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SESSION MARCH 2024
PROGRAM M.COM
SEMESTER II
COURSE CODE & NAME DCM6205  –  PROJECT  PLANNING,  APPRAISAL  & CONTROL
   
   

 

 

Set – 1

 

 

  1. Define Project Initiation. Also discuss the sources of project ideas.

Ans 1.

Introduction to Project Initiation

Project initiation is the initial phase in the project management cycle, setting the stage for planning, execution, and closure of a project. It involves defining the project’s scope, objectives, and participants, ensuring that it begins with a clear vision and a defined path. This phase is crucial as it lays the foundation for the project’s direction, scope, and objectives, which guide all subsequent actions and decisions.

Definition of Project Initia

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  1. Write short notes on:
  2. a) Project Life Cycle
  3. b) Impact of delays on project completion

Ans 2.

  1. a) Project Life Cycle

The project life cycle is a sequence of phases that a project goes through from its initiation to its closure. It typically comprises four main phases: Initiation, Planning, Execution, and Closure. Each phase has distinct goals and tasks that are crucial for the project’s success.

  • Initiation Phase: This is where the project is defined and its feasibility is evaluated. Key activities include

 

3.Elucidate the matrix form of organizational structure. 

Ans 3.

The matrix form of organizational structure is a complex but highly dynamic framework designed to address the needs of organizations that deal with multiple projects simultaneously while also maintaining regular functional operations. It integrates aspects of both functional and project-based structures, aiming to leverage the strengths of both.

Characteristics of Matrix Organizational Structure

The matrix structure is characterized by a dual reporting system. This means that employees have two managers: a functional

 

 

Set – 2

 

  1. Define quality. Discuss in detail value engineering.

Ans 1.

Definition of Quality

Quality is a measure of excellence or a state of being free from defects, deficiencies, and significant variations. It is brought about by strict and consistent commitment to certain standards that achieve uniformity of a product in order to satisfy specific customer or user requirements. Quality can be defined through various

 

 

  1. Write a detailed note on project management software.

Ans 2.

Project management software is an essential tool designed to help individuals and teams plan, execute, and monitor the various facets of projects across industries. These software solutions provide a comprehensive suite of features that facilitate project planning, scheduling, resource allocation, collaboration, tracking, and reporting. The primary aim is to improve efficiency and productivity by offering a centralized platform where all project-related activities and information can be managed and accesse

 

 

  1. Alikha Ltd, A construction company has constructed a Bunglow for a client. Create the steps of Project closure that would be required while handing over the Bunglow to the client.

Ans 3.

The project closure phase for Alikha Ltd, a construction company that has constructed a bungalow for a client, involves a series of carefully planned steps to ensure a smooth and satisfactory handover. The process begins with a thorough final inspection of the bungalow. This inspection is conducted to verify that all construction activities have been completed as per the project’s specifications, design, and quality standards. Any issues or defects identified during this inspection are documented and addressed promptly to ensure the property is in pristine condition for the client.

Once the final inspection is satisfactorily completed, the next step involves preparing comprehensive documentation. This includes all necessary