Sem: Dec-2024 Maximum Marks: 50 Examination: End Exam Date: 15/12/2024 Duration: 2.5hrs
Programme code: 18 Programme: MBA for Working Executive	Class: FY	Semester: III Batch- 2023-24
College: K. J. Somaiya Institute of Management	Name of the department/Section/Center: Operations
Course Code: 117P18C336	Name of the Course: Project Management
Instructions: Question 1 is a compulsory question. Attempt any 3 from Question 2 to Question 5.

Question No.	Max. Marks
Q1	ABC University, a large university in Maharashtra, enrolls close to 30000 students. The university plans to construct a new sports complex that has world-class facilities. The university has hired Mr. Pankaj Bhosle, a freelancer who is a renowned architecture and has credible credentials in construction projects. The target for the completion of the entire project is 270 days. Back in his office, he reviewed the project details (in the table below) and announced to his team members, “If we are not 75% sure we will finish this sports complex in less than 270 days, I want this project to crash! Give me the cost figures for a target date of 250 days – also for 240 days. I want to be early, not just on time.” Activity Predecessors Optimistic Most Likely Pessimistic Crash Cost/Day A - 20 30 40 1500 B A 20 65 80 3500 C A 50 60 100 4000 D C 30 50 100 1900 E B 25 30 35 9500 F E 0.1 0.1 0.1 0 G D, F 25 30 35 2500 H G 10 20 30 2000 I H 20 25 60 2000 J H 8 10 12 6000 K J 0.1 0.1 0.1 0 L I, K 20 25 60 4500 Develop a network and determine the critical path. How long is the project expected to take? (7 marks) What is the probability of finishing in 270? (3 marks) If it is necessary to crash to 250 or 240 days, how would you do so, and at what costs? (10 marks)	20
Q2	Write a short note on any TWO (10 Marks) Project lifecycle Project Management Trade-offs Resource leveling	10
Q3	Fred Ridgeway has been responsible for managing a training and development program. He knows the EST and LST (both in months) and the total cost for each activity. This information is given in the table below: Activity EST LST Duration Total cost A B C D E F G H I J K L M 0 1 3 4 6 14 12 14 18 18 22 22 18 0 4 3 9 6 15 18 14 21 19 22 23 24 6 2 7 3 10 11 2 11 6 4 14 8 6 10000 14000 5000 6000 14000 13000 4000 6000 18000 12000 10000 16000 18000 Using the ESTs, determine the Fred’s total monthly budget. Using LSTs, determine the Fred’s total monthly budget. Under both schedules, which month is the high budget allocation done? Fred Ridgeway’s project has progressed over the past several months and is now the end of month 16. Fred would like to know the project's current status about schedule and budget by developing an appropriate table. The relevant data are shown in the following table. Activity % completed Actual cost A B C D E F G H 100 100 100 100 60 10 80 15 13000 12000 6000 6000 9000 800 3600 375 Assume that the activities not shown in the table have not started and incurred no cost. All activities follow their earliest time schedules.	10
Q4	A company will launch a new product with a life of 3 years. All the units produced are sold in the same year. Sales quantity for year 1 is 10000 units, which will increase by 1000 units per year. The selling price for year 1 is 200, and it will increase by 7/year. The operating cost per unit for year 1 is 23, increasing by 2/ units each year. The project is financed by equity of 12 lakhs and a Term loan of 12 lakhs, which carry an interest rate of 8% per year. The loan is to be repaid in 3 years in Equal Annual Installments. Interest for the year will be charged on the opening balance of that year's loan. The project assets are Land 2 lakh and Fixed assets 22 Lakh. Depreciation is charged at 20% per year by the WDV method. Income tax is 35%. Calculate DSCR and ICR for all three years 1.	10
Q5	The following are details of the project when performance is measured at the end of 15 days. Activity Preceding Normal Time Budgeted cost % complete by day 15 Actual cost by 15 A B C D E F G H I J -- -- -- A A B, D B, D C F, H E, F, G 8 7 3 6 8 6 4 14 6 8 24 12 20 29 26 34 27 34 18 20 100 100 100 100 80 20 20 85 0 0 25 10 22 30 20 7 6 28 0 0 Calculate the Cost performance index Calculate the Schedule performance index Calculate the revised project duration and cost	10