Contact www.solvedcare.

com for best and lowest cost solution or email solvedcare

@gmail.com
ADL 53 Project Management & Control V3A
Assignment A
1. (a) Define Project. What are the characteristics of a project?
(b) How does a project differ from regular production?
2. What are the phases associated with the life of a project? Highlight the key
points of each phase.
3. (a) What are the responsibilities and skills required by a project manager?
(b) Discuss various project organizations with suitable examples.
4. (a) What is the mean by network analysis? Explain the rules for drawing a ne
twork.
(b) What are the techniques for project scheduling and monitoring?
5. (a) What is meant by work break down structure?
(b) What is resource loading, resource leveling and resource smoothing?
Assignment B
1. (a)

What is a pre-feasibility and feasibility report?

(b) Detailed Project Report (DPR) forms the foundation on which the entire
project is built. Discuss
various elements to be included in a DPR for the success of a project.
2. Discuss various software used for project scheduling and monitoring. Discuss
the inputs and
output of each one of them.
3. Write
(a)
(b)
(c)
(d)

short notes
Scope creep
Earned value analysis
Project appraisal
Linear Responsibility chart

4. Case Study: Please read the case study given below and answer questions given
at the end.
Case Study
(a)

A project details are given below.

Activity
(Days)
(Days)
Cost Rs.
Cost Rs.
A
B
C
A

Predecessor
Crash Time
Normal
Crash

Normal Time

3
2
5

8000
12000
20000

2
1
3

14000
19000
28000

D
E
F
G

B
C,D
C,D
F

5
6
2
2

3
4
1
1

15000
18000
6000
5000

23000
28000
10000
10000

i)
ii)
iii)
iv)
v)
vi)
the

Draw the network diagram

Find the paths and identify the critical path
Find the duration of the project
Calculate the cost slope for each of the activities
What is the total project cost using the normal times?
If the duration of the project id to be reduced to 12 days what will be

(b)

Various activities involved in a project is given below

Activity
Immediate
Predecessors
Optimistic
Time duration in days
Most Likely
Pessimistic
A
6
8
22
B
A
40
60
80
C
A
12
21
24
D
A
20
30
40
E
B
10
15
20
F
C & E 1 / 2 1
3 / 2
G
D & E 8
10
12
H
F & G 4
5
6
i)
Draw the appropriate PERT network
ii)
Identify the critical path and project duration
iii)
Calculate the earliest start time, earliest finish time, latest start ti
me, latest finish time, and slack of each of the activities.
iv)
What is the Probability of completing the project in 120 days?

Assignment C
(Objective Questions)
Question No: 1
The act of doing anything that will help to bring future project performance int
o line with the project plan is called

Budget update
Revised cost estimate
Corrective action

Contingency planning

Question No: 2
Project A has an internal rate of return (IRR) of 21 percent. Project B has an I
RR of 7 percent. Project C has an IRR of 31 percent. Project D has an IRR of ig
percent. Which of these would be the BEST project?

Project A
Project B
Project C
Project D

Question No: 3
When checking the calendar of a team member to schedule a meeting, you see she h
as scheduled a meeting with a key stakeholder that you were not informed of. The
best approach would be to

Avoid mentioning it to the team member but continue to watch her activities
Notify your boss about the problem
Address the concern with the team member's boss
Address the concern with the team member

Question No: 4
The program evaluation and review technique (PERT) method of scheduling differs
from the critical path method (CPM) because the PERT method:

Uses weighted averages of activity durations to calculate project duration

Uses ..dummy.. activities to represent logic ties
Uses ..free float.. instead of ..total float.. in the schedule calculations
Uses bar charts instead of logic diagrams to portray the schedule

Question No: 5

A project manager would like to manage his project in such a way that he will be
able to identify specific tasks that should be watched and managed more closely
than others. The project manager should use which method?

The PERT method

The critical path method
The GERT method
The PCDM method

Question No: 6
A project manager is using a cause and effect diagram with the team to determine
how various factors might be linked to potential problems. In what part of the
quality management process is the project manager involved?

Quality analysis
Perform quality assurance
Perform quality control
Quality planning

Question No: 7
. In, ____________we see whether return or benefits on this investment are more
than its cost from point of view of society in which we are living

Social cost benefit analysis

Cost benefit analysis
Profit analysis
Risk analysis

Question No: 8
Resource leveling will generally

Reduce the time needed to do the project

Increase the total time necessary to do all the tasks

Reduce the overutilization of resources

Reduce resources to the lowest skill that is possible

Question No: 9
If all planned work has been completed or earned, What is the schedule variance?

0.01
0
0.1
0.5

Question No: 10
A project whose acceptance does not prevent or require the acceptance of one or
more alternative projects is referred to as __________

a mutually exclusive project

an independent project
a dependent project
a contingent project

Question No: 11
When operating under a single-period capital-rationing constraint, you may first
want to try selecting projects by descending order of their __________ in order
to give yourself the best chance to select the mix of projects that adds most t
o firm value.

profitability index (PI

net present value (NPV)
Internal rate of return (IRR)
payback period (PBP)

Question No: 12

Which of the following statements is correct regarding the internal rate of retu
rn (IRR) method?

Each project has a unique internal rate of return

As long as you are not dealing with mutually exclusive projects, capital rationi
ng, or unusual projects having multiple sign changes in the cash-flow stream, th
e internal rate of return method can be used with reasonable confidence
The internal rate of return does not consider the time value of money
The internal rate of return is rarely used by firms today because of the ease at
which net present value is calculated

Question No: 13
Which of the following is not a potential for a ranking problem between two mutu
ally exclusive projects?

The projects have unequal lives that differ by several years

The costs of the two projects differ by nearly 30%.
The two projects have cash flow patterns that differ dramatically
One of the mutually exclusive projects involves replacement while the other invo
lves expansion

Question No: 14
The three phases involved in the management of large projects are

Scheduling, operating, evaluating

Planning, scheduling, evaluating
Scheduling, designing, operating
Planning, scheduling, controlling

Question No: 15
With respect to PERT and CPM, slack

Is a task or subproject that must be completed

Marks the start or completion of a task

Is the amount of time a task may be delayed without changing the overall project
completion time
Is the latest time an activity can be started without delaying the entire projec
t

Question No: 16
A dummy activity is required when

The network contains two or more activities that have identical starting and end
ing events
Two or more activities have different ending events
Two or more activities have the same ending events
Two or more activities have the same starting events

Question No: 17
Which of the following is a basic assumption of PERT?

There is only one complete route from the start of a project to the end of a pro
ject
No activity in the network must be repeated.
Activity completion times are known with certainty
Only critical path activities in the network must be performed

Question No: 18
PERT analysis computes the variance of the total project completion time as

The sum of the variances of all activities on the critical path

The sum of the variances of all activities in the project
The variance of the final activity of the project
The sum of the variances of all activities not on the critical path

Question No: 19
Which of the following managers develop operational plans for the project?

Top Managers
Middle Manager
Line Managers
Supervisors

Question No: 20
Which of the following is a direct responsibility of the project manager?

Calculating completion probabilities for all tasks in the project

Drawing the network diagram
Making sure that the people assigned to the project receive the motivation, dire
ction, and information needed to do their jobs
Performing all of the activities in the project

Question No: 21
Which of the following is the benefit of the network analysis approach?

Derive error free forecasts

Eliminate need for management judgement
Allows progress to be monitored against pla
Avoid need to use structured approach

Question No: 22
A project can be considered to have failed if it

Overran significantly on estimated delivery date

Does not meet the business requirem

Does not meet the users' requirements

Was significantly over budget

Question No: 23
Which of the following is not a reason to reduce project completion time?

Reduce new product development time to market

Release resources for other projects
Avoid penalties for late completion
Eliminate project critical path

Question No: 24
Which of the following is especially useful for monitoring project progress agai
nst plan?

Capacity loading graphs

Gantt charts
Flow diagrams
Network diagrams

Question No: 25
An individual with a diverse set of skills--management, leadership, technical, c
onflict management, and customer relationship--who is responsible for initiating
, planning, executing, and closing down a project best defines:

Chief information officer

Consultant
Project scheduler
Project manager

Question No: 26
Identifying, assessing, and managing the risks and day-to-day changes that occur

during a project best defines which of the following project manager activities
?

Conflict management
Risk and change management
Team management
Customer relations

Question No: 27
Optimistic time refers to

the maximum period of time for an activity to be completed

the minimum period of time for an activity to be completed
the planner s
r completion

best guess of the amount of time the activity actually will require fo

None of the above

Question No: 28
An example of a project management system is

Word Perfect
Microsoft Office
Lotus 1-2-3
Oracle

Question No: 29
Which of the following is not a true statement regarding Network diagrams?

The critical path of a Network diagram is represented by the sequence of connect

ed activities that produce the longest overall time period
All activities with a slack time equal to zero are on the critical path
Nodes not on the critical path can be delayed (for some amount of time) without

delaying the final completion of the project

The latest expected completion time refers to the time in which an activity can
be completed without delaying the project

Question No: 30
Which of the following slack times indicates that an activity is on the critical
path?

1
10
0
2

Question No: 31
A project manager that dictates all decisions and does not allow for any partici
pation by the workers would be using which leadership style.

Passive
Participative/democratic
Autocratic
Laissez-faire

Question No: 32
The shortest time necessary to complete all of the activities in a network is ca
lled the:

Activity duration length

Critical path
Maximum slack path
Compression path

Question No: 33

The first step in the development of a schedule is a:

Listing of the activities

Determination of dependencies
Calculation of effort
Calculation of durations

Question No: 34
The calculation of the total cost of a product, from R&D to operational support
and disposal, is called:

Birth-to-death costing
Life-cycle costing
Summary costing
Depreciation costing

Question No: 35
Which is the first stage in the project management model?

Project definition
Understanding the project environment
Project control
Project planning

Question No: 36
Successful project management does NOT include which of the following factors?

Competent team members

Interchangable staff
Responsiveness to clients
Control mechanisms

Question No: 37
A critical path network diagram does not:

Calculate earned-value
Help determine the amount of float
Calculate the duration of the whole project
Identify the particularly important activities

Question No: 38
Which of the following statements gives the Technical definition of Project Plan
ning?

Working out of sub-components in some degree of detail

To cover area of government legislation & regulation related to

use of resources

Planned use of any /all resources - Succession of five year plans

Structured sequence of events leading to desired set of objectives

Question No: 39
Which of the following is the responsibility of proposed project manager?

Project Plan & strategy

Description of Project
Organization Development of organizational Chart
All of the given options

Question No: 40
The main purpose of a _______________ is to function as a blueprint for the grou
p s business operations.

Business Plan

Scope statement
Feasibility Study
Work Breakdown Structure
Contact www.solvedcare.com for best and lowest cost solution or email solvedcare
@gmail.com