DEPARTMENT OF ELECTRONICS& COMMUNICATION ENGINEERING

KAKATIYA INSTITUTE OF TECHNOLOGY & SCIENCE, WARANGAL

(An Autonomous Institute under Kakatiya University, Warangal)

UNIT-III
Assignment-VI
Class : B.Tech(ECE-II) VI-Semester (2016-17)
Code-Subject : U14OE 601B- Project Management
Assignment posted on : 13.03.2017
Date for Assignment Submission : 20.03.2017
Name of the faculty : Prof. G Raghotham Reddy
Marks: 15

1. (a).What is the role of executive in planning? [1]

(b). List the critical decision points of planning cycle. [1]

(c). Define CPM and PERT. [1]

(d). Write short note on global pricing strategies. [1]

(e). What are the estimating pitfalls that can impede the pricing function? [1]

2. Draw and explain planning cycle of a management cost and control systems (MCCS). [2]

3. List nine reasons and three major problem areas for stopping projects. [2]

4. Discuss about various suggestions that may increase organizational effectiveness and minimize personal
stress when closing out the project. [2]

5. Consider the details of the project as shown in the table. [2]

Activity Immediate Duration

predecessor (months)
A - 2
B - 5
C - 4
D B 5
E A 7
F A 3
G B 3
H C,D 6
I C,D 2
J E 5
K F,G,H 4
L F,G,H 3
M I 12
N J,K 8

a. Construct the CPM Network.

b. Determine the critical path and project completion time.
c. Compute total floats and free floats for non-critical activities.

6. Consider the following table summarizing the details of a project. [2]

 Activity Predecessor Duration
(weeks)
O M P

A - 5 6 7
B - 1 3 5
C - 1 4 7
D A 1 2 3
E B 1 2 9
F C 1 5 9
G C 2 2 8
H E,F 4 4 10
I D 2 5 8
J H,G 2 2 8

O=Optimistic time M=Most likely time P=Pessimistic time

a. Construct the project network.

b. Find the expected duration and variance of each activity.
c. Find the critical path and expected project completion time.
d. What is the probability of completing the project on or before 22 weeks?

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