SMU MBA SEM 4 PM SUMMER 2015 ASSIGNMENTS

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SMU MBA SEM 4 PM SUMMER 2015 ASSIGNMENTS

PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT

1 Explain how Kano model is used by companies to analyse customer needs.

Explain how the Kano model is different from the balanced scorecard model and Treacy-Wiersema model

Describe how the model analyses customer needs based on customer requirements

Describe the different categories of customer preferences in the Kano model

2 a. Explain the concept of expected value.

b. Suppose project A and B are under construction. The possible profit outcomes of project A are USD 1000 (0.4 probability) and USD 300 (0.6 probability). Project B has profit outcomes of USD 900 (0.6 probability) and 200 (0.4 probability). Calculate the expected values of profit to be generated by the two projects.

a. Elucidate the concept of expected value

b. Calculation of expected value

3 Write short notes on:

Project scoping process

Resource assignment matrix

4 Explain the various expense items in a project.

List the various expense items in a project

Describe each expense with suitable examples

5 What are the major steps in time management process? What is rolling wave planning?

Explain the 5 major steps in time management process

Explain rolling wave planning

6 What are the steps that should be followed to construct a “house of quality”?

Explain the 5 steps that should be followed to construct a house of quality

PM 0016 –PROJECT RISK MANAGEMENT

1 Explain the types of project risks.

List and describe the types of project risks

2 What are the four quadrants of the risk probability and impact matrix?

List and explain with suitable examples the four quadrants of the risk probability and impact matrix

3 What are the outputs of a qualitative risk analysis? What are the key inputs used in risk planning?

List and describe the outputs of a qualitative risk analysis

List and describe the key inputs used in risk planning

4 What are the sources of schedule risk?

List and explain the sources of schedule risk along with the description of their sub categories

5 What are the different tools used for analysing project constraints? How does SWOT analysis help in project management?

List and explain the different tools used for analysing project constraints

6 Explain project review

Explain the purpose of project review

Describe Scheduling project review

Mention the objectives of project review

Describe how the review is conducted

PM 0017 –PROJECT QUALITY MANAGEMENT

1 Cost of quality is the amalgamation of several management costs. Which are these costs?

Give the classification of Cost of Quality and explain each cost in brief

2 What is Project Quality Management Plan (PQMP)? Mention its objectives and the areas it covers.

Define PQMP

List the objectives of PQMP

Explain the areas PQMP covers

3 List a few characteristics of a mature project quality control process. What are the functions of quality control?

Write any 7 characteristics of a mature project quality control process

List and describe the 3 key functions of quality control

4 Explain the seven steps of Basili’s GQM process.

List the seven steps of Basili’s GQM process.

Describe the seven steps of Basili’s GQM process.

5 Explain the various tools that can be used for analysing project processes.

List the various tools that can be used for analysing project processes

Describe the various tools that can be used for analysing project processes

6 What major human factors affect project quality?

List the major human factors affect project quality

Describe the major human factors affect project quality

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 Describe 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:

·         Software development agreements

·         Bill of quantities method of pricing project contracts

·         Reasons for why an organisation uses standard form of contract

·         Post bid review