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Brieflyexplain:
ProjectRating Index(PRI)
Partnering
2 BudgetEstimationofABC CompanyLtd.
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 setup is creatinghurdlesinthe productionprocess.
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
advancedprojectsetup in the organisation.
Questions:
1. Which projectestimationapproachshouldbeusedbythe companyand why?
2. What type ofprojectorganisationstructureshouldbeusedbythe companyandwhy?
1. Argue the pros and cons of each project estimation approach. Recommend the project estimation
approach that best suits the company. List the reasons for your decision by mentioning the data
from the case
2. Describe the existing organisation structure. List the disadvantages of this structure Recommend
the project organisation structure that should be used by the company. Give you reasons for
recommending this structure based on the data given in the case and your knowledge on the FIVE
organizational structures.
3 What is the importance of operational feasibility? Explain the factors that affect
operational feasibility.
Mention the importance of operational feasibility
Discuss the FOURfactors that affectoperational feasibility
4 Write shortnoteson
Monte Carlo analysis
Workbreak downstructure
5 What do you understand by cost of quality? Elaborate on various types of quality costs
associatedwitha project.
[Write the meaning of costof quality
Explain various types of quality costs associated with a project
Write a note on Total quality costs]
6 Explain some of ISO standards that should be considered by the project manager during
projectexecution.Listthe advantagesof projectmanagementsoftware.
Discuss the FOUR ISO standards that should be considered by the project manager during project
execution
List any four advantages of project management software](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
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Smu mba sem 3 pm summer 2015 assignments
- 1. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com GET SOLVED ASSIGNMENTS AT Rs.125 per subject or Rs.700 per semester VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com SMU MBA SEM 3 PM SUMMER 2015 ASSIGNMENTS PM 0010 – INTRODUCTION TO PROJECT MANAGEMENT 1 What are phasesof projectlifecycle? List the advantages of project management. List the FIVE phases of project lifecycleand briefly discuss each phase List the TENadvantages of project management 2 Write shortnoteson: Projectorganisation Termloansas a meansof financingprojects Briefly explain Projectorganisation Term loans as a means of financing projects 3 Explain the concept of Social Cost Benefit Analysis (SBCA)? List the application of SBCA and describethechallengesinSBCA. Explain the importance of SBCA, discuss the social impact of projects List the TWOapplications of SBCA Discuss the FIVE challenges in SBCA 4 Discussthefinancingofa powerproject. Elucidate whichare key project parties in a power project Mention the key points of PPA(PowerPurchaseAgreement) Discuss the 3-tier security payment mechanism 5 Explainthetypes ofprocurementcontracts. List the THREE types of procurement contracts Discuss the THREE types of procurement contracts 6 What is the purpose of project evaluation? Which the four dimensions of the project explainthepurposeofprojectevaluation? Mention the purpose of project evaluation List the four dimensions of the project that explain the purpose of project evaluation Discuss fourdimensions of the projectthat explain the purpose of project evaluation PM0011 – PROJECT PLANNING AND SCHEDULING 1 Write shortnote on: ProjectRatingIndex(PRI) Scopechangecontrol
- 2. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com Brieflyexplain: ProjectRating Index(PRI) Partnering 2 BudgetEstimationofABC CompanyLtd. 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 setup is creatinghurdlesinthe productionprocess. 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 advancedprojectsetup in the organisation. Questions: 1. Which projectestimationapproachshouldbeusedbythe companyand why? 2. What type ofprojectorganisationstructureshouldbeusedbythe companyandwhy? 1. Argue the pros and cons of each project estimation approach. Recommend the project estimation approach that best suits the company. List the reasons for your decision by mentioning the data from the case 2. Describe the existing organisation structure. List the disadvantages of this structure Recommend the project organisation structure that should be used by the company. Give you reasons for recommending this structure based on the data given in the case and your knowledge on the FIVE organizational structures. 3 What is the importance of operational feasibility? Explain the factors that affect operational feasibility. Mention the importance of operational feasibility Discuss the FOURfactors that affectoperational feasibility 4 Write shortnoteson Monte Carlo analysis Workbreak downstructure 5 What do you understand by cost of quality? Elaborate on various types of quality costs associatedwitha project. [Write the meaning of costof quality Explain various types of quality costs associated with a project Write a note on Total quality costs] 6 Explain some of ISO standards that should be considered by the project manager during projectexecution.Listthe advantagesof projectmanagementsoftware. Discuss the FOUR ISO standards that should be considered by the project manager during project execution List any four advantages of project management software
- 3. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com PM 0012 – PROJECT FINANCE AND BUDGETING 1 Write shortnoteson: Key projectresources Threemainrequirementsoffundingaprojectthroughprojectfinance Mediumterm financingforprojects Bottomup estimationforcreatingprojectbudget 2 What is offtake contract?Explainthevarioustypesofoff takecontracts. Describe the off take contract,where is it used, how it helps the organisation, when is it negotiated Discuss the SIX types of off take contracts 3 Explainthedifferentkeyprojectdocuments. Description of key project documents 4 Write shortnoteson: Projectpartiesin a constructionproject Typesofworkingcapital Projectcashflows Paybackperiodmethodusedto evaluatean investmenton a project 5 What are the problemsassociatedwithBOOT projects. Explanation of the main problems associated with BOOTprojects Conclusion 6 Explainthedifferenttypesof managementcontracts(a typeof PPP). List the types of management contracts Explain each type of management contract PM 0013 – MANAGING HUMAN RESOURCES IN PROJECTS 1 Write shortnoteson: Characteristics of a project Objectivesof human resource management Projectteam members Need fora projectteam 2 Explainthevariousconflictresolutiontechniques. Give a brief description various conflictresolution techniques 3 Write shortnoteson Skills required by a projectmanager Delphi technique of estimating manpower requirements of projects Importance of leadership in projectmanagement Goal setting theory 4 Explainthemodernmethodsofperformancemanagement? List the six modern methods of performance management Explain the six modern methods of performance management 5 Explainvarioustypesofcollectivebargaining. Explanation of four types of collectivebargaining 6 Discusstheconceptof issuelogs. Explain what an issue log is Why should project managers solve issues, give examples? What details does an issue log contain? Explain how this issue log helps a project manager
- 4. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com GET SOLVED ASSIGNMENTS AT Rs.125 per subject or Rs.700 per semester VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com