GTU BE 8th Semester 2181501 Project Management Summer 2018 Question Paper

1
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
BE ? SEMESTER – VIII (NEW SYLLABUS) EXAMINATION- SUMMER 2018
Subject Code: 2181501 Date:04-05-2018
Subject Name: Project Management
Time: 10:30 AM to 01:00 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

MARKS
Q.1 (a) What is ?Project?? How does it differ from an activity? 03
(b) Explain in brief the important parameters of project. 04
(c) What do you understand by project management? Describe the steps required
for project management approach.
07

Q.2 (a) How to conceptualize the project? 03
(b) How to identify the right project? 04
(c) Explain the concept of feasibility report with suitable example. 07
OR
(c) What is the role of opportunity scanning and identification in setting up a
small enterprise? How would you carry out opportunity analysis for a Paper
mill project in Morbi area.
07
Q.3 (a) Explain the term : Financial appraisal. 03
(b) What are the different factors to be considered during technical appraisal of a
project?
04
(c) What are the short comings of bar charts and what are the remedial measures
to reduce them ?
07
OR
Q.3 (a) Explain the term : Social appraisal. 03
(b) DIC is considered to be a single window service organization for small
entrepreneurs. – Describe in detail.
04
(c) A project consists of 8 activities A,B,C,D,E,F,G and H with their time of
completions as follows :

Activities A B C D E F G H
Duration (weeks)3 5 4 2 5 6 4 3
The precedence relationships are as follows :
A and B can be performed in parallel.
C and D cannot start until A is complete.
E cannot start until half the work of activity C is complete.
F can start only after activity D is complete.
G succeeds C.
H is the last activity which should succeed E (a) Draw the bar chart. (b) What is the total time of completion of the project?
07
Q.4 (a) What is purpose of using dummy activity? 03
(b) What are the components of cost of projects? 04 1
Seat No.: ________ Enrolment No.___________
GUJARAT TECHNOLOGICAL UNIVERSITY
BE ? SEMESTER – VIII (NEW SYLLABUS) EXAMINATION- SUMMER 2018
Subject Code: 2181501 Date:04-05-2018
Subject Name: Project Management
Time: 10:30 AM to 01:00 PM Total Marks: 70
Instructions:
1. Attempt all questions.
2. Make suitable assumptions wherever necessary.
3. Figures to the right indicate full marks.

MARKS
Q.1 (a) What is ?Project?? How does it differ from an activity? 03
(b) Explain in brief the important parameters of project. 04
(c) What do you understand by project management? Describe the steps required
for project management approach.
07

Q.2 (a) How to conceptualize the project? 03
(b) How to identify the right project? 04
(c) Explain the concept of feasibility report with suitable example. 07
OR
(c) What is the role of opportunity scanning and identification in setting up a
small enterprise? How would you carry out opportunity analysis for a Paper
mill project in Morbi area.
07
Q.3 (a) Explain the term : Financial appraisal. 03
(b) What are the different factors to be considered during technical appraisal of a
project?
04
(c) What are the short comings of bar charts and what are the remedial measures
to reduce them ?
07
OR
Q.3 (a) Explain the term : Social appraisal. 03
(b) DIC is considered to be a single window service organization for small
entrepreneurs. – Describe in detail.
04
(c) A project consists of 8 activities A,B,C,D,E,F,G and H with their time of
completions as follows :

Activities A B C D E F G H
Duration (weeks)3 5 4 2 5 6 4 3
The precedence relationships are as follows :
A and B can be performed in parallel.
C and D cannot start until A is complete.
E cannot start until half the work of activity C is complete.
F can start only after activity D is complete.
G succeeds C.
H is the last activity which should succeed E (a) Draw the bar chart. (b) What is the total time of completion of the project?
07
Q.4 (a) What is purpose of using dummy activity? 03
(b) What are the components of cost of projects? 04
2
(c) The time estimates for three activities A, B and C are as follows :
Activity Optimistic
Time
Most likely
Time
Pessimistic
Time
A 9 11 12
B 5 7 11
C 4 9 11
Determine expected time and variance for each activity. Which activity has
more reliable time estimates?
07

OR
Q.4 (a) Discuss the role of Technical Consultancy Organizations. 03
(b) Define : (i) SSI (ii) Tiny sector industry (iii) Ancillary industry 04
(c) From the information given below, draw the PERT network :
Activity Optimistic Most Likely Pessimistic
10-20 6 9 18
10-30 5 8 17
20-40 4 7 22
30-40 4 7 16
40-50 4 10 22
20-50 4 7 10
30-50 2 5 8
Determine the critical path, its duration, earliest and latest allowable
occurance time and slacks of all events. Also determine the probability of
completing the project in (i) 30 days and (ii) 35 days.
Given for Z = -1.066, Pr = 14.35
07
Q.5 (a) What care one should take for better drawing of network diagrams? 03
(b) Explain in brief the difference between PERT and CPM networks. 04
(c) The following list of activities must be accomplished in order to complete a
construction project:
Activity A B C D E F G H I J
Time (Weeks)4 10 6 3 2 8 6 5 7 8
Predecessor – – A,B A,B A C E,F D,F G,H I
Construct a network diagram for this project. Find critical path and duration
of the project. Also find all three kinds of floats for activity E.
07
OR
Q.5 (a) What is Updating of a network? When is it required? 03
(b) Discuss in brief the resources allocation problem. 04
(c) Based on the data given below, determine the optimum duration of the
project and the corresponding minimum cost.
Activity Normal Crash
Duration (week)Cost (Rs.) Duration (week)Cost (Rs.)1 – 2 8 800 6 1550
1 – 3 4 500 2 950
2 – 4 2 700 1 1000
2 – 5 10 900 5 1600
3 – 4 5 600 1 1200
4 – 5 3 600 1 800
The indirect cost of the project is Rs.700 per week. Draw the time-scaled
version of network at each step of crashing.
07

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