEM 4 PM FALL 2015 ASSIGNMENTS

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SMU MBA SEM 4 PM FALL 2015 ASSIGNMENTS

PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT

1 Write short notes on:

Ø  Kano model

Ø  Differences between a sponsor’s view and project’s view in a project balance sheet

Ø  Triangular distribution

Ø  Organisational break down structure

2 Discuss capitals budgeting in project management.

Describe use of capital budgeting to an organisation in terms of undertaking multiple projects

Explain the importance of capital budgeting in project selection

Discuss the aspects of capital budgeting that an organisation should consider while selecting a project.

3 Write short notes on:

Ø  Rolling wave planning

Ø  Time centric earned value

4 Describe the various cost incurred in a project. Describe the applications of three - point estimates.

Discuss the THREE types of costs incurred in a project

Discuss the applications of three - point estimates.

5 Explain the six sigma methodologies.

Discuss the 2 six sigma project methodologies

Compare the 2 six sigma project methodologies

6Discuss the time and materials contract.

Solve the following problem

Consider a the time and materials contract as follows:

Labour is billed according to the following schedule

1 software engineer : $45/hr

1 tester: $ 45/hr

1 senior software engineer: $65/hr

Material is billed according to the following schedule:

Cost of materials + 30 % profit/overhead

Actual cost of the material is $2140

Calculate the material cost, calculate the contract payable

Describe the time and materials contract

Calculation of material cost

Calculation of contract payable

PM 0016 –PROJECT RISK MANAGEMENT

1 Describe the various type of project risks.

Discuss the FIVE types of project risks

2 Explain the different types of probability distributions in risk analysis.

Discuss the different types of probability distributions used in risk analysis

Discuss how the probability distribution may be interpreted with respect to risk analysis

3 How is the impact of a qualitative risk assessed?

Describe goal of impact assessment , why it is crucial step in qualitative risk analysis

Explain the reason for difficulty in assessing impacts with suitable examples

Describe the approach followed in risk assessment

4 Explain the steps in risk management planning.

List the steps in risk management planning

Discuss the steps involved in risk management planning

5 What are the sources of schedule risk?

List the THREE categories which are the root causes of schedule risks

Explain the sub categories under each category

6 Write short notes on:

Ø  Tools for analysing project constraints

Ø  Project status report

Ø  Types of project audits based on method of conducting the audit

PM 0017 –PROJECT QUALITY MANAGEMENT

1 Write short notes on :

Ø  Plan-Do-Check-Act(PDCA) cycle

Ø  Benefits of quality management to an organisation

Ø  Product quality standards

Ø  Inputs to quality assurance process

2 Explain the process of quality control.

Describe each of the FOUR steps under the process of quality control and list the sub steps under each step

3 Write a note on tree diagram, an advanced quality management tool.

Describe the tree diagram tool

Mention where this tool can be used

Explain steps involving developing a tree diagram

4 Explain the cycle time flowchart tool that can be used to analyse project processes.

Describe cycle time flowchart tool

Explain the steps involved in constructing a cycle time flowchart

5 Discuss the role of training and development in project quality.

Explain the purpose of a training programme in a project organisation

Mention what the organisation should do to improve quality

6 What are the issues in quality control in construction?

List and explain the issues in quality control in construction

PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS

1 Explain the essential elements of a project contract.

Discuss the TEN essential elements of a project contract

2 Explain the steps involved in the contract closure process.

Explain the EIGHT steps involved in the contract closure process

3 What is an outsourcing contract? What are its key content?

Explain what is an outsourcing contract

Describe its key contents

4 Discuss the process of procurement.

List the SIX steps of the procurement process

Explain the SIX steps of the procurement process

5 What is contract management? Describe its important features.

Define contract management

List and briefly explain the important features of a good management contract

6 Write short notes on:

Ø  Software development agreements

Ø  Bill of quantities method of pricing project contracts

Ø  Reasons for why an organisation uses standard form of contract

Post bid review