mgmt627 assignment solution 2022

Project Management

Handouts | Lectures | Contents | Books

Course Code: MGMT627

Instructor: dr. ali sajid sheikh, total lectures: 45, handouts / power point slides.

• Lessons (1-45) (pdf Format)

Watch Video Lectures (YouTube)

Course Contents

• Introduction to Project Management • Definitions and Nature of Projects • Concepts of Project Management • Project Management Methodologies and Organizational Structures • Project Life Cycles The Project Manager • Project Conception and Project Feasibility • Project Selection • Project Proposal • Project Planning • Work Breakdown Structure • Schedules and Charts • Total Project Planning • Project Scope Management • Network Scheduling Techniques • Pricing and Estimation • Quality in Project Management • Principles of Total Quality • Customer Focused Project Management • Quality Improvement Tools • Project Effectiveness through Enhanced Productivity • Cost Management and Control in Projects • Project Management through Leadership • Communication in the Project Management • Project Risk Management, Project Procurement • Contract Management • Ethics in Project Management

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MGMT627 GDB 1 Solution File Spring 2023

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MGMT627 Grand Quiz Solved - Project Management Quizzes Questions with Answers

MGMT627 GRAND QUIZ SOLVED

Project Management Quizzes with Answers

Provided by VUAnswer.com

1. The level at which the project is managed is generally called

a. Top Level

b. Initial Level

c. Work package Level (Lesson no 22 Page no 153 Handouts)

d. Secondary Level

2. Which of the following phases can also be referred to as the design phase? (Doubtful)

a. Concept phase

b. Development phase

c. Implementation phase

d. Acquisition phase

3. Which of the following is a product-oriented family tree subdivision of the hardware, services, and data required to produce the end product?

a. Statement of work (SOW)

b. Project Specifications

c. Milestone schedule

d. Work breakdown Structure (WBS) (Lesson no 22 Page no 151 Handouts)

4. Which of the following is involved in economic feasibility?

a. Benefit-cost analysis

b. Breakeven analysis

c. Tangible and intangible aspects

d. All of the given options (Lesson no 8 Page no 70 Handouts)

5. For projects internal to the company, the Statement of Work (SOW) is prepared by which of the following?

a. Contractor

b. Line Manager

c. Functional Manager

d. Project Office (Lesson no 21 Page no 147 Handouts)

6 . A Gantt chart is useful in determining _____________. (Doubtful)

a. The level of effort for a task.

b. When a task starts and stops.

c. Which are the critical tasks.

d. Who is assigned to do a task

7. Which of the following is the ability to work with people, making a cooperative effort, do teamwork, make them feel secure and free to express their opinions?

a. Technical Skill

b. Human skill (Lesson no 3 Page no 19 Handouts)

c. Conceptual skill

d. Design skill

8. To be effective as a project manager, an individual must have: (Doubtful)

a. Management skills

b. Technical skills

c. Leadership skills

d. All of the given options

Note: Focus on the underline word individual.

9. Which of the following statements gives the definition of a Project Plan?

a. Working out of sub-components in some degree of detail

b. To cover areas of government legislation & regulation related to “use of   resources”

c. “Planned use of any /all resources”. A succession of five-year plans

d. A structured sequence of events leading to the desired set of objectives.

10. Which of the following is designed to provide an overview of the primary issues related to a business idea?

a. Project Plan

b. Scope statement

c. Feasibility Study (Lesson no 9 Page no 73 Handouts)

d. Work Breakdown Structure

11. In which of the following phases, the project’s scope, and objectives are determined?

a. Conceptual

b. Development

c. Implementation

d. Close-out (Not Sure)

12. Which of the following is a process to determine the viability of a project, and provides a framework and direction for its development and delivery? (Doubtful)

c. Feasibility Study

13. Which of the following is the objective of the kick-off meeting?

a. Establishing working relationships within the team

b. Setting goals and objectives for the team

c. Identifying project problem areas

14. Which of the following is what the system does and includes system design, reliability, quality, maintainability, and reparability?

a. Performance (Lesson no 17 Page no 132 Handouts)

b. Effectiveness

c. Constraints

d. Strategies

15. After Initial feasibility analysis, the next step is to prepare: (Doubtful)

a. Project Plan Correct

c. System Proposal

16. Which of the following involves motivation, disciplining, managing conflict, staffing, and training?

a. Traditional Management

b. Communication

c. Human Resource Management (Lesson no 3 Page no 18 Handouts)

d. Networking

17. Which of the following should not be conducted as a forum merely to support a desire that the project will be successful?

c. Feasibility Study (Lesson no 9 Page no 75 Handouts)

18. Fredrick Taylor’s major concerns were all of the following, EXCEPT:

a. To increase efficiency in production

b. To decrease cost

c. To raise profits through higher productivity

d. To decrease the salaries of the workers (Lesson no 1 Page no 1 Handouts)

19 . Which of the following statements gives the Technical definition of

Project Planning?        

b. To cover areas of government legislation & regulation related to “use of resources” 

c.   “Planned use of any /all resources”- Succession of five-year plans

d.  Structured sequence of events leading to the desired set of objectives

20. All of the following are internal operating variables for strategic planning in the tire industry EXCEPT:

a. Product Changes

b. Research & Development

c. Volume (Economies of Scale)

d. Capacity of Plants (Lesson no 20 Page no 143 Handouts)

21. All of the following are life cycle phases used in engineering EXCEPT:

a. Start-up

b. Definition

c. Formation (Lesson no 20 Page no 144 Handouts)

d. Termination

22.  Which of the following includes the preliminary evaluation of an idea?

a. Conceptual Phase (Lesson no 5 Page no 37 Handouts)

b. Planning Phase

c. Testing Phase

d. Implementation Phase

23. The best way to control creeping scope is with a good definition of which of the following?

a. Specifications

b. Requirements (Lesson no 21 Page no 148 Handouts)

c. Milestones

d. Statement of Work (SOW)

24. The Kala Bagh Dam project could not be started because it was not feasible ______. (Doubtful)

a. Politically

c. Economically

d. Socially

25. Which of the following life cycle phases is also called “defining the requirements”?

a. Conceptualization

b. Feasibility

c. Preliminary planning (Lesson no 20 Page no 145 Handouts)

d. Detail planning

26.Which of the following activities is performed by the Project Administration Manager? (Doubtful)

a. Office Services

b. Contract Plan

c. Expediting

d. Inspection

27. Which of the following refers to “a specification of series of actions, acts or operations, which have to be executed in the same manner in order to always obtain the same result in the same circumstances”? (Doubtful)

b. *Procedure (Lecture no 18 Page no 139 Handouts)

c. Standard

d. Decision

28. Which of the following statements is TRUE for Work breakdown Structure (WBS)? (Doubtful)

a. Project Manager must structure work into small elements that are manageable

b. Project Manager must structure work into small elements that are independent

c. Project Manager must structure work into small elements that are measurable

29. All of the following are life cycle phases used in construction EXCEPT:

a. Data gathering and procedures

b. Construction

d. Implementation (Lesson no 20 Page no 144 Handouts)

30. Which of the following information is required for a plan of execution?

 a. Scope of work to be performed

 b. Preliminary Cost Estimates

 c. Site Visitation Report

  d. All of the given options (lesson no 15 Page no 121 Handouts)

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MGMT627 Handouts pdf download | Project Management Notes (pdf)

Table of Contents

MGMT627: Project Management

Project management is the process of leading teamwork to achieve all project objectives within the given challenges. This information is often described in project documents, created at the beginning of the development process. The main obstacles are scope, timing, and budget. MGMT627  Handouts pdf

MGMT627 Handouts pdf

  Course Category:   Management MGMT627  Handouts pdf

Course Outline

• Introduction to Project Management • Definitions and Nature of Projects • Concepts of Project Management • Project Management Methodologies and Organizational Structures • Project Life Cycles, The Project Manager • Project Conception and Project Feasibility • Project Selection • Project Proposal • Project Planning • Work Breakdown Structure • Schedules and Charts • Total Project Planning • Project Scope Management • Network Scheduling Techniques • Pricing and Estimation

• Quality in Project Management • Principles of Total Quality • Customer Focused Project Management • Quality Improvement Tools • Project Effectiveness through Enhanced Productivity • Cost Management and Control in Projects • Project Management through Leadership • Communication in the Project Management • Project Risk Management, Project Procurement • Contract Management • Ethics in Project Management MGMT627 Handouts pdf

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MGMT627 HANDOUTS

What is management.

Management is the art of getting things done by working with people in organized groups. Management is the process of designing and maintaining an environment in which individuals, working together in groups, successfully accomplish the chosen objectives of any project. The art of creating an environment in which people can act as individuals but work together to achieve group goals.

Functions of Management:

The management process consists of four basic management functions. These are:

Planning is the process of setting goals for any project and determining what needs to be done to achieve it. It is the main administrative function. Managers at all levels plan. Planning activities determine the purpose of the organization and based on this help it to develop appropriate strategies to achieve them. These strategies guide the organization and work to find similarities between the external environment and the internal forces. Strategies aimed at achieving continuous competitive advantage over competitors.

Organizing :

Organizing is a process of assigning tasks, allocating resources, and organizing integrated tasks to implement programs. It involves establishing the intended structure of roles for people to fill in organizations.

Leading is the process of motivating and directing the efforts of staff in achieving the project and organizational goals. It involves influencing people to contribute to organizational and group goals. Leadership is primarily concerned with the aspect of human relations. In projects, the most important problems arise from people about their desires, attitudes, and behaviors (as individuals and groups). Thus, successful project managers also need to be effective leaders. Leadership means adherence and people tend to follow those who offer ways to satisfy their needs, desires, and desires.

Controlling

Control is the process of measuring performance and taking steps to ensure the desired results in any project. It involves measuring and adjusting the performance of the individual and the organization to ensure that the events are in line with the plans.

Why Projects are initiated?

Projects start in the following situations: • When you start a new business. • To improve/modify a product or service • Relocation and/or closure of premises • To obtain regulatory authority. • For certain social issues • To redo the process to reduce complaints, reduce cycle time, and eliminate errors. • By launching a new system or process. • Introducing new tools, tools, or strategies.

MGMT627 HANDOUTS pdf

Mgmt627 handouts here, mgmt627: project management notes (pdf).