1. JOSEPH COLLEGE OF COMMERCE (Autonomous)

END SEMESTER EXAMINATION – APRIL 2014

BBM – IV Semester

PROJECT MANAGEMENT

Duration : 3 hrs                                                                                                  Max. Marks: 100

Section – A

1. Answer ALL the Each carries 2 marks.                                    (10×2=20)
2. What is Work Break down Structure?
3. What is an Economic Audit?
4. Mention four leading indicators of Industrial sickness.
5. How should a management approach a fog and a movie type of project?
6. Give examples of incentives that result due to commercial policies.
7. Mention eight main sources of Project Finance.
8. What is Normal time and Crash time?
9. What does a Project Family Tree comprise of?
10. What are the reasons for growth of Project Management?
11. What is Social cost and Social Cost Benefit Analysis?

Section – B

 

1. II) Answer any FOUR Each carries 5 marks.      (4×5=20)

 

11. What is a contract? Explain the types of Project contracts.
12. Explain the concept of Post project Audit.
13. What are the essentials of a good Project Information System?
14. What are the advantages of using Computer based Project Management?
15. Explain Project Planning and Project Scheduling.
16.   Popularly known as the knowledge areas of Project Management, explain the nine sub-systems of Project Management.
17. Explain the kinds of Project Risks.

Section – C

 

III) Answer any THREE   questions. Each carries 15 marks.                               (3×15=45)

 

17. A. Explain in brief the types of Organisational Structure found in Project Management.
18. Explain the concept of Matrix type of Organisational structure in detail.
19. The term ‘Project Participants’ includes everyone who has a role to play in the project. Having said this, explain the role of important participants in Project Management.
20. Project Formulation comprises of four stages. Explain them.
21. Explain the stages of Project Life Cycle.
22. What is Project Management? Explain the benefits of Project Management. How can one achieve effective Project Management?

Section – D

 

1. IV) Compulsory question – Case study.     (1×15=15)

 

22. A manufacturer of blood testing devices was scheduled to undergo an ISO audit of its Quality Management System (QMS). The successful completion of the audit would allow the company to sell its products to the European market. As part of the ISO 13485 certification program, a cross-functional team of regulatory, R&D, and production experts had developed 26 procedural documents that defined the standards and policies of its QMS. But as the audit approached, management realized that there was a gap in the audit preparation. In order to make certification more likely, the team needed a way to clearly communicate the QMS to the auditor. Toward that end, the team recognized the need to illustrate the key process interdependencies, inputs, and outputs for each of the 26 procedures; as such an illustration would visually depict who had to do what and when, to ensure successful performance of the QMS. The in-house team attempted to develop the required document map. However, due to the complexity of the task, especially when trying to coordinate activities across functions, they produced a document map of the document management process that resembled the proverbial “spaghetti bowl.” With less than one month to go before the audit, the company engaged Integrated Project Management Company, Inc. (IPM) to help.

Questions:

1. Identify what is this case all about and write down the facts of the case.
2. What is the issue addressed in this case? Also, identify the reasons that could have lead to this problem.
3. What solutions would you suggest? Kindly justify your solutions.
4. Explain the implications from the point of view of every stake holder.

 

 

Latest Govt Job & Exam Updates:

View Full List ...