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Project Management CIE Test2 Compact

The document outlines key concepts in project management, including project scheduling, risk management, and quality improvement processes. It emphasizes the importance of prevention over inspection, continuous improvement, and shared quality responsibility among team members. Additionally, it discusses various project management techniques such as PERT, CPM, and the DMAIC process for achieving quality enhancement.

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0% found this document useful (0 votes)
36 views1 page

Project Management CIE Test2 Compact

The document outlines key concepts in project management, including project scheduling, risk management, and quality improvement processes. It emphasizes the importance of prevention over inspection, continuous improvement, and shared quality responsibility among team members. Additionally, it discusses various project management techniques such as PERT, CPM, and the DMAIC process for achieving quality enhancement.

Uploaded by

bishal754693
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© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as PDF, TXT or read online on Scribd

- 2. Prevention Over Inspection: Avoid defects early.

CIE - Test 2: Project Management (BME654A)


- 3. Continuous Improvement: Enhance quality regularly.

Date: 28/04/2025 - 4. Quality Responsibility: Everyone ensures quality.


- 5. Ensures consistent deliverables.
Q1. Define Project Scheduling. What is the purpose of a Project Schedule? Discuss the historical development (PERT, CPM, - 6. Supports stakeholder trust.
LSM). Q8. Write short notes on: (i) Kickoff project (ii) Cost estimating
- Project Scheduling is the process of listing project activities, milestones, and deliverables with their planned start and end dates. - (i) Kickoff Project:
- Purpose: - 1. Official start of project activities.
- 1. Ensures timely project completion. - 2. Introduce team and outline scope.
- 2. Helps manage resources efficiently. - 3. Set expectations and roles.
- 3. Provides a roadmap for execution. - (ii) Cost Estimating:
- 4. Enables monitoring and control. - 1. Predict required financial resources.
- 5. Supports decision-making and forecasting. - 2. Estimate labor, material, and overhead.
- Historical Development: - 3. Uses expert judgment and models.
- - PERT: Developed by U.S. Navy; uses probabilistic time estimates.
Q9. Explain the process of Project Risk Management.
- - CPM: Developed by DuPont; uses fixed time durations to identify the critical path.
- 1. Risk Identification: Detect potential threats.
- - LSM: Used in projects with repetitive tasks; focuses on location-based planning.
- 2. Risk Analysis: Evaluate impact and likelihood.
Q2. Explain the two-pass method used to develop project schedules. - 3. Risk Prioritization: Rank based on severity.
- 1. Forward Pass: Calculates earliest start and finish times. - 4. Risk Response Planning: Strategies for risks.
- 2. Backward Pass: Calculates latest start and finish times. - 5. Monitoring: Track risks throughout project.
- 3. Float Calculation: Float = LS - ES or LF - EF. - 6. Maintain risk register for control.
- 4. Identifies scheduling flexibility and critical path.
Q10. Explain the Risk Response Planning.
- 5. Aids in resource allocation and planning.
- 1. Avoidance: Change plan to eliminate risk.
- 6. Helps prevent schedule delays.
- 2. Mitigation: Reduce likelihood or impact.
Q3. Discuss the Project team composition issues to be considered when selecting team members. - 3. Transfer: Shift risk to third party.
- 1. Skills and Expertise: Match project requirements. - 4. Acceptance: Prepare contingency plans.
- 2. Role Clarity: Avoid overlap and confusion. - 5. Enhance: Increase chances of positive risks.
- 3. Communication Skills: Vital for coordination. - 6. Assign actions and responsibilities.
- 4. Team Compatibility: Harmonious collaboration.
- 5. Availability and Commitment: Throughout project.
- 6. Cultural and Organizational Fit: Align with goals.
Q4. Explain the ability needed to correctly resource a project by a Project Manager.
- 1. Resource Planning: Estimate types and quantities.
- 2. Allocation and Optimization: Assign efficiently.
- 3. Budget Awareness: Stay within financial limits.
- 4. Monitoring Utilization: Track and adjust usage.
- 5. Conflict Resolution: Handle resource disputes.
- 6. Risk Management: Plan for shortages or excess.
Q5. Explain DMAIC process for achieving quality improvement.
- 1. Define: Identify the problem and goals.
- 2. Measure: Gather data on current processes.
- 3. Analyze: Find root causes of issues.
- 4. Improve: Implement solutions for better quality.
- 5. Control: Maintain improvements over time.
- 6. Used for continuous process improvement.
Q6. While budgeting projects what are the various types of costs that are considered? Explain.
- 1. Direct Costs: Attributable to project tasks.
- 2. Indirect Costs: Shared expenses.
- 3. Fixed Costs: Constant regardless of output.
- 4. Variable Costs: Change with activity levels.
- 5. Sunk Costs: Incurred and non-recoverable.
- 6. Contingency Costs: For unforeseen risks.
Q7. Explain four core project quality concepts.
- 1. Customer Satisfaction: Meet or exceed needs.

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