INDIAN INSTITUTE OF MATERIALS MANAGEMENT
Post Graduate Diploma in Materials Management
Paper-18.A Project Management
DATE: 18.06.2016 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. Fill in the blanks
is statical analytical method to monitor the performance of a group of people
working on a project.
Sum of rating of individual workers x 100 No. Of persons in the group.
The demand for a product generally tends to follow a predictable pattern called the
Only drawback of is that the interdependency of various activities cannot be shown
fully
The drawing of the arrow diagram is also called
In case of organisation, functional personnel are not directly reporting to the project
manager.
may be designed as the logical process which takes into account the quantitative
analysis of the various parameters that affect decision making.
states the actual cost, resource and schedule against plan.
Q. Match the following
Column A Column B
1. LOB Use of risk tool kits or simulation by computer or other aids may uncover risks.
2. EIA Technique to determine various phases of projects
3. Gantt Chart
Used to calculate the cumulative expenditure of certain parameters against
time.
4. Modeling Process of determining the impact of project on the environmental resources.
5. WBS This is the total budgeted cost for the entire project work.
6. Crashing
Breaking of entire project in to sub-projects and sub-projects into sub-subproject
7. CTW is used for the purpose of product/project scheduling and dispatch
8. S-Curve
refers to assigning resources in addition to existing resources to get work done
faster, associated with additional cost such as labour, equipments, etc.
June 2016
Que State True/false of the folowing
In project cleanup phase, the project is handed over to the customer for production.
Delphi study is carried out with the help of group of experts
Dummy activity is used for logic completion.
Float/Slack means extra time available over and above its duration.
Free float of an activity is that part of the total float which does not affect the subsequent
activities.
Matrix organisation is not that much flexible as compared to traditional functional
organisation.
Under Laplace criterion, the strategy chosen is the one which maximize the minimum
payoffs.
Project documentation is essential for reference for future change in deliverables such as
features to be added/deleted
Q. Expand the following
EMAS
APC
PACE
TEFR
GERT
AON
CADD
ACWP
PART B 48 marks
(Answer any three. Each question carries 16 marks)
Q. What are the various techniques of handling uncertainty in project management?
Describe the important phases of project life cycle.
Q. What is the role of Project consultant in project management?
Distinguish between CPM PERT
Q.7) Discuss the various techniques for project cost control.
What are the various project monitoring and controlling techniques?
Q. Below table shows the information related to a project that involves the merger of two
marketing firms (in days).
Activity
Immediate
predecessor
Estimated
durations (days)
A 10
B 15
C A 5
D B 12
E C,D 14
F B 8
G D,F 15
H E 10
I E,G 6
J F,I 9
Answer the following questions:
a. Draw the project network.
b. Develop the project schedule EFT, LST, LFT).
c. What are the critical activities?
d. What is the project completion duration?
e. If there is an option to delay one activity without delaying the entire merge project, which
activity would you delay and why?
Q. Write shot note on (any two)
Contents of project documentation
Techniques of project crashing
Environmental impact assessment
PART C 20 marks
Q. 10 compulsory
Activity
Required
Predecessor
Normal
Time
Normal
Cost
Crash
Time
Crash
Cost
A (None) 8 $4000 6 $6000
B (None) 5 1500 4 2000
C (None) 6 2500 4 3000
D A 4 1800 3 2000
E B 6 1000 5 1200
F C 7 2000 5 3000
G A 5 3000 3 6000
H F 8 4500 5 9000
I C 9 6000 4 10000
J F 6 6000 4 8000
K H 4 2000 3 2600
L F 6 3000 3 9000
M J 4 8000 2 12000
The scheduled completion time is 25 weeks. You must pay a $1500 penalty for every week you are
late. You get a $1000 bonus for every week you are early.
1. Show your network diagram.
2. Find the normal completion time and the critical path.
3. Determine the schedule that minimizes your total cost for this project, including any penalty or
bonus.
a. How did you decide when to stop trying shorter and shorter completion times?
b. How many weeks total should the project take?
c. What will your total cost be?
d. Which activities will be shortened from their normal times, and by how much?
e. Which activities are critical to the least cost schedule?