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UNIVERSITY OF MUMBAI MAY 2002 EXAMINATION

SUBJECT : PROJECT MANAGEMENT

COURSE : M.H.R.D.M. / M.M.M. / M.F.M. (THIRD YEAR)

SUGGESTED ANSWERS TO THEORITICAL UESTIONS

Question 1

a) Define Project. What are the main characteristics that identify and differentiate projects? Do you think that the

specialised project management techniques can be applied effectiely to non!engineering areas of organi"ational

functions? #$plain your ans%er %ith suitable e$amples.

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+!"#$%&.

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b) What are the eligibility criteria under the current &'ndustrial Policy of the goernment of 'ndia for an industry to be

coered under (mall (cale 'ndustrial (.(.'.) (ector? What are the special proisions* concessions* and incenties

aailable to the (.(.'. sector under the policy?

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P!"%& *-4%&!$ 6, SSI 7$& +!'"!'&, - +!'%$ +!$4$!$-%$ '- 7"$!-*$-& +!%9$.

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8/12/2019 2002 Solution

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c) #$plain the organi"ation structure of a Pure Project type of organi"ation %ith an organi"ation chart and enumerate

its adantages and disadantages. +or %hat types of projects such organi"ation is more suitable?

P!$ P!"#$%& "!7-'?&'"- ' 433, $'%&$ "!7-'?&'"- %!$&$ 4"! +!"#$%& '*+3$*$-&&'"- - ' $+!&$ 4!"* &9$

+!$-& ,&$* ;'&9 '&O;- &$%9-'%3 &44O;- *'-'&!&'"-

G'$ +!$-& 4'!* +$!'"'% !$+"!& - "$!'$;

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I-''3 $=%$3 '- +!"#$%& !$ "4 &$%9-'%3 $=+$!&'$D'-&7$:

D+3'%&'"- "4 $44"!&< 4%'3'&'$< +$!"--$3S&"%1+'3$ $'+*$-& - T$%9-'%3 A'&-%$

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d) What are the main aspects to be considered under ,arket -nalysis %hile %orking out the project feasibility? Which

of the main outputs of market analysis that are useful in financial analysis?

M'- +$%& &" 6$ %"-'$!$ -$! *!1$& -3,' ;9'3$ ;"!1'-7 "& &9$ +!"#$%& 4$'6'3'&, !$:

) P!"%& 4$&!$ M#"! $< %"+$ "4 *!1$&< +"'63$ %"*+$&'&'"- 4!"* 6&'&&$ +!"%&< +$%'3 4$&!$!$3&'-7 '- %"-*$! +!$4$!$-%$.

6) P!"%& D$*- 5 +& +!$$-& $*-< 4"!$%& "4 4&!$ &!$-< *!1$& $7*$-&&'"- 6, -&!$ "4 +!"%&