40 Red) © SuATE sh |. SRILANKA INSTITUTE OF ADVANCED TECHNOLOGICAL EDUCATION atest ity ott arene na) Higher National Diploma in information Technology ‘Second Year, Fst Semester Examination ~ 2018 ewT2302 TT Projet Monagement~ Medel Answer Inpractonsor Caste No.ofquesians 08 ‘oss Quite Novsogee 0: ‘Asansol ts te “wo 2)tows niyo lek wena coy + Detge the een Prajeet Management, (03 Marks} answer points Project managesent is “the application of knowledge, skills, tools, and techniques to project activities in order vo neet project requirements” Li, Nome FOUR crtsa by which a projet canbe judgod as sucess post. (04 Maris) Answer points (1'4 Marks) + completed te schedule + completed within buaget business case) + Providing proven or adequate quality Ui Project management canbe viewed as a mumber of intend peoesss, Nara those ite resis. (05 Matis) Answer points (J*5 Marks) © Project initiation © Project planning © Project execution Project renitoring and contol © Project closureiv, Lis sve (05) advantages of sg form angwer points (1*5 Sarka| Projet Manageren (05 Marks) * Better control of financial, physical, and huhan resources + Tuproved customer relations + Shorter development tines + Lower costs + Wigher quality and ineveased retiabilicy + Bigher profic margins + Improved productivity # Getter internal coordination ; + Higher worker, morale + [T project managers ae expected io poset cera skills Desctie fur sls of (004 TF project managers, (08 Marks) answer points 244 marks Belef description o + Project Management axi21s + People seit + Knowledge of organization + ancegraraen kill # Technical skitt {Tota 25 Marks) @ A. What is Project Human Resource Managercat? (03 Marts) Answer points Project hanan ressurce management includes the processes Fequired to make the most effective use of the prople involved itn a project. Processes include a. Organizational planning b. Start acquisition © Team davaiopment, NDI Sac 0-1 oj Masao 301844, “God project imegaion management i the key to overall projet sucess” Explain the validity ofthis statment (o4 Marks) Answer potnts (2*2 mark! : + coordinating all of the peoste, plans, and work required to complete a project + Focus on the big picture of the projact and steer the Project tear tovare successful completion + Wake sinat decision when there are conflicts anong project goals or people involves + Communicate xey projact information to top management 481, Therisusually not enough ime o reso t plement all ave projets. What sre the sua thos to slat a ice? (05 Macks) Answer points Methods for selecting projects include: (1*S Marks} + Focusing 00 broad organizational needs. + Categorizing infomation technology projects. + Pesfoiming not prosent value or ather Financia! anetyses. + Using 2 weighted searing mode! + Implesenting 2 balance! scoranaet in. CAN Company is onsderng two murally exclave projet, projet and projet B ‘The cash lows foreach would be a follow. All fgaes ae given in S1iLankan Rupees. [Yer] Discoanicir] Projet [Prager] 7 0 0300), 1 ‘06? 00 2 O43 5.000, 5 oo 3.08 “The company’s costa epital 16% | Calculate the Ne rosent Vato ofeach projet (06 Marks) HvOIT Sco year jot Magee 218Answer points For calculating present value [0.5* © > § Marks) Far calculating NPV (It 2-9 2 Marks) ae Project A-| Project Bo wear [i200 |progect a | erofect | discounted | Dincounte; cash flow [essh flow 7 =35, 250 [710,900 __|=35, 250 1 fonse2 ig, 000_|5, 172 75,518 2 [ours 35,000) 3,715 11,138 3 [ena as,000 [1,023 Ps wey =50 1026 Give your reotmendation end reasons 2s 0 which project shouldbe accepted (4 Marks) newer points, Project 8 is viable. (02 warks) Because it has the highest positive NPV. (02 Marks) 1 List two advantages ofthe Discount Factor (OCF) method of projet appraisal over other appraisal methods (03 Marks) Ansuar points + Te cakes account of the time value of the money. + Te uses all cash flous relating to a project. + Te allows for the tiaing of cash flo {otal 25 Marks} ro) 4. Explain she term Work Rreadown Siuctirs (WBS) and give tw approaches Develop WBS. (03 Masks} ve evs ert Post Meramec 2018Ansvor points was - 2 sak : AMBS is 0 deliverable-oriented grouping of the work involved in a project that defines the total scope of the project. Approaches ~1*2 tarks * Anaiogy approach: + Top-down approach: + Bottom-up approach: + Mind-napping approach: 4 SLIATE management has docide to buy in and install new software packaye to ‘place the existing i-house system to repare exasinaton esate. Assume that vow a the pojce manager and have drawn vp an oline projet plan fhe main roe activities allows: [Aetiviy [Predecessor — | Duration weeks) ] aH 8 x ie Ie Aaa leasceuac| D a tz E D f a F t i c eB a ERG 3 Draw network agra for the projec (05 Macks) On the singram, coma Ealy Start ES), Early Finish (EF), Late Star (LS) and Late Finish (LF cc estimates and tual lat for cach atvily. (08 Maks) {Find he ertcal path and projet craton, (06 Mars) ANDI Sed ea 7 ut Manager 2018Moda answer fr question , band (Question 5 mats fr drawing diagram by indicating atvity label and duration (Question b> 18-95 mks formarking ES.EF, LS, LF and wal Maton the diagram comet inthe each nde British Standard 254335 ie used here. Allocate macks for any corsect notation of ADA or Ack S Joon] & ‘tty abe es] ] oe > Hy > ib IN dele | abe a ~ / ‘ son ff . ea © ado [i ao ie J \EP / We? F aye pe 42 AOBDDIEDH —4e4sa4Ge2 18 weeks APBDD-—SCH 4s4sG6e2 = 20 Menke 18d Maris apededu — as124642 = 24 weaks ADCPESH — GaazHUTZ = 22 Weeks ceitieal path = a30969" 1 Mark Project Duvation = 24 Weeks «2 Mark, NDE Sond et jet Manage 208141, Woe advantages of wing an Activity on Node netork diagram over an Action Arrow nstwor agar in projet paging (o2Marts) answer points i AON is better at showing ateferent types of ependencies Consider any correct answer. {Tota125 Marks) oo) "Your company as decided w develop anew inormation system 44+ Define the tem stakcholee"in elton oan development proc, (3 Mats) answer points Project stakeholders -reopie involved in or affected by Project activities. (02 narke) %g 1 49 project manager, programmers, system scenitects pete. (1 maek) fi “Aatve ur involvement is hey in stishing user requirements. Da you agree with this tatemcnis? asty your answer (04 Mets) answer points Yes D1 ttark ‘i, Deserted purpose of ellowing doen in projet managemeat proces, a Prajcscher Project scope saement (05 Marts) Answer points (2,5 +2 Marks) 4+ Project charter: document that formally rocomices the existence of @ project and provides alzection on the project's cbJectives and managenent. Key project staksholders should siga 2 Project charter to acknowledge agrsenent on the need and intent of the project ANDI Second ean Pj Nansen! 05bs Project scope statanent: a document used to develop ene confirm a common understanding of the project scoye. Iz should include 2 project justification, a brief description of the project's products, a summary of all project deliverables, 9 statement of what determines project success jv. Supposethata software projet was estimated tobe 400 00 ine of codes. Caleta the effort and development time fr crganic mode using base COCOMO equation Hin: Bffor =a" Ge? , Development Time =< E* ; Whare ab cand d equals 24, 1.08,2.5 and 0.38 (05 Mates) Answer" points, Estimated cize = 400 KLOC (01 Mark) Tn organic node, Bffort= 2.4 * 4001.08 = 1295.51 PM (02 Marks! Developmont timo= 2.5 *1295.310.38- 38.07 M {02 Harks) ‘vs Brey explain the fpical problems ofcost estimates i IT pees, (08 Marks) ancwer paints (2°4 Marks for sny velid point! 4 complex task requiring a significant amount of effort. Also estinates are done at various stages of the project ‘+ Neny people doing estimates hove Little euperience doing them, Try te provide training and mentoring + People have a bias towsed underestimation. Reviow estimates ond ask inportant questions to make sure oetamatas are not biased + Management wants a nunber for a bid, not a rea] estimate Project managere must negotiate with project sponsors to create realistic cost astinates ANDI Sind ar TP Mage 2018(Tota 25 Marks) 05 4. Wht is meant by quality n projet management? (08 Marks) answer points The degree to which » set of inherent cheracteristica fulfils requicenents. ~ CONFORMANCE to stated CRITERIA agreed by the CUSTOLER or ite representatives = conformance to equirenents: meeting written spect tioations = fitness for uso: ensuring a product can be used as it was intended Si, Stte the most sigaiticant characterises of efisctive and ineffective project, managers. Give two points preach. (0¢ Marks) answer points Effective Project Managers (1*2 marke} + ead by example + ars good motivators + Are visionaries + stend up te upper + Are technically competent management when aeeaseary + Support ceam embers + are dactaive + encourage new Seas + are cood comrunicators Inercective eroject vanagerzs (1*2 Marks! + Set bad oxamplee + kre not sele~aseured + ack technical expertise + Are poor communicators + kre poor motivators HRDIT Sn year Pej Mung 218‘What a he dienes between quality assurance an quali conto! (05 Marks) Answer points (2.5* 2 Marks) Te differences between quality control and quality assurance are: Quality Conto Quality assurance lidae withia the prodéct Tone external te it Ghacks prodicta/deliverables ~ Checks prOckeses Checks are dene against unique Done against good practice Briefly describe the impact of using modcen sofware took and techniques in project communications, (0S Marks) ansuex pointe Briefly expen the following es Project Risk Managensent be Project Procurement Management (08 Marks) angver points (442 Marks} Project Risk Management (02 Marks} Risk Managenent is the systenatic process of Adentifying, analyzing, and responding to project risk, ‘The major processes in Project Risk Managenent: (02 Macks) Risk anagement Planning isk Identification Qualitative Risk Analysis Quantitative Risk Analysis Risk Response Planning Risk Nonitoring and Control 0b, Proxect Procurement wanagenent {02 Harks) Project Procurenent Wanagenent includee the processes required to Acquiring goods and services foro project, from cutsice the performing otganization. ‘he major processes in Project Procurenent Management: (2 marks) Planning purchases and acquisitions Planning contvacting Requesting seller responses Selecting sellers Aaninistering the contract closing the contract (Tota 25 Marks] NDI Second ea aj Mareen 208