18

9
5
C

EE
6A
56
Paper / Subject Code: 53080 / Institute Optional Course-2: Project Management

5E

7
95
CD

59
18
58

EE
6A
56
98

5E

7
95
CD

59
18
74

58

EE
A
6
22

5E

6
9

CD

9
18
94

4
Time: 3-hour Max. Marks: 80

5
7

85

6A
56
8D

E
2

49

CD

8
4
52

58
N.B : (1) Question No. 1 is Compulsory.

61
9

27

6A
8D
76

5E

5
2
(2) Attempt any three questions out of the remaining five.

CD
95

8
94
52

74

58

1
(3) All questions carry equal marks.

EE

56
D
6

98

E
57

2
8

5
(4) Assume suitable data, if required, and state it clearly.

D
4
59

74

8
9

D9

C
5

5
E
(5) Notations carry the usual meaning.

6A

22

98

E
E

28

5
5

94
9

74
18

58
9
5

C
65
EE

D
6A

22
56

98

5E
Q1. Answer the following (Any FOUR) [20M]

8
95

94
CD

59

52

74
18

58
E

8D
6A

22
56

98
5E

7
a) What are the three basic goals of a project and how do project managers achieve

94
CD

52

74
8
58

E9
5
1
them in conditions of uncertainty?

8D
6A

76

22
6
98

5E

9E
b) Why project manager’s role is more of a facilitator rather than a supervisor?

94
D

52
18
74

58

E9
5

27
C
c) Explain the work breakdown structure.

8D
A

76
56
22

42
6
9

d) What is Goldratt’s critical chain method? 5

95
D

59

52
18
94

D9
C
7

EE
A

76
6
8D

e) Briefly describe the purchasing cycle.

2

98

5E

28
6
2

95
D

9
8
4
52

f) What are the four stages of team development and growth? 58

A5

65
61
9

C
7

EE
8D
76

98

57
5

6
2

CD

59
95

18
4
52

74

E9
Q2. (a) Swanson Industries has a potential project with an initial cost of Rs. 20,00,000.
D9

6A
EE

6
76

22

5E

9E
5
The capital budget allows to accept only one project. Using the NPV method, which
28

CD
95

18
94
59

58

A5
5

project should be selected? [10M]

EE

6
8D
6A

22

98

D5
7

86
5
95

4
59

74
18

58

61
9

EC
5
EE

8D
6A

Cash
6

22
56

D5
7

5
5

94
CD

59

52

74
Flows Project A Project B Project C Project D
18

58
E9

EC
D
6A

76

22
56

98
(Year)
5E

9E

85
95

94
CD

74
18
58

1 5,00,000 6,00,000 10,00,000 3,00,000

5

85
EE

8D
A

76

22
6
98

5E

D5

49
2 5,00,000 6,00,000 8,00,000 5,00,000
6

94
9

52
8
74

58

9
5

27
1
EC

3 5,00,000 6,00,000 6,00,000 7,00,000

EE

D
6A

76
56
22

98

42
28
85

95

4 5,00,000 6,00,000 4,00,000 9,00,000

CD

9
8
94

74

D9
A5

65
61
85

E
D

5 5,00,000 6,00,000 2,00,000 11,00,000

22

5E

57
5

28
6
28

49

CD

9
8
94

58

E9
5

65
1
65

27

Discount
6A
56
D

98

5E

6% 9% 15% 22%
9E

57
57

2
28

Rate
D

18
94

E9
A5
C
65

27

6
D

98

9E
D5
57

6
2
28

8
94

58

A5
E9

1
EC
65

27

6
D

98

(b) What is the project life cycle? How is the cost of change, risk, and influence of
D5
E

57

86
2
28

85
94
59

74
E9

61
EC
65

5
D
6A

22

stakeholders affected by Project time during the life cycle of the project? [10M]
98

D5
9E

57

28

85
94

74
E9
A5

EC
65

85
D

22
9E

57

28

49
86

85
4
E9

D9
A5

65

27
61

Q3. (a) What are the responsibilities of the project auditor? What is essential for a successful
85
9E

57

42
5

28

49
86
CD

E9

project Audit? [10M]

A5

65

27
61

8D
5E

9E

57

42
D5

86

52
E9

D9
A5
61
EC

Q3. (b) Explain probability and impact matrix. What are the risk response strategies for
76
9E
D5

28
86
5

5
58

E9
A5

65
61
EC

negative risks (threats) and positive risks (opportunities)? [10M]

8

9E

57
D5

86
49

5
58

E9
A5
61
EC
7
22

9E
D5

86
49

5
58

A5
61
EC
7
22

D5

86
49

5
4

58

61
D9

EC
7
22

D5

43022 Page 1 of 2
28

49

5
4

58
D9

EC
65

7
22

8
28

49

85
4
D9
65

27

85

6528D94227498585ECD56186A59EE957
42
28

49
 18

9
5
C

EE
6A
56
Paper / Subject Code: 53080 / Institute Optional Course-2: Project Management

5E

7
95
CD

59
18
58

EE
6A
56
98

5E

7
95
CD

59
18
74

58

EE
A
6
22

5E

6
9

CD

9
18
94

4
Q4. (a) Following are the manpower requirements for each activity in a project.

5
7

85

6A
56
8D

E
2

49

CD
Activity Normal Time Man Power Required

8
4
52

58

61
9

27

6A
8D
76

5E
0 -1 2 4

5
2

CD
95

8
94
52

74

58

1
1-2 3 3

EE

56
D
6

98

E
57

2
8

D
1-3 4 3

4
59

74

8
9

D9

C
5

5
E
6A

22
2-4 2 5

98

E
E

28

5
5

94
9

74
18

58
3-5 4 3

9
5

C
65
EE

D
6A

22
56

98

5E
7
3-6 3 4

8
95

94
CD

59

52

74
18

58
4-7 6 3

8D
6A

22
56

98
5E

7
5-7 6 6

94
CD

52

74
8
58

E9
5
1

8D
6A

76

22
6
6-8 5 2
98

5E

9E
5

94
D

52
18
74

7-9 4 2
58

E9
5

27
C

8D
A

76
56
22

E
8-9 4 9

42
6
9

95
D

59

52
18
94

D9
i) Draw the project network diagram.

C
7

EE
A

76
6
8D

98

5E

28
6
2

95
D

9
8
4
52

58

A5

65
ii) Rearrange the activity suitably to reduce the existing total manpower

61
9

C
7

EE
8D
76

98

57
5

6
2

requirement. [10M]
5

CD

59
95

18
4
52

74

E9
D9

6A
EE

6
76

22

5E

9E
5
28

9
Q4. (b) Differentiate between the Functional, Pure Project, and Matrix organizations. [10M]

CD
95

18
94
59

58

A5
5

7
EE

6
8D
6A

22

98

D5
7

86
5
95

4
59

74
18

58

61
9

EC
5

Q5. (a) How communication is planned and managed in project management? [10M]
EE

8D
6A

22
56

D5
7

5
5

94
CD

59

52

74
18

58
E9

EC
Q5. (b) A consulting project has an actual cost of Rs. 45000, Scheduled cost of Rs. 35000, and
D
6A

76

22
56

98
5E

9E

the value of completed work is Rs. 31000. Find the Scheduled and Cost Variance. Also, find

85
95

94
CD

74
18
58

85
SPI and CPI. [5M]
EE

8D
A

76

22
6
98

5E

D5

49
6

94
9

52
8
74

58

9
5

27
1
EC

EE

D
6A

76
56

Q5. (c) State various project estimation and scheduling techniques. [5M]
22

98

42
28
85

95
CD

9
8
94

74

D9
A5

65
61
85

E
D

22

5E

57
5

28
6
28

49

CD

9
8
94

58

E9
5

65
1
65

Q6. ( a) What is a scope creep? How does a formal change control system work in project
27

6A
56
D

98

5E

9E

57
57

2
28

management? [10M]
D

18
94

E9
A5
C
65

27

6
D

98

9E
D5

Q6. (b) List and briefly describe the ways the project may be terminated. What are some non-
57

6
2
28

8
94

58

A5
E9

1
EC
65

27

technical reasons for project termination? [10M]

6
D

98

D5
E

57

86
2
28

85
94
59

74
E9

61
EC
65

5
D
6A

22

98

D5
9E

57

28

85
94

74

______________
E9
A5

EC
65

85
D

22
9E

57

28

49
86

85
4
E9

D9
A5

65

27
61

85
9E

57

42
5

28

49
86
CD

E9

9
A5

65

27
61

8D
5E

9E

57

42
D5

86

52
E9

D9
A5
61
EC

76
9E
D5

28
86
5

5
58

E9
A5

65
61
EC
8

9E

57
D5

86
49

5
58

E9
A5
61
EC
7
22

9E
D5

86
49

5
58

A5
61
EC
7
22

D5

86
49

5
4

58

61
D9

EC
7
22

D5

43022 Page 2 of 2
28

49

5
4

58
D9

EC
65

7
22

8
28

49

85
4
D9
65

27

85

6528D94227498585ECD56186A59EE957
42
28

49