University of Sargodha
MSc. 4th Term Examination 2019.
Subject I.T Course : IT Project Management (IT-4349)
Time allowed: 2:30Hours Maximum Marks: 80
Note: Objective part is compulsory. Attempt any three questions from subjective part.
Objective Part (Compulsory)
Q.No.1: write short answer of the following in 2-3 lines each on your answer sheet.
i. Enlist major phases of project management life cycle?
ANSWER:
There are five basic phases in the project management process:
1. Project Initiation
2. Project Planning
3. Project Execution
4. Project Monitoring and Controlling
5. Project Closing
ii. What is SWOT analysis?
ANSWER:
SWOT analysis is a strategic planning technique that provides assessment tools. SWOT Analysis Identify core strengths, weaknesses, opportunities, and threats leads to fact-based analysis, fresh perspectives, and new ideas.
iii. What are stakeholders? List out four key stakeholders in an organization.
ANSWER:
Stakeholders are those with any interest in project’s outcome. They are typically the members of a project team, project managers, executives, project sponsors, customers, and users. Stakeholders are people who are invested in the project and who will be affected by project at any point along the way, and their input can directly impact the outcome.
Key Stakeholders:
1.CEO
2.Managing Director
3.Managers
4.Clerks
5.Developers
iv. Enlist functions of management?
ANSWER:
1. Planning the Project
2.Leading the Project
3.Organizing the project
4.Mentoring and Controlling the project Progress
v. What are processes and level of management?
ANSWER:
1. Top-Level Management/ Administrative level
2. Middle-Level Management/ Executory
3. Low-level Management/ Supervisory
vi. Differentiate between forward and backward pass?
ANSWER:
Forward pass is a technique to move forward through network diagram to determining project duration and finding the critical path or Free Float of the project.
Whereas backward pass represents moving backward to the end result to calculate late start or to find if there is any slack in the activity.
vii. Explain the process involved in developing project time schedule?
ANSWER:
Step 1: Plan Schedule Management.
Step 2: Define Activities.
Step 3: Sequence Activities.
Step 4: Estimate Activity Resources.
Step 5: Estimate Activity Durations.
Step 6: Develop Schedule.
viii. What is activity duration estimation?
ANSWER:
The purpose of estimating activity durations is to determine the amount of time it takes to complete an activity. Estimate activity durations is a process of the Project Schedule Management knowledge area.
ix. Enlist any three problems associated with software project?
ANSWER:
Ø Poor estimates and plans;
Ø Lack of quality standards and measures;
Ø Lack of guidance about making organizational decisions;
Ø Lack of techniques to make progress visible;
Ø Poor role definition – who does what?
Ø Incorrect success criteria.
x. What is meant by strategic assessment?
ANSWER:
Strategic assessment focuses on understanding the current business model, the value system, current advantages, competencies, culture, dynamic factors & trends, patterns, current trajectory, incongruities, conflicts, threats, problems, and opportunities. This assessment will usually result in producing an impetus for change. It also builds insights and strategic thinking that will be applied to produce strategy and business design innovation. The holistic comprehensive inquiry is conducted with this objective in mind.
xi. What is cost benefit analysis?
ANSWER:
A cost-benefit analysis is a systematic process that businesses use to analyze which decisions to make and which to forgo. The cost-benefit analyst sums the potential rewards expected from a situation or action and then subtracts the total costs associated with taking that action.
xii. Do you know about process uncertainty?
ANSWER:
Project uncertainty is Ability to predict outcome of parameters or foresee events that may impact the project. Uncertainties have a defined e a defined range of possible outcomes described by functions reflecting the reflecting the probability for each outcome.
xiii. What things are needed to be focused while making a choice of a process model?
ANSWER:
1. Requirements Definition
2. Requirements change frequency.
3. Risk Assessment and mitigation strategy.
4. Development Team Expertise.
xiv. What is throw away prototyping?
ANSWER:
Throwaway prototyping is a short term prototyping which only used for information collection. After collecting information, throwaway prototyping not further used in development process.
xv. Where are estimates done?
ANSWER:
Estimates are done during planning and analysis phase. A complete projects estimation document is prepared after estimation.
xvi. What are types of strategic planning?
ANSWER:
There are three types of strategic planning that are essential to every organization:
1. Corporate
2. Business
3. Functional.
