Project Management
1. Consider a hypothetical project of conducting Annual Day in your university. In this context, explain how different Project Life Cycle Models can be considered. Write examples for each PLC Models in your answer and suggest which model will be the best suitable for this case.
2. India’s Road and Transport Ministry has taken-up various Expressway Road Projects in the country. One of the such project consist of following broad scope of work:
a. Constructing roads
b. Constructing tunnels
c. Constructing bridges over river
d. Constructing flyovers and junctions
e. Constructing convenient places (fuels stations, rest areas, etc.)
f. Developing a solution for speed monitoring
g. Finding suitable road material for areas in heavy flood zone
Prepare three types of project organization structures for this case. Evaluate and suggest the best suitable structure for the given project.
3. Answer the following questions.
a. A project manager is struggling to select one of the following three options. Use appropriate method to evaluate the projects based on the given information.
I: Initial investment
C1 to C6: Cash flow at the end of Year-1 to Year-6 respectively.
| I | C1 | C2 | C3 | C4 | C5 | C6 | ||
| Project-01 | Cashflow | -20 | 5 | 5 | 5 | 5 | 5 | 5 |
| Project-02 | Cashflow | -25 | 10 | 5 | 5 | 5 | 5 | 5 |
| Project-03 | Cashflow | -30 | 10 | 10 | 5 | 5 | 5 | 5 |
Consider Discounting Rate as 8% per year.
b. India’s Road and Transport Ministry has taken-up various Expressway Road Projects in the country. One of the such project consist of following broad scope of work:
a. Constructing roads
b. Constructing tunnels
c. Constructing bridges over river
d. Constructing flyovers and junctions
e. Constructing convenient places (fuels stations, rest areas, etc.)
f. Developing a solution for speed monitoring
g. Finding suitable road material for areas in heavy flood zone
Prepare the Work Breakdown Structure for this project.