Project Management NMIMS Solved June19
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Q1. What is a project charter? Describe different components of project charter? What are the various elements and steps of project planning? Briefly mention about various project planning tools. (10 Marks)
Q2. Discuss different steps and approaches involved in estimating time? Please explain in brief the different steps involved in the Critical Path Model as part of Project Scheduling. (10 Marks)
Q3. a. What is earned value management? What are the four main earned value management forecasting formulas? Please describe them with equations (5 Marks)
Q3. b. What is schedule compression? Elucidate the meaning of fast tracking and crashing the schedule? Highlight the differences between the two. (5 Marks)