Managing Projects (Department Elective II) — Winter 2018

List of activities for erecting a canteen in a factory is given below. Draw the AOA network and identify critical path. Precedence Normal Activity activity Duration A - B A C A D D E C, D, E Draw AOA network. Calculate EST, EFT, LST, LFT and total float for each activity. Also find the critical path and project duration.

Differentiate between PERT and CPM.

What is RACI matrix? Discuss its usefulness to project manager.

Discuss EVA for project control.

Discuss matrix organization structure for project. How it is different from project type organization structure?

“Project control should always focus on critical path.” Comment.

Discuss Time-Cost Tradeoff for scheduling of the project.

Consider a project as follows. Draw AOA network, determine expected project duration. What is the probability that the project will be completed in expected project duration? Activity A B C D E F G H Immediate Predecessor - A A C B, C B, C C D, E Optimistic Time 2 0.5 1 1 6 3 1 Most Likely Time 2 2.5 1.5 2.5 7 4 2 Pessimistic 8 7.5 11 7 8 11 3

What are some potential problems with top-down and bottom-up budgeting processes? What are some ways of dealing with these potential problems?

Discuss Critical Chain Project Management (CCPM)

Discuss Work Breakdown Structure (WBS) with an example.

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

Differentiate between general management and project management.

Discuss various skills to be considered in the selection of a project manager.

Discuss the trade-off among the three prime objectives of project management.

List and briefly describe the ways projects may be terminated.

What is Project? Discuss Project Life Cycle in detail.