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MANAGEMENT PROGRAMME

co Term-End Examination
cNi
December, 2011
O
MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)

Note : Answer any four questions. . Question No.6 is


compulsory. All questions carry equal marks.

1. (a) "Projects should be formulated primarily to


meet the needs of customers". Highlight the
importance of market analysis in project
management.

(b) Describe the important phases of a project


life cycle.

2. (a) Discuss the important issues related to


technical analysis of a project.

(b) What are the traditional methods of


financial evaluation of projects ? Why are
they considered deficient ?

MS-52 1 P.T.O.
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3. (a) Explain the various methods of resource


allocation in a project.

(b) What - are the different types of cost


estimating in the life cycle of a project and
hour does the level of accuracy increase
progressively ?

4. (a) Explain the different types of matrix


structure applied to a project organisation.
Also throw some lights on the recent trends
in organisation design.

(b) What are the pitfalls in the traditional


method of cost accounting and expenditure
control in projects ?

5. (a) Discuss the prevalent quality control


method in project management.

(b) Elaborate your understanding about the


concept of project DRIVER.

MS-52 2
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6. A project has the following activities and their


time estimates :

TIME (Days)
Most Most Most
Activity Predecessor Optimistic Likely Pessimistic
A - 2 4 6
B A 8 12 16
C A 14 16 30
D B 4 10 16
E C, B 6 12 18
F E 6 8 22
G D 18 18 30

(a) Draw the network diagram of the project


(b) Determine the expected project completion
time
(c) Identify the critical path
(d) Calculate the variance for the project.

MS-52 3
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MANAGEMENT PROGRAMME
Term-End Examination

June, 2012

MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)

Note : Answer any four questions. All questions carry equal


marks.

1. (a) Describe the important phases of project life


cycle.
(b) What do you understand about
Environment Impact Assessment (EIA) ?
Explain its role in the context of project
management.

2. (a) What are the different levels of forcecasting


and their respective role in decision
making ?
(b) "Detailed Project Report (DPR) forms the
foundation on which the entire
superstructure of the project is built".
Discuss and bring out the do's and don'ts
of a good DPR.

MS-52 1 P.T.O.
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3. (a) "Management of materials and equipment


forms the core of project management" -
Support your views giving supporting
evidence.

(b) What is resource Levelling ? Discuss the


various methods of resource levelling.

4. (a) Explain the various sources of project


financing.

(b) What are the different organisation


structures recommended for project
organisation ? Discuss their advantages and
disadvantages.

5. (a) Elaborate the concept of Earned value of the


Budget in PERT/ COST System.

(b) Explain the use and advantages of squared


networks in project management.

MS-52 2
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6. A small project is composed of seven activities


whose time estimates are given below.

Estimated Time (Weeks)


ACTIVITY Optimistic Most Likely Pessimistic

1-2 1 1 7
1-3 1 4 7
1-4 2 2 8
2-5 1 1 1
3-5 2 5 14
4-6 2 5 8
5-6 3 6 15

(a) Draw the project Network

(b) What is the expected Project Length ?

(c) Determine the variance and standard


deviation of the project.

(d) Identify the critical path and activities

(e) What due date has about 90% chance of


being met ? (Take Z = 1.29)

MS-52 3
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MANAGEMENT PROGRAMME

0 Term-End Examination
cV December, 2012
O
MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)

Note : Answer any four questions. All questions carry equal


marks.

1. The following information is given of a project :


Activity : 1 2 1 5 2 3 2 4 3 6 4 6 5 6 5 7 6 8 7 8
Time
4 2 2 6 3 9 5 7 1 10
(Months :
(a) Draw the Project diagram.
(b) Determine the project completion time.
(c) Identify the critical path and activities.
(d) Calculate the total float of each activity.
(e) Explain the difference between total float
and slack.
2. (a) Elaborate your understanding about
Pre-feasibility study of industrial project.
(b) What are different levels of forecasting ?
Also explain the errors in demand
forecasting.

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3. (a) Discuss briefly the various methods of


economic analysis of projects.
(b) "Projects should be formulated primarily to
meet the needs and wants of customers ."
Highlight the importance of market analysis
in project management.

4. (a) Discuss the various methods of resource


allocation in any project.
(b) What is matrix organisation ? Explain its
advantages and disadvantages in project
management.

5. (a) Elaborate your understanding regarding


management of contracting for materials
and equipment in project environment.
(b) Explain the factors affecting the control of
project cost.

6. (a) Describe the objectives, planning procedure


and organisation structure required for
commissioning of projects.
(b) Explain how cybernetics concepts applied
to project management.

MS-52
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MANAGEMENT PROGRAMME

Term-End Examination

June, 2013

MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(I/Veightage 70%)

Note : Answer any four questions. All questions carry equal


marks.

1. (a) Distinguish between Project and Production


Management. Discuss the critical success
factors in project management.

(b) Explain your understanding regarding


"Technical Analysis" in the context of
project management.

2. (a) Discuss the various available methods for


economic analysis of projects.

(b) Discuss the various issues related to


equipment and process technology as
applied to project management.

MS-52 1 P.T.O.
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3. Consider a project having the following activities


and their time estimates.

TIME (DAYS)
Most Most Most
Activity Predecessor
Optimistic Likely Pessimistic
A 2 4 6
B A 8 12 16
C A 14 16 30
D B 4 10 16
E C,B 6 12 18
F E 6 8 22
G D 18 18 30
H F, G 8 14 32

(a) Draw the network diagram of the project.


(b) Compute the expected project Completion
Time.
(c) Identify the critical path.
(d) Determine the variance and standard
deviation of the project.
(e) Which due date has about 90% chance of
being met ? (Take z =1.65)

4. (a) What is resource levelling ? Discuss the


various methods of resource levelling.
(b) Discuss the relevant and different types of
cost to be estimated in the life cycle of a
project. How does the level of accuracy
increase progressively ?

MS-52 2
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5. (a) What are the different Organisation


Structures recommended for project
organisation ? Explain their advantages and
disadvantages.
(b) What do you understand by "Feedforward
Project Control" ? How do you compare it
with Feed Back System ? Explain the role
of Feedforward Control in MIS for project
management.

6. (a) Explain the pitfalls in the traditional method


of cost accounting and expenditure control
in projects.
(b) Discuss the quality control methods usually
applied in project management.

MS-52 3
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No. of Printed Pages : 2 MS-52


MANAGEMENT PROGRAMME
Term-End Examination
December, 2013
MS-52 : PROJECT MANAGEMENT
Time : 3 hours Maximum Marks : 100
(Weightage 70%)
Note : Answer any four questions. All questions carry equal
marks.
1. (a) Describe the objectives, planning procedure
and organisational structure required for
commissioning of projects.
(b) Explain the importance of "Project Review"
in the context of control of a project.

2. (a) Describe the important phases of a project


Life Cycle.
(b) How do you measure the error in demand
forecasting ? How can we optimize the
conflicting factors of cost and accuracy of
demand forecasting ?

3. (a) Discuss the various issues related to


commercial and socio economic aspects of
any project while preparing a detailed
project report.
(b) What is matrix organisation ? Discuss the
advantages of this organisation design for
project management.

MS-52 1 P.T.O.
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4. (a) "Management of materials and equipments


forms the core of project management" -
Justify the statement.
(b) Discuss the various methods of resource
allocation.

5. (a) What are the objectives of Project


management information system ? Also
explain Work Breakdown Structure (WBS).
(b) Identify and explain the factors affecting the
control of project cost.

6. A maintenance project related to capital


shutdown of turbine in a thermal power plant
consists of the following jobs.

Activity : 1 - 2 2 - 3 2 - 4 3 - 4 3 - 5 4 - 6 5 - 8
Duration :
2 7 3 3 5 3 5
(Weeks)

Activity : 6 - 7 6 - 10 7 - 9 8 - 9 9 - 10
Duration :
8 4 4 1 7
(Weeks)

(a) Draw the network diagram of this project


(b) Calculate the project completion time
(c) Identify the critical path
(d) What are the different kinds of Floats ?
What is the significance of floats in any
project ?
(e) Calculate the TOTAL and FREE floats for
all activities.

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I MS-52 I
MANAGEMENT PROGRAMME
7-4 Term-End Examination
June, 2014
t-r)
MS-52 : PROJECT MANAGEMENT
Time : 3 hours Maximum Marks : 100
(Weightage 70%)
Note : (i) Answer any three questions from 1-5.
(ii) All questions carry equal marks.
(iii)Question - 6 is compulsory.

1. (a) Distinguish between Project and Production


Management with the help of examples.
(b) What are the phases of a project
development cycle ? Give the salient tasks
under each phase.
2. (a) "Economic analysis is done from Societal
Point of view in contrast to simple financial
analysis". How does it bring about a change
in the methods of evaluation ? Describe with
examples.
(b) "Projects should be formulated primarily to
meet the needs and wants of customers".
Highlight the importance of market analysis
in project management.
3. (a) How does management of projects with the
aid of network analysis helps design and
procurement of materials and equipment in
line with the priorities ? Explain.

MS-52 1 P.T.O.
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(b) "Structure Supports Strategy". Justify in the


context of project management
environment.

4. (a) Discuss the different types of cost estimating


in the life cycle of project.
(b) Elaborate your understanding about
Feedforward Project Control.

5. (a) Elaborate on the concept of "Earned Value


of the Budget" in PERT/COST System.
(b) Discuss the various quality control methods
those are prevalent in project management.

6. Data obtained from a capital shutdown project


are given below with three time estimate.

Preceeding Duration in Weeks


Activity
Activity a m b
A 7 10 12
B A 9 12 17
C 16 18 20
D C 20 24 26
E 2 1 3
F E, B, D 5 2 12
G F 6 4 14

(a) Draw the project network diagram.


(b) Identify the critical path and activity.
(c) Calculate the variance and SD for the
project.

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No. of Printed Pages : 2 MS-52


MANAGEMENT PROGRAMME

Term-End Examination
December, 2014
MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer total four questions. Questions No. 1 is
compulsory.
(ii) All questions carry equal marks.

1. A small equipment erection project consists of


following 12 jobs :

Jobs 1-2 2-3 2-4 3-4 3-5 4-6 5-8 6-7 6-10 7-9 8-9 9-10
Duration
2 7 3 3 5 3 5 8 4 4 1 7
(weeks)

(a) - Draw the Project Diagram


(b) Determine Project Completion time
(c) Identify Critical Path and activities
(d) Find out the total float for non-critical
activities

2. (a) Discuss the critical success factors in Project


Management.
(b) "Detail Project Report (DPR) forms the
foundation on which the entire super
structure of the project is built". Bring out
the do's and don'ts of a good DPR.

MS-52 1 P.T.O.
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3. (a) Discuss the different levels of forecasting


and their respective role in decision making.
(b) Briefly discuss the various methods of
resource allocation in project management.

4. (a) "Costing is a guesstimate and pricing is a


strategy". Elaborate.
(b) Elaborate your understanding regarding
Integrated Project Management Information
System.

5. (a) Discuss the various factors affecting the


control of project cost.
(b) "Lean organisations cannot function
without empowerment". Explain.

6. (a) Briefly describe the objectives, planning


procedure and organisational structure
required for commissioning of project.
(b) How the cybernetics concepts are applied
to project management ?

MS-52 2
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MANAGEMENT PROGRAMME
00
Term-End Examination
C
June, 2015

MS-52 : PROJECT MANAGEMENT

Time : 3 hours
Maximum Marks : 100
(Weightage 70%)
Note : (i) Answer any three questions from
1-5.
(ii) All questions carry equal marks.
(iii) Question 6 is compulsory.

1. (a) Briefly describe the three distinct phases of


the development process through which a
typical project goes.
(b) What is the need of demand forecasting ?
Discuss various levels of demand
forecasting.

2.
(a) Explain the concept of Total slack, Free slack
and Independent slack. Also give formula
for their computation.
(b) Justify the statement :
"Meticulous management of activities on
the critical path is crucial to completing
projects on time".

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(a) What is a matrix organisation ? What are


3. the advantages of this organisation design
when used for Project Management ?
(b) "Effective management of materials and
equipment play a vital role in Project
Management". Comment !

(a) How can computers help in monitoring and


4.
control of projects ? Discuss.
(b) Describe the objectives of commissioning of
projects. Name two ways of handling
commissioning in large organisations.

How are Cybernetics concepts applied in


Project Management ? Explain.
Mention some of the pre-requisites for a
successful project.

of the following :
6. Write short notes on any two
Pay Back Period (PB) method for Project
(a)
Evaluation.
(b) Activity On Nodes (AON) diagrams.
(c) Concept of Project 'DRIVER'.
(d) Squared Networks in Project Management.

2
MS-52
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C\ MANAGEMENT PROGRAMME
■11
Term-End Examination
O
December, 2015
MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer any three questions from 1-5.
(ii) All questions carry equal marks.
(iii) Question no. 6 is compulsory.

1. (a) Briefly discuss the importance of


Pre-feasibility and feasibility studies in
ensuring success in operation phase of the
project.

(b) What is Social Cost Benefit Analysis


(SCBA) ? Explain the need of SCBA in
appraising projects.

2. (a) What are Activity on Arrows (AOA)


diagrams ? Explain Merge Event, Burst
Event and Combined Merge and Burst Event
by drawing diagrams.

(b) What is the aim of 'Resource Levelling' ?


Briefly describe any one method of Resource
Levelling.

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3. (a) Briefly discuss various types of cost


estimates as used in costing and pricing of
projects.
(b) What is 'Feed-forward Project Control' ?
When is this kind of control operable ?

4. (a) "Successful Project Management depends


largely on the capability of the computers
to update project status and feed timely and
critical information to Project Managers."
Comment !
(b) What is an Integrated Project Management
Information System ? What is its
importance ? Explain.

5. (a) Briefly discuss the key elements of control


process in projects.
(b) Discuss some critical success factors in
Project Management.

6. Write short notes on any two of the following :


(a) Internal Rate of Return (IRR) method for
project evaluation
(b) Progressive Scheduling Method of Resource
Allocation
(c) Concept of S - Curve
(d) Network - based Milestone Charts

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MANAGEMENT PROGRAMME
‘.0
71. Term-End Examination
0 June, 2016
MS-52 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer any three questions from 1-5.
(ii) All questions early equal marks.
(iii) Question no. 6 is compulsory.

1. (a) List down some of the pre-requisites of


project success.
(b) Define forecasting error. Describe any one
method of measuring the forecast error.

2. (a) What do you understand by the 'time


analysis of networks' ? Briefly describe the
forward pass and backward pass.
(b) Discuss types of organisation structures in
projects where departmentation is done on
the basis of functions and products.

3. (a) Discuss some of the objectives of project


management information system.
(b) What is `Feedforward project control' ?
Differentiate between the feedback and
feedforward systems.

MS-52 1 P.T.O.
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4. (a) How can computers help in monitoring and


control of projects ?
(b) What do you understand by commissioning
of a plant ? What should be the objectives
of commissioning ?

Discuss the cybernetics approach to project


management control.
Discuss the trade-off between the activity
duration and the associated costs.

6. Write short notes on any two of the following :


(a) Pay Back period (PB) method for project
evaluation.
(b) Project Management Information System
(PMIS)
(c) UNIDO Method
(d) Critical path of the project

MS-52 2
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No. of Printed Pages : 2 I MS 052


-

MANAGEMENT PROGRAMME
Term-End Examination
December, 2016
MS-052: PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer any three questions from 1-5.
(ii) All questions carry equal marks.
(iii) Question no. 6 is compulsory.

1. (a) What are opportunity studies ? Sketch an


outline of a resource - based study.
(h) What are the traditional methods of
financial evaluation of the projects ? Why
are they considered deficient ?
2. (a) Explain the concept of Total Slack, Free
Slack and Independent Slack. Also give
formula for their computation.
(1) Discuss some sources of project financing
of public sector, joint sector and private
sector projects.
3. (a) What do you understand by contracting for
materials and equipment ? Briefly discuss
the three phases of contracting.
(b) "Unsuccessful projects are marked with
high level of dys-functional conflicts nearer
to the commissioning time". Comment.

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4. (a) What checks should be implemented into


the project management to ensure quality ?
(b) Why is it said that project review must be
carried out from time to time as the project
moves forward ?

5. (a) Discuss the importance of market and


demand analysis in Project Management.
(b) Explain the matrix form of organisational
structure of projects. Highlight its
advantages.

6. Write short notes on any two of the following :


(a) DPR and its importance in a Project
(b) Concept of Project 'DRIVER'
(c) External Commercial Borrowings (ECBs)
(d) Squared Networks

MS-052 2
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CC)
00 MANAGEMENT PROGRAMME
CD Term-End Examination
O
June, 2017

MS-052: PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)

Note : (i) Answer any three questions from 1-5.


(ii) All questions carry equal marks.
(iii) Question no. 6 is compulsory.

1. (a) Briefly describe the three distinct phases of


the development process of a typical project.
(b) What is the need for demand forecasting ?
What are the uncertainties faced in
forecasting the demand ? What are the levels
of demand forecasting ?

2. (a) Describe the three time estimates in which


an activity can be finished.
(b) Describe any two types of cost estimates for
costing and pricing of projects.

3. (a) Discuss the role of management information


system (MIS) in implementation and control
of projects.
(b) What is a PERT cost system to control costs
of a project ? What does it involve ?

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4. (a) How can computers help in monitoring and


control of projects ? Explain with an
example.
(b) Project implementation rarely proceeds as
per the forecasts. Discuss the key elements
in the control process of projects.

5. (a) "Decision made during the design phase


have major impact on the entire life cycle of
a project". Justify with reasoning.
(b) "Human resource must be recognised as the
most powerful resource in project
management". Comment!

6. Write short notes on any two of the following :


(a) Environment Impact Assessment (EIA)
(b) Precedence Diagramming Method (PDM)
(c) Contracts planning in projects
(d) Objectives of commissioning of the project

MS-052 2
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No. of Printed Pages : 2 I MS-0521

MANAGEMENT PROGRAMME
tr) Term-End Examination
tr")
December, 2017
O
MS-052: PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer any three questions from 1- 5.
(ii) All questions carry equal marks.
(iii) Question no. 6 is compulsory.

1. (a) Briefly discuss the UNIDO's outline of pre-


feasibility study for industrial projects.
(b) Why is economic analysis of projects
done ? What does it cover ?

"Management of materials and equipment


forms the core of project management".
Support your views with reasons.
Mention the sources of project financing.
Describe any one of them briefly.

Developing self directed project teams is the


key to improving effectiveness in project
management Elucidate.
Once we switch over to PERT-cost system,
can we do away with time-based project
control ? Explain with reasons.

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Discuss some quality control methods that


are prevalent in project management.
Highlight the importance of project team
review meetings.

5. (a) Discuss the role of Management


Information System (MIS) in
implementation and control of projects.
(b) Bring out the importance of site selection for
a new project. Is it an economic or personal
issue ?

6. Write short notes on any two of the following :


(a) Forecast versus Prediction
(b) Time/Cost trade-off in projects
(c) Project Work Breakdown Structure (WBS)
(d) Microsoft Project

MS-052 2
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tr MANAGEMENT PROGRAMME
Li) Term-End Examination
C.• June, 2018

MS-052: PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage 70%)
Note : (i) Answer any three questions from 1- 5.
(ii) All questions carry equal marks.
(iii) Question no. 6 is compulsory.

1. (a) Describe the pre-investment phase of a


typical project development cycle.
(b) Briefly discuss the techniques of financial
and economic evaluation of projects.

2. (a) Discuss the trade-off between the activity


duration and the associated cost. Why is it
said that all such activity duration reduction
may not be desirable ? Elaborate.
(b) Describe the 'Trigger Level Method' of
resource levelling.

3. (a) Explain feedforward project control.


Compare the feedback and feedforward
systems with the help of a diagram.
(b) "Developing self directed teams is the key
to improving effectiveness in Project
Management". Give your views on the
above statement.

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4. (a) Why is it said that the tools and techniques


of Project Management lend themselves to
easy computerisation ? Discuss.
(b) Highlight the importance of advance
planning of commissioning and integrating
it with project execution.

5. (a) Project implementation rarely proceeds as


per the forecasts. Discuss the key elements
in the control process of projects.
(b) Describe the three time estimates in which
an activity can be finished.

6. Write short notes on any two of the following :


(a) Mean Absolute Deviation (MAD)
(b) Estimates for Costing and Pricing of projects
(c) S - curves
(d) Teamwok in projects

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7r. MANAGEMENT PROGRAMME


oo Term-End Examination
December, 2018
MS-052 : PROJECT MANAGEMENT

Time : 3 hours Maxiinion Marks : 100


(Weigh tage 70%)
Note : (i) Anszver any five questions.
(ii) All questions carry equal marks.

1. What is a Detailed Project Report (DPR) ? What


is its importance in a project ? Briefly describe
the main contents of a DPR.

2. Describe the Social Cost Benefit Analysis (SCBA)


for economic analysis of projects. What is the need
for SCBA ? How does SCBA differ from monetary
cost and benefits analysis of the project ?

3. Differentiate between resource levelling and


resource allocation : Describe some methods of
resource allocation.

4. "Project scheduling is a complicated exercise -


especially for large projects." Discuss some issues
relevant to project scheduling and tirne analysis
of projects with respect to the given statement.

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5. Bring out the objectives of a project management


information system. What must be spelt out
clearly while designing a project management
information system ? Discuss.

6. "Project reviews play a vital role in taking stock


of the progress by measuring and evaluating the
current status and to take appropriate remedial
measures". Discuss.

7. Write short notes on any three of the following :


(a) Criteria for a good forecasting method
(b) Precedence Network diagrams
(c) Trade-off between the activity duration and
the associated cost
(d) Concept of Project 'DRIVER'
(e) Concept of Cybernetics

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No. of Printed Pages : 2 MS-052

MANAGEMENT PROGRAMME
Term-End Examination

1-1-7-'4=1
June, 2019

MS-052 : PROJECT MANAGEMENT

Time : 3 hours Maximum Marks : 100


(Weightage : 70%)

Note : Attempt any three questions from questions no.


1 to 5. All questions carry equal marks. Question
no. 6 is compulsory.

1. (a) Briefly describe the three distinct phases of


the development process through which a
typical project goes.
(b) What is the need of demand forecasting ?
Discuss various levels of demand forecasting.

2. (a) What is a matrix organization ? What are


the advantages of this organization design
when used for Project Management ?
(b) "Effective management of materials and
equipment plays a vital role in Project
Management." Comment.

3. (a) What checks should be implemented into


the project management to ensure quality ?
(b) Why is it said that project review must be
carried out from time to time as the project
moves forward ?
MS-052 1 P.T.O.
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4. (a) Discuss some of the objectives of project


management information system.
(b) What is "Feed Forward Project Control" ?
Differentiate between the feedback and feed
forward systems.

5. (a) Briefly discuss the importance of


pre-feasibility and feasibility studies in
ensuring success in operation phase of the
project.
(b) What is Social Cost Benefit Analysis
(SCBA) ? Explain the need of SCBA in
appraising projects.

6. Write short notes on any two of the following :

(a) Pay Back Period (PB) Method for Project


Evaluation
(b) Activity on Nodes (AON) Diagram

(c) Squared Networks in Project Management

(d) Progressive Scheduling Method of Resource


Allocation

MS-052 2 3,000
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No. of Printed Pages : 4 MS-051

MANAGEMENT PROGRAMME
Term-End Examination
December, 2019

MS 051: OPERATIONS RESEARCH


-

Time : 3 hours Maximum Marks : 100


(VVeightage : 70%)

Note : (i) Attempt any four questions.


(ii) All questions carry equal marks.

1. (a) Discuss the significance and scope of


Operations Research (OR) in modern
management. Explain in brief the role of OR
models in decision-making.

(b) What is Buffer Stock ? List the reasons for


keeping a buffer stock. Suppose the lead
time for procurement of a product gets
doubled, will you recomment doubling its
buffer stock ? Justify your answer.

2. (a) Briefly describe the Cutting Plane Method


for solving an Integer Programming
Problem.

MS-051 1 P.T.O.
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(b) What do you understand by


Non-linear Programming and Quadratic
Programming 9 What is the basic difference
between them ?

3. (a) What are the advantages and disadvantages


of Monte Carlo simulation as a problem
solving technique ?

(b) A vending machine dispenses hot chocolate


or coffee. Service time is 30 seconds per cup
and is constant. Customers arrive at a mean
rate of 80 per hour, and this rate is
Poisson-distributed.
Determine :
(i) The average number of customers
waiting in line.
(ii) The average time customers spend in
the system.
(iii) The average number in the system.

4. (a) In a game of matching coins, Player A wins


2 if there are two heads, wins nothing if
there are two tails and loses 1 when there
is one head and one tail.
Determine the payoff matrix, best strategies
for each player and the value of game to
Player A.
MS-051 2
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(b) An aircraft company uses rivets at a


constant rate of 2500 per year. Each unit
costs 30. The company personnel estimate
that it costs 130 to place an order, and
that the carrying cost of inventory is
10 percent per year. How frequently should
orders be placed ? Also determine the
optimum size of each order.

5. (a) A firm makes two products X and Y, and has


a total production capacity of 9 tonnes per
day. Both. X and Y require the same
production capacity. The firm has a
permanent contract to supply at least
2 tonnes of X and at least 3 tonnes of Y per
day to another company. Each tonne of X
requires 20 machine hours of production
time and each tonne of Y requires
50 machine hours of production time.. The
daily maximum possible number of machine
hours is 360. All of the firm's output can be
sold. The profit made is 80 per tonne of X
and 120 per tonne of Y.
Formulate this problem as an LP model and
solve it by using graphical method to
determine the production schedule that
yields the maximum profit.

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(b) A construction company has requested bids


for subcontracts on five different projects.
Five companies have responded. Their bids
are represented below :
Bid Amounts (in '000s)
I II III IV V
1 41 72 39 52 25
2 22 29 49 65 81
Bidders 3 27 39 60 51 40
4 45 50 48 52 37
5 29 40 45 26 30
Determine the minimum cost assignment of
subcontracts to bidders, assuming that each
bidder can receive only one contract.

6. Write short notes on any five of the following :

(a) Unbalanced Assignment Problem

(b) Branch and Bound Algorithm

(c) Sensitivity Analysis in LPP

(d) Periodic Review System

(e) Dual of an LPP

(f) FIFO and LIFO

MS-051 4 2,500
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No. of Printed Pages . 7 MS-51

MANAGEMENT PROGRAMME (MP)

Term-End Examination

June, 2020

MS ,51 : OPERATIONS RESEARCH


-

Time : 3 Hours Maximum Marks : 100

Weightage : 70%

Note : (i) Attempt any four questions.

(ii) All questions carry equal marks.

1. (a) "Executive at all levels in business and

industry come across the problems of

making decisions at every stage in their

day-to-day activities. Operations research

P. T. O.
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[2] MS-51

provides them with various quantitative

techniques for decision-making and

enhance their ability to make long range

plans and solve everyday problems of

running a business and industry with

greater efficiency, competence and

confidence." Elaborate the statement with

suitable examples.

(b) What do you understand by simulation ?

How is a simulation technique better than

mathematical models in solving problems

of business and industry ? Discuss taking

suitable examples.

2. (a) What is goal programming ? Highlight

major differences between linear

programming and goal programming.


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I 31 MS-51

(b) Explain the Branch and Bound method for

solving an integer programming problem.

3. (a) Discuss the application of dynamic

programming in decision-making. How is

this different from linear programming ?

(b) A motor company purchases 9000 motor

spare parts for its annual requirement,

ordering one month usage at a time. Each

spare part costs 20. The ordering cost

Per order is 15 and the carrying charges

are 15% of the average inventory per year.

You have been asked to suggest more

economical purchasing policy for the

company. What advice would you offer and

how much would it save the company per

year ?

P. T. 0.
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[4] MS-51

4. (a) What do you understand by 'Game' in the

context of Game theory ? What is the

`strategy' of a player ?

(b) A self-service store employs one cashier at

its counter. Nine customers arrive on an

average every 5 minutes while the cashier

can serve 10 customers in 5 minutes.

Assuming Poisson distribution for arrival

rate and exponential distribution for

service time, find :

(i) Average number of customers in the

system,

(ii) Average number of customers in the

queue,

(iii) Average time a customer spends in the

system, and
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(5] MS-51

(iv) Average time a customer waits before

being served.

5, (a) Solve the following Linear Programming

Problem by Graphical method :

Min z = 4x1 — 2x2

Subjecto:

x2 514

3x1 +2x2 a.36

2x1 + x2 5 24

and x1 ,x2 O.

(b) A company has three plants at A, B and C

which supply warehouses located at

D1 ,D2,D3 and D4. Daily plant capacities

are 11, 13 and 19 respectively. Daily

warehouse requirements are 6, 6, 8 and 23

P. T. O.
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[ 61 MS-51

respectively. The unit transportation costs

in Rupees are given below :

Warehouse

Di D2 D3 D4

A 21 16 15 3

Plant B 17 18 14 23

C 32 27 18 41

Determine an optimum distribution for the

company in order to minimize the total

transportation cost by Vogel's

approximation method. How much is the

cost ?

6. Write short notes on any four of the

following :

(a) Buffer stock


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71 MS-51

(b) Degeneracy in LP problem

(c) North West Corner rule

(d) Sensitivity Analysis

(e) 2 x n games

(0 Unbounded solution

MS-51 2200

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