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SMU MBA SEM 4 PM SPRING 2016 ASSIGNMENTS
PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
1 Explain Business Value Models in detail
 Balanced scorecard model
 The Treacy-Wiersema model
 The Kano model
2 What is parametric estimating? Explain the steps involved in the development of a parametric
model.
Define parametric estimating
Describe the 7 steps involvedin the development of a parametric model
3 1. What aspects of capital budgeting must be considered while selecting a project?
2. Suppose an investment requires an initial outlay of $5 million and has expected the cash flow of
$1 million, $3.5 million, and $2million forthe first three years.
a. Calculate:
 The net present value using a 10% required rate of return
 Profitability Index using a 10% required rate of return
b. Also suggest if the project must be accepted.
4 Explain the various expense items in a project.
List the various expense items in a project
Describe each expense with suitable examples
5 1. Determine the average amount of bricks laid over a six-month period by 1 bricklayer. Collected
information on the amount of bricks laid per month:
January 21,000
February 23,500
March 22,000
April 24,000
May 26,000
June 25,000
2. Consider the sales figures of the Bricklayer Company over the period of 6 months, as shown in
the table:
Month No of Sales
January 20
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February 20
March 16
April 20
May 21
June 27
bricks laid over a six-month period by 1 bricklayer.
nsider the sales figures of the Bricklayer.
6 What are the steps that should be followedto constructa “house of quality”?
Explain the 5 steps that should be followedto constructa house of quality
PM 0016 –PROJECT RISK MANAGEMENT
1 What is ProjectRisk? Explain different sources of projectrisk withexamples
ProjectRisk
Sources of project risk
2 What is Risk Opportunity and Management System (ROMS)? What are its benefits?
Define ROMS, why was it designed, how can it be used?
List its objectives
Describe the output of ROMS
List any 4 benefits of ROMS
3 1. Using Internet, identify a project and list down all the activities and milestones of a project and
the activity risks associated withthese milestones.
2. Using Internet, identify a project and the activity risks associated with it. Categorise the risks into
three groups: controllable known, uncontrollable known and unknown. Find out the percentage of
“unknowns” in total risks at the beginning and towards the end of the project.
 Using Internet, identify a project and list down all the activities and milestones of a project
and the activity risks associated with these milestones.
 Using Internet, identify a project and the activity risks associated with it. Categorise the
risks into three groups: controllable known, uncontrollable known and unknown. Find out
the percentage of “unknowns” in total risks at the beginning and towards the end of the
project.
4 What are the sources of resource risks?
A Explain the sources of
 People risks
 Outsourcing risks
 Money risks
5 What are different types of scope risks?
List the types of scope risks
Explain the 3 scope risks
6 Explain the three point estimates used in quantitative risk analysis.
Explain the term “three point estimates”
Why are they used in quantitative risk analysis
How is it different from PERTdistributions
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PM 0017 –PROJECT QUALITY MANAGEMENT
1 Explain various terms used in quality management? In a group of about 3 to 5 people, discuss the
benefits of traditional method and contemporary method of quality assurance. List the benefits on a
flipchart or the whiteboard. Which benefit do you think is the most beneficial and why?
 Total Quality Management (TQM)
 Continuous Improvement/Kaizen
 Just-In-Time (JIT)
 In a group of about 3 to 5 people, discuss the benefits of traditional method and
contemporary method of quality assurance. List the benefits on a flipchart or the
whiteboard. Which benefit do you think is the most beneficial and why?
2 Explain the major projectmanagement standards and frameworks.
Explain the 5 major projectmanagement standards and frameworks
3 What are the benefits of quality metrics? Explain the 3 categories of quality metrics.
List any 4 benefits of quality metrics
Describe the 3 categories of quality metrics
4 Discuss the major barriers to project quality improvement.
List and discuss the 8 major barriers to project quality improvement.
5 What is SIPOC (Suppliers, Inputs, Process, Outputs, and Customers)? Which 3 factors should you
focuson developing SIPOC? Explain.
 Define SIPOC
 Explain the 3 factors youwould focuson developing SIPOC
6 Explain Statistical Process Control (SPC) along with SPC theory and tools?
 Statistical ProcessControl (SPC)
 SPC theory and tools
PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS
1 Explain essential elements of project contract.How a project contractis formed?
essential elements of project contract
formation of project contract
2 What is bidding? Describe the bidding process fromthe buyer’s perspective.
Define bidding and mention the purpose of bidding
Describe 6 steps of the bidding process from the buyer’s side.
3 Explain the structure of a contract.
List the elements of the contractstructure
Explain the elements
4 Explain Co-operative Benchmarking Process(COBAP)
Explain the 8 steps of the COBAP process 10 10
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5 Explain process of procurement. Using the Internet search, list the procurement activities in the
construction industry.
 process of procurement
 procurement activitiesin the construction industry
6 What are the different contract forms of PPP (Public PrivatePartnership).
Explain the 4 contractforms of PPP
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  • 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 4 PM SPRING 2016 ASSIGNMENTS PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT 1 Explain Business Value Models in detail  Balanced scorecard model  The Treacy-Wiersema model  The Kano model 2 What is parametric estimating? Explain the steps involved in the development of a parametric model. Define parametric estimating Describe the 7 steps involvedin the development of a parametric model 3 1. What aspects of capital budgeting must be considered while selecting a project? 2. Suppose an investment requires an initial outlay of $5 million and has expected the cash flow of $1 million, $3.5 million, and $2million forthe first three years. a. Calculate:  The net present value using a 10% required rate of return  Profitability Index using a 10% required rate of return b. Also suggest if the project must be accepted. 4 Explain the various expense items in a project. List the various expense items in a project Describe each expense with suitable examples 5 1. Determine the average amount of bricks laid over a six-month period by 1 bricklayer. Collected information on the amount of bricks laid per month: January 21,000 February 23,500 March 22,000 April 24,000 May 26,000 June 25,000 2. Consider the sales figures of the Bricklayer Company over the period of 6 months, as shown in the table: Month No of Sales January 20
  • 2. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com February 20 March 16 April 20 May 21 June 27 bricks laid over a six-month period by 1 bricklayer. nsider the sales figures of the Bricklayer. 6 What are the steps that should be followedto constructa “house of quality”? Explain the 5 steps that should be followedto constructa house of quality PM 0016 –PROJECT RISK MANAGEMENT 1 What is ProjectRisk? Explain different sources of projectrisk withexamples ProjectRisk Sources of project risk 2 What is Risk Opportunity and Management System (ROMS)? What are its benefits? Define ROMS, why was it designed, how can it be used? List its objectives Describe the output of ROMS List any 4 benefits of ROMS 3 1. Using Internet, identify a project and list down all the activities and milestones of a project and the activity risks associated withthese milestones. 2. Using Internet, identify a project and the activity risks associated with it. Categorise the risks into three groups: controllable known, uncontrollable known and unknown. Find out the percentage of “unknowns” in total risks at the beginning and towards the end of the project.  Using Internet, identify a project and list down all the activities and milestones of a project and the activity risks associated with these milestones.  Using Internet, identify a project and the activity risks associated with it. Categorise the risks into three groups: controllable known, uncontrollable known and unknown. Find out the percentage of “unknowns” in total risks at the beginning and towards the end of the project. 4 What are the sources of resource risks? A Explain the sources of  People risks  Outsourcing risks  Money risks 5 What are different types of scope risks? List the types of scope risks Explain the 3 scope risks 6 Explain the three point estimates used in quantitative risk analysis. Explain the term “three point estimates” Why are they used in quantitative risk analysis How is it different from PERTdistributions
  • 3. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com PM 0017 –PROJECT QUALITY MANAGEMENT 1 Explain various terms used in quality management? In a group of about 3 to 5 people, discuss the benefits of traditional method and contemporary method of quality assurance. List the benefits on a flipchart or the whiteboard. Which benefit do you think is the most beneficial and why?  Total Quality Management (TQM)  Continuous Improvement/Kaizen  Just-In-Time (JIT)  In a group of about 3 to 5 people, discuss the benefits of traditional method and contemporary method of quality assurance. List the benefits on a flipchart or the whiteboard. Which benefit do you think is the most beneficial and why? 2 Explain the major projectmanagement standards and frameworks. Explain the 5 major projectmanagement standards and frameworks 3 What are the benefits of quality metrics? Explain the 3 categories of quality metrics. List any 4 benefits of quality metrics Describe the 3 categories of quality metrics 4 Discuss the major barriers to project quality improvement. List and discuss the 8 major barriers to project quality improvement. 5 What is SIPOC (Suppliers, Inputs, Process, Outputs, and Customers)? Which 3 factors should you focuson developing SIPOC? Explain.  Define SIPOC  Explain the 3 factors youwould focuson developing SIPOC 6 Explain Statistical Process Control (SPC) along with SPC theory and tools?  Statistical ProcessControl (SPC)  SPC theory and tools PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS 1 Explain essential elements of project contract.How a project contractis formed? essential elements of project contract formation of project contract 2 What is bidding? Describe the bidding process fromthe buyer’s perspective. Define bidding and mention the purpose of bidding Describe 6 steps of the bidding process from the buyer’s side. 3 Explain the structure of a contract. List the elements of the contractstructure Explain the elements 4 Explain Co-operative Benchmarking Process(COBAP) Explain the 8 steps of the COBAP process 10 10
  • 4. WWW.SMUSOLVEDASSIGNMENTS.COM EMAIL US AT- solvemyassignments@gmail.com 5 Explain process of procurement. Using the Internet search, list the procurement activities in the construction industry.  process of procurement  procurement activitiesin the construction industry 6 What are the different contract forms of PPP (Public PrivatePartnership). Explain the 4 contractforms of PPP GET SOLVED ASSIGNMENTS AT Rs.150 per subject or Rs.700 per semester VISIT WWW.SMUSOLVEDASSIGNMENTS.COM Or Mail us at solvemyassignments@gmail.com