Assignment unit-I Project Management 1. Briefly explain project life cycle management? What are the features of a project?

2. Write short notes on project formulation and feasibility report of a project? 3. What are the characteristics of a project? 4. What are the sources of project ideas? Discuss how a project rating index can be used in screening the projects? 5. What are the components of demand forecasting? Explain the need for demand forecasting? 6. What are the different judgmental techniques for forecasting? When each technique is recommended for forecasting? 7. What is time series analysis? What are the components of time series? 8. Discuss forecast errors? 9. When casual forecasting method is used? 10. A company manufacturing tractors find that there exists a relationship between sales of tractors and index of the agricultural income. The following data has been collected by the company for the last five years. Years Income Index Sales(000) 1988 1989 1990 1991 1992 125 100 140 112 180 130 190 150 220 280

Fit a regression line. Estimate the sales for the year 1993. 11. Use 6 months moving average with trend to determine the future demand for the following data? What is the forecast for period 13? And for period 20?
January February March April May June July August September October November December

317

194

312

316

325 338 317

350

428

411

495

410

12. Compute the trend adjusted exponential forecast for period 5 for the following data. Assume the forecast for the first period as 3 units and corresponding initial trend as1. Period 1 2 3 4

Demand 4 5 4 6

13. What aspects are considered in technical analysis of a project? Briefly explain the factors to be considered on the choice of technology and its evaluation? 14. What are the broad types of materials and inputs? How would you assess the reasonableness of material and input requirements for a project? 15. What is the present value of an income stream which provides Rs.1000 at the end of year one, Rs.2500 at the end of year two, and Rs.5000 during each of years 3 through 10 if the discount rate is 12%.