INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Paper-18.A PROJECT MANAGEMENT
DATE: 17.06.2018 MAX. MARKS: 100
Time: 2.00 p.m. to 5.00 p.m. Duration 03 hrs.
INSTRUCTIONS
1. From Part answer four questions Compulsory). Each sub-question carries 01 mark. Total: Marks 32
2. From answer any 3 out of 5 questions. Each question carries 16 marks. Total Marks: 48
3. Part is a case study with sub questions Compulsory) Total Marks: 20
4. Use of calculator and/or mathematical table is permitted. Graph sheet can be used wherever necessary.

PART A mark each Total 32 marks)
Q.1. Fill in the blanks. (Do not reproduce the sentence)
Projects are for future benefits.
The output of a is always more than the combined output of its parts.
The ultimate manageable units in a project are called
A activity does not consume time or resource.
Matrix organization is a combination of and functional organization.
Resource helps an organization to make effective use of available resources to the maximum.
The S curve is a graphical depiction of project
Organization's activities, services and products that interact with environment are called environmental
Q.2. State True or False (Do not reproduce the sentence)
a. Project objectives are always social in nature.
b. The success of a project depends on the qualification of the project manager.
c. Insurance is a method of risk transfer.
d. Precedence diagram represents interdependency better than network.
e. CPM is event oriented whereas PERT is activity oriented.
f. Change control is a dynamic technique to control a project.
g. Functional structure organization is task-oriented team oriented.
h. The object of project crashing is to reduce project duration while minimizing project cost.
Q. 3. Expand the following
PACE
PERT
TEFR
PDM
FOB
IRR
WBS
EMS
June 2018
Q.4. Choose the correct answer from the multiple choices.
1. All are elements of a project except
One time activity defined start and ending date
Involves large investments Revenue generation from day one
2. Which is not a phase in project lifecycle
Pre-investment Investment
Maturity Termination
3. All are generic risk control measures except
Risk rejection Risk avoidance
Risk transfer Risk acceptance
4. The project planning technique used to depict time and quantity relation is
Network analysis Line of balance
Flow chart Gantt chart
5. DPR stands for
Defined Project Rules Draft Project Report
Daily Project Return Detailed Project Report
6. Which of the following is not a part of the 3e's of matrix organization
efficiency effectiveness
economy empowerment
7. A technique that is not useful in project monitoring and control is
S-curve Pie chart
Milestone analysis Earned value analysis
8. The decision model that gives equal opportunity to each strategic decision is
Hurwiz criterion Laplace criterion
Maximax criterion Minimax regret criterion
PART B 48 marks
(Answer any three. Each question carries 16 marks)
Q.5. Explain in your own words the term project and project management. marks)
The role of project consultant and contractors are critical for the success of a project.
Elaborate your answer citing examples. marks)
Q.6. What is project risk? What are its control methods? marks)
Explain the three phases in project management marks)
Q.7. Compare different types of project organizations. marks)
Explain resource leveling and the techniques used in resource leveling.
marks)
Q.8. Differentiate between S curve and Earned Value Analysis marks)
Discuss the steps involved in closing a project. marks)
Q.9. Write short notes on any four (4x4 marks)
Matrix organization
Line of balance
Project life cycle
Network analysis
Control of quality in project
PART C 20 marks
(compulsory)
Q.10. Data for a project is given below.
Activity
Predecessor
Time (in weeks)
Cost (in Rs)
Normal
Crash
Normal
Crash
A

3
2
18000
19000
B

8
6
600
1000
C
B
6
4
10000
12000
D
B
5
2
4000
10000
E
A
13
10
3000
9000
F
A
4
4
15000
15000
G
F
2
1
1200
1400
H

6
4
3500
4500
I
F
2
1
7000
8000
Questions:
Draw a project network diagram . marks)
Find the critical path and its duration. marks)
For a deadline of 17 weeks completion of the project, find out
The activities that will be crashed marks)
The additional costs incurred marks)
Critical activities after crashing marks)