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Project Management – NMIMS APRIL 2021 SOLVED ASSIGNMENTS
| Year | Cash Flows | Project A | Project B | Project C |
| 0 | Initial Investment | -80 | -80 | -80 |
| 1 | Incomes from Operation Phase of Projects | 30 | 40 | 50 |
| 2 | 40 | 40 | 40 | |
| 3 | 50 | 40 | 30 |
- Management is in the process of selecting one out of the following three projects. Use NPV method to suggest the best option out of the following three projects and give justification for your suggestion. Consider Required Rate of Return as 10%. (10 Marks)
- Explain and give the examples for types of relationships used in Precedence Diagramming Method (PDM). (10 Marks)
- An university has lot of events organized throughout the year. For example – Annual Day, Cultural Day, Sports Day, Tech Fest, Corporate Connect, Symposiums, Conferences, Competitions, etc. Consider this situation to answer the following questions.
- Prepare a functional organization structure to manage these events as projects. (5 Marks)
- Prepare a projectize organization structure to manage these events as projects. (5 Marks)
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Business Stats – NMIMS APRIL 2021 SOLVED ASSIGNMENTS
Q.1 Nemi Mehta owns 50 Hectares of land near Junagadh. On his Farm, he cultivates Giloy, which is a medicinal plant in Ayurveda. The below-given table shows the sales of ‘Giloy Vati’ that his team is preparing as per one Ayurveda script (book), and the amount they spend on the Advertisement of it.
Nemi’s problem is to analyze the effect of Advertisement on sales. Firstly, He wants to understand the presence of a linear relationship between the sales and ‘amount spent in advertisement’. He also wants to run a correlation and regression to know whether he should keep spending money on Advertisements or not. If sales figures are not affected by advertisement, he should not spend money on it.
So, Calculate Karl Person’s correlation, Regression Model (with bo and b1), R-square, ANOVA Table. Also, provide EXCEL- Generated Output Along with your calculations.
| Region code | Sales (1NR 000s) | Advertising (TV spots per month) Q.1 (in INR, 000s) |
| 1 | 260.3 | 5 |
| 2 | 286.1 | 7 |
| 3 | 279.4 | 6 |
| 4 | 410.8 | 9 |
| 5 | 438.2 | 12 |
| 6 | 315.3 | 8 |
| 7 | 565.1 | 11 |
| 8 | 570.0 | 16 |
| 9 | 426.1 | 13 |
| 10 | 315.0 | 7 |
| 11 | 403.6 | 10 |
| 12 | 220.5 | 4 |
| 13 | 343.6 | 9 |
| 14 | 644.6 | 17 |
| 15 | 520.4 | 19 |
| 16 | 329.5 | 9 |
| 17 | 426.0 | 11 |
| 18 19 20 | 343.2 450.4 421.8 | 8 13 14 |
The table given below is the ‘single year age population’ (taken from census 2011). This table shows the population of people (age-wise) living in Leh at the time of the census 2011 survey. Transform this ungrouped data into Grouped data by forming age groups then find out Mean, Median, Variance, Standard deviation, Ogive, and Histogram. Write the summary based on your calculations
| Age in Years | Population | Age in Years | Population | Age in Years | Population | Age in Years | Population | Age in Years | Population | ||||
| 0 | 992 | 11 | 1998 | 22 | 2839 | 33 | 2696 | 44 | 1652 | ||||
| 1 | 1958 | 12 | 1916 | 23 | 2935 | 34 | 2781 | 45 | 1806 | ||||
| 2 | 1725 | 13 | 2138 | 24 | 3601 | 35 | 2799 | 46 | 1460 | ||||
| 3 | 1814 | 14 | 2139 | 25 | 4110 | 36 | 2450 | 47 | 1226 | ||||
| 4 | 1768 | 15 | 2096 | 26 | 4089 | 37 | 2142 | 48 | 1225 | ||||
| 5 | 1871 | 16 | 2044 | 27 | 3716 | 38 | 2114 | 49 | 1006 | ||||
| 6 | 1888 | 17 | 2027 | 28 | 3702 | 39 | 1725 | 50 | 1454 | ||||
| 7 | 1768 | 18 | 2065 | 29 | 3084 | 40 | 2218 | ||||||
| 8 | 1712 | 19 | 2013 | 30 | 3475 | 41 | 1802 | ||||||
| 9 | 1780 | 20 | 2459 | 31 | 2844 | 42 | 1751 | ||||||
| 10 | 1862 | 21 | 2594 | 32 | 2684 | 43 | 1659 | ||||||
3.a. The given table shows the rainfall of Gujarat Region. Forecast the rainfall using Exponential Smoothing. Use Alpha =0.2, 0.5 and 0.8. Data is available from 1997 to 2016, use this series for the calculation and forecast the rainfall for the year 2017. To know, the extent the prediction is correct the actual rainfall for 2017 (1024.4 millimeters) is provided. Find out which alpha values among the three suggestions are near to accurate value?
| SUBDIVISION | YEAR | ANNUAL (in MM) |
| Gujarat Region | 1997 | 1068.9 |
| Gujarat Region | 1998 | 1070 |
| Gujarat Region | 1999 | 568.4 |
| Gujarat Region | 2000 | 550.6 |
| Gujarat Region | 2001 | 849 |
| Gujarat Region | 2002 | 637.2 |
| Gujarat Region | 2003 | 1160.3 |
| Gujarat Region | 2004 | 1005.8 |
| Gujarat Region | 2005 | 1316.4 |
| Gujarat Region | 2006 | 1478 |
| Gujarat Region | 2007 | 1178.9 |
| Gujarat Region | 2008 | 911.1 |
| Gujarat Region | 2009 | 641.6 |
| Gujarat Region | 2010 | 1088.7 |
| Gujarat Region | 2011 | 890.5 |
| Gujarat Region | 2012 | 714 |
| Gujarat Region | 2013 | 1118.6 |
| Gujarat Region | 2014 | 705.7 |
| Gujarat Region | 2015 | 622.9 |
| Gujarat Region | 2016 | 764.9 |
3.b. A new gas-electric hybrid car has recently hit the market. The distance traveled on 1 gallon of fuel is normally distributed with a mean of 65 miles and a standard deviation of 4 miles. Find the probability of the following events. (Show the concerned region by z curve)
- The car travels more than 70 miles per gallon.
- The car travels less than 60 miles per gallon.
- The car travels between 55 and 70 miles per gallon. (5 Marks)