INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Paper-18.A PROJECT MANAGEMENT
DATE: 18.12.2016 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)
The organization represents the structure in direct vertical relationships through which authority flows.
The approach examines inter-relationships and interdependency of organizational parts.
is defined as uncertainty surrounding an event.
Matrix organization achieves efficiency, economy, and
Constraints that are due to physical limitations are
The check points in projects are called
is a graphical depiction of project path.
Insurance is an example of risk
Q.2. State True or False
a. Project objectives are always economical in nature.
b. Line of balance is a management technique to determine the value of completed tasks in a project.
c. CPM stands for crucial performance measures.
d. Maturity is a phase in project life cycle.
e. A committed project team is the first and foremost requirement for the success of a project.
f. Independent float is that part of total float that does not affect subsequent activities.
g. PERT is activity oriented network analysis.
h. Hurwicz approach to decision making is based on the criterion of realism.
Dec 2016
Q. 3. Expand the following
EIA
GERT
TEFR
PDM
ICB
IAA
LRM
PIR
Q.4. Match the following
A B
Gantt chart Contract type
WBS Crashing
Event Network
IRR Planning tool
Resource leveling Node
Earned value Project appraisal
Cost plus Activities
Fulkersion rule Work accomplished
PART B 48 marks
(Answer any three. Each question carries 16 marks)
Q.5. Project is a conversion model. Substantiate the statement. marks)
Explain project within project with suitable examples? marks)
Q.6. What are the requirements of a successful project manager? marks)
What is project risk? What are the steps involved in managing risk? marks)
Q.7. Explain concept and methods of project crashing. marks)
What is project closure? Discuss the steps involved. marks)
Q.8. Distinguish between (4x4 =16marks)
Precedence Diagram and Network diagram
Functional organization and divisional organization
Project and production
Risk reduction and risk acceptance
Q.9. Write short notes on any four (4x4 =16marks)
Matrix organization
Resource leveling
Project Budget
S curves
Project management software
PART C 20 marks
(compulsory)
Q.8. A project consists of 9 activities. The three time estimates of each of the activities along with the precedence relationships are given below.
Job
Predecessor
Time (days)
to
tm
tp
A

10
12
14
B

10
10
10
C

7
8
11
D
B
11
12
19
E
C
5
6
13
F
A,B
14
18
22
G
D,E
10
11
14
H
C
18
21
24
I
F,G
5
6
7
Questions;
Calculate the expected time and the variance for each activity. marks)
Draw the critical path diagram indicate the critical path marks)
Calculate the expected completion time of the project marks)
Calculate floats for each of the activities marks)
What is the standard deviation of the project marks)