Examination Paper of Project Management IIBM Institute of Business Management Examination Paper MM.100 Project Management Section A: Objective Type & Short Questions (30 marks) This section consists of Multiples choice and Short Note Type questions. Answer all the questions. Part one carries 1 mark each and Part Two carries 4 marks each. Part One: Multiple choices: 1. Liquidation value of the firm’s assets could be considered as________________ a. The minimum wealth
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element of strategic management? Answer | a. | formulating cross-functional decisions | | b. | implementing cross-functional decisions | | c. | evaluating cross-functional decisions | | d. | eliminating cross-functional decisions | Which statement about organization for project management is best? Answer | a. | The overall structure of the organization specifies how project team members should communicate with the project manager. | | b. | The internal project team structure specifies
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What does it mean to take a systems view of a project? How does taking a systems view of a project apply to project management? Through a systems perspective‚ you will view a particular project in terms of how the project will fit with the system and also how one can better the project for the particular system. Explain the four frames of organizations. How can they help project managers understand the organizational context for their projects? Structural Focuses on roles and responsibilities
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Ivailo.peev@abv.bg PM 401 – Project management Aris Zogopoulos Final Exam March 5‚ 2012 1. Determine bread-and-butter‚ pearls‚ oysters and white elephants projects. (15%) Developing project portfolio matrix is the most important part of creating a project. Fours quadrants determine the matrix - Bread-and-butter‚ pearls‚ oysters and white elephants. Bread-and-butters project means evolutionary improvements to current products and service and it is low risk project with law reward. Pearls
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response proposing leadership styles you would recommend for the Denver Airport Project. Please choose a combination (two or three) of the eight leadership styles presented in the Thompson textbook (Chapter 11: Leadership: Managing the Paradox). Please note that you are to also use three other sources from the internet or the DeVry online library. All sources must be cited. After reading the Denver Airport Project out of the eight leadership styles I believe active leadership‚ task leadership‚
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Improvement de Mexico‚ SA de CV Expansion Project Plan Project Masters‚ LLC Tyler M. Falcone Chanda M. Morris Sean P. Riley Michael S. Wenthold AMBA640‚ Section 9244 Professor Williams April 24‚ 2010 Table of Contents Executive Summary 1 Introduction 3 Existing Knowledge 3 Work Breakdown Structure (WBS) 5 Dependencies 7 Construction Analysis 9 Required Resources 11 Pre-Construction: 11 Construction: 12 Project Completion and Final Inspection: 12 Delivery
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that Altex had to submit to the Army‚ within 60 days after contract award‚ a formal project plan for the two-year ATMP effort. Contracts at that time did not require that a risk management plan be developed. A meeting was held with the project manager of R& D to assess the risks in the ATMP effort. PM:“I’m in the process of developing the project plan. Should I also develop a risk management plan as part of the project plan?” Sponsor:“Absolutely not! Most new weapon systems requirements are established
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decide to use a soft color such as baby pink‚ baby blue‚ baby purple and mint green. Material uses cotton and chiffon. Therefore‚ this project would use functional organization structure; my project team member included Design‚ Manufacturing‚ Account‚ Marketing‚ Sales department. 2. Project scope ← Project objective The project called “2013 Spring Collection”; should be a fresh and soft image‚ after cold winter flower bloom. Female every season must buy new clothes to
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2/1/2013 12MCOM03: Project Management SESSION – 6 & 7 j ‚ y Project: Time‚ Cost & Quality Estimating Projects • Estimating – The process of forecasting or approximating the time and cost of completing project deliverables. – The task of balancing the expectations of stakeholders and the need for control while the project is implemented • Types of Estimates – Top-down (macro) estimates: analogy‚ group consensus‚ or mathematical relationships – Bottom-up (micro) estimates: estimates of
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customer database as well as having secure links over which credit card data can be received. In addition‚ the company wants its management information system (MIS) enhanced so that it can trawl its databases and send targeted information to customers on properties that are likely to be of interest to them. It is predicted that‚ if successfully implemented‚ this project should increase sales of France Vacances’s products by 20 percent through the introduction of this internet-based booking system
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