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Birla Institute of Technology & Science, Pilani

Work-Integrated Learning Programmes Division


First Semester 2014-2015

Comprehensive Examination
(EC-3 Regular)

Course No. : HHSM ZG519


Course Title : PROJECT MANAGEMENT
Nature of Exam : Open Book
Weightage : 50% No. of Pages =2
Duration : 3 Hours No. of Questions = 6
Date of Exam : 08/11/2014 (AN)
Note:
1. Please follow all the Instructions to Candidates given on the cover page of the answer book.
2. All parts of a question should be answered consecutively. Each answer should start from a fresh page.
3. Assumptions made if any, should be stated clearly at the beginning of your answer.

Q.1. A project is composed of following activities whose time estimates are listed in the
following table.

Activity Predecessor Optimistic Time Most Likely Time Pessimistic Time


A - 2 6 9
B A 6 8 10
C A 1 4 8
D B 7 10 12
E C 5 11 17
F D 11 12 14
G B 8 12 15
H F 7 18 19
I G,F,J 5 7 14
J E 3 4 5
K H 2 4 9
L H 5 6 7
M E 6 8 10
N I,L,M 3 17 21
O K 9 11 15
P E 7 12 14
Q N,O 1 3 4
R P,Q 3 5 7

(a) Draw the project network and determine the critical path and expected project
duration?
(b) Find the free slack and total slack for non-critical activities
(c) Determine the probability of completing the job in 84 days and 78 days.
(d) What due date has about 70% chance of having met? [3 + 3 + 4 + 2 = 12]

Q.2. For a design project following data are given :


BCWP = $ 7000 ACWP = $ 8000 BCWS = $ 7500 BAC = $ 1,50,000

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Calculate : CV, SV, CPI, SPI, ETC and EAC. What conclusion do you get from the above
findings on the status of the project? [8]

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HHSM ZG519 (EC-3 Regular) First Semester 2014-2015 Page 2

Q.3. Prepare a manpower plan based on early start times for a project consisting of 10
activities, the details of which are given in the following table and perform resource
allocation with a constraint of 10 men availability per day. [10]
Activity Predecessor Duration (days) Manpower Required
per day
A - 1 7
B A 4 1
C A 3 4
D A 2 3
E A 2 5
F B 2 8
G C 2 2
H D 3 6
I G,H 1 9
J E,I 3 10

Q.4. The cost time data for a manufacturing project are given in the following table:
Activity Predecessor Normal Time Normal Cost Max. Crash Cost Slope
(in days) (in $) Time
A - 3 50 1 20
B A 5 60 2 60
C A 3 70 1 40
D A 10 50 0 0
E B 6 100 3 50
F C 7 90 3 100
G D,E,F 5 50 1 70

(a) Draw the project network and find the total cost and project duration?
(b) If the indirect costs for each project duration are $400 (19 days), $350 (18 days),
$300 (17 days) and $250 (16 days), compute the total project cost for each
durations.
(c) What is the optimum cost-time schedule for the project? [3 + 5 + 2 = 10]
Q.5. For the following situation, explain the risk handling option used:
(a) A company has decided to handle its marketing risks by offering a family of
products to its customer base. Different features exist for each product offered.
(b) A company has product lines with a life expectancy of ten years or more. The
company is handling its technical risks by performing extensive testing on new
components and performing parallel technical development efforts for downstream
enhancements.
(c) A company decided to shift the manufacturing facility from one location to another
location due to anticipation of labor problems and local people protests.
[2 + 2 + 2 = 6]

Q.6 (a) How does a project closure review differ from the performance measurement control
system?
Q.6 (b) What information would you collect during a project audit? [2 + 2 = 4]

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