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1. AEREN FOUNDATION’S Maharashtra Govt. Reg. No.: F-11724
SUBJECT : PROJECT MANAGEMENT
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AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL

2. Case Study 1
Q1) Using the payback period, which project is better from a cash flow stand point?
Answer:The project that has
Q2) Why explain in detail?
Answer: The project that has a better cash flow standpoint using the payback period would be the Alpha
project. According to the Payback
Q3) Describe the major components of the strategic management process?
Answer:The strategic management process is more than just a set of rules to follow. It is a philosophical
approach to business. Upper management must think strategically first, then apply that thought to a
process. The strategic management process is
Q4) Explain the role projects play in the strategic management process?
Answer: Because of projects' limited scope and short execution time, senior managers can use them to
analyze operational issues, solve problems and explore new possibilities without disrupting tactical
operations. Strategic management operates on long-term plans and applies information gained from
projects to set the
Case Study 2
Q1) What kind of project management structure would you recommend they use for the KYSO
project?
Answer: A project organization is a structure that facilitates the coordination and implementation of
project activities. Its main reason is to create an

3. Q2) Explain in detail why?
Answer: Project management seems like a classic chicken-and-egg career conundrum: How do you
prove you’re adept at managing projects if you haven’t worked as a project manager? Beyond that, what
does project management really entail, and how is it different from, you know, being a manager? And
what tools do the pros actually use, since there seem to be a new one released every week?
Everybody has projects now. Lots of people have
Q3) What information would you like to have to make this recommenddation?
Answer: The current types of organizational structure of project management are:
 Functional organizational structure
 Project-based organizational
 Q4) Explain in detail why?
Answer: The most important decision in any project is what project to undertake. Project initiation
explains the factors that should be considered to give the best chance of a successful outcome. It also
discusses the life cycle of typical projects and the need for project management. Risks, estimates and
contracts: Before too much money is committed to a project, estimates are needed to determine how
much it will cost, how long it
Case Study 3
Q1) What should you do?
Answer: Go deep in the project and check all the possibilities. Search in detail and go deeper. Project
manager has the responsibility of it so

4. Q2) Explain in detail why?
Answer: Following case will involve ethical dilemmas associated with project management. Identify an
important relationship for example co-worker, boss, friend etc. in which you are having trouble gaining
cooperation. Access this relationship in your
Q3) What is a difference between leading managing project?
Answer: Project management is critical for the success of conveyor and other material handling systems
- it is where a project can succeed or fail. That's why we dedicate significant talent and resources into
developing the finest project management teams possible to help execute your project correctly, on
time, and to your specifications. Our
Q4) Is it important to build a relationship before you need it?
Answer: It's always better to build relationships before you need them or before a conflict arises. If you
already have a good relationship with the grocery store owner in your neighborhood, you will be in a
better position to help solve a dicey conflict between him and some neighborhood teens. If you have
already established a relationship with your school
Case Study 4
Q1) Would you sign the document?
Answer: I would not
Q2) If yes explain in detail why?
Answer: I would not
Q3) If no give reasons and why not?
Answer: I would go to management and ask them about the changes; maybe there is a cost that I don’t
know about. If I find out this
Q4) Why is a trust a function of both character and competence?

5. Answer: Both character and competence are necessary for trust in the context of church leadership and
ministry. By placing these in a matrix, some
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