DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
Third Semester
PROJECT CONTROL SYSTEM
(Upto 2012 -13 Academic Year and 2013 Calendar year)
Time Three hours Maximum 100 marks
PART A — 8 40 marks)
Answer any FIVE questions
1. Discuss the various types of project decisions.
2. Why ranking is important in multiple projects? Explain
the various methods of ranking.
3. List out the advantages and disadvantages of linear
programming model.
4. Describe the significance of Decision Tree Analysis.
5. Explain the concept of portfolio theory approach and state
its impotence.
6. Write short note on Critical path method with suitable
illustration.
7. What is meant by CVP analysis?
8. Explain the various components of Resource monitoring.
Sub. Code
32
DE-537
2
Ws1
PART B — 15 60 marks)
Answer any FOUR questions.
9. What is project Decision-making? Discuss the
information needs of different decision systems.
10. What is Queuing theory? Why it is important in project
Decision making? Discuss the various elements of
queuing models.
11. Explain the applications of Sensitivity analysis and
simulation in measuring the risk.
12. Explain the concept of Applied utility theory and
Abandonment value analysis.
13. What is project scheduling? Explain different techniques
for project scheduling.
14. Discuss the role of ICT in project management?
15. Discuss the various tools involved in project monitoring
and also highlight the involvement of MIS in project
control system.