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Em Ec 3

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13 views5 pages

Em Ec 3

Uploaded by

mandaldeepan
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Birla Institute of Technology & Science, Pilani

Work Integrated Learning Programmes Division


Second Semester 2023-24

Comprehensive Examination
(EC-3 Regular)

Course No. : ET ZC423


Course Title : ESSENTIALS OF PROJECT MANAGEMENT
Nature of Exam : Open Book
Weightage : 35%
Duration : 2-1/2 Hours
No. of Questions = 7
Date of Exam : Sunday, 19/05/2024 (AN)

Note: All calculations to be done manually, as covered in the lecture sessions.

Q.1 Name the Organization you work for. What is meant by SWOT Analysis? Carry out a
SWOT Analysis of your Organization. [4]

Q.2 Project A has an initial investment of Rs. 19.5 million and projected cash inflows of Rs.
50,00,000 for 5 years. Project B has an initial investment of Rs. 16.5 million and projected
cash inflows of Rs. 45,00,000 for 5 years. Assume the discount rate to be 9 percent during
Year 1 and thereby increases by 1 percent each year. Work out the NPV of the two
projects and compare the results. Which project should be approved? Why? [7]

Q.3 Create a time-phased budget for the project given below. [5]

7 D 9
6
13 2 15

5 C 7 15 I 18
0 0
5 2 7 15 3 18

10 H 11
0 A 3
4
0
14 1 15
0 3 3
Activity Time Phased Work Packages by Month ($000)
Task Duration Budget 0 1 2 3 4 5 6
A Preliminary Plan 3 13 4 5 4
B Detail Plan 2 5 2 3
C Hire Staff 2 7 3 4
D Select equipment 2 10 6 4
E Train 3 13 5 3 5
F Purchase Clothing 3 15 6 4 5
G Plane transportation 5 77 15 20 20 11 11
H Get custom equipment 1 10 10
I Additional equipment 3 20 10 0 10
Total budget 170

Time-phased Budget ($000)


0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18
A 13
B 5
C 7
D 10
E 13
F 15
G 77
H 10
I 20
Total 170
Cumulative

Q.4 What is meant by a time-constrained project? What is the issue with the utilization of
resources in a time-constrained problem? How do we solve it? [2]

Q.5 If the indirect costs for each duration are $1,250 for 16 weeks, $1,150 for 15 weeks,
$1,000 for 14 weeks, $900 for 13 weeks, $850 for 12 weeks, $800 for 11 weeks, and $750
for 10 weeks, compute the total costs for each duration. What is the optimum cost-time
schedule? [10]
Q.6 Given the following project baseline, and status information; develop status reports for
periods 3–4. Based on your data, what is your assessment of the current status of the
project? [5]

Schedule Information Baseline budget needs


($ 000)
ACT/WP DUR ES LF SL Total Time Period
PV 0 1 2 3 4 5 6
1 2 0 3 1 16 7 9
2 3 0 3 0 17 4 7 6
3 2 0 2 0 10 5 5
4 2 2 5 1 9 4 5
5 2 3 5 0 13 6 7
6 3 2 5 0 11 3 4 4
7 1 5 6 0 5 5
Total PV by Period 16 21 13 15 11 5

Cumulative PV by Period 16 37 50 65 76 81

Status Report: Ending Period 3 ($000)


Task % Complete EV AC PV CV SV
1 Finished _____ 15 ____ _____ ____
2 80% ______ 15 ____ _____ ____
3 75% ______ 10 _____ _____ ____
4 50% ______ 3.5 _____ _____ ____
5 0% ______ 0 _____ _____ ____
6 20% ______ 3 _____ _____ ____
Cumulative Totals ______ ____ _____ _____ ____

Status Report: Ending Period 4 ($000)


Task % Complete EV AC PV CV SV
1 Finished ______ 15 ____ _____ ____
2 Finished ______ 19 ____ _____ ____
3 Finished ______ 12 _____ _____ ____
4 Finished ______ 7 _____ _____ ____
5 25% ______ 3 _____ _____ ____
6 33.3% ______ 5 _____ _____ ____
7 0% ______ 0 _____ _____ ____
Cumulative Totals ______ ____ _____ _____ ____
Q.7 How do the project management structure and culture affect the success of a project?
Explain. [2]

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