Project Management — DU B.Com (P) Previous Year Question Papers

1. (a) Elaborate project management process? What are le key principles of project management? (9) (b) What are the key steps involved in Project Stakeholder Analysis? (9) (a) What is a project? Describe the key characteristics of a project with relevant examples to illustrate each characteristic. (9) (1) Discus the key responsibilities of a project manager, highlighting how they contribute to • effective project management. Provide examples to support your answer. (9) 5. Write short notes on any two of the following: (b) Project Closure (c) Project Life Cycle (d) Technical Feasibility ID Activity Predecessor Time A Order Review None 2 B Order Standard Parts A 15 C Produce Standard Parts A 10 D Design Custom Parts A E Software Development A 18 F Manufacture Custom Hardware C,D 2. (a) What are the various sources of funds (any 3) available for a project, and what are the advantages and disadvantages of each source? (9) (b) Define marketing feasibility. Explain its role in determining the viability of a project and how it impacts the decision-making process. (9) (a) What are the tax considerations and legal aspects that should be taken into account when planning and executing a project? (9) (b) What are some common challenges that project managers face when creating and managing a project budget? (9) (b) Compute the early and late activity times and the slack times (forward pass and backward pass). (8) (c) Identify the critical path. (4) (a) State the major similarities between PERT and CPM. Under what circumstances is CPM a better technique of project management than (b) Highlight the essential components of a well-structured project report and explain how it facilitates decision-making for stakeholders. 4. The project information for the custom order project of the ACC Ltd. is presented here: ID Activity Predecessor Time A Order Review None 2 Order Standard Parts A 1 C Produce Standard Parts A 10 D Design Custom Parts A 13 E Software Development A 18 F Manufacture Custom Hardware C, D 15 (a) Draw a project network for this project. (6) 3. (a) Explain the business criteria of growth, liquidity, and profitability in detail. How do these factors interrelate and contribute to the overall success of a business? (9) (b) What is the Social Discount Rate? Explain its significance in evaluating public investment projects. (9) (a) A project requires an initial investment of Rs. 50,000 and is expected to generate annual cash flows for the next 5 years as follows: fate te peace lane