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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
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Assignment
DRIVE FALL 2015
PROGRAM MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDPMN(SEM 2)
SUBJECT CODE & NAME PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
BK ID B2011
CREDIT AND MARKS 4 CREDITS AND 60 MARKS
1 Write short noteson:
(a)Kano model
Answer: The Kano model is a theory of product development and customer satisfaction developedin the
1980s byProfessorNoriaki Kano,whichclassifiescustomerpreferencesintofivecategories.
Categories
These categories have been translated into English using various names (delighters/exciters, satisfiers,
dissatisfiers,etc.),butall refertothe
(b)Differencesbetweenasponsor’sviewand project’s viewin a project balance sheet:
 Individual or entity that organizes and is committed to the development of a product, program,
or project.
 Advertiser who pays (in part or in full) the cost of broadcasting a radio or television program, by
runningcommercialsduringthe program'sbroadcast.
.Donorfirmthat
(c)Triangular distribution: The triangular distribution is a continuous probability distribution with lower
limita,upperlimitband mode c, where a< b and a ≤ c ≤ b.

2.  Use of the distribution: The triangular distributionis typically used as a subjective description of
a populationforwhich
(d)Organisational break down structure: An Organisational Breakdown Structure, OBS, compliments the
Work Breakdown Structure and Resource Breakdown Structure for your project. Its main intent is to
communicate how those tasked with delivering the project will be organised and structured as a Project
Team. It's without a doubt the simplest of the three structures in terms of understanding, yet performs
a great role in
2 Discuss capitalsbudgetingin project management.
Answer: Capital budgeting, or investment appraisal, is the planning process used to determine whether
an organization's long term investments such as new machinery, replacement machinery, new plants,
new products, and research development projects are worth the funding of cash through the firm's
capitalizationstructure (debt,equityor
3 Write short noteson:
(a)Rolling wave planning: Rolling Wave Planning is the process of project planning in waves as the
project proceeds and later details become clearer. Work to be done in the near term is based on high
level assumptions; also, high level milestones are set. As the project progresses, the risks, assumptions,
and milestones originally identified become more defined and reliable. One would use Rolling Wave
Planninginaninstance where there isan
(b)Time centric earned value: Time centric earned value systems are a substitute for cost-centric
systems when the cost collection measures are not available but there is a need to focus on value
accumulation.
 Earned value: Earned value tools help the project manager measure and assess accumulation of
value all waythroughthe project
4 Describe the various cost incurredin a project.Describe the applicationsof three - point estimates.
Answer:There are five typesof costsina typical project:
 Fixed
 Variable

3.  Direct
 Indirect
 Sunk
5 Explainthe sixsigma methodologies.
Answer: Six Sigma is a methodology that provides businesses with the tools to improve the capability of
their business processes. This increase in performance and decrease in process variation leads to defect
reductionandvastimprovementinprofits,employee moraleandqualityof product.
The goal of SixSigma is to eliminate variability,defectsandwaste that undermine customerloyalty.
Six Sigma simply means a measure of quality that strives for near perfection. Six Sigma is a disciplined,
data-driven approach and methodology for eliminating defects (driving towards six standard deviations
betweenthe meanandthe nearest
6. Discussthe time and materialscontract.
Solve the followingproblem
Considera time and materialscontract as follows:
Labour isbilledaccording to the followingschedule
1 software engineer:$45/hr
1 tester:$ 45/hr
1 seniorsoftware engineer:$65/hr
Material isbilledaccording to the followingschedule:
Cost of materials+ 30 % profit/overhead
Actual cost of the material is$2140
Calculate the material cost, calculate the contract payable
Answer:
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or
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