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Project Management Assignment Solution for NMIMS April 2024

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Project Management Assignment Solution for NMIMS April 2024

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Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Project Management
Internal Assignment Applicable for April 2024 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
 Students should write the assignment in their own words. Copying of assignments from other students is not allowed
 Students should follow the following parameter for answering the assignment questions
Q1. Using a suitable example discuss the difference between Technical analysis and Financial analysis of a project. (10 Marks)
Q2. The “billing department” of a chain of department stores prepares the monthly inventory report for use by the stores’ purchasing agents. Given the following information, use the “critical path method” to determine: (10 Marks)
a. How long the process will take.
b. Which jobs can be delayed without delaying the early start of any subsequent activity?
c. Explain how the project can be fast tracked.
Job
Job Description
Time (Hours)
Precedence requirements
A
Start
0

B
Get computer printouts of customer purchases
10
A
C
Get stock records for the month
20
A
D
Reconcile purchase printouts and stock records
30
B,C
E
Total stock record by the department
20
B,C
F
Determine reorder quantity for the coming period
40
E
G
Prepare stock report for purchasing agents
20
D,F
H
Finish
0
G
Q3. Rail Vikas Nigam (RVNL) has given Larsen and Toubro Construction (L&T) an Rs 2,447 crore contract to design and construct the Kolkata underground metro project in the city’s Joka-Esplanade Metro Corridor. According to an L&T press statement, the major works for the project include the design and construction of the Ramp and Underground Metro railway works from Mominpur to Esplanade, covering a distance of 5.05 km. The works comprise constructing four underground stations, namely Khidderpore, Victoria, Park Street, and Esplanade, along with tunnels created using Tunnel Boring Machine (TBM) and Cut & Cover methods. The scope of the contract also includes architectural finishing works, track works, and other related activities. (Source: https://www.indianarrative.com/economy-news/rs-2447-crore-project-to-build-kolkata-metros-4-underground-stations-goes-to-lt-149218.html)
a. Explain the various characteristics of Kolkata underground metro project. (5 Marks)
b. Discuss in brief the different activities executed during the project life cycle of the Kolkata underground metro project. (5 Marks)
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