Nmims 2020 customized assignments - Calculate the expected time of completion of project _Suprio_ based upon the 3-point estimates.
Nmims 2020 customized assignments - Calculate the expected time of completion of project _Suprio_ based upon the 3-point estimates.
Nmims 2020 customized assignments - Calculate the expected time of completion of project _Suprio_ based upon the 3-point estimates.
Nmims 2020 customized assignments - Calculate the expected time of completion of project _Suprio_ based upon the 3-point estimates.
For answersheets contact
info.answersheets@gmail.com
+91 95030-94040
Project Management
1. Create a RACI
chart for “Our Software Project” as per the WBS shown below, for the project
management roles of project sponsor, project manager, customer, and business
analyst and software developer.
2. You are a
project manager with Striker Projects Pvt. Ltd. As the project manager, you
need to evaluate two projects “Salient” and “Stylish”, and make a
recommendation to management for the selection of a suitable project. Both the
projects “Salient” and “Stylish” entail an initial investment of ₹5, 00,000. Projected cash inflows for the
Project “Salient” are ₹1,50,000 in year
1; ₹1,60,000 in year
2; ₹1,70,000 in year
3, and ₹1,65,000 in year
4. Projected cash inflows for the Project “Stylish” are ₹1,40,000 in year 1; ₹1,40,000 in year 2; ₹1,40,000 in year 3, ₹1,25,000 in year 4; and ₹1,22,000 in year 5. The required rate of
return is 10%.
The present value of ₹1 at 10% is ₹0.909 for year 1, ₹0.826 for year 2, ₹0.751 for year 3, ₹0.683 for year 4, and ₹0.621 for year 5. Calculate Net Present Value
(NPV), Internal Rate of Return (IRR) and Profitability Index (PI) for both the
projects “Salient” and “Stylish”. Compare and contrast NPV, IRR and PI values
of projects “Salient” and “Stylish”, and recommend a suitable project for
investment to the management. (10 Marks)
3. A project
“Suprio” comprises of 9 activities of varying durations and dependence on
previous activities. These activities, along with their precedent
relationships, and their 3-point estimates of optimistic, most likely and pessimistic
duration are given in the table below.
|
Project
Activity
|
Precedent
Activity
|
Activity
Duration (Days)
|
||||
|
Optimistic
|
Most Likely
|
Pessimistic
|
||||
|
A
|
--
|
4
|
6
|
8
|
||
|
B
|
--
|
5
|
7
|
9
|
||
|
C
|
A
|
4
|
7
|
10
|
||
|
D
|
B
|
6
|
8
|
10
|
||
|
E
|
C,D
|
3
|
6
|
9
|
||
|
F
|
C,D
|
4
|
6
|
8
|
||
|
G
|
E
|
3
|
6
|
9
|
||
|
H
|
F
|
3
|
5
|
7
|
||
|
I
|
G,H
|
4
|
6
|
8
|
||
|
|
|
|
|
|
|
|
a. Draw the
network diagram of project “Suprio” and also determine the critical path for
the completion of project “Suprio”. (5 Marks)
b. Calculate the
expected time of completion of project “Suprio” based upon the 3-point
estimates. What is the probability that project “Suprio” would be completed
within 37 days? (5 Marks)
 |
| Nmims 2020 customized assignments - Calculate the expected time of completion of project _Suprio_ based upon the 3-point estimates. |
For answersheets contact
info.answersheets@gmail.com
+91 95030-94040
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