Ignou MBA Question paper:MS52 : PROJECT MANAGEMENT

MANAGEMENT PROGRAMME
Term-End Examination

June, 2005

MS52 : PROJECT MANAGEMENT

Time: 3 hours
Maximum Marks: 100
(Weightage 70%)

Note : (i) Attempt any three questions from Section A, each carrying 20 marks.
(ii) Section B is compulsory and carries 40 marks.

SECTION A

1. Detailed Project Report (DPR) forms the foundation on which the entire supershucture of the project is built – “If it is weak, poject cannot weather turbulent times ahead.” Bring out the do’s and don’ts of a good DPR.

2. Explain the following methods of forecasting demand :
(a) Exponential Smoothing
(b) Adaptive Exponential Smoothing
(c) Exponential Smoothing with trend and seasonal data
(d) Double Exponential Smoothing

3. Why do we need different types of cost estimates in projects ? Discuss five such estimates. On what factors is their level or degree of accuracy dependent ?

4. Why is a Project Management Information System of immense importance in a project ? Discuss the objectives of Project Management Information System. In designing a Project Management Information System what parameters are to be spelt out clearly ?

5. Explain the importance of “Project Review” in the context of control of a project. What are the elements of controls in projects ? How are cybernetics concepts applied to project management?

SECTION B

6. The activities, duration and direct activity costs are given below. The indirect cost is Rs. 3000 per week. Starting from the normal duration obtain the crash cost and duration of the project.

Activity Time in Weeks Cost Cost to Expedite
per week
(Cost slope)
Normal Crash Normal Crash
1 – 2 2 2 3000 3000
2 – 3 4 3 4000 5000 1000
2 – 6 8 8 6000 6000 —-
3 – 4 3 2 2000 3500 1500
3 – 5 2 2 2000 2000 —-
4 – 6 4 3 4000 5000 1000
5 – 6 3 3 4000 4000 —-
6 – 7 8 5 8000 12000 1333

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