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Question 1:
Explain the Scoring Method for project selection
a) Un-weighted 0-1 factor method and Weighted factor scoring method
b) Show the algorithm for solving the shortest-route problem
Step 1 - Prepare a master list Step 2 - Mark the source Step 3 - If the newly marked node is the sink, go to Step 5. If not, go to Step 4.Step 4 - Suppose all marked nodes having un-circled branches Step 5 - Z* is the value assigned to the sink. A minimum-cost path is obtained recursively,
Question 2:
Describe the rules for network construction. Show PERT method of project planning
Rules for the construction of a network -1. Each activity is shown by one arrow2. Each activity must be identified by its starting and end node 3. Nodes are numbered.4. Between any pair of nodes, there should be one and only one activity; 5. Arrows should be kept straight 6. Rules for the logical sequence (or inter-relationship) between activities PERT
• Explanation• Steps in the PERT Planning Process• Benefits of PERT• Limitations of PERT
Illustrate the examples of Work and Cost breakdown structure, which can aid budgeting planning? Illustrations of how WBS or CBS can aid budgeting planning: • Staff hours for
Advantages of Procedures 1) Procedures enhance efficiency. The sequence of steps for any operation have been laid out in advance and one only needs to follow the analysis to proc
Project control processes cannot be overemphasised in their significance to the success of a project. The project manager must continually take a pro-active approach in controlling
This is one of the most tedious and difficult phases of design yet quality literally depend upon the correctness and completeness of the manufacturing drawings and specifica
Explain about the work breakdown structure. Work breakdown structure (WBS): The concept of work breakdown structure (WBS) is to assist plan effectively for a project by b
Illustrate the method of On the Job Training for managers? Methods of ‘On – the Job Training’ for Managers are illustrated below: a. Experience: Under such method a person
Each group is to produce a strategy development report on the Red Ocean strategy they will submit in the Blue Ocean Strategy Simulation Game Red Round, first year. Each group will
• What do you consider are the leadership skills required of a project manager in relation to the processes involved in managing complex projects? • In any project it is important
Question 1: Describe Total Quality Management. What are the Costs involved with respect to ‘Quality'? Cost of Quality Meaning of TQM Quality Control Costs
Give an example of demonstrating a network or critical path by given activity and duration. Activity Duration (Wks) Preceded by
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