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MGMT 5205

This document contains a 7 question exam for a Project Management module. Section A contains 1 compulsory question asking students to draw a network diagram for project activities, outline a project manager's skills, and explain the differences between a project and operation. Section B contains 4 optional questions, asking students to define earned value management terms, calculate values for a project using earned value, discuss agile project management principles and roles, and describe risk management processes and Pareto analysis. The exam is worth a total of 100 marks and covers topics such as project scheduling, cost and schedule performance, organizational structures, activity duration estimation techniques, agile methodologies like Scrum, and quality control tools.

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53 views5 pages

MGMT 5205

This document contains a 7 question exam for a Project Management module. Section A contains 1 compulsory question asking students to draw a network diagram for project activities, outline a project manager's skills, and explain the differences between a project and operation. Section B contains 4 optional questions, asking students to define earned value management terms, calculate values for a project using earned value, discuss agile project management principles and roles, and describe risk management processes and Pareto analysis. The exam is worth a total of 100 marks and covers topics such as project scheduling, cost and schedule performance, organizational structures, activity duration estimation techniques, agile methodologies like Scrum, and quality control tools.

Uploaded by

Adam
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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MBA (General)

Cohort: MBAG/22A/PT

Examinations for Academic Year 2022-2023


Semseter II / Academic Year 2023 Semseter I

MODULE : PROJECT MANAGEMENT


MODULE CODE : MGMT5205

Duration : 3 Hours

Instructions to Candidates:
1. This question paper consists of Section A and Section B.
2. Section A is compulsory.
3. Answer any four (4) questions from Section B.
4. Always start a new question on a fresh page.
5. Total Marks: 100

This question paper contains 7 questions and 5 pages.


This question paper is printed on BOTH SIDES.

Sbmf-Aug/Sept2023Ex-PM
Project Management (MGMT5205) Page 1 of 5
SECTION A: COMPULSORY

QUESTION 1: (28 MARKS)


The activities for a particular project are listed below.

Activity Duration Preceding


(months) activity
A Product design 6 -
B Market research 3 -
C Production 4 A
analysis
D Product model 2 A
E Sale brochure 5 A
F Cost analysis 2 C
G Product testing 6 D
H Sales training 3 B,E
I Pricing 3 H
J Project report 4 F,G,I

(i) Draw a network for the project using the activity on node approach. You may use an
algorithm to determine the graphical logical dependencies among the activities.
(10 marks)
(ii) Outline the main skills that a Project Manager should possess. (9 marks)
(iii) Using brief notes explain the difference between a project and an operation.
(9 marks)
.

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Project Management (MGMT5205) Page 2 of 5
SECTION B: ANSWER ANY FOUR (4) QUESTIONS
QUESTION 2: (18 MARKS)
A Project has adopted Earned Value Method for the management of cost. The forecasted
duration of the Project is 10 months and the following cumulative planned value (PV) of
project cost are available:

End of 1 2 3 4 5 6 7 8 9 10
Month
Cumulative 100 200 300 400 500 600 700 800 900 1000
PV (000)

(i) Define the following terms:


(a) Earned Value (EV)
(b) Cost Variance (CV)
(c) Schedule Variance (SV)
(d) Cost Performance Index (CPI)
(e) Schedule Performance Index (SPI)
(f) Estimate at completion (EAC) (6 marks)

(ii) At end of Month 5 the actual cost of the project was Rs 575 000 and 55 % of the
project was completed. Determine EV, CV, SV, CPI, SPI and EAC for this project.
Assume that for this project cost performance will not change in the future.
(12 marks)

QUESTION 3: (18 MARKS)


(i) Comment on the issues uncovered by the Theory of constraints that contribute to
project failure in meeting deadline and budget. (9 marks)
(ii) With the help of short notes explain how Critical Chain project management can
address these issues. (9 marks)

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Project Management (MGMT5205) Page 3 of 5
QUESTION 4: (18 MARKS)
(i) Explain the different types of organizational structures and compare how projects are
tackled differently in these different organizations. (9 marks)
(ii) As a project Manager what are the tools and techniques that you can consider
available to you to estimate activity duration for any particular project. Give a fully
detailed answer. (9 marks)

QUESTION 5: (18 MARKS)


(i) The AGILE project management framework has led to the development of many
project management methodologies. At the heart of AGILE are core values that cause
a distinct shift from the traditional project management approach. Outline the agile
core values and comment on how they can reduce project failure. (6 marks)
(ii) Elaborate on the different roles in a SCRUM project management environment.
(6 marks)
(iii) Explain clearly the different events prior and after a SPRINT in SCRUM project
management. (6 marks)

QUESTION 6: (18 MARKS)


(i) The table given below summarizes the time-cost information for some related
activities. Due to project constraints it is required to complete the project 2 days before
normal schedule. Crash the project and calculate the project crash cost to meet the
requirement. (9 marks)

Sbmf-Aug/Sept2023Ex-PM
Project Management (MGMT5205) Page 4 of 5
Activity Dependency Normal Crash Normal Crash
duration duration cost cost
(days) (days) Rs Rs
A - 2 1 22000 22750
B - 3 1 30000 34000
C A,B 2 1 26000 27000
D C 4 2 48000 49000
E D 4 2 56000 58000
F B 3 2 30000 30500
G F 5 2 80000 84500
H E,G 2 1 16000 19000

(ii) Comment on the 3 point estimate technique used in Program Evaluation and Review
Technique (PERT). (9 marks)

QUESTION 7: (18 MARKS)


(i) Describe the steps in the risk management process as related to Project Management
(9 marks)

(ii) Explain the functioning of Pareto analysis as a tool for the control of quality.
(9 marks)

***END OF QUESTION PAPER***

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Project Management (MGMT5205) Page 5 of 5

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