Code-35148 2018-19 DEPARTMENT OF CIVIL ENGINEERING B.Tech. VII Semester Examination Project Management CE-484 (Open retive ) Maximum Marks:60 Duration; Two Hours Note: (i) Answer ALL Questions Gi) Answer to any part of the question shoud begin from FRESH page iil) All parts of a question should be attempted in sequence in one capy (iv) All questions earry equal marks (v) Assume any data if not given Q.1 fa} Write down the definition of the project given by Project (2) Management Institute USA and UNIDO. (b) Define and discuss various phases of project in detail with rca examples (©) Explain essential factors of production in brief “ Q2 fa) Explain six inherent nature of a project in detail withexamples —— €6) 4b) Define and explain the following types of cost with example (6x1=6) (Conversion Cost (ii) tnpurted Cost (iii) Opportunity Cost (iv) Intrinsie Cost (vb Replacement Cost (vi) Annual Cost Q3 (a) Explain the folowing concepts, used as in statistical analysis of a et of datla 16) (i) Arithmetic Mean ti?) Geometric Mean Civ) Range (x) Variance (vi) Deviation and § i) Hartman Mean tundlard Deviation Also mention suitability of se ofeach concept along with inherent type of data ond phenomenon under study ith example (b) In figure -1, a PERT Network fora Product Development Project (5) is given alang with Optimistic, Most Likely and Pessimistic Time Estimates, On the basis of data given in network, determine the ritical Path and Project Completion Time having probability of 50 percent Contdase eB.Q4 Qs a) 4b) Saige What da you understand by the tems spevilieation. in context of purchasing? Explain different types of specifications used in industry with example Discuss in detail the process of establishing Need Definition in coniext of purchasing of eapite ‘equipment OR In what ways commercial purchasi Purchasing? ig is differem from house hold What are the various is6nes Capital Equipment? examined, during the purchase of Discuss concep of wage and fis types in derail Discuss basic philosophy of various eypes of rewards offered in lieu of achievement iy a worker in the industry oR Discuss in derail various factors which determine the wage Fixation Discuss various elements of 1 Planniag 3518 16) 16) 1) 18) 46) 16) @) (6