INSTITUTE OF CHEMICAL TECHNOLOGY (University under Section -8 of UGC Act 1956) omery UBCTIUICT, Mumba) Elite Status and Centre of Excellence- Govt of Maharashtra NBA Accredited A’ Grade by MHRD; UNIVERSITY PAR EXCELLENCE Matunga, Mumbai ~ 400019, India FINAL YEAR BACHELOR OF TECHNOLOGY (SEMESTER - VIII) E— EXAMINATION APRIL 2021 CET1504~ CHEMICAL PROJECT ENGG & ECONOMICS (ALL BRANCH) DATE APRIL 29, 2021 TIME : 11:00 A.M TO 1:15 P.M DAY THURSDAY MARKS 25 Note: i) Attempt any three questions including Question No. 4, which is compulsory fi) Use judicious examples & specify units iii) Make suitable assumptions, where necessary and state them clearly Question No. 1 Marks 8 a) Whatis a project? Hows it defined & how do you select the same? (Answer the above elaborating it with suitable recent examples) b) What are Safety Audits? Where and how are these used? What are Ergonomic Designs? Question No.2 Marks 8 a) What is Process Synthesis Tree & how is it constructed? Describe it using an appropriate example b) What is the Daily Cash Flow Diagram? How is it constructed, and how is it linked to the Process Synthesis Tree? Question No.3 Marks 8 a) How do you arrive at the Sale Price of a product? Hove this sale price is related to the cost of manufacturing & the types of the market for your product? b) Discuss with an example the Discounted Profit Flow Analysis; also elaborate various Ratio's used and their use in the Project Viability Assessment. Question 4: Write short notes on any three: Marks 9 a) EVAanalysis. b) —_BEP to DEP conversion for a project. ©) PERT, CPM, and construction of Net-work diagram, with example 4) Define the following terms with examples 1. Dummy Activity & Event 3. Activity completion times and their probability 2, Floats and their types 4. Resource Analysis & Allocation