PROJECT MANAGEMENT ISBM ONGOING EXAM ANSWER SHEETS PROVIDED

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PROJECT MANAGEMENT
Attempt all questions
1. Give a detailed description on “Detailed Project Report”. Indicate the Pros and Cons of it also.
(10 Marks)
2. What is Project Management Information System? Why is a Project Management Information
System considered to be of immense importance in a project? In designing a Project Management
Information System what parameters are to be spelt out clearly in line with the objectives of the
Project management Information System? (20 Marks)
3. Technology and processes play crucial role in certain projects. What the key issues are in regards
to choice of technology, equipment and processes at the stage of formulation of Detailed Project
Report?
(10 Marks)
4. Given the activity mean and Standard Deviation, Find the probability that the project will take
more than 10 weeks to complete. (20 Marks)
Activity
Mean Standard Deviation
1 – 2 5 1
2 – 3 4 1
1 – 3 8 1
AN ISO 9001 : 2008 CERTIFIED INTERNATIONAL B-SCHOOL
5. For the following network data ,
(20 Marks)
(a) Identify the Critical Path and its duration
(b) Calculate the total network slack time.
Job
(Activity)
Network
Initial Node
Network
Final Node
Estimated Time(days)
A 1 2 2
B 1 3 3
C 1 4 3
D 2 5 3
E 2 9 3
F 3 5 1
G 3 6 2
H 3 7 3
I 4 7 5
J 4 8 3
K 5 6 3
L 6 9 4
M 7 9 4
N 8 9 3
O 9 10 2