1. In ABC Ltd. top
management wants to develop new business market in South India Region. This
initiative was taken-up as a project in ABC Ltd. With the help of this example,
explain the phases of project life cycle. Include specific actions a project
manager has to take to add value to the project during all the phases. Also for
this case, give your opinion about the most important phase in terms of adding
value to the project. (10 Marks)
Answer:
INTRODUCTION:
The series of steps that a project goes through from
start to finish is known as the project life cycle. The administration and
numerous other considerations such as the needs of the organization
participating in the project, the design of the project, and its implementation
area decide the number and sequence of the cycles. The phases are
time-constrained and have a clear start, finish, and control point. The project
lifecycle can be described and adjusted according to the organization's
requirements and characteristics. If any project has a distinct beginning and
end, the specific goals, deliverables, and activities differ greatly. Regardless of
the individual work involved, the lifecycle establishes the fundamental basis
for the activities that must be taken in the project. Predictive or
plan-driven alternatives to agile or change-driven approaches are all possible
project Its Half solved only
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2. In ABC Ltd. top
management wants to develop new business market in South India Region. This
initiative was taken-up as a project in ABC Ltd. Considering this example,
identify around 8-10 activities for this project and demonstrate the types of
relationships used in Precedence Diagramming Method (PDM) with the help of
these activities. (10 Marks)
Answer:
INTRODUCTION:
The Precedence
Diagramming Method (PDM) is a technique for designing a project schedule
network diagram that uses nodes to represent tasks and associates them with
projectiles that highlight dependencies. This approach is also known as the
activity-on-node method (AON). Project management entails various functions,
such as project preparation, product scope determination, expense
3. In ABC Ltd. is in
process of developing a new model for their product (Bluetooth Speakers). This
initiative was taken-up as a project in ABC Ltd. Considering this case, answer
the following questions.
a. Prepare a functional
project organization structure (with at least 2 more levels below the project
manager). Highlight which position (other than project manager) will be very
important in your proposed structure. Give the justification for the same. (5 Marks)
Answer:
INTRODUCTION:
A functional
organizational structure is made up of project team members who are assigned to
various organizational, functional units.
Human
Resources, Finance, Marketing, Sales, Operations, IT, Administration, and other
functional divisions make up a traditional enterprise. Specific organizational
unit heads can have other general administrators operating under them and
reporting directly to them in a broad
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