Elective: Project Management (Part - 2)

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Elective: Project Management (Part - 2)

Attend any 4 questions.  Each question carries 25 marks

(Each answer should be of minimum 2 pages / of 300 words)

1.What are the functions of Project Board meetings? Explain.

Answer :

2.Explain the importance of field knowledge in Project Management.

Answer : A project manager is a professional in the field of project management. Project managers can have the responsibility of the planning, execution and closing of any project, typically relating to construction industry, architecture, Aerospace and Defence, computer networking, telecommunications or software development.

Many other fields in the production, design and service industries also have project managers.

Project Manager Topics

·         Project Management

Project Management is quite often the province and responsibility of an individual project manager. This individual seldom participates

3.Discuss the interaction for successful Project Management.

Answer :

4.Explain the guidelines of the Project Management phases?

Answer : Define the Scope

The first, and most important, step in any project is defining the scope of the project. What is it you are supposed to accomplish by managing this project? What is the project objective? Equally important is defining what is not included in the scope of your project. If you don't get enough definition from your boss, clarify the scope yourself and send it back upstairs for confirmation.

Determine Available Resources

What people, equipment, and money will you have available to you to achieve the project objectives? As a project manager, you usually will

5.Describe the process for managing design projects and creative services.

Answer : All organisations, businesses and individuals use design in very many ways. For example, the design process features in corporate identity, branding, image; design is central to advertising, marketing, promotion, and in the development of new products, new services and technical development of all sorts such as websites and other internet systems. Design features in very many aspects of work and business.

The design management principles explained in this section also apply to all sorts of other management processes involving the use of

6.Write a detailed account on project financial planning and reporting.

Answer : Financial Planning and Reporting is supported by the Planning and Analysis and Financial Reporting teams.

The Planning and Analysis team is responsible for budgeting and forecasting, and the Financial Reporting team is responsible for in-year reporting and for preparing the University's Financial Statements.

Both teams support departments with planning, managing, and reporting on departmental budgets.

tion Committee (PRAC).

Budgeting and forecasting

The University budgeting process begins in April, before the start of the financial year, and the budget is sent to Council for approval in June.

25 x 4=100 marks