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ASSIGNMENT
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.
1 Write short notes on:
 Project constraints
 Project testing phase of project management life cycle
 Project resources
 Qualitative approach to demand forecasting
Answer:-
Project constraints :-
DRIVE SPRING 2104
PROGRAM/SEMESTER MBADS (SEM 3/SEM 5) MBAFLEX/ MBAN2 (SEM 3)
PGDPMN (SEM 1)
SUBJECT CODE & NAME PM0010 – Introduction to Project Management
BOOK ID B1236
CREDITS 4
MARKS 60

2. The primary purpose of a project is to deliver a product and/or service to a customer within a specified
time, cost, detailed scope and performance
2 Describe the various project planning tools.
Answer Meaning
Project Planning follows the Project Initiation stage and is considered to be the most important
stage in project management. Project Planning is not a single activity or task. It is a process that takes time
and attention. Project Planning defines the project activities and describes how the activities will be
accomplished. Time spent up-front identifying the proper needs and structure for organizing and managing
projects saves countless hours of confusion and rework in the Managing (Execution and Controlling) stage
of the project.
Listing of project planning tools
3 Write short notes on:
 Earned value analysis
EVA compares the calculated value of work performed, what you have earned, to the actual cost and to a
projected cost of work performed. Deviations are cost, time, or both, and can be expressed in dollars, time
orcalculated further as progress, per cent complete or a performance index. EVA is primarily a schedule
tracking tool, determining schedule from cost and earned value of individual WBS tasks performed in time:
the project management trinity of scope, cost and schedule.
Three fundamental concepts toeffective EVA:
4 Discuss the phases of project audit life cycle.
Answer:- Listing of the phases of project audit life cycle
1. Project Initiation
2. Project Planning
3. Execution Phase
4. Monitoring and Control
5. Close down Stage
6.
5 What are the various steps involved in the project configuration process?
A Explain the meaning of project configuration process
Project Management has a basic requirement to deliver products 'on-time' and 'within budget'. IT
development projects, on the other hand, take place against a background of changes to: original
specification, additional functionality, user requirements and so on. This can present real conflict where
change is not managed effectively.

3. Business process configuration - an introduction
What is process configuration and what is it for? Process
6 What are the main objectives of preparing a project report? Explain the essential elements of a project
final report.
Answer:- Listing of the main objectives of preparing a project report.
Objectives that the project should achieve should be expressed both as general development objectives
and operational objectives. General development objectives include aspects such as expected
improvements, improved living standards, institutional improvements etc. Operational objectives for the
project concern improvements in existing systems and coverage. Each objective should be quantified (to
the extent possible), and a schedule for achieving these
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