From: Prof.

Sanjay Bhoyar

ACM 26th batch Trimester-II Assignment for MCM 211: Project Management Systems
Note: i) Answer the following questions & submit the same for internal assessment. ii) Last date for submission is 28/12/2012. Q.1 Activity details of a small construction project are as given below: Activity Preceding activity L M N P Q R S T V P L R -P L Q,M Q,M,N S NT (weeks) 5 7 6 3 5 6 4 4 5 CT (weeks) 4 6 4 3 5 4 3 4 4 NC (lacs of Rs) 20 14 18 12 20 12 18 16 15 Cost of expediting per week (lacs of Rs) 4 4 1 --2 2 -5

Indirect cost is estimated at Rs 5 lacs per week. According to contract conditions project delay beyond 21weeks will invite a penalty of Rs 4 lacs per week. Determine the most economic schedule for the work. Q.2. Discuss the fundamental concepts of Critical Chain project management. Q.3 Activity details of a small project are given below: Activity L M N P Q R S T V Succeeding activity M,R S,T T Q,L S,T N V --Duration (weeks) 4 6 4 3 5 6 3 4 4 Mason requirement 6 4 3 -2 -5 4 2

Schedule the work if maximum available masons at a time are limited to 6.

(p.t.o.)

Q. 4 On a construction project, review is taken after 10 weeks from start of the project. Project schedule and progress details are as given below: Task Preceding Duration Budgeted task (weeks) cost (lacs of Rs) L M N P Q R S T V a) b) c) d) P L R -P L Q,M Q,M,N S 4 6 4 3 5 6 3 4 5 24 18 20 12 20 12 18 16 15 Scheduled % work Start completed (end of week) 3 7 13 0 7 7 13 17 16 100 66.66 -100 20 66.66 ---Actual cost spent (lacs of Rs) 22 14 -12 05 10 ----

Determine project performance indices, Estimate time and cost for project completion, Prepare revised schedule, Comment. -----------------