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1. Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
“ help.mbaassignments@gmail.com ”
or
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Assignment
DRIVE SPRING 2015
PROGRAM MBADS (SEM 3/SEM 5) MBAFLEX/ MBA (SEM3) PGDPMN(SEM 1)
SUBJECT CODE & NAME PM0011 – PROJECT PLANNING ANDSCHEDULING
BK ID B1937
CREDIT & MARKS 4 CREDITS & 60 MARKS
Q1. Write short noteson:
a) Hierarchy of organisational objectives
Answer : The hierarchy of objectives is a tool that helps analyze and communicate the project
objectives. It organizes these objectives into different levels of a hierarchy or tree. Different
organizationsuse differentnamesforthe
b) Porter model - a tool for identifyinginvestmentopportunities
Answer : Michael Porter’s five forces model is based on the insight that a corporate strategy should
meet the opportunities and threats in the organizations external environment. Especially,
competitive strategy should based on an understanding of industry structures and the way they
change.
c) Designphase of projectmanagement life cycle
Answer : Once the project has been approved, a deadline has been set, and the scope has been
agreed upon, then the project planning phase of the project management life cycle begins. The
projectplanningphase consistsof the followingsteps:

2. d) Scope change
Answer : Scope Change is an official decision made by the project manager and the client to change a
feature X to expand or reduce it's functionality. Generally, scope change involves making adjustments to
the cost, budget,otherfeatures,orthe timeline.
A scope change request is used to request an addition or subtraction to the agreed upon scope of work
agreed upon for a project. Scope change requests may be managed as part of a pre-defined scope
change processoutlinedaspartof the Project
2 BudgetEstimation of ABC Company Ltd.
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 set up is
creating hurdlesin the production process.
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 ofexperience ofand exposure to multinational work
culture,which has further affectedthe 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
responsibilityofincorporatingthe advanced projectset up in the organisation.
Questions:
Whichproject estimationapproach shouldbe usedby the company and why?
Bottom-up estimating(alsocalleddetail or resource-drivenestimating)
The estimator breaks a project into distinct line items, and then breaks those line items into smaller,
distinctline items,andsoon,until he or she arrivesat
Top-downestimating(also calledparametric estimating)

3. 2. Whattype of project organisation structure should be usedby the company and why?
 Flat Organizational Structure: Many small companies use a flat organizational structure, where
very few levels of management separate executives from analysts, secretaries and lower-level
employees.Flatorganizations
3 What is the importance of operational feasibility? Explain the factors that affect operational
feasibility.
Answer: Operational feasibility is as important as technical feasibility (or any other kind of feasibility for
that matter), and yet it can be the first thing to get brushed under the carpet. The conversation changes
and that ‘intelligent system’ everyone was discussing is transformed back into a mere ‘thing’: a
deliverable todropintothe organisation.We’ll
4 Write short noteson
a) Crashing
Answer:CrashingDefinition
B) Precedence diagrammingmethod
Answer: The precedence diagram method (PDM) is a tool for scheduling activities in a project plan. It is a
method of constructing a project schedule network diagram that uses boxes, referred to as nodes, to
represent activities and connects them with arrows that show the dependencies. It is also called the
activity
b) Resource allocation
Answer: The resources of an organization consist of people, materials, equipment, knowledge and
time.Organizationstypicallyhave limitedresources;therefore,tradeoffsonwhatprojectresources

4. c) Scope creep
Answer: Scope creep – also known as feature creep, focus creep, creeping functionality and kitchen-
sinksyndrome –can sneakup,morphand destroya project.
Project Scope Defined

 .
5 What do you understand by cost of quality? Elaborate on various types of costs of quality associated
with a project.
Answer: The term “quality costs” has different meanings to different people. Some equate “quality
costs” with the costs of poor quality due to finding and correcting defective work. Others equate the
term with the costs to attain good quality. Others use the term to mean the costs of running the quality
department.Inmysite,the term"qualitycosts"meansthe costof poorquality.
6 Explain some of ISO standards that should be considered by the project manager during project
execution.Listthe advantages of projectmanagement software.
Answer: Management system standards: ISO management system standards provide a model to follow
when setting up and operating a management system. Like all our standards, they are the result of
international, expert consensus and therefore offer the benefit of global management experience and
good practice. These standards can be applied to any organisation, large or small, whatever the product
or service andregardlessof the sectorof
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
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or
Call us at : 08263069601