Note: There are two Sections A and B. Attempt any three questions from Section A. All questions in Section A carry 20 marks each. Section B is compulsory and carries 40 marks.
1. What are the technical aspects of a typical project as distinct from commercial, financial, economic and managerial feasibility? Discuss three important issues that managers must consider while conducting technical analysis.
2. Technology and processes play crucial role in certain projects. What are the key issues in regards to choice of technology, equiplment and processes at the stage of formulation of DPR?
3. How interdependencies between events and activities are shown through the construction of project networks? Define events and activities in the context of a network analysis. With the help of an example, explain the critical path and slack in the network.
4. What are the objectives of project management information systems? What are the types of data sets used in integrated project management information system Discuss briefly how these date sets are used for decision making.
5. Write short notes on the following three :
(I) CPM Vs. pert technique
(II) Total slack
(III) Advantages of matrix organisation
(IV) Commission of projects
(V) Financing of project
SECTION B
6. (a) What is resource leveling in relation to PERT/CPM? 10+30 (b) List of activities for erecting a canteen in the factory is given below with other relevant details. Job A must precede all others while job E must follow all others. Apart from this, jobs can run concurrently also:
Code | Job description | Normal | Crash | ||
Duration (Days) | Cost Rs. | Duration (Days) | Cost (Rs.) | ||
A | Lay foundation and build walls | 5 | 3000 | 4 | 4000 |
B | Tile Flooring | 6 | 1200 | 2 | 2000 |
C | Install electricity | 4 | 1000 | 3 | 1800 |
D | Install Plumping | 5 | 1200 | 3 | 200 |
E | Connect services to finish | 3 | 1600 | 3 | 1600 |
(i) Draw the network and identify critical path
(ii) Crash the network fully to find out minimum duration.
(iii) If indirect costs are Rs. 300/day determine the time-cost
trade off for the project.