Code: 20PM01T: Scheme of Valuation & Model Answers
Code: 20PM01T: Scheme of Valuation & Model Answers
(NARAYANA K JANNU)
Lecturer, Department of Mechanical Engineering
170- Government Polytechnic, Harihara
Mobile: 9886855531
SECTION - I
Q1. 1 (a). Define a project. Mention any three examples for projects you seen. – 5 Marks
Definition:
A project is a temporary, unique and progressive sequence of tasks that must
be completed on time to attain a certain outcome.
OR
Project is a temporary endeavor undertaken to create a unique product orservice.
OR
A project is a one-shot, time limited goal directed, major undertaking,
requiring commitment of varied skills and requirements.
OR
Project is a work plan which is scientifically devised with the right man for
the right work at the right time to achieve a specific objective within a certain set time frame.
OR
Project is a unique process, consist of a set of coordinated and controlledactivities with start
and finish dates, undertaken to achieve an objective confirming
to specific requirements, including the constraints of time cost andresource. (ISO10006).
Examples for projects:
1. High way road construction projects 7. Information technology projects
2. Metro rail project 8. Educational projects
3. Oil refinery projects 9. Construction of apartments
4. Power projects 10. Conducting national elections
5. Health projects 11. War execution
6. Automotive Manufacturing projects 12. Launching new weapon defense
system etc.
a. Normal Projects
Adequate time is allowed for implementation. All the phases in a project are allowed to take
their normal time, as measured previously Minimum requirement of capital. No sacrifice in
terms of quality.
b. Crash Projects
Requires additional costs to gain time. Maximum overlapping of phases is encouraged.
Simultaneous work, by subcontracting is the way out
c. Disaster Projects
These are projects, undertaken, due to unexpected nature’s calamities or fury like floods
results in rehabilitation of dwelling houses for affected people. Anything needed to gain time
is allowed in these projects. Round the clock work is done at the construction site. Capital
cost will go up very high. Project time will get drastically reduced.
1 (d). Give an outline about different sectors where project opportunities are available as
a project manager / project consultant. - 5 Marks
Construction Sector Marketing and sales
Manufacturing Sectors Supply chain management
Production fields IT Sectors – cyber security etc.
Health care Education sectors
Power Generation Defense
Automotive / aerospace Refinery Sector
2 (b). Explain Generalized work breakdown structure (WBS) with a neat sketch.
– 6 Marks
SECTION - II
Q3. 3 (a). Collect the perquisites for any successful project implementation - 5 Marks
Some of the important prerequisites are
1. Adequate formulation,
2. Sound project organization,
3. Proper implementation planning,
4. Advance action,
5. Timely availability of funds,
6. Judicious equipment tendering and procurement,
7. Better contract management,
8. Effective monitoring.
SECTION - III
Q5. 5 (a). State the need of project planning in project management. - 5 Marks
Project Planning is all about designing effective policies and methodologies in order to attain
or fulfil project deliverables or project scope or project objectives. Project planning is
thinking before doing. Reasons for need of project planning are:
1. To completely define all work requested so that it will be readily identifiable to each
project participant
2. To eliminate or reduce uncertainty
3. To improve efficiency of the operation
4. To obtain a better understanding of the objectives
5. To provide a basis for monitoring and controlling work
5 (b). Why project evaluation needed in project management cycle. - 5 Marks
Project Evaluation is a step-by-step process of collecting, recording and organizing
information about project results, including short-term and longer-term project outcomes
Reasons for need of project evaluation are:
Project evaluation provides answers to several aspects such as:
• Progress made.
• Effective and efficient use of resources.
• Desired output achieved.
• Improvements to be made for better outcome.
• Success factors
• Whether the results justify the input etc.
Project
Sl. Project Estimated Time % of time Reasons for
actual
No. Description time Overrun Overrun time overrun
time
Showroom &
2. 10 Months 16 Months 6 Months
office
Office
5. 8 Months 12 Months 4 Months
Complex
Q6. 6 (a). Write the steps required in any project control. - 6 Marks
There are two important steps in the project control viz;
1. Establishment of controls.
2. On-going controlling activities using above controls. - It is nothing but controlling a
project when it enters the production period using the controls established during the
initiation period.Control during the production period involves four steps. They are
Bar charts:
Bar charts are the two-dimensional pictorial representation of a project. In a bar chart,
the activities of the project are shown on one axis and their durations are represented
on the other axis. The bars can be plotted vertically or horizontally. A vertical bar
chart is sometimes called a column chart.
A bar chart helps to review the project progress, allows for rescheduling the project
and highlights the critical activities and other bottlenecks in the completion of the
project. A bar chart, however, is normally suited to small projects. It cannot take into
account the uncertainties in activity duration nor represent the interrelationships
between the various activities of the project.
SECTION - IV
Q7. 7 (a). List the various tools available for project planning. - 4 Marks
The various tools available for project planning are,
1. Gantt Charts
2. Bar Charts
3. Flow Charts
4. Time estimates
5. Product design print
6. Network Diagrams
7. CPM – Critical Path Method
8. PERT – Project Evaluation & Review technique.
9. WBS- Work Breakdown Structure
10. Velocity Diagrams
Sl.
PERT CPM
No.
It is appropriate where the time It is appropriate when the time
1 estimates are uncertain in the duration estimates are found with certainty in
of activities. the duration of activities.
It uses three time estimates for It uses only one-time estimate for the
2
the performance of an event. Activity and which is constant
3 It is concealed with the events. It is concealed with the activity.
4 It is suitable for non-repetitive projects. It is suitable for repetitive projects.
5 It can be analyzed statistically. It cannot be analyzed statistically.
6 Time is the direct controlling factor. Cost is the direct controlling factor.
The circle stands for an event and the The circle stands for an activity and the
7 line connecting the circles represents an line joining the circles represents an
activity. events
It is applied to research development
8 It is applied to the construction.
industries.
8 (c). The three time estimates (to), (tm), (tp) for each activity in a project are given below.
Determine the expected time for each activity and also calculate the standard deviation
of the project. – 10 Marks
Time Estimates
Activity
to tm tp Note:
1-2 9 12 21 to - Optimistic Time
1-3 6 12 18 tm - Most Likely Time
2-4 1 1.5 5 tp - Pessimistic Time
3-4 4 8.5 10 te - Expected Time
2-5 10 14 24
SECTION - V
Q9. 9 (a). Define critical path, total float and free float. – 6 Marks
Critical path:
Critical path is the longest sequence of connected activities through the network. Critical path
has zero slack time. The activities in the critical path are called critical activities. They are
critical in the sense that delay in any of the activities results in the delay of completion of
project.
Total Float:
It is the difference between maximum time available to perform the activity and activity
duration. The maximum time available for any activity is from the earliest start time to latest
completion time.
Free Float:
Free float is the time by which completion of an activity can be delayed without delaying its
immediate successor activities.
Each activity of the project consumes some resources and hence has cost associated with it. In
most of the cases cost of an activity will vary to some extent with the amount of time
consumed by the activity. The cost of total project, which is the aggregate of the activity costs
will also depend upon the project duration. Thus by increasing the costs, the project duration
can be cut down to some extent. The aim is always to strike a balance between the costs and
time and to obtain an optimum project schedule. An optimum project schedule implies lowest
possible cost and the associated time for the project. The total cost of any project consists of
the direct and indirect costs involved in its execution.
Often there may be compelling reasons to complete the project earlier than would be the case
The Path: 1-2-4-5-6, the longest in time takes 44 days, Therefore, is the Critical path. It is
represented by Double lines in Network Diagram.
Note: Any other network method to find critical path other tan this also can be considered.
10 (c). Discuss the use of IoT application in Digital project management. - 5 Marks
Over 9 billion ‘Things’ (physical objects) are currently connected to the Internet, as of now.
In the near future, this number is expected to rise to a whopping 20 billion.
4. Smart cities - to assist the infrastructure planning of an entire smart city, air quality
monitoring, Earthquake detection, Radiation detection/hazardous gas detection
6. Smart homes / Home automation such as, auto lighting and electricity monitoring,
Home security systems, Smart Air conditioning systems, Smart Washing machine.
1. Agility - The freedom to experiment, test new ideas to differentiate customer experiences,
and transform your business.
2. Elasticity- scale the resources up or down to instantly grow and shrink capacity as your
business needs change.
3. Lower IT costs (Cost savings)- The cloud allows you to trade fixed expenses (such as data
centers and physical servers) for variable expenses, and only pay for IT as you consume it.
Plus, the variable expenses are much lower than what you would pay to do it yourself
because of the economies of scale.
4. Deploy globally in minutes-With the cloud, can expand to new geographic regions and
deploy globally in minutes. For example, AWS has infrastructure all over the world, so can
deploy your application in multiple physical locations with just a few clicks.
1. Healthcare companies are using the cloud to develop more personalized treatments for
patients.
2. Financial services companies are using the cloud to power real-time fraud detection and
prevention.
3. Video game makers are using the cloud to deliver online games to millions of players
around the world.
4. IT companies use data backup, Disaster recovery- Rather than building more data centers
to ensure continuity during disasters, businesses use cloud computing to safely back up
their digital assets.
-: CERTIFICATE: -
It is Certified that the Model answers prepared by me for the paper and paper code:
Project Management Skills - 20PM01T are from prescribed text books and model answers and scheme
of valuation prepared by me are correct.
(NARAYANA K JANNU)
Lecturer, Department of Mechanical Engineering
170- Government Polytechnic, Harihara
Mobile: 9886855531
NOTE: Similar / Relevant answers are also to be evaluated as per the Scheme of Valuation
SECTION-I
1. (a) Define project and mention any two projects you see in daily ife 2
OR
Mention any two features of a project.
SECTION-II
2. (a) Define project administration and mention any two tools used in project
administrative system. 4
OR
Mention the types of project teams and write atleast two advantages of
effective team.
(b) Explain the use of project design concept in any project and discuss the steps
involved in it.
OR
Describe the use of Project Procedure Manual (PPM) and Project Execution
Plan (PEP) for the successful implementation of the project.
1 of 4 [Turn ovver
20PM01T of 4 2715
5
(c) Develop a Work Breakdown structure for the construction ofa collegebuilding,.
OR
Develop a Work Breakdown structure for the software development project.
OR
Analyse the prerequisites for successful project implementation.
SECTION-II|
3. (a) List the different phases of project management life cycle. 4
OR
List any four components of project planning.
(b) As a project manager, discuss the Cost management and Quality management. 6
OR
As a project manager, discuss the change management and procurement
management.
(c) Discuss the application of sensitivity analysis technique for the assessment of
risk. 5
OR
Discuss the application of scenario analysis technique for the assessment of
risk.
(d) A state highway project was planned to implement with an estimated budget of
40 crores. However, after the completion of the project, it was found that the
project total cost was 45 crores. Analyse the possible reasons for the increase in
cost of the project.
OR
SECTION-IV
4. (a) Write the functions of project planning. A
OR
List the tools used for project planning.
(b) Briefly explain time estimate and its components. 6
OR
Describe situation analysis and mention atleast six techniques to collect
information to conduct situation analysis.
(c) Explain the application of "SMART" tool for setting goals and objectives.
OR
Describe the application of Gantt chart for project planning.
SECTION-V
5. (a) List any four purposes of project contro.
OR
(c) Explain the application of eritical path method (CPM) in project management.
OR
Explain the application of Program Evaluation and Review Technique (PERT)
in project management.
(d) Construct a network diagram for a project whose activities and their
predecessor relationship are given below.
Turn over
20PM01T 4 of 4 2715
Develop the network diagram for the following activities with corresponding
time estimate.
Time estimate
Activity
m
1-2 9 12 21
1-3 6
12 18
2-4 1.5 5
3-4 4 8.5 10
2-510 14 24
4-5 1
2 3
SECTION-VI
6. (a) Discuss the application of cloud
technology in project management.
OR
Discuss the application of Internet of Things (lOT) in project management.
(b) Discuss on how smart city projects can be
technologies. developed using digital
5
OR
Discuss on how digital technologies can be used in Education.
Diploma Examinations, MarlApr-2022
II Semester
PROJECT MANAGEMENT SKILLS (20PMO1T)
Scheme of Valuation
Instructions:
i) Answer all the sections.
(ii) Sections I and VI carry 10 marks each.
(i) Sections II, III, IV and V carries 20 marks each.
(b) Definition. 02
OR
List at least 2types of projects. 02x01-02
(C) Briefly deseribe the role. 03
OR
Briefly describe the role. 03
(d) Brief description. 03
OR
Any3 Diference 03
Section -II
2 (a) Definition and any two tools. 02+02-04
OR
Mention at least four types and twoadvantages. 02+02=04
(6) Design concept and three steps. 03+03-06
| OR
Brief description of PPM and PEP. 03+03-06
(c) WBS for construction of college building. 05
OR
WBS for software development 05
(d) Brief explanation. 05
OR
Brief explanation. 05
Section-III
3 (a) Four phases. 04x01=04
OR
Any four components. 04x01=04
(b) Brief description of cost management and Quality 03+03-06
management.
OR
Brief description of Change management and 03+03-06
procurementmanagement.
(c) Brief explanation. 05
OR
Brief explanation. 05
(d) Minimum 05 reasons. 05x01=05
1
OR
Minimum 05 reasons. 05x01=05
4(a) Any four functions.
Section-IV
04x01=04
OR
Four tools. 04x01=04
(b) Brief description of 3-time
OR components. 03x02-06
Brief description and six techniques. 03+03-06
(c) Brief explanation.
OR 05
Brief explanation. 05
(d) Brief explanation.
OR 05
Brief explanation 05
5 (a)
Any four purposes. Section-V
OR 04x01=04
Any four objectives.
(b) Brief explanation of 3 steps. 04x01=04
OR 03x02=06
Brief explanation of two ways.
(c) Brief explanation. 03+03-06
OR 05
Brief explanation.
(d) Network diagram. 05
OR 05
Time estimate +Network diagram.
(a) Section VI 02+03=05
Brief description.
OR 05
Brief description.
|6 (b) Brief explanation. 05
OR 05
Brief explanation.
05
Section -I
Definition 1: In general, project is a work plan which is scientifically devised with right man for the
1 (a)
right work at the right time to achieve a specific objective within a certain set time frame. (1)
OR
unique product or service or
Definition 2: Project is a temporary endeavor undertaken to create a
OR
controlled activities with
Definition 3: Project is a unique process, consist ofa set of coordinated and
start and finish dates, undertaken to achieve an objective confirming to specific requirements,
OR
Some of the features are: (any fwo features)
4) Have a specific time frame for completion with a definite start and finish.
fcatures: a project manager. the project team and the project management system. Project
management is the application of knowledge, skills, tools, and techniques to project activities to met
the project requirements. It enable organizations to execute projects effectively and efficiently. (2)
OR
Different types of project are (any two types)
1) Normal ProjectsS
3
2) Crash Projects
3) Disaster Projects
(2)
1 (c)| The role
of project manager (any 3 points)
) Project Manager plays a pivotal role in the entire project team and accelerates its
activities.
2) He holds the overall control of
the project and responsible for its execulion and
performance.
3) He is involved in
planning the work. monitoring. directing and leading the team
members|
and sccks to rcach the
project goal in time-cost-quality challenge
4)He should maintain a
project dairy to record the activities and
5) He should progress of the projeet.
ensure timely availability of the resources and take action to
the necessary reduce
wastage of the resources
OR (3)
The role of
project coasultants (any 3
points)
) Consultants prosdc guidance as well direction to the
as
to the projeets from the fomulation state
completion and post project
evaluation state
2) Thcy provide tnc audv antage of
enpertiwe
3)Thcy fill the gap when thcre in o in-house
4) Thcy facility available
pro de thc astanc especially tor
projects with new
technology
tcchnolog or
imported
$) Thcy assest the
Project managct of the projcct team to
6) achieve cost control and time
They assund to
pecpatc control
appeuptiatc ctmatc an ellectve and
efliient managenient of ihe
eoutc
(3)
Montoring and Controllng Processes
Planning Proo0
Proc
Exng Procos
It the applaaton of know ledge. sáills, towls and
objetives 1his tnolhes the applicaton and techniqucs tu project activities to meet the
project
integratinf the five prnject management
as
initiatng. plann1ng. civutng. process such
montoeng and controlling and
the person
responible fur accomplishuny the pruject clesing. The
Project Manager i
objcctt es (3)
OR
Difference between project and operation. (any 3 difference)
ongoing and permanent with a
1) Projects are unique and temporary, while operations are
repetitive output.
the business.
2) Projects have a fixed budget, while operations have to earn a profit to run
executed to start a new business objective and terminated when it is ach ieved,
3) Projects are
while operational work does not produce anything new and is ongoing.
aim
while operations produce the same product,
4) Projects create a unique product or service,
to earn a profit and keep the system running.
done for the first time, while in operations
5) There are more risks in projects as they.are usually
there are fewer risks as they are repeated many times.
Section- II for
Administration is the process of providing a project management service
2 (a) Project
the planning, tracking, and reporting responsibility.
theproject teams and relieves them of most of
tasks required for the
They assist a project manager by performing many of the administrative
administration
smooth running ofthe project. Some of the tools used for effective projective project
Execution Plan (PEP 3) Project Procedure
are: 1) Work Breakdown Structure (WBS) 2) Project
Manual (PPM).
(242)
OR
Different types of a project teams are : (Any four types)
. Initial project teanm
2 Project manager
3. Core project team
4. Full project team
5. Project advisors
6. Project stakeholders
7. Process facilitators
Various advantages are: (Any two advantages)
Elet planbin
H - katevaki Many dn
OR 6)
6
A general WBS for software
development project.
Softha
Develu
Setar
unit
Desnt t Co
Vni
S i
ni
(5)
2 (d) Eftective communication is often the foundation of successful projects. Good communication can
unite team members and stakeholders to a project's strategy, objectives and budget. It can also enable
everyone involved in the project to understand his or her roles, which may make them more likely
to support the project. Without effective communication, projects can incur more risk and fail to
meet desired outcomes. According to Peter F Drucker, 63% of management problems are due to
faulty communications. For a successful project implementation, a two-way communications system
is essential. For that matter, the entire process of direction, co-ordination and control in a project
revolves around communication. (5)
OR
Time and cost overruns make the project uneconomical. This also leads to shortage ofresources for
other projects. In order to minimize time and cost over-runs during the implementation of a project.
it is necessary to study about the prerequisites for successful project implementation. Keeping checks
on these prerequisites help to improve prospects of successful completion of projects. Some of the
1
Following are some of the components ofproject planning (Any four components)
. Resource plan
2. Financial plan
3. Quality plan
4. Risk plan
S. Acceptance plan
6. Communication plan
7. Procurement plan
3 (6)
(4)
Cost management
The cost
management process monitors and records all costs within a
by team members using
project. The costs are recorded
expense forms. The project manager will review and approve these forms
before the expensive items are purchased. The cost
to
management process will help the project team
accurately record all the costs and track them in such a
way that the total cost of the project is
within the budget of the
project.
Quality management
The project quality management process aims to
improve the quality of deliverables produced the
project. The objective of the quality by
management process is to enhance the ability of the
to produce
deliverables which mect the project team
specifications and satisfy the customer. The
management process has two components, viz quality
quality improvement process and
process. quality assurance
OR (3+3)
Change management
The change
management is a process in project
management which is used to manage all
change within the project. When the request for
project is evaluated and approved at a
certain specifications. But, when the beginning, it is with
project is in progress, the sponsor may
in the
specification of the project. As a project team which is request certain changes
sponsor it is highly essential to working to satisfy the request of the
incorporate the changes which are
course of the
project execution. suggested by the sponsor in the
Procurement management
In project management, mostly the goods and
services are purchased from the
Under such situation, the external sources.
procurement management process will
goods and services from the external help the project team to purchase
suppliers more efficiently. This process will
give a complete
set of guidelines to issue purchase orders, receive and approve deliveries, endorse supplier payments
OR alternative possible
Scenario analysis is a process of analyzing future events by considering
the
outcomes. Scenario analysis is conducted, to analyze the impacts of possible future events on
9
7. Poor administration.
8. Poor planning. ()
Section IV
4 (a) |Functions of project planning (Any four functions).
1) It should provide a basis for organizing the work on the project.
2) It allocates the responsibilities to individuals.
3) It is a means of communication and co-ordination between all those involved in the project.
2. Surveys
10
3. Discussions with individuals, specific groups and the community as a whole
4. Interviews
5. Observations
6. Listening to people;
7. Brainstorming
8. Informal conversations
9 Problem tree
(3+3)
finite sub-
statement ofwhat should be done to solve a problem. Objectives are
4 (c) A goal is a general
objectives should be "SMART."
should be specific in order to be achievable. The
set of a goal and
They should be:
and how the situation will be changed
Specific: clear about what, where, when,
Measurable: able to quantify the targets and benefits
Achievable: able to attain the objectives
Realistic:able to obtain the level of change reflected in the objective; and
Time bound: stating the time period in which they will each be accomplished. (5)
OR
broken down into a series of well-defined jobs of short
In a Gantt chart, the activities of project are
duration whose cost and time can be estimated. It is a tool in which the activities or jobs are
indicate the progress actually made up to the date. The length of the progress line is then drawn to
project manager. The objectives of the project may be technical objective, performance objective.
time and cost goals. Policies are the general guide for decision making on individual actions. Some
of the policies of the project are, extent of work given to outside contractors, number of contracts to
11
answers to several aspects such as progress made, desired output achieved, improvements to be made
for better outcome, whether the results justify the input etc, (5)
Section V
5 (a) Purposes of project control. (Any four)
1. To control the progress of the activities.
2. To control the performance of the project activities.
3. To control the project schedule.
4. To have the control over the project cost.
5. To have control over the delays in project activities.
Step 2: Preparing the statements of project current and future status, giving a detailed list of
completed work as compared with the project's performance baseline, recording the cost and qualiy
aspects, record keeping, working methods and communication aspects.
Step 3: Conducting preliminary analysis and presenting results in the form of audit report.
(6)
OR
The performance evaluation is done periodically and it measures the performance of the project on
an ongoing basis. The performance evaluation may be done in terms of economic rate of return on
investment or book rate of return on investment.
12
1) Economic rate ofreturn for a given year (Cash flow +Changes in present value) / Present
is used for scheduling special projects where the relationship between the different parts of project
schedule
drawn. After this the required Time or some other
measure
of them combined to develop a
CPM marks
which minimizes or maximizes the measure
of performance for each operation. Thus,
concentrates on them. (5)
critical activities in a project and
OR
Program Evaluation and Review Technique (PERD
PERT is a time-event network analysis technique designed to watch how the parts ofa programme
can be measured at a given time. Each arrow represents activity, which are the time consuming
elements of a program. The activity time is the lapsed time required to accomplish an event. Finally,
(5)
13
OR
2+3=5)
6
Section-VI
(a) A cloud-based project management software
coordinates the planning,
and
collaborating, monitoring,
delivering of a project. It allows project managers and teams to get work done using a network
oftools available within the software, rather than using a plain old whiteboard and
sticky notes. The
use
of project management software scales from business to business--and team to
team. in But, all,
it is
designed to make managing projects and deadlines easier and more effective.
Cloud Technology
allows the people to use the
digital resources stored in the virtual space by the way of
networks, often
using satellite network. It allows people to share the information and
without being the restriction of their
applications across the internet
physical location.
(5)
OR
Internet of Things (loT) and sensors are used to get real-time information from various
connected
devices and predict the outcome. In
project management, the loT technoBogy will fundamentally
alter the speed of project execution.
Organizations that adopt loT will complete the projects in a
speedy manner. The loT intersects with project management on
everything from team collaboration
to data collection and can
expect real time status reporting via loT to user in a new era of
dynamic
planning and execution. Data collection will happen on a large scale
allowing leaders to make more
informed decisions. Inventory and resources wil! be easily monitored at all times. Devices can
automatically and
respond what is happening around them reducing the need for human
sense to
14
decisions that improve quality
of life. |
municipalities, enterprises and
citizens to make better
access to all the
benefits of a smart
be the interface which provides
Augmented Reality (AR) can
(5)
city.
OR devices and resources that generate, store
or
are electronic tools, systems,
Digital technologies student
of digital learning tools in classrooms can increase
process data. The effective use
It also
facilitate personalized learning.
teachers improve their lesson plans, and
engagement, help Virtual Reality (VR)
Reality (AR) and
helps students build essential 21st-century skills. Augmented remote learning,
and diversity in
education including
technologies offer great opportunities technology-based tools
collaborate on group projects using
interactive learning et., Students can
learners
and working collaboratively where
which enables new ways of learning, communicating.
or technology for
or open-ended learning
programs or applications designed for problem solving
use
(5)
interactive whiteboards or learning platforms.
teachers, such as
15
Code : 20PM01T
1235 Register
Number
SECTION-I .
3. (a) Define :
Manual (PPM)
(9 Project Procedure 6
() ProjectExecution Plari (PEP) projectimplenentation. college.
for'successful 6
() Describe the pretequisites events ofa
(WBS) forsports
Structure
(c) Develop a Work Brèakdownn
communication in aproject.
() Analyse the importance of
6
arid explain any two tezns.
4. (a) List the different types of project teams
coDnünication.
(6) List the steps to be taken for efectiíve 5
considered while selecting the project téam members.
(C) Develop the factors to be
() Analyse the steps involved in project direction.
SECTION-1
4
() Stato any four functlon of project planning. 6
(b) Discuss the functiona of projoot audltot (ar1y stx).
() Draw the project planning structuro.
() Constuct a Gantt chart for the given projoot.
Joba Start Day Duratlon Manpower
J-1 0. 4
J2 2
J-3 4
J4 8
J5 11 4
|
K.
1
M L 1 2.
M.
[Tun over
5
10. ( Distinguish betwecn PERTsdcPM in project naanagemient
(6) Digsuss fnc applications ofItenet ofThings (loT).
(c) Lit the bencfits ofAR nd VRin project management.
( Analyse the teps in poject auitprogram.
SECTION-I
1(a) List any Eight features of a project.
Foll wing are some important features ofa project: similar)
> Uniquc in nature. (No two projects arc cxactly
> Have definite goals (objectives) to achicvc
and finish.
> Require set of resources.
completion with a defièite start
> Haveaspecific time framc for growth, maturity decline
and
> Projcct has alife cycle reflected by start.
> Involves risk and uncertainty approach.
interdisciplinary
> Requie cross-functional teams and projectthroughout itslife.
> Change is an inherent fcature innany D6
3. Disaster Projccts
unexpected situation like: nature':
These are projccts arc undertaken due o
calamities
for afccted people.
or floods etc. These provide rehabilitation
n these projects.
Anyhing needed to gain time is allowedconstruction site.
the
Round the clock work is done st
Capital cost willgo up very high is of upmost inportance
Projcct time willget drastically reduced as
OR
Discuss any TREE needs and any FIVE main jobs of Projeet consultants. 08
2(c)
Need of Consultants
a. When a project with rew technclogy is undertaken.
b. When the in-house consultant is incapable of meeting the requirement of the
project.
c. When there is no in-house facility available in the organization.
d. When the project isexecuted on the basis of imported tecnology and knowhow.
e. Toavail the advantages of expertise available with the outside consultants.
SECTION-1I
3(a)
Procedure Manual (PPM)and Project Execution Plan
(PEP). 04
Project Procedure Manual (PPM):
> The project procedure
> It is manual gives a complete picture about the
intended to guide project system.
It has to be prepared in such managers.
a way that the agencies are
roles and mutual relationships in able to see their
A
Preparation of a project achieving the common goal.
management sub system. procedure manual should start with each project
> It contains the instruction for
terms of the handling the project in accordance with the
contract.
Project Execution Plan (PEP):
> The Project Execution Plan is the
governing document that establishes the
means to execute, monitor, and controi
It is a document that projects.
describes the objectives we want to achieve in a
company winh the time and resources needed along with the costs,
benefits, etc. quality,
> PEP includes four sub-plans. These are:
Contracting Plan
ii. Work packing Plan
Organization Plar:
iv. Systems end Procedurc Plan
4) Advane Action:
When the projoct appcars to be operational, ndvance action on the
follow ing activtie May be initiated.
Acquisit kon of land,
Seruring Ccntial clcaranccs,
ldentify ing trhnical consuhants,
Aranging infrastructure facilities,
Preliminary design and enginccring.
Calling of tenders.
S) Availability of Funds:
Once a pojt s approved, adequate funds must be made available to meet
its roquemcnts as pcr the plan of implementation.
6) Effetive Monitoring:
To kocp a track on the progress of theprojcct, a system of monitoring must be
establishod.
Aticipating deviat ions from the implenentation plan.
Analysing cmerging problems and resolving it at the carliest.
Taking corrective action.
3(c) Develop a WBS for sports cvent of a college. 66
Spoits event
OR
Geseralied work breakdown structure.
Lnd
Lt
OR
06
4(a) List the different types of project team and explain any two project teai
Project team can be classified as
a) Initial project team
b) Designated projcct leader/manager
c) Core project team or project steering conmittee
d) Full project team
e) Project advisors
f) Projeci stakeholders
g) Process facilitators.
GANTT CHART
12 14 15
2
OR
05
8(2) List any FIVE Time Monitoring efforts.
overall project implementation
1. Devekopment of project execution plan and
schedule.
of contract for scheduling and mcntoring.
2. Preparation ofspecial condition schedulirg
3. Evauation ot bids in relation to and monitoring.
reports submitted by vendors
4. Review the detailcd schedules and progress
and contractors.
coractcrs and vendors.
5. Reviews with owner, Consultants,
6. Project audit znd corporatereview.
owners.
7. Monthly progress report to the informatiousystern.
8. Installation and operaiicn ofan on-line
9. Onjob training fcr on-going schedule and monitoring.
Reasons
8(b) |Defne project evaleation and
O Project cvalaation: Project Evaluation is a step-by-step process of collecting,
about project resuts, including short-term
recording and organizing information
and loDger-term project outcomes
() Reasons of project evalaation
Projcct evaluation provideS answers to several aspects such as:
Progress made.
Effective and efficient use of resources.
Desied output achieved.
Improvements to be made for better outcomK.
Success factors
Whether the resuits justify the input etc.
A Start Nil
8
Design
Build frame
1
D Build doors
C 1 3
E Fix axles, wheels and fuel tank
7
F Build body shell
1 2
G Fit doors to body shell D, F
6 5
H Build and test engine
3 3
Assemble and test chassis E, H
2 4
Paint body
K Interior 1
1 3
|Mount body to chassis I,K
M Road test the car L
1 2
N Finishing tuuch M
OR
1/%
0+8+2+1+3+1+1+1= 17 days
Path-1, 1-2-3-6-8-10-11-12-13
0+8+6+3+1+1+1 = 20 days
Path -II, 1-2-3-8-i0-11-12-13
0+8+3+1+2+1+1+1+|= 18 days
Path-III, 1-2-3-5-7-9-10-11-2-13
0+8+1+0+1+2+1+!+1+1 = 16 days
Path -IV, 1-2-3-4-5-7-9-10-11-12-13
which takes 20 days. This
The longest path is: Path-II, 1-2-3-8-10-11-12-13 represents the critical path by
path is called the critical path. The network diagram
khick arrOWs to indicate the critical path.
SECTION-V
03
|9(a) Various pkascs of Project Review
1. Jnitialreview
2. Performance evaluation
3. Abandonment ana!ysis
abandonment
4. Bchavioural issues in project
budgeting
5. Administrative aspecis of capital system of an organizatior
6. Evaluating the capital budgeting
Discuss the differences between Augmented reality (AR) and Virtual reality. 05
9(b)
Augmented Reclty Virtual Reality
LCombination of digttalsnd real world. 1.Totally articaldgtal world.
2.User experlence is partlally immersed.|2. Complete sense of Immerslon.
smart3Special hardware equlpment s
3. Camera-enabled devices suchas |requlred (Microsoft Hololense, HTC vve,
phone, tablet or smart glasses are Google daydream, etc).
requlred. Desktop and lap-top are notOculus rght,
sultable because of Its fbed camera
position, unless an external amera s
used.
4. Latest versions of common operatng |4. Special software ls requlred.
systems are good enough (Androld, Ios,
Windows).
s.intal cost ls lower than the VR. 5. Inltal cost s higher than the AR.
PERT CPM
Stands for "Project Evaluation and Stañds for rtcal Patth Metiod".
Review Techníque".
PERT Is appropriate where time CPM is good when tlme estimate's are
estimates are uncertain for activities. foünd with certäinty.
ts concerned with events, which are the | ItIs concerned with actvities,
beginning or ending polnts of operatlon.
Sutable for non-repetitive projects. Suitable for repetitive projects.
Can be analysed statistlcally. Cannot be analysed.
PERT IS not concerned with relationship CPM establshes a relationship between
betwean time and cost. tIme and cost.
ts probablstic in nature. Itis deterministic In ature.
It can be appled only for big projects. It can be applled for both blg and small
projects.
Itis based on THREE-ime estlmates. Itis based on SINGLE-tume estimate.
(Project
tbat the model answers prepared by me for code No 20PMO1T scheme of
Certified book and model answers and
managementSkills) are from prescribed text
are correct.
valuationprepared by me RAVI KUMAR B
LECTURER
Department of MechanicalEngg,
364-Sri Venkateshwara Polytechnic
Bannerughatta, Bangalore 83
Code: 20PM01T
1400 Register
Number
II Semester Dipróma Exaril#ätón, August/september-2022
PROJECT MANAGEMENT SKITLLS
Time: 3 Hours] [ Max. Marks,: 100
Instructions:() Ansiwet any.onefull questionftom each$ection-1,2,3,4 and 6.
Gi) Each onefall question.caries 20maks ,'iri.
ii) Answers to be spepeific and to the point.
'
SECTION-1
1. (a Define
Project
(i) Internet of Things (dOT)
)Match the.foHowing )
» NóÝ W
All the phases take their normal time in
Augmented reality
(ii) Projects ndertaken,due to the 6) Normal projct,
unexpected calanities
Git) Adtitional cóss dreequired to gatn Vial reality
timein i
(iv) Video garnèsare exaiple-for
Cloud
() Coimbitatjohöf digiátandralWoitdi r Cash projet
(vi) Virtual storage exists on theinteme Disaster pröject
List the five characteristics of Project Manager, 5
Analyse anyfive benefitsöf AR'änd VRin projéct tiánagerient*"
Deekshit: Kumar U R, Lecturer, Mechanical Dept. KVGP, Sullia (E-mail: deemechkvgpegmail.com) Page ) of 27
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 [Code: 20PM01T
1400
20PMO1T 2 of 4
SECTION-2
tean
3. L i s t the different types of project team and explain'
any two project
5
(6) Explain project diary with three advantages.
.
()Analysetheprerequisitesfor successftul project implementation.
SECTION-3
5. (a) List the four phases in Project. Manageuent
Lify, Cycle and explain any one
.
phasé;
.
its limitations.
(b)ExplaintBest andWorstcase.analysis and mention
Show thedifferent types ofprojectrisks aänd explain any two.
with an estimated budget of 4000 ororès.
(d) A metro ptoject was planned
However afterthe completfon of the project, it was found that the total project
cost was 4300 crores, Analyse the possible reasons for the increäse in cost of
the project.
: . '
20PM01T 3 of 4 1400
SECTION-4
1. (a) () Define Project Evaluation. 5
.
J-1
J-2 .
2
J-3
J4
J-5 4
SECTION-5
9. (a) List any five usès ofNetwork Techniques.
(b) Distinguish between PERT and CPM in Project Management.
ITurnover
Deckshith Kumar U R, Lecturer, Mchanical Dept. KVGP, Sulia (E-uail. deemechkvgp@gmailcom) Page 3 of27
20PMO1T}
MANAGEMENT SKILLS (Scheme of valuation &
Answer key) Aug/Sep-2022 [Code:
-
PROJECT
1400s
20PMO1T 4 of 4
and preceding
(c)Developa network diagram for a projéct whose activities
actvities with duration aro given below:
Acttvity Predecessor Duratlon
A
D
C
G D,E
H
deilti,
5
(d) Analyse the fiunctions of Project auditor.
Control.'*:*
*9**
*a
10. () ( List anythree purposes of Project
Listany fourobjetivesofPject Review
(6) Explaininitial review in aproject.
*
" **.
[email protected]) Page 4 of 27
Deekshith Kumar U R, Lecturer, Mechanical Dept. KVGP, Sullia (E-mail:
(Scheme of valuation &
Answer key)- Aug/Sep-2022 [Code: 20PMO1T]
PROJECT MANAGEMENT SKILLS
Scheme of Valuation
Instructions:
each SECTION 1, 2, 3, 4, and 5.
Answer one full question from
-
1.
marks.
2. Each one full question carries 20
3. Answer to be specific and to the point
Marks
Q. No. Question breakup
SECTION-1
02+02=04
1(a) () Definition. (02)
i) Definition. (02)
06x01=06
1b) Match the following.
05x01=05
List any five.
05x01=05
1(d) Any five benefits.
OR
difference. 04x01-04
2(a) Any four differences, 01 marks for each
03x02-06
each diffèrence.
2(6) |Any three differences, 02 mark for 05x01=05
Any five features.
2(c)
Any five applications. 05x01-05
2(d) SECTION-2
03+02-05
3(a) List any three types(03x01=03) and explain any two (02x01=02).
02+03-05
3(b) Explain (02), any three advantages (03x01=03).
WBS construction. 05
3(c)
05
3(d) Brief explanation.
OR
Any five advantages.
05x01=05
|4(a) | 2.5+2.5-05
Brief description of PPM and PEP.
4(b)
Any five factors.
05x01=05
4(C)
4(d) Brief explanation. 05
SECTION-3
List four phases (04x01=04) and explain any one (01). 04+01=05
S(a)
Explain (02), limitations any three (03x01=03). 02+03-05
5(b) Name any three types (03x01=03), explain any two (02x01=02). 03+02-05
5(c)
for cost 05x01=055
S(d) Any five reasons overrun.
OR
Definition (02) and list any three types (03*01=03). 02+03-05
6(a)
2.5+2.5-05
of time and cost
6b) Bricfdescription overrun overrun.
05x01-055
List any five roles.
|6(c) 05x01-05
6(d) Any ive reasons for time overrun.
Page 5 of°7
Deekshith Kumar UR, Lecturer, Mechanical Dept. KVGP, Sullia (E-mail: deemechkvgpgmail.com)
of valuation & Answer key) Aug/Sep-2022 [Code: 20PM01T
-
Marks
Q. No. Question breakup
SECTION-4
02+03=05
7(a) i) Definition (02)
Gi) List any three reasons (03x01=03)..
05x1=05
76) Any five functions.
7(c) ) Explanation (02) 02+03-05
i )List any three purpose (03*01-03).
7(d) Brief explanation. 05
OR
8(a) () Definition (02) 02+03-05
Gi) List any three tools (03x01=03).
8(b) )Explanation (02) 02+03-05
i ) Distinguish one each (03x01=03).
8(c) Developing Gantt chart. 05
8() Brief explanation. 05
SECTION-5
9a) | Any five uses. 05x01-05
96) Any five differences, 01 marks for each difference. 05x01-05
9(c) Developing a network diagram. 05
DEEKSHITH KUMAR UR
Lecturer, Department of Mechanical Engineering.
338-K.V.G Polytechnic (GOVT. AIDED), Sullia, D.K.
Mob: +91 8147434330
Email ID: [email protected]
Deckshith Kumar U R, lLecturer, Mechanical Dept. KVGP, Sullia (E-ma: dee:[email protected]) Pag 6 0t27
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 [Code: 20PM01T]
=
SECTION-1
1(a) Define () Project (i) Internet of Things (loT). (02+02-04) 04
) Projeet
A project is a temporary, unique and progressive sequcnce of tasks that must be
completed on time to attain a certain outcome.
OR
Project is a temporary endeavour undertaken to create a unique product or service.
OR
A project is a one-shot, time limited goal directed, major undertaking, requiring
commitment of varied skills and requirements.
OR
Project is a work plan which is scientifically devised with the right man for the
right work at the right time to achieve a specific objective within a certain set time
frame.
OR
Project is a unique process, consist of a set of coordinated and controlled activities
with start and finish dates, undertaken to achieve an objective confirming to
specific requirements, including the constraints of time cost and resource.
(ISO10006).
(i) Internet of Things (loT)
Internet of Things (loT) refers to the process of connecting everyday physical
objects to the internet from common household objects like light bulbs to health
care assets like medical devices to wearable, smart devices and even smart cities.
Deckshith Kumar U R. Lecturer, Mechanical Dept. KVGP. Sullia (E-mail: [email protected]) Page 7o!27
|Code: 20PM01T|
& Answer key) Aug/Sep-2022
-
OR
Identify any four differences between project and operation. (04x01=04) 04
2(a)
Difference between project and operation are as follows:
SI. # Project Operation
Temporary. Repetitive.
Unique. Continuous cycle.
Create new product, service or | Product, service or process already
process. created and are in use.
Performance, time and cost are | Performance, time and cost are known.
uncertain.
Developing a new system. System already exists, maintaining and
sustaining.
6. Unexpected inputs and outputs. Expected inputs and outputs.
7. More/High risk, usually done Fewer risks as they are repeated many
for the first time. times.
S. When objectives are achievcd Multiple objectives to be achieved
the project ends. again and again.
Scheme: Any four differences, 01 murks for each difference, 4x01=04 1marks
Deckshith Kunar R , Lecturer, Mechanical Dept. KVGP. Sulia (E-nail: deeriechkvep@ mait.com) Page s ot 27
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) -
Aug/Sep-2022|Code: 20PM0IT
MANAGEMENT SKILLS (Scheme of valuation
PROJECT
interactivelearning etc.)
education (remote learning,
of using AR/VR and related
iv. Visuul industries: Tliere are many examples
entertainment
fashion industry,
projects in this field; game industry,
exhibitions (e.g. landmarks, museums)
industry cinema, film, travelling
etc.
used for test drives, car
rlements testing,
V. Automotive: AR/VR solutions are
SECTION-2
3(a) List the different types of project team and explain any two project team. | 05
(03+02-05)
Project team can be classified as
a) Initial project team
b) Designated project leader/manager
c) Core project team or project steering committee
d) Full project team
e) Project advisors
Project stakeholders
g) Process facilitators.
Deekshith Ktumar i R, Lecturer, fectianical 1De_t. K VGP, Sullia (E-mail: [email protected]) Page 13 of27
101T] PROJECT MANAGEMENT SKILLS(Schemeof vauation &Answerkey)- Aug/Sep-2022 [Code: 20PMoITI
c) Core project team
I t is a small group of people of 3 to 8 members who are ultimately
responsible for designing and managing the project.
I t is also called the project driving committee consisting of sponsor, client,
leader, expert/specialist and inte nal auditor (inspector or examiner).
e) Project Advisors
The project advisors are not the part of project team
Team members can depend on advisors for honest feedback and
counselling
Project advisors can coordinate the works ofthe project
) Project stakeholders
The project stakeholders are individuals, groups or institutions who are
interest in the project outcome
They have a stake in the project
The project success or failure depends on how much the stakeholders are
satisfied with the project
I t is not mandatory that all the stakeholders should be a part ofthe project
team.
The key stakeholders will find a place in the project team.
Example: Project manager, Team members, Managers, Resource managers,
Executives, senior management, Company owners and Investors.
g) Project Facilitators
Project Facilitators help the project through the planningprocess.
H e is part ofthe initial project team and the core project team.
He understands the key elements of the process and he has good facilitation
skills.
A facilitator is an unbiased person who listens to both sides of an argument.
T h e facilitator will solve problems by reaching common ground between
two or more people.
Scheme: [List any three types (03x01=03) and explain any two (02x01=02)},|
03+02=05 marks
Deekshith Kumar UR, Lecturer, Mechanical Dept. KVGP, Sullia {lE-nail: [email protected]) Page il ot 27
PROJR
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) -Aug/Sep-2022 [Code: 20PM0IT
39
35)| Explain project dairy with three advantages. (02+03=05) 05
Project Dairy:
A project manager is to conduct number of meetings with vendors,
contractors, his own staff and various outsiders concerned to project work.
Thus have to maintain
a record of points liscussed and decisions taken in
date wise while
carrying the project work, this is known as project diary.
Adbvantages of Project Dairy:
This will ensure effective and
efficient management.
This record will
justify decisions in later dates.
the
This record can also be used to defend
against non-admissible claims and
litigations.
This diary also helps
pending
to
works with dates committed
prepare a follow-up, as this record contains all the
against each.
Maintaining the diary helps us to get relief from the burden
everything in our mind. of carrying
I t will also boost
up our
memory power thereby helps
problems of unattended work due to lack us to avoid the
of memory.
Scheme: [Explain (02), any three advantages (03x01=03)], 02+03-05 marks
3() Develop a WBS for the college day event in your institution.
05
Work Breakdown Structure
(WBS) for the college day event:
Level 1
College day event in a Instihution
|Level 2
Managing lhe
shudents, faculties Activities to be
Budget Stage setting and
and guests. perfomed. estumation
management
Level 3 Infoming the Inauguration &
tean menmbers
fonal event Stage decoration
Cost of all and seating
Management of
the activities arangements
Cultural
paiticipauts activities etc. Sound&light
settings
Note: Any
general college day event breakdown structure
can be considered.
Scheme: WBS construction 05
marks
For that matter, the entire process of direction, coordination and control in a
OR
4(a) Identify any five advantages of effective team. (05x01=05) 05
Deseribe the use of Projeet Procedure Manual (PPM) and Project Execution |05
4(b) Plan (PEP) for the successful implementation of the projecet. (2.5+2.5=05)
Dcchshith Kunmar UR, Lecturer. Mechanical Dept. VGP, Sullia(E-nmail: dceinechkvepagmil.con) Page 13ot 27
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 1Code: 20PM0IT|
Scheme: [Brief description of PPM (2.5) and PEP (2.5)), 2.5+2.5=05 marks
4(c) Develop the factors to be considered while selecting the team members in a 05
project. (05x01=05)
Deekshith Kumar UR, Lecturcr, Mechanical Dept. KVGP, Sullia (E-mail: [email protected]) Page I4 ot 2
PM0IT] PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 [Code: 20PM01T]
SECTION-3
S(a) List the four phases in Project Management Life eycle and explain any one 05
phase. (04+01=05)
i Initiation Phase:
I n this phase we study the project purpose and scope, justification for
taking up the project and the solutions are defined.
This phase ends with selection of project team, setting up ofa project office
and performance review of this phase.
i. Planning Phase:
This phase defines a detailed procedure to undertake the project and how to
complete the project with successful deliverables (output).
Recourse planning is done in this phase.
This phase defines strategic planning and implementation planning.
A performance review is done at the end of this phase.
i. Execution Phase:
This phase carry out or execute the decisions, actions, procedures, steps,
methods etc. that are defined in planning phase.
Actual work is done here and this involves monitoring and controlling
processes.
This phase look for eustomer / stakeholder/ sponsor's satisfaction.
A performance review is done at the end of this phase.
Deckshith Kumar U R, Lecturer, Mechanicai Dcpt. KVGP, Sullia (E-mail: [email protected]) Page 15 of27
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key)- AugSep-2022 [Code: PRO
20PMM.
(b) Explain Best and Worst case analysis and mention its limitations.
(02+03=05) 5
Best case
analysis assumes the best scenario with high demand, high
selling price, and low variable cost and so on.
Worst case a'ralysis assumes the low
demand, low selling price, high|
variable cost and so on.
Limitations:
I t is based on the
assumptions
The assumptions are not true inthat there
are a few described scenarios.
most of the cases.
The demand in the
market is based on
difficult to predict and the economy of the state which is very
assumption model can fail.
Scheme: [Explain
(02), limitations any three
(03x01=03)}, 02+03=05 marks
5(c)Show the different types of project risks and
explain any two. (03+02=05) 05
i. Technical Risks: Technical
risks refer to
specifications of the product results in loss. changes in
technical
1. Social Risks: Social risks
refer to risks
and
preferences of customers. Lack of arising from changes in the needs|
unrest, agitations and social necessary natural resources, labour
movements against
social risks. the project
also constitute
ii. Economic Risks: Economic risks
refer to an increase in the
inflation, changes in the economic rate of
iv. Political Risks: Nationalisation policies of governments.
or
privatisation
political instability, and trade restriction are of a particular industry,
risks. The project
manager should ensure that the
some
examples of political
against the political interests of the project does not go
V. country.
Production Risks: Production risks refer
to the
materials, sudden breakdown of key shortage of necessary raw
and maintenance costs. machinery huge rise in installation
and
Vi.
Marketing Risks: Marketing risks refer to failure of the
or service in the market due to
developed product
changes in market demand, errors
forecasting of demand, or difficulties in distribuion. in
vii. Financial Risks: Financial risks refer to
bad debts, change in the
rate, wrong choice of investments interest
and mistakes in the
procedures. accounting
vii. Human Risks: Human risks refer
to the sudden
demise of key
limited availability of skilled employee,
employees, inter-group politics, etc.
Scheme: [Name any three
types (03x01=03), erplain any two (02x01=02)],
03+02=05 marks
Deekshith Kunar U R,
Lecturer, Mechanical Dept. KVGP, Sullia (E-mail: deemee
[email protected]) Page 16 ot 27
101T
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) -Aug/Sep-2022 1Code: 20PM01T
5(d) A metro project was planned with an estimated budget of 4000 crores. |05
However, after the completion of the project, it was found that the total
project cost was 4300 erores. Analyse the possible reasons for the increase in
cost of the projeet. (05«01=05)
OR
6(a) Define project risk and list the different types of risk assessment techniques. | 05
(02+03-05)
Risk is defined as the possibility of an outcome being different from the expected
outcome.
OR
Risk are uncertainties in any project, they can adversely affectthe desired outcome
of the project unless they are minimized
Scheme: /Definition (02) and list any three types (03x01=03), 02+03=05 marks
Time overrun:
I t is the condition where the project does not complete within the scheduled
time (given time).
This may be the result of poor planning and deviation from time schedule.
Proper planning, controlling and monitoring with review systeny can always
reduce or avoid time overun.
Deekshith Kunar U R, Lecturer, Mechanical Dept. KVGP, Sullia (E-mail: [email protected]) Page 17 ot 27
PRO
PROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 [Code: 20PMa.
Deckshitlh Kumar U R,
Lecturer, Mechanical Dept. KVGP, Sullia (l-nail: [email protected] Page 18 of 27
MOrTI PROJECT MANAGEMENT SKILLS (Scheme of valuation& Answer key) - Aug/Sep-2022 [Code: 20PMOTTJ|
SECTION4
() Define Project evaluation (ii) List why the project evaluation is important 05
7(a)
(02+03-05)
() Project evaluation: Project Evaluation is a step-by-step process of collecting,
OR
8(a) ) Define Project Planning (i) List the tools used in
(02-+03-05) project planning. | 05
(i) Project Planning: It is all about
designing effective policies and methodologies
in order to attain fulfil
or
project deliverables or project seope or project
Project planning is thinking before doing. objectives.
Scheme: [() Definition (02) (i) Listing any three tools (03x0l=03),
02+03-05 marks
() Time estimate:
for
When the project is to be designed, it is essential to fix the time targets
each activity of the project.
time schedule which gives the
This helps to complete the project as per the
optimum benefits (profit) to enjoy.
be done by making the work break
T h e time estimate for the project can
down of the project, estimating the time schedules for each activity, putting
them in a proper sequence as per the technical or logical manner and finally
with the available resources.
matching their build up on a time scale
the factors like
The time estimation for completing the project depends
on
02+03=05 marks
cckshitl Kumar U R, i.ecturer, Meclanical Dept. K VGP, Sullia (E-m:ii: [email protected]) 'age 2i of'27
PROJECT MANAGEMENT SKILLS PROJE
(Scheme of valuation & Answer key) AugSep-2022 [Code: 20n
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GANTT CHART
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JOBJ-3
DAYS
SECTION-5
05
9(a) List any five uses of Network Techniques. (05x01=05)
Following are the uses of network technique to the management:
i. It indicates the start and finish time of each activity of the project.
of project activities.
ii. t helps in better scheduling, monitoring and control
ii. It helps in better execution of the project.
These techniques can serve as indicators of bottle necks and potential
iv.
trouble spots which help in preventing the pitfalls and progress of the
project as per plan.
among the
V. This will illustrate the type and extent of co-ordination required
of the project team.
designers, contractors and other members
vi. It helps in identifying the critical path.
to these
and diversion ofresources
vii. It helps in identifying the critical tasks
the schedule.
tasks so that they can be completed as per
machines etc.
vii. It helps in resource allocation such as labour,
and the
advisable to crash project time
ix. It helps to find whether or not
impact of crashing on the cost of the project.
so as to minimise the
are to be speeded up
X. Helps to find which activities
cost of escalation due to the crashing.
xi. It helps in controlling the project cost.
marks
Scheme: Any five uses, 05x01=05
between PERT and CPM in Project Management. (05x01=05) 05
9(b) Distinguish
Scheme: Any five differences, 01 marks for each difference, 05x01=05 marks
Deckslith Kumar U R, Lecturer. Mechanical Dept. K VGP, Sullia (E-mail: [email protected]) Page 23 of 27
PROJECT
FROJECT MANAGEMENT SKILLS (Scheme of valuation & Answer key) - Aug/Sep-2022 [Code: 20PMa
T
9(c) Develop a network diagram for a project whose activities and preceding |0s
activities with duration are given below.
G
H
Solution
D
2
Scheme: Developing a network diagram, 05 marks
OR
1Oa) ) List any three purposes of project control (ii) List any four objectives of
| 05
Project Review. (03+02-05)
Scheme:[()List any three purposes (03x0103), (ii) List any four objectives
(04x0.5-02)}, 03+02=05 marks
Initial project review is the first siage in the project review process.
I t consists oftwo types:
Deekshith Kumar UR, Lectuner, Mechanical Dept. KVGP, Sullia (E-nail: deemechkvgp(@ymail.con) P:age 25of27