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| ST. JOSEPH’S COLLEGE OF COMMERCE (AUTONOMOUS) | ||
| END SEMESER EXAMINATION – MARCH/APRIL 2016 | ||
| BBM – IV Semester | ||
| M1 13 406: PROJECT MANAGEMENT | ||
| Duration: 3 Hours Max. Marks: 100 | ||
| SECTION – A | ||
| I) | Answer ALL the questions. Each carries 2 marks. (10×2=20) | |
| 1. | Give the meaning of a Project. | |
| 2. | What is Project Management? | |
| 3. | What do you mean by Social benefit analysis? | |
| 4. | What is project risk analysis? | |
| 5. | Give the meaning of Project cost. | |
| 6. | Write the difference between normal time and crash time. | |
| 7. | Define sickness. | |
| 8. | What are project contracts? | |
| 9. | How rehabilitation of sick units are done. | |
| 10. | Give any two essential requirements of project management softwares. | |
| SECTION – B | ||
| II) | Answer any FOUR questions. Each carries 5 marks. (4×5=20) | |
| 11. | Give the characteristics of a Project. | |
| 12. | Explain the benefits of Project Management. | |
| 13. | What is the role of computer project management? | |
| 14. | Briefly explain the objectives of Post Audit. | |
| 15. | Explain the sources of finance for projects. | |
| 16. | What are the attributes for a good project manager? | |
| SECTION – C | ||
| III) | Answer any THREE questions. Each carries 15 marks. (3×15=45) | |
| 17. | Explain the ten subsystems of Project Management. | |
| 18. | Explain the various sources of Project Financing. | |
| 19. | Explain the steps involved in Project Planning & scheduling. | |
| 20. | Give the meaning of Project organization. Explain its types in detail. | |
| 21. | What is Project Appraisal? Explain technical, commercial, economic, financial and management appraisal. | |
| SECTION – D | ||
| IV) | Case Study – Compulsory question. (1×15=15) | |
| 22. | Josh and Mike met each other as roommates during freshmen year at MacAlister college in St.Paul, Minnesota. Despite a rocky start they became best friends. They are planning on going on a two week adventure together to celebrate their graduation in June. Josh has never been to Europe and wants to visit France or Spain. Mike spent a semester abroad in Aarhus, Denmark and
travelled extensively in Northern Europe. Even though he never went to France or Spain, Mike wants to go to some place more exotic like South Africa or Vietnam. For the past week they have been arguing back and forth over where they should go. Josh argues that it will be much cheaper to travel in Vietnam or South Africa once they are there. Each of them agree that they can spend no more than $3,500 each on the trip and could be gone for only two weeks. One evening when they were arguing with each other over with friends, Sara said, “why don’t you use what you learned in your project management class to decide what to do?” Josh and Mike looked at each other and agreed that made perfect sense.
a) Assume you are either Josh or Mike; how would you go about making a decision using project management methodology? b) Looking first at only cost, what decision would you make? c) After cost, what other factors should be considered before making a decision? |
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