Birla Institute of Technology (BIT Mesra) 2006 PROJECT MANAGEMENT - Question Paper

Birla Institute of Technology & Science, Pilani

Distance Learning Programmes Division

Second Semester 2006-2007



Mid-Semester Test

(EC-1 Regular)



Course No. : QMJ ZG523

Course Title : PROJECT MANAGEMENT

No. of Pages = 1

No. of ques. = five
Nature of examination : Closed Book

Weightage : 40%

Duration : two Hours

Date of examination : 03/02/2007 (AN)

Note:

1. Please follow all the Instructions to Candidates provided on the cover page of the ans book.

2. All parts of a ques. should be answered consecutively. every ans should begin from a fresh page.

3. Mobile phones and computers of any type should not be brought inside the exam hall.

4. Use of any unfair means will outcome in severe disciplinary action.



Q.1. Project management has also been called ‘risk management.’ explain whether this is an improper description of the field or not , giving reasons and examples for your arguments. (8)



Q.2. What do you understand by ‘program management?‘ Is program management the identical as project management or are they different? explain fully giving examples the use of both the phrases in different situations. (8)



Q.3. How does a project manager arrive at a suitable tech. configuration for his project? explain all aspects giving suitable examples. (8)



Q.4. Develop a budgeting procedure for a contractor who works on small housing projects. (8)



Q.5 (a) discuss ‘accounting rate of return‘ with a suitable example.



Q.5 (b) Consider a project whose data is provided beneath :



Year
Book value of investment, Rs
Profit after tax, Rs

1
90,000
20,000

2
80,000
22,000

3
70,000
24,000

4
60,000
26,000

5
50,000
28,000




compute the accounting rate of return for this project. Is the project good for investment? (2 + four + two = 8)



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Earning:   Approval pending.