SECOND ASSINGNMENT MBA 5TH

PROJECT MANAGEMENT TOAL MARKS (100)

Q.1. (a) what are some of the basic concepts involved in project planning? How can a complete
project plan contribute to project success? Define each of the key elements of project planning?

(b) Discuss the relationship of project planning to strategic planning and functional planning.
Why is this relationship important?

Q.2. (a) what are some of the characteristics of an effective project schedule? Describe some of
the scheduling techniques used in project management?

(b) What are the relationships between the statement of work, project specifications, cost
estimate, financial plan, functional plan, and implementation plan? How is each developed and
used?

Q.3. (a) List and describe the project planning work packages?

(b) Describe a simple project management situation from your work experience. Develop a work
break down structure for this situation?

Q.4. (a) List and briefly define the elements of the project control cycle. Why is control an
important project management function?

(b) What performance standards must be set in order to control a project? How can these
standards be observed throughout the life of the project?

Q.5. (a) Monitoring and evaluating are integral to control. Discuss what is meant by each. How
do they relate? What kinds of questions must project team members ask in order to continually
monitor and evaluate the project?

(b) When should the project be monitored and evaluated? Discuss the ability to make changes
over the project life cycle. Who should be responsible for monitoring and evaluating projects?