PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT

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DRIVE WINTER 2014
PROGRAM MBADS (SEM 4/SEM 6)

MBAFLEX/ MBA (SEM 4)

PGDPMN (SEM 2)

SUBJECT CODE & NAME PM 0015 – QUANTITATIVE METHODS IN PROJECT MANAGEMENT
BK ID B2011
CREDIT AND MARKS 4 CREDITS AND 60 MARKS

 

1Write short notes on:

  • Kano model
  • Differences between a sponsor’s view and project’s view in a project balance sheet
  • Triangular distribution
  • Organisational break down structure

 

2Discuss capital budgeting in project management.

3Write short notes on:

  • Rolling wave planning
  • Time centric earned value

 

 

4Describe the various cost incurred in a project. Describe the applications of three – point estimates.

 

 

5Explain the six sigma methodologies.

 

 

6 Discuss the time and materials contract.

 Solve the following problem

Consider a the time and materials contract as follows:

Labour is billed according to the following schedule

1 software engineer : $45/hr

1 tester: $ 45/hr

1 senior software engineer: $65/hr

Material is billed according to the following schedule:

Cost of materials + 30 % profit/overhead

Actual cost of the material is $2140

Calculate the material cost, calculate the contract payable

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