TYBSC Information Technology, Semester - 6, April - 2011,
Elective III, Project Management.
(3 Hours) [Total Marks : 100]
(2) Attempt any four from Question Nos. 2 to 7
(3) Make suitable asssumpations wherever necassary and state the assumpations made.
(4) Answer to the same question must be written together.
(5) Number to the right indicates marks.
(6) Draw neat labelled diagrams wherever necassary.
|1.||Answer the following :-|
|Micheal Dell, at the age of 19, founded Dell computer with a simple vision and|
|business concept that personal computers could be built to order and sold|
|directly to customers. At the age of 31, he was a billonaire. He once said." I|
|have always tried to surrond myself with the best talent I could find. When|
|you are the leader of a company, be it large or small, you cant't do everything|
|yourself. The more talented people you have to help you, the better off you|
|and the company will be. This I believe is one of the success factors that|
|helped me build Dell". Dell always recruited yound, energetic and talented|
|people. He believes that business is all about building teams and building|
|talent in the organization. According to him, it is the most essential component|
|of success as diversity of ideas and input helps a lot in making better|
|decisions. Dell always encourage his tams, even if some of their products fail|
|or have to be scrapped. He motivates them to work better on their next|
|product. Effective teamwork is enhanced when leadership is supportive and it|
|happens only when the team manifests certain charachteristics.|
|a)||Dell believes that business is all about building teams and building talent in||8|
|the organization. Do you agree? Justify.|
|b)||What are the different types of leadership styles? Discuss and highlight||7|
|Micheal Dell's leadership style.|
|c)||Enlist the critical success factors of Dell Company that you identify in the||5|
What is "Line and staff organization"? What are the complaints of line
|executives against staff executives? What are the counter agruments of|
|staff executives? If you are an arbitartor, how will you resolve their confilct?|
|b)||"In the execution of the project,project milestones serve as the Go/No Go"||6|
|control points for executive decision-making. Explain this statement.|
|c)||Explain the need for "Modeling systems"as far as "Decision Making" is||6|
Enlist and explain the roles/responsibilties of a project manager.
|b)||What are the reasons for the ineffective control?||6|
|c)||What is project? What are the features/characteristic of the project?||6|
What is cash flow? Why it is to be estimated? Explain the basic principles
|of cash flow estimation with neat diagram.|
|b)||What is negotiation? Why it is considered as an important skill/quality that||6|
|the project manager should possess?|
|c)||What are the life-cycles of a project?||6|
What are the different elements of a project plan?
|b)||What are the different types of projects?||5|
|c)||What are the procedures of decision making?||5|
|d)||What are the commercial aspects of CPM?||5|
Distinguish between :
|a)||Financial Audit and Project Audit.|
|b)||Project Administration and Project Authority.|
|c)||Functional organization and Matrix organization|
|d)||Top-down budgeting and bottom-up budgeting|
Write short notes on:
|a)||Estimated time (te)|