Question Marks
MODULE 1
What is project life cycle? how does cost of change, risk and influence of stakeholders are affected 10
with Project time during the life cycle of project?
Why project manager’s role is more of a facilitator rather than a supervisor? 5
What are the three basic goals of a project and how do project managers achieve them in conditions of 5
uncertainty?
Differentiate between the Functional, Pure Project, and Matrix organizations. 10
MODULE 2
What are the contents of project charter? who prepares and authorizes the project charter? 5
10
(Similar types of sum)
What are the non-numeric models of project selection? Explain in brief. 5
Swanson Industries has a potential 10
project with an initial cost of Rs.
20,00,000.
The capital budget allows to accept only
one project. Using the NPV method,
which
project should be selected?(similar sums)
Explain the significance of IRR method in project selection. 5
MODULE 3
Compare the top-down budgeting and bottom-up budgeting. 5
A consulting project has an actual cost of Rs. 35000, Scheduled cost Rs. 27000, and completed work is 5
Rs. 31000. Find the Scheduled and Cost Variance. Also find SPI and CPI.
A small project is composed of 8 activities, whose time estimates are listed below. (similar sums) 10
i) Draw the project network diagram. Find the critical path and expected project duration. ii) If the due
date is 30 days. What is the probability that the project will be completed within the due date? iii) Find
the probability of completing project between 26 to 31 days.
A consulting project has an actual cost of Rs. 45000, Scheduled cost of Rs. 35000, and the value of 5
completed work is Rs. 31000. Find the Scheduled and Cost Variance. Also, find SPI and CPI.
State various project estimation and scheduling techniques. 5
Following are the manpower requirements for each activity in a project (similar sums) 10
i) Draw the project network diagram.
ii) Rearrange the activity suitably to reduce the existing total manpower requirement.
Explain the work breakdown structure. 5
MODULE 4
What is Goldratt’s critical chain method? 5
Explain the risk breakdown structure. 5
Explain probability and impact matrix. What are the risk response strategies foe negative risks 10
(threats) and positive risks(opportunities).
MODULE 5
What is life cycle of a project audit ? what are responsibilities of project auditor ? What is essential 10
for successful project audit?
How communication is planned and managed in project management ? 10
What are four stages of team development and growth? What are the barriers to team effectiveness? 10
What is a scope creep? How does a formal change control system work in project management? 10
MODULE 6
Explain importance of ethics in projects 10
List and briefly describe the ways project may be terminated. What are some non-technical reasons 10
for project termination?
Briefly describe the purchasing cycle. 5