Managing Projects (Department Elective II) — Summer 2019

The network for a certain project is shown in Figure-1. Determine the expected time for each path. Which path is critical? Figure-1

For the network as shown in Figure-2, determine T , Tand slack for various E L events. Present the computations in tabular form. Figure-2

Discuss the three goals of a Project.

Give difference between Project Management and General Management.

Explain the Project Manager’s roles to the Project.

Discuss the skill required for selection of Project Manager.

What is Project action plan? Construct an action plan for any project of your choice.

Briefly explain Work Breakdown Structure with any suitable example.

What is budgeting a project? Explain the methods of budgeting a project. 07\1

Enlist the processes of risk management and explain any three of them.

What is resource loading? How does it differ from resource levelling?

What is meant by Goldratt’s critical chain? How does it work?

Write a short note on Crashing of the Project.

What is Project Auditing? Explain the Audit Report.

Describe the three variances of an earned value chart and explain their significance.

Explain the project scope creep and project change control system.

List and briefly describe the ways projects may be terminated.