You are on page 1of 26

Assignment questions

Define a project and what are its characteristics and objectives ? A project is a temporary endeavor undertaken to create a unique product, service, or result. Characteristics of a project : Objectives Life cycle Definite time limit Uniqueness Team work Complexity Risk and uncertainty
1)

Objectives : S MART Specific Measurable Attainable Relevant Time bound

2)What are various Phases of Project life cycle ? Conception Definition Planning & Organizing Implementation Clean up (Closing)

Project Life cycle

3) What are the various Roles and Responsibilities of a Project Manager ? Leader & manager Facilitator, coordinator Communicator Credibility: Technical/ Administrative Work under pressure Goal-oriented Innovator Versatility (able to adopt different functions and activities)

Project manager duties Reports to senior management Communicates with users Plans and schedules Obtains and allocates resources Controls risks Manages people Coordinates Implements quality assurance Controls the budget Delivers results

Responsibilities of Project Managers :


A project manager has to deliver the performance with better success rates. He is responsible for keeping in touch with the clients who have assigned the project to his company and make them aware of the status of the work finished. He should be able to lead his team and bring out the best in them. A project manager is also responsible for developing a good dialog and communication with the team member for the success of the project. By the virtue of being a manager, he has to maintain confidentiality. He is responsible for establishing easy communication between the employees and the higher authority. He is responsible for good team building, which is defined by success. He is responsible for accomplishing project objectives and the outcome (success or failure) of the project

4)How to identify a project and its process ? Process involved in project identification : Generation of Ideas: Ideas with the help of which product or services made have better quality and low price. Monitoring the business environment: Economic Sector Government Sector Technological Sector Competition Sector Supplier Sector

Project cycle by definition classifies the major stages of a project in a


symmetrical manner. planning, implementation and evaluation

Identification

Evaluation

Preparation

Implementation & Monitoring

Appraisal & Approval

Financing

Scouting For Project Ideas :



Analyze the Performance of Existing Industries Examine the Inputs and Outputs of Various Industries Review Imports and Exports Study Plan Outlays and Governmental Guidelines Look at the Suggestions of Financial Institutions and Development Agencies Investigate Local Materials and Resources Analyze Economic and Social Trends Study New Technological Developments Draw Clues for Consumption Abroad

5)What Criteria followed for selecting different Projects

Realism Capability Flexibility Ease of Use

Cost
Easy Computerization

7)What are the various selection Models : Project selection Models : Two Basic types of Models Numeric Non Numeric

Non Numeric models: Sacred cow Operating necessity Competitive necessity Product line extension Comparative benefit model

Weighted Scoring models Weighted scoring model is a tool that provides a systematic process for selecting projects on many criteria Steps in identifying a weighted scoring models : Identify criteria important to the project selection process Assign weights ( %) of each criterion so they add up to 100% Assign scores to each criterion for each Project Multiply the scores by the weights to get the total weighted scores

Weighted Scoring table


No 1 Criteria Supporting Key Business activities Has strong internal Sponsor Has a Strong Customer Support Realistic level of technology Can be implemented in one year or less Provides Positive NPV 7 8 Has low risk in meeting scope time and cost Weighted Project Scores 100% 56 78 50 41 20% 10% 50 20 70 50 50 50 50 90 Weights 25% P1 90 P2 90 P3 50 P4 20

2
3 4 5

15%
15% 10% 5%

70
50 25 20

90
90 90 20

50
50 50 50

20
20 70 90

8)Briefly explain the schematic diagram feasibility study ?

9)Differentiate between Business plan and Feasibility study ?

10) What are the various Stages of Project formulation : 1. Feasibility Analysis 2. Techno-Economic Analysis 3. Project Design and Network Analysis 4. Input Analysis 5. Financial Analysis 6. Cost-Benefit Analysis 7. Pre-Investment Analysis

11)Discuss BCG Product Portfolio Matrix as a portfolio planning tool.

13)Mention the various facets of project analysis. Describe any three of those facets in detail. Market analysis Technical analysis Economic analysis Financial Analysis Environmental analysis

14)In identifying investment opportunities, along what dimensions a firm may appraise its strengths its weaknesses.

SWOT analysis

1) What do you mean by Optimal Capital structure of a project ? 2) What are the sources of positive NPV ? 3) What is discounted PBP 4) List the components of cost of project 5) Define project planning and control 6) What is financial Break even point 7) What are social Costs 8) What is project Rating Index?

optimal capital structure is the such amount of capital which a company maintains while seeing its cost. optimal capital structure means using the resources of capital optimally, at is where they can utilized properly.

You might also like