SMU MBA SEM 3 PM FALL 2015 ASSIGNMENTS

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SMU MBA SEM 3 PM FALL 2015 ASSIGNMENTS

PM 0010 – INTRODUCTION TO PROJECT MANAGEMENT

1 What are phases of project lifecycle? List the advantages of project management.

2 Write short notes on:

Ø  Project development

Ø  Project organisation

Ø  Factors affecting collection of market-related information

Ø  Term loans as a means of financing projects

3 Explain the concept of Social Cost Benefit Analysis (SBCA)? List the application of SBCA and describe the challenges in SBCA.

4 Discuss the financing of a power project.

5 Explain the types of procurement contracts.

6 What is the purpose of project evaluation? Which the four dimensions of the project explain the purpose of project evaluation?

PM0011 – PROJECT PLANNING AND SCHEDULING

1. Write short note on:

Ø  Project deliverables

Ø  Project Rating Index(PRI)

Ø  Scope change control

Ø  Partnering

2 Budget Estimation of ABC Company Ltd.

ABC Company Ltd., established in 1985, is engaged in the manufacturing of leather accessories. Over the years, the company, which started out as a local firm,has made its mark as an international corporation. However, the company is still working as a traditional set up.

The high quality and durability of products have increased the demand of the products in the market. As the production of the organisation is being increased to meet the demand, the traditional set up is creating hurdles in the production process.

Organisation conflicts have arisen among the team members because of the unorganised hierarchical structure of the company, which is affecting the output of the organisation. Now that the management has decided to expand the business and opened up branches abroad, the company is facing two more problems. The first problem is in budgeting as the company is unfamiliar with international market conditions, strategy, and business policy while the second problem is conflicts at the time of team formation due to lack of experience of and exposure to multinational work culture, which has further affected the output of the company.

The company can estimate the budget through two methods, the bottom - up approach and the top - down approach. The bottom -up approach is generally followed by the MNCs as it is more accurate and reliable.

Mr.Parag has been appointed as the country head of the company and he has also been assigned the responsibility of incorporating the advanced project set up in the organisation.

Questions:

1. Which project estimation approach should be used by the company and why?

2. What type of project organisation structure should be used by the company and why?

3 What is the importance of operational feasibility? Explain the factors that affect operational feasibility.

4 Write short notes on

Ø  Monte Carlo analysis

Ø  Work break down structure

Ø  Resource loading

Ø  Definitive estimate (a method to estimate cost of a project)

5 What do you understand by cost of quality? Elaborate on various types of costs of quality associated with a project.

6 Explain some of ISO standards that should be considered by the project manager during project execution. List the advantages of project management software.

PM 0012 – PROJECT FINANCE AND BUDGETING

1 Write short notes on:

Ø  Key project resources

Ø  Three main requirements of funding a project through project finance

Ø  Medium term financing for projects

Ø  Bottom up estimation for creating project budget

2 What is off take contract? Explain the various types of off take contracts.

3 Explain the different key project documents.

4 Write short notes on:

Ø  Project parties in a construction project

Ø  Types of working capital

Ø  Project cash flows

Ø  Payback period method used to evaluate an investment on a project

5 What are the problems associated with BOOT projects.

6 Explain the different types of management contracts (a type of PPP) .

PM 0013 – MANAGING HUMAN RESOURCES IN PROJECTS

1 Write short notes on:

Ø  Characteristics of a project

Ø  Objectives of human resource management

Ø  Project team members

Ø  Need for a project team

2 Explain the various conflict resolution techniques.

3 Write short notes on  Skills required by a project manager  Delphi technique of estimating manpower requirements of projects  Importance of leadership in project management  Goal setting theory

4 Explain the modern methods of performance management?

5 Explain various types of collective bargaining.

6 Discuss the concept of issue logs.