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ASSIGNMENT
| DRIVE | FALL DRIVE 2013 |
| PROGRAM/SEMESTER | MBADS – (SEM 4/SEM 6) / MBAN2 / MBAFLEX – (SEM 4) / PGDISMN (SEM 2) |
| SUBJECT CODE & NAME | PM0010 – Introduction to Project Management |
| BOOK ID | B1236 |
| CREDITS | 4 |
| MARKS | 60 |
Note: Answer all questions. Kindly note that answers for 10 marks questions should be approximately of 400 words. Each question is followed by evaluation scheme.
Q1. Summarise the project management processes involved in the monitoring and control process group.
Answer : Not all project management processes apply to all projects or project phases. Process groups can overlap and interact. Forty-two project management processes are contained within the five project management process groups:
Initiating Process Group
The Initiating Process Group Formally authorizes new project or project phase. The two processes in it are:
1. Develop project charter – Authorizing project or project phase. The project charter defines the project’s purpose, identifies objectives, and authorizes the project manager to start the project.
2. Identify stakeholders – Documents all of the people or
Q2. Elucidate the importance of communication in Project Management10 marks(300-400) words10 marks(300-400) words
Answer : Some people think that being a project manager is all about sticking your nose in a set of project plans and setting milestones and such like. This is certainly an essential part of the role but it is far from being the only one.
Another area of the job you will want to spend a lot of time on in is the communication. This is an important aspect of the project management role for the following reasons.
A Lot of Stakeholders and Team Members
Even the most modest project will tend to have a
Q3. List the project management processes involved in the planning process group.10 marks(300400) words
Answer : There are five process groups according to PMI. They are Initiating, Planning, Executing, Monitoring and Controlling, and Closing.
All groups contain a total of 44 project management processes of which 21 are located in the planning group. That doesn’t necessarily make this group the most important or most time consuming but it makes the group the most comprehensive group that covers all of the nine knowledge management areas (link).
In this article I will cover all the processes that goes
Q4. Explain the types of contracts that are entered into in project procurement10 marks(300-400) words
Answer : A procurement contract is an agreement in which a buyer agrees to acquire goods or services from a seller in exchange for consideration. Most of these contracts are written agreements that specify each party’s obligations in relation to the transaction. Generally, one includes business provisions, detailed price lists, payment information, and other legal terms and conditions applicable to the transaction.
Many companies and government agencies have adopted purchasing procurement programs that include all of the activities that take place when goods and services are acquired from vendors. Pursuant to these programs, a company or government agency may issue a request for proposal, which details the goods requirements or the service specifications. Once the proposal request has been issued, bidders may submit their responses,
Q6. Describe the various supports that the project management system provides.10 marks(300-400) words
Answer : These services aim to provide the customer with a range of specialized services that cover a wide range of needs for project management. Such needs are the planning and the monitoring control of a project, project management support in the bidding phase of a project, and general support at the corporate level for the operational planning, development and guidance of the company staff which will be assigned with project management responsibilities.
Dear students get fully solved assignments
Send your semester & Specialization name to our mail id :
help.mbaassignments@gmail.com
or
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