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ASSIGNMENT
DRIVE
PROGRAM/SEMESTER
SUBJECT CODE & NAME
BOOK ID
CREDITS
MARKS

FALL DRIVE 2013
MBADS – (SEM 4/SEM 6) / MBAN2 /
MBAFLEX – (SEM 4) / PGDISMN (SEM 2)
PM0010 – Introduction to Project
Management
B1236
4
60

Note: Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.

Q1. Summarise the project management processes involved in the monitoring and control process
group.
Answer : Not all project management processes apply to all projects or project phases. Process
groups can overlap and interact. Forty-two project management processes are contained within the
five project management process groups:
Initiating Process Group
The Initiating Process Group Formally authorizes new project or project phase. The two processes in
it are:
1. Develop project charter - Authorizing project or project phase. The project charter defines the
project’s purpose, identifies objectives, and authorizes the project manager to start the project.
2. Identify stakeholders - Documents all of the people or

Q2. Elucidate the importance of communication in Project Management10 marks(300-400)
words10 marks(300-400) words
Answer : Some people think that being a project manager is all about sticking your nose in a set of
project plans and setting milestones and such like. This is certainly an essential part of the role but it
is far from being the only one.
Another area of the job you will want to spend a lot of time on in is the communication. This is an
important aspect of the project management role for the following reasons.
A Lot of Stakeholders and Team Members
Even the most modest project will tend to have a
Q3. List the project management processes involved in the planning process group.10
marks(300400) words
Answer : There are five process groups according to PMI. They are Initiating, Planning, Executing,
Monitoring and Controlling, and Closing.
All groups contain a total of 44 project management processes of which 21 are located in the
planning group. That doesn’t necessarily make this group the most important or most time
consuming but it makes the group the most comprehensive group that covers all of the nine
knowledge management areas (link).
In this article I will cover all the processes that goes

Q4. Explain the types of contracts that are entered into in project procurement10 marks(300-400)
words
Answer : A procurement contract is an agreement in which a buyer agrees to acquire goods or
services from a seller in exchange for consideration. Most of these contracts are written agreements
that specify each party’s obligations in relation to the transaction. Generally, one includes business
provisions, detailed price lists, payment information, and other legal terms and conditions applicable
to the transaction.
Many companies and government agencies have adopted purchasing procurement programs that
include all of the activities that take place when goods and services are acquired from vendors.
Pursuant to these programs, a company or government agency may issue a request for proposal,
which details the goods requirements or the service specifications. Once the proposal request has
been issued, bidders may submit their responses,

Q6. Describe the various supports that the project management system provides.10 marks(300400) words
Answer : These services aim to provide the customer with a range of specialized services that cover a
wide range of needs for project management. Such needs are the planning and the monitoring
control of a project, project management support in the bidding phase of a project, and general
support at the corporate level for the operational planning, development and guidance of the
company staff which will be assigned with project management responsibilities.

Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
call us at : 08263069601

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Pm0010 – introduction to project management

  • 1. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601 ASSIGNMENT DRIVE PROGRAM/SEMESTER SUBJECT CODE & NAME BOOK ID CREDITS MARKS FALL DRIVE 2013 MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) / PGDISMN (SEM 2) PM0010 – Introduction to Project Management B1236 4 60 Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme. Q1. Summarise the project management processes involved in the monitoring and control process group. Answer : Not all project management processes apply to all projects or project phases. Process groups can overlap and interact. Forty-two project management processes are contained within the five project management process groups: Initiating Process Group The Initiating Process Group Formally authorizes new project or project phase. The two processes in it are: 1. Develop project charter - Authorizing project or project phase. The project charter defines the project’s purpose, identifies objectives, and authorizes the project manager to start the project. 2. Identify stakeholders - Documents all of the people or Q2. Elucidate the importance of communication in Project Management10 marks(300-400) words10 marks(300-400) words Answer : Some people think that being a project manager is all about sticking your nose in a set of project plans and setting milestones and such like. This is certainly an essential part of the role but it is far from being the only one. Another area of the job you will want to spend a lot of time on in is the communication. This is an important aspect of the project management role for the following reasons. A Lot of Stakeholders and Team Members Even the most modest project will tend to have a
  • 2. Q3. List the project management processes involved in the planning process group.10 marks(300400) words Answer : There are five process groups according to PMI. They are Initiating, Planning, Executing, Monitoring and Controlling, and Closing. All groups contain a total of 44 project management processes of which 21 are located in the planning group. That doesn’t necessarily make this group the most important or most time consuming but it makes the group the most comprehensive group that covers all of the nine knowledge management areas (link). In this article I will cover all the processes that goes Q4. Explain the types of contracts that are entered into in project procurement10 marks(300-400) words Answer : A procurement contract is an agreement in which a buyer agrees to acquire goods or services from a seller in exchange for consideration. Most of these contracts are written agreements that specify each party’s obligations in relation to the transaction. Generally, one includes business provisions, detailed price lists, payment information, and other legal terms and conditions applicable to the transaction. Many companies and government agencies have adopted purchasing procurement programs that include all of the activities that take place when goods and services are acquired from vendors. Pursuant to these programs, a company or government agency may issue a request for proposal, which details the goods requirements or the service specifications. Once the proposal request has been issued, bidders may submit their responses, Q6. Describe the various supports that the project management system provides.10 marks(300400) words Answer : These services aim to provide the customer with a range of specialized services that cover a wide range of needs for project management. Such needs are the planning and the monitoring control of a project, project management support in the bidding phase of a project, and general support at the corporate level for the operational planning, development and guidance of the company staff which will be assigned with project management responsibilities. Dear students get fully solved assignments Send your semester & Specialization name to our mail id : help.mbaassignments@gmail.com or call us at : 08263069601