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DRIVE
Summer 2015
PROGRAM
MBADS (SEM 3/SEM 5)
MBAFLEX/ MBA (SEM 3)
PGDPMN (SEM 1)
SUBJECT CODE & NAME
PM 0010 INTRODUCTION TO PROJECT MANAGEMENT
Q3: Explain the concept of Social Cost Benefit Analysis (SBCA)? List the application of
SBCA and describe the challenges in SBCA.
(Explain the importance of SBCA, discuss the social impact of projects, List the TWO
applications of SBCA, Discuss the FIVE challenges in SBCA) 3, 2, 5
ANSWER:
The importance of SBCA:
The importance has been explained with the help of the following factors that affect the general
masses as a whole.
Market Failure
Market failure when a big project is not affecting everyone but only a few. A private firm would
only look
(Elucidate which are key project parties in a power project, Mention the key points of
PPA(Power Purchase Agreement),Discuss the 3-tier security payment mechanism )2,5,3
ANSWER:
Elucidate which are key project parties in a power project:
Government: The government is a key project party in an infrastructure project. It initiates the tendering
process, evaluates the tenders and grants sponsors the right to set up and operate the project.
Project sponsors: Project sponsors represent a syndication of construction, operation and financial
groups.
EPC contractor:
Q6: What is the purpose of project evaluation? Which the four dimensions of the project
explain the purpose of project evaluation?
(Mention the purpose of project evaluation, List the four dimensions of the project that
explain the purpose of project evaluation, Discuss four dimensions of the project that
explain the purpose of project evaluation) 1, 1, 8
ANSWER:
The purpose of project evaluation :
The purpose of project evaluation is to measure the success of a project. Accordingly, projects
are evaluated on the basis of the indicators of success or failure such as profitability, competency,
efficiency and future prospect. The success of a project has been defined by different researchers
through some models. One of such models was proposed by Shenhar et al. in 1997. According to
the model,
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