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PART – A (2 Marks)
1. Define – Project
A project is defined as specific plan or design, planned undertaking and large undertaking.
Project is also defined as a planned activity.
Example: Public works
5. List out the factors that decide the success of a project. [N – 12, M -12]
Factors that decide the success of a project are
Schedule
Scope
Cost
Quality
Staff
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Verification Validation
1) Are we building the product right? 1) Are we building the right product?
2) Verification refers to the set of activities that 2) Validation refers to a different set of
ensure that the software correctly activities that ensure that the software that
implements a specific function. has been built is traceable to customer
requirements.
7. Define – Management
Management is defined as the combination of set of activities such as planning, organizing, staffing,
directing, monitoring, controlling, innovating and representing.
Management can also be defined as the challenges fared by the leader/manager of an organization.
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3. Explain in detail, the various activities to be performed in analyzing the project characteristics. (8)
[M -12]
4. Explain in detail, the activities of software project management with an example. (16) [N -12, N - 11]
5. What is Project Breakdown Structure (PBS)? Draw the hierarchical diagram of a sample PBS. (16)
6. Explain in detail, stepwise project planning activities with a neat diagram. (16) [N – 12]
7. Identify the data to be collected to ensure that during the execution of a project things are going
according to the plan. (16) [N – 11]
8. Draw product breakdown structure and product flow diagram for online ticket reservation. (16)
9. What is Management? Explain in detail, management control. (16)
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PART – A (2 Marks)
4. Define – Programme
Programme in software project strategic assessment is defined as a group of projects that are
managed in a coordinated way to gain benefits that would not be possible were the projects to be managed
independently.
Different forms of programmes are business cycle programme, strategic programme, infrastructure
programme and research and development programme.
6. Define – Portfolio
Relates to, denoting, or engaged in an employment pattern that involves a succession of short-term
contracts and part-time work, rather than the more traditional model of a long-term single job.
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8. List out any two steps that are used in cost benefit analysis.
The two steps that are used in cost benefit analysis are
Identifying all of the costs and benefits of carrying out the project and operating the delivered
application.
Expressing these costs and benefits in common units.
9. Define – Payback period
Payback period is the time taken to break even or payback the initial investment.
The project with shortest payback period will be chosen on the basis that an organization will wish
to minimize the time that the project is „in debt‟.
10. List out the advantages and the disadvantages of payback period.
The advantage of the payback period is that it is simple to calculate and is not particul
sensitive to small forecasting errors.
The disadvantage of payback period is that it ignores the overall profitability of the
project.
[N – 12]
12. State the significance of cost benefit analysis.
The significance of cost benefit analysis are
Takes a community wide perspective
1) Allows the consideration of a range of policy option.
2) Determine which policy maximizes net benefits to the community.
3) Allows benefits and costs to be compared over time.
4) Can show the cost and benefits occurring to different groups within community.
[N – 12]
13. How Net Present Value is calculated for a project?
The calculation of net present value is a project evaluation technique that takes into
account the profitability of a project and the timing of the cash flows that are produced.
The NPV for a project is obtained by discounting each cash flow and summing the discounted value.
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The Internal Rate of Return [IRR] attempts to provide a profitability measure as a percentage return
that is directly comparable with interest rates.
The IRR is calculated as that percentage discount rate that would produce an NPV of zero. It is most
easily calculated using a spreadsheet or other computer program that provides functions for calculating the IR.
16. Write the significance of Project Risk Matrix. Give an example. [M – 12]
Project risk matrix utilizing the checklist of possible risks and classifying risks according to the relative
importance and likelihood. Importance and likelihood need to be separately assessed.
Importance and likelihood are classified as high [H], medium [M], low[L] or exceedingly unlikely[-].
Risks Importance Likelihood
Client rejects proposed look and feel of site H -
Competitors undercut prices H M
Warehouse unable to deal with increased demand M L
Online payment has security problems M M
Maintenance costs higher than estimated L L
Response times deter purchases M M
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1. Explain in detail, the Internal Rate of Return(IRR) method for measuring the profitability of a project.
Also mention its advantages over the NPV method. (8) [M – 12, N - 12]
2. Explain in detail, the various issues to be addressed in evaluating the risks before deciding to take up a
3. Explain in detail, how a project can be evaluated against strategic, technical and economic criteria. (8)
[N – 11]
4. Evaluate the risk involved in a project and suggest appropriate strategies for minimizing the potential
cost.(8) [N – 11]
5. Explain in detail, how risks are handled in a project. Give examples. (16) [N – 12]
6. Explain in detail, the Internal Rate of Return (IRR) method for measuring the profitability of a project.
8. How does the present value of future cash flow found? (8) [N - 11]
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PART – A (2 Marks)
3. What are the three approaches that are used to identify the activities or tasks of a
Project?
Activity-based approach- constraints stemming from the relationships between projects
Product-based approach- instructor becomes an active member of the project team
Hybrid approach- Decision support system for software project management
10. Differentiate Free Floats from Interfering Floats. How are they calculated? [M - 12]
Free float is free from fixed .Interfering floats have fixed contract time.
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1. Explain in detail, the different approaches for identifying, and monitoring and control activities with a neat
diagram. (16)
2. Explain in detail, the different network planning models. Write examples for precedence construction. (16)
[M-11, N - 12]
3. Explain in detail, the forward pass and backward pass with examples. (8)
4. Explain in detail, the critical path method that can be can be identified in precedence networks.
(16)
5. Explain in detail, the steps involved in risk planning. (8) [M – 12, N – 12]
6. Explain in detail, the methodology that is used to evaluate the risk in a project. (8) [N – 12]
7. List out the top ten software project risks and explain the strategies for reducing each of the risks.
8. How is the effect of risk on project schedule evaluated using PERT? (16) [M - 12]
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PART – A (2 Marks)
2. Define – Checkpoints
Check points are used to measure the project evaluation time.
10. List the popular visual tools that are used for monitoring and tracking the project progress. [M – 11, N - 12]
Ball chart
Gannt chart
Timeline chart
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11. What are the methods for assigning earned value in earned value analysis. [N - 11]
0/100 technique
50/50 technique
Milestone technique
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1. Explain in detail, the usage of check points in monitoring. (16) [N – 12, M - 12]
4. Explain in detail, the roles and responsibilities of configuration librarian. (16) [M - 12]
5. Explain in detail, the various ways of visualizing the progress of a project. (8) [N - 12]
6. Explain in detail, the change control process applicable for an operational system. (8) [N - 12]
7. Explain in detail, the controlling changes to project requirement. (8) [N – 12, M - 11]
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PART – A (2 Marks)
4. Define - Milestone
A milestone is a significant event in a project, usually associated with a major work product or
deliverable. Stages or phases are not milestones but are collections of related product activities.
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„Taylorism‟ is often represented as a crude and mechanism, as he emphasis on the exclusively financial basis
of staff motivation.
14. List out the stages of team formation model. [N – 12, M -12]
Forming- The members of the groups get to know each other and try to set up some ground rules
about behavior
Storming- one nice packaging, all for publishing need
Norming- Asset Management is a powerful and complete asset management solution
Performing- Optimize project delivery across the software
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2. List out the steps involved in selecting the right person for the job. (16) [N - 12]
3. Explain in detail, the procedure for selecting a new staff and how he / she can be introduced
6. List out the characteristics that are needed to improve the group performance. (16) [N – 11, N - 12]
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