SMU BCA SEM 1 FALL 2014 ASSIGNMENTS

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SMU BCA SEM 1 FALL 2014 ASSIGNMENTS

 

BCA1010– Fundamentals of IT& Programming

 

1 Write a note on the following

  1. a) Optical Character Readers (OCR)
  2. b) Laser printer

2 Explain the two types of terminals used with mainframe systems?

3 Explain about Linux operating system.

4 List any five characteristics of an object-oriented design (OOD).

5 List the five major activities of an operating system in regard to process management.

 

 

 

BCA1020- PROGRAMMING IN C

1 Define operators. Briefly explain about any four Operators in C.

2 Differentiate between while and do-while statements.

3 Describe about static and external variables.

4 Define structure. What is the syntax for defining a structure? Write a simple program using structure.

5 Define macro. How we can declare a macro statement? Explain with an example.

6 What is the use of fopen () and fclose () function? List and explain different modes for opening a file.

BCA 1030- BASIC MATHEMATICS

 

1 Differentiate x w.r .t.x sinx 10 10

  1. Prove that the set Z4 = {0, 1, 2, 3} is an abelian group w.r.t. addition modulo 4.
  2. Find the sum to ………

4 !

3.6.7

3 !

2.4.5

2 !

1.2.3

+ + +

  1. One third of the students in a class are girls and the rest are boys. The probability that a girl gets a first class is 0.4 and that of a boy is 0.3. If a student having first class is selected, find the probability that the student is a girl.
  2. Evaluate

x sin x dx 2 1- ò

  1. The mean and standard deviation of 63 children on an average test are respectively 27.6 and 7.1. To them are added a new group of 26 who have less training and whose mean is 19.2 and standard deviation is 6.2. How will the value of combined group differ from those of the original 63 children as to mean and standard deviation?

 

BCA1040 – DIGITAL LOGIC

 

1 Convert the following:

  1. i) (0100 1111 1011 0010)2 to octal number and decimal number
  2. ii) (6704)8 to decimal and binary number

2 Construct the following gates using NOR gates.

a)XOR b) NAND c) XNOR

3 Simplify the following truth table using k-map and find the reduced function f(x,y,z).

x y z f(x,y,z)

0 0 0 1

0 0 1 1

0 1 0 1

0 1 1 1

1 0 0 0

1 0 1 0

1 1 0 1

1 1 1 1

4 Draw the truth table of full adder and implement it using the logic gates.

5 What are sequential circuits? Explain differences between sequential circuits and combinational circuits.

6 What are shift registers? Explain serial in serial out shift register.

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SMU BBA SEM 2 FALL DRIVE SOLVED ASSIGNMENTS

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SMU BBA SEM 2 FALL DRIVE ASSIGNMENTS

 

SMU BBA SEM-2 FALL 2014 ASSIGNMENTS

 

BBA 201- RESEARCH METHODS

 

 

1 Briefly describes the different steps involved in a research process. What are the characteristics of good research?

2 a. Explain the different types of research designs.

  1. Differentiate between Probability and Non-probability sampling methods.

3 The important task ahead of the researcher is to document the entire work done in the form of a well-structured research report. Explain the report writing steps. What are the guidelines for writing the research report?

 

 

 

 

 

 

BBA202: BUSINESS STRATEGY

 

 

1 Give the meaning of the following:

(a) Business strategy

(b) Business Policy

(c) Strategic Analysis

(d) Strategic Planning

2 Define strategic management. What are the causes for failure of Strategic Management?

3 Write short notes on the following:

  1. a) Core competencies and their importance
  2. b) Strategic leadership.

 

 

BBA 203 &- FINANCIAL ACCOUNTING

 

 

1 Journalize the following transactions in the books of Balu.

2004                                                                                                    Rs.

Jan. 1        Commenced business                                      25,000

Jan. 2        Goods purchased for cash                               15,000

Jan. 3        Paid freight                                                              500

Jan. 7        Goods sold to Raj Kumar on credit                5,000

Jan. 8        Paid for stationery                                              2,000

Jan.10      Paid for Rent                                                          1,000

Jan.13      Cash received from Mohan Das                      15,400

Allowed him discount                                             600

Jan.15      Paid Premium                                                            4,000

Jan.20      Paid to postage                                                      1,000

Jan.25      Paid for salaries                                                        500

Jan.30      Commission received                                           1,000

Preparation of all the journal entries with the correct amount

Narration

2 Accountancy refers to a systematic knowledge of accounting. It explains ‘why to do’ and ‘how to do’ of various aspects of accounting. Explain the objectives of accounting and explain the categories of users.

3 What do you understand by good will? Explain the accounting treatment of goodwill at the time of admission. Give journal entry for the below problem:

T and S are partners in a firm sharing profit in the ratio 5:3. They admitted G as a new partner for 1/4th share in the profit. G brings Rs.45,000 for her share of goodwill and Rs.1,20,000 for capital. They have withdrawn the goodwill from the firm. Make journal entries in the books of the firm after the admission of G. The new profit sharing ratio will be 2:1:1.

Meaning of good will with the formula

Accounting treatment of good will at the time of admission

Journal entry in the books of T,S and G

4 Differentiate between trade discount and cash discount.

Enter the following transactions in Sadhana’s simple cash book.

2010 April 1st April Balance of cash in hand Rs.1500

8th April Purchased goods for cash from X for Rs.320

15th April Sold goods for Rs. 480 to Y for cash

20th April Received commission Rs.65

22nd April Paid Commission Rs.55

28th April Paid to Reena on account Rs.715

30th April Paid salary to the office clerk Rs.100 and office rent Rs.60

5 Final Accounts are prepared at the end of accounting year with various adjustments. Explain the features and objectives of final accounts.

  1. Prepare Trading and Profit and Loss Account and Balance Sheet from the following particulars as at 31st March 2012.
Particulars Dr. (Rs) Cr. (Rs)
Capital / Drawings 1,400 10,000
Cash in hand 1,500 -
Bank overdraft @ 5% - 2,000
Purchase and Sales 12,000 15,000
Returns 1,000 2,000
Establishments charges 2,500 -
Taxes and Insurance 500 -
Provision for Doubtful Debts - 1,000
Bad Debts 500 -
Sundry Debtors and Creditors 5,000 1,850
Commission - 500
Investments 4,000 -
Stock on 1 April 2010 3,000 -
Furniture 600 -
Bills Receivable & Bills payable 3,000 2,500
Collected Sales Tax - 150
Total 35,000 35,000

Further, you are required to take into consideration the following information:

  1. a) Salary Rs.100 and taxes Rs.400 are outstanding but insurance Rs.50 prepaid
  2. b) Commission amounting to Rs.100 has been received in advance for work to be done next year.
  3. c) Interest accrued on investments Rs.210
  4. d) Provision for doubtful Debts is to be maintained at 20%
  5. e) Depreciation on furniture is to be charged at 10% p.a.
  6. f) Stock on 31st March 2012 was valued at Rs.4,500
  7. g) A fire occurred on 25th March 2012 in the godown and stock of the value of Rs.1,000 was destroyed. It was fully insured and the insurance company admitted the claim in full.

[Calculation of Trading and P/L a/c-5

Preparation of balance sheet-5]

 

 

BBA 204- Marketing Management

 

 

1 Explain the personal, socio-cultural, Psychological determinants of consumer behaviour.

2 Describe the methods of environmental analysis-SWOT, PEST.

3 The brand is the symbol of the product’s personality. It is developed though diligent market research and is based on the customer’s needs and wants. Explain the various steps which are undertaken in the formation of a brand with examples.

4 Define Product mix. Explain the factors determine the decisions of the Product mix.

5 Define Green Marketing. What are the reasons for which companies adopt green marketing?

6 Discuss the characteristics of services (any three) and the important strategies which help in marketing of services.

 

BBA205 – MANAGEMENT INFORMATION SYSTEM

 

1 Define MIS. Describe the characteristics and functions of MIS.

2 What do you mean by ERP? Describe the situations before and after the existence of ERP. Explain the challenges involved in ERP

3 Explain the applications and systems used in E-communication.

4 There is an information explosion in today’s society. There are lot of advantages of DBMS like proper maintenance of the data and maintaining security. Explain the process of data transition using diagram and an example of your own.

  1. There are two investment plans in the market whose details are given below based on which you need to decide which investment plan you need to select. Suggest which investment plan you prefer and why?
Particulars Part A Part B
Investment in Rs. Million 3 2.7
Savings/ gain per year in Rs. Million 1 0.75
No. of years savings or gain would occur 5 5
Discount Rate 12% 12%

6 Write short notes on the following:

  1. a) Transaction Processing System (TPS)
  2. b) Knowledge Based System (KBS)

 

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SMU BBA SEM 2 FALL DRIVE SOLVED ASSIGNMENTS

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SMU BBA SEM 2 FALL DRIVE ASSIGNMENTS

 

SMU BBA SEM-2 FALL 2014 ASSIGNMENTS

 

BBA 201- RESEARCH METHODS

 

 

1 Briefly describes the different steps involved in a research process. What are the characteristics of good research?

2 a. Explain the different types of research designs.

  1. Differentiate between Probability and Non-probability sampling methods.

3 The important task ahead of the researcher is to document the entire work done in the form of a well-structured research report. Explain the report writing steps. What are the guidelines for writing the research report?

 

 

 

 

 

 

BBA202: BUSINESS STRATEGY

 

 

1 Give the meaning of the following:

(a) Business strategy

(b) Business Policy

(c) Strategic Analysis

(d) Strategic Planning

2 Define strategic management. What are the causes for failure of Strategic Management?

3 Write short notes on the following:

  1. a) Core competencies and their importance
  2. b) Strategic leadership.

 

 

BBA 203 &- FINANCIAL ACCOUNTING

 

 

1 Journalize the following transactions in the books of Balu.

2004                                                                                                    Rs.

Jan. 1        Commenced business                                      25,000

Jan. 2        Goods purchased for cash                               15,000

Jan. 3        Paid freight                                                              500

Jan. 7        Goods sold to Raj Kumar on credit                5,000

Jan. 8        Paid for stationery                                              2,000

Jan.10      Paid for Rent                                                          1,000

Jan.13      Cash received from Mohan Das                      15,400

Allowed him discount                                             600

Jan.15      Paid Premium                                                            4,000

Jan.20      Paid to postage                                                      1,000

Jan.25      Paid for salaries                                                        500

Jan.30      Commission received                                           1,000

Preparation of all the journal entries with the correct amount

Narration

2 Accountancy refers to a systematic knowledge of accounting. It explains ‘why to do’ and ‘how to do’ of various aspects of accounting. Explain the objectives of accounting and explain the categories of users.

3 What do you understand by good will? Explain the accounting treatment of goodwill at the time of admission. Give journal entry for the below problem:

T and S are partners in a firm sharing profit in the ratio 5:3. They admitted G as a new partner for 1/4th share in the profit. G brings Rs.45,000 for her share of goodwill and Rs.1,20,000 for capital. They have withdrawn the goodwill from the firm. Make journal entries in the books of the firm after the admission of G. The new profit sharing ratio will be 2:1:1.

Meaning of good will with the formula

Accounting treatment of good will at the time of admission

Journal entry in the books of T,S and G

4 Differentiate between trade discount and cash discount.

Enter the following transactions in Sadhana’s simple cash book.

2010 April 1st April Balance of cash in hand Rs.1500

8th April Purchased goods for cash from X for Rs.320

15th April Sold goods for Rs. 480 to Y for cash

20th April Received commission Rs.65

22nd April Paid Commission Rs.55

28th April Paid to Reena on account Rs.715

30th April Paid salary to the office clerk Rs.100 and office rent Rs.60

5 Final Accounts are prepared at the end of accounting year with various adjustments. Explain the features and objectives of final accounts.

  1. Prepare Trading and Profit and Loss Account and Balance Sheet from the following particulars as at 31st March 2012.
Particulars Dr. (Rs) Cr. (Rs)
Capital / Drawings 1,400 10,000
Cash in hand 1,500 -
Bank overdraft @ 5% - 2,000
Purchase and Sales 12,000 15,000
Returns 1,000 2,000
Establishments charges 2,500 -
Taxes and Insurance 500 -
Provision for Doubtful Debts - 1,000
Bad Debts 500 -
Sundry Debtors and Creditors 5,000 1,850
Commission - 500
Investments 4,000 -
Stock on 1 April 2010 3,000 -
Furniture 600 -
Bills Receivable & Bills payable 3,000 2,500
Collected Sales Tax - 150
Total 35,000 35,000

Further, you are required to take into consideration the following information:

  1. a) Salary Rs.100 and taxes Rs.400 are outstanding but insurance Rs.50 prepaid
  2. b) Commission amounting to Rs.100 has been received in advance for work to be done next year.
  3. c) Interest accrued on investments Rs.210
  4. d) Provision for doubtful Debts is to be maintained at 20%
  5. e) Depreciation on furniture is to be charged at 10% p.a.
  6. f) Stock on 31st March 2012 was valued at Rs.4,500
  7. g) A fire occurred on 25th March 2012 in the godown and stock of the value of Rs.1,000 was destroyed. It was fully insured and the insurance company admitted the claim in full.

[Calculation of Trading and P/L a/c-5

Preparation of balance sheet-5]

 

 

BBA 204- Marketing Management

 

 

1 Explain the personal, socio-cultural, Psychological determinants of consumer behaviour.

2 Describe the methods of environmental analysis-SWOT, PEST.

3 The brand is the symbol of the product’s personality. It is developed though diligent market research and is based on the customer’s needs and wants. Explain the various steps which are undertaken in the formation of a brand with examples.

4 Define Product mix. Explain the factors determine the decisions of the Product mix.

5 Define Green Marketing. What are the reasons for which companies adopt green marketing?

6 Discuss the characteristics of services (any three) and the important strategies which help in marketing of services.

 

BBA205 – MANAGEMENT INFORMATION SYSTEM

 

1 Define MIS. Describe the characteristics and functions of MIS.

2 What do you mean by ERP? Describe the situations before and after the existence of ERP. Explain the challenges involved in ERP

3 Explain the applications and systems used in E-communication.

4 There is an information explosion in today’s society. There are lot of advantages of DBMS like proper maintenance of the data and maintaining security. Explain the process of data transition using diagram and an example of your own.

  1. There are two investment plans in the market whose details are given below based on which you need to decide which investment plan you need to select. Suggest which investment plan you prefer and why?
Particulars Part A Part B
Investment in Rs. Million 3 2.7
Savings/ gain per year in Rs. Million 1 0.75
No. of years savings or gain would occur 5 5
Discount Rate 12% 12%

6 Write short notes on the following:

  1. a) Transaction Processing System (TPS)
  2. b) Knowledge Based System (KBS)

 

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SMU BBA SEM 1 FALL 2014 SOLVED ASSIGNMENTS

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SMU BBA SEM 1 FALL 2014 ASSIGNMENTS

 

BBA 101- COMMUNICATION SKILLS

 

1 Communication is complete only when the intended information reached the receiver. What are the various barriers to communication? How can you overcome them?

2 Discuss different types of communication network practiced in an organization.

3 A good structured report helps the management to take vital decisions in an organized manner. Describe the structure and the steps involved in writing a good report.

4 What groundwork does one need to do to make an effective presentation? How do verbal, vocal and visual components of communication impact a presentation?

5 Different purposes of reading require different methods of reading. Describe the various ways of reading. What are the techniques that you can use to improve your reading?

6 Why is employment communication a necessary weapon for employer? What should an applicant look for before he submits a resume to his prospective employer?

BBA102: ORGANIZATION BEHAVIOUR

 

1 Define the term ‘Organisational Behaviour”. Explain the importance of Organizational Behaviour.

2 Explain the following:

  1. a) Span of Control
  2. b) Centralisation and Decentralisation

3 Define the term ‘Learning’. Explain any three theories of learning.

4 Define the term motivation. Explain Maslow’s need Hierarchy theory.

5 What is meant by conflict? Describe the sources of conflict?

6 Write short notes on the following:

  1. a) Organization Culture
  2. b) Conflict management

 

 

BBA 103-BUSINESS ENVIRONMENT

 

1 Economic policy refers to the monetary and fiscal policies that affect the growth rate of the economy. Discuss in detail these policies.

2 Differentiate between capitalist and socialist economies.

3 Discuss the Industrial laws applicable in India.

4 What is disinvestment? What is the difference between privatization and disinvestment? What are the objectives of disinvestment?

5 Describe the corporate social responsibility of business houses towards human resources with an example of an Indian Company.

6 Explain the Indian economy with reference to the service sectors like Education and Health care.

 

 

 

BBA104- QUANTITATIVE TECHNIQUES IN BUSINESS

 

1 Statistics plays a vital role in almost every facet of human life. Discuss the characteristics of Statistics. What is the importance of statistics in business and management?

2 a. Differentiate between primary and secondary data

  1. Explain the concept of correlation and regression.

3 Describe the meaning of Index numbers. Explain the different methods of construction of index numbers.

 

BBA105- COMPUTER FUNDAMENTALS

 

1 a. Determine the decimal equivalent of the given number (68.33)8

  1. determine the decimal equivalent of the given number (115)16

2 Invite a set of friends for your wedding through email because you do not have enough of time to go and personally invite. How do you invite them with one personal mail?

3 a. What is a Macro?

  1. How do you create Macro?

 

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PM0018 –CONTRACTS MANAGEMENT IN PROJECTS

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DRIVE-Fall 2014

PROGRAM/SEMESTER-MBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDPMN (SEM 2)

SUBJECT CODE & NAME-PM 0018 –CONTRACTS MANAGEMENT IN PROJECTS

Q1. What is procurement management? Explain the basic steps in procurement process.

(Definition of procurement management, Explain the six basic steps of procurement process)2.5, 7.5 (1.5 marks per step)

Ans.

Procurement management

Procurement management is an important knowledge area in project management and it is a formal process by which many organizations acquire their goods and services from outside body. Hence, project procurement management involves getting work done by people outside the project organisation. It includes the management of purchasing or acquiring of product, services, or projects.

 

Q2 Explain condition for adopting National Competitive Bidding and the requirements of National Competitive Bidding.

(Explanation of:

Condition for adopting National Competitive Bidding-4, requirements of National Competitive Bidding-6) 10 marks

Answer.

 

Condition for adopting National Competitive Bidding

In National Competitive Bidding you as an employer or purchaser, invite bids for works and goods through advertisement in electronic and print media within the country. However, foreign firms can participate in the bidding process, provided they accept the bidding conditions. The bidders have to submit their bids in national currency only and payment would also be made in national currency. You can choose NCB method of procurement for goods and services under the following circumstances:

 

Q3 List the features of Item Rate contracts and demonstrate how they are different from Lump Sum contracts.

(Listing of features of Item Rate contracts-5, Differences-5) 10 marks

Answer.

 

Features of Item Rate contracts

The salient features of item rate contracts:

Bidders are allowed to quote unit rates1 for carrying out various items of work or required goods.

  • Detailed measurements of all items of work executed by the contractor are recorded and payments are made to the contractor as per the quoted rates.

 

 

 Q4 What is RFP? What are the types of consultancy contract?

(Definition of RFP-4, what it includes Description of types of consultancy contracts, where it is best suited-6) 10 marks

Answer.

 

Definition of RFP

It is an invitation for suppliers, requesting for detailed proposal on how the work will be accomplished, company experience, price, and so on. The RFP document for procurement of consultant is similar to tender document for procurement for works and goods. RFP provides all the instructions and information necessary for the shortlisted consultants to prepare their proposals.

 

Q5. Briefly explain the areas of risk and causes of risk in contracts. Briefly describe five conditions for termination of a contract?

(Explanation of various risks-5, Description of conditions for termination of contract-5) 10 marks

Answer.

Risk and causes of risk in contracts

From the point of view of where risk control lies, five classifications of risk can be listed:

  • External risks which are unpredictable like acts of god, third party risks and so on.
  • External risks which are predictable, but uncertain, like weather.

 

Q6. What is outsourcing? What are its benefits and draw backs? Write short notes on contract compliances?

(Explanation of outsourcing, benefits and drawbacks-5, Short notes on contract compliance-5) 10 marks

Answer.

Outsourcing

 

Outsourcing is subcontracting a service, such as product design or manufacturing, to a third party company. The decision whether to outsource or to do in-house is often based on achieving a lower production cost, making better use of available resources, focusing energy on the core competencies of a particular business, or just making more efficient use of labour, capital, information technology or land resources. It is essentially a division of labour. Outsourcing became part of the business lexicon during the 1980s.

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PM0017 –PROJECT QUALITY MANAGEMENT

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DRIVE-Fall 2014

PROGRAM/SEMESTER-MBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDPMN (SEM 2)

SUBJECT CODE & NAME-PM 0017 –PROJECT QUALITY MANAGEMENT

 

Q1. What is quality assurance? Explain the inputs , outputs and  tools of quality assurance process.

(Definition of quality assurance, Description of inputs to quality assurance Description of tools and techniques used for quality assurance, Description of outputs of quality assurance)1, 3,3,3

Ans.

Quality assurance

Assurance is the process of gaining stakeholders confidence by providing evidence that the quality-related activities are being performed effectively and the planned actions will be completed to produce a product or service that will satisfy the stated quality requirements.

 

Q2. Write short notes on

(PDCA cycle, Quality audits)5,5

Ans.

 

PDCA cycle

 

The Plan-Do-Check-Act (PDCA) cycle is as follows:

Plan: This is the beginning point where the process will have to be selected. This process if executed correctly indicates the greatest opportunity for success, at first; it may be useful to select the process which indicates the biggest potential for the successful improvement and also maybe the “easiest” one. The team may face less difficulty while working through the model the first time, and both the team and the management will be encouraged by the success. After selecting the right process, the change should be analysed and planned.

 

Q3 Describe the Enterprise Project Management Model(EPM)

(Definition-2, Model which supports EPM-2, Implementation of EPM-3, Advantages of EPM-3) 10 marks

Answer.

Definition

It gives an overall view of the resources and the project management activities and brings in quality and

success of the project management i organisation. Enterprise project management operation is a strategic choice by the organisation to modify the way decisions are made, resources allocated to projects, projects are being selected, and the way projects are folded down. EPM is the dedication of the organisation to doing work through projects, where appropriate, and obtaining more benefits from projects.

 

 

Q4 Explain the project management value initiative

(General description of project management value initiative-4, six steps in the project initiative program -6) 10 marks

Answer.

Project management value initiative

 

The value initiative program focuses on educating the measurement team on the project management value measurement program. This helps the team to understand the program and enables them to clearly recognise the program’s goals and objectives. The organizational construct which will affect the project management value measurement program are the stakeholders, the organisational mission and strategies, the organisational structure, the key business process, the project

 

Q5 Briefly explains the seven forces involved in the success of quality in project management.

(Explanation of: Placing the budgetary considerations ahead of the quality-2, Placing schedule considerations ahead of quality-1, Placing political considerations ahead of quality-1, Being arrogant-1, Lack of fundamental knowledge, research or education, the principles of quality assurance-2, Pervasively believing in entitlement-2, Practicing autocratic behaviours, resulting in “enrolment”-1) 10 marks

Answer.

Placing the budgetary considerations ahead of the quality: As per this root cause category, management does not understand the fundamental concept of the cost of quality, as defined by Philip Crosby and Frank Gryna. Obtaining quality in performance and service is still viewed as an expense, rather than an indispensable element for profitability. Major decisions are made based on accounting principles that do not recognise the idea of the cost of (poor) quality.

Placing schedule considerations ahead of quality: When quality processes are in place, schedules will be met. But

 

Q6. UK based Sonifex has been manufacturing equipments to broadcast audio for the radio, TV, security and telecommunications for more than 40 years. A reputation for building high quality, reliable professional audio products, 100% engineering and manufactured in their UK factory and is being used in facilities all over the world has been earned by Sonifex. Sonifex is in private owned by its directors and headed by Marcus Brooke. Sonifex’s finest known products comprises of the award winning Courier portable flash-card recorder, which was chosen as the millennium product by the UK’s design council. The Red Box range of audio interfaces, that are designed for systems integrators and the lately introduced reference monitor range, a new series of rack-mount audio monitors that utilise the latest DSP (digital signal Processing) technology is also one of Sonifex’s product.

In the late 1990s, during the drift towards overseas manufacturing, the need to overhaul its complete operation if it were to maintain its status as a leading UK manufacture and to retain its expert manufacturing staff was recognised by Sonifex. Of late, the company realised that a modification needed in the way the manufacturing process was controlled so that stock control, invoicing and accounts can be incorporated. An Excel system called EFACS, allowed to do a lot of what was needed in terms of stock control and production planning. However, the system was very cumbersome and wasn’t really suited to the needs of a smaller company where one person usually has more than one task to be performed. Sonifex had its own in-house software expert that could perform a thorough inspection and take a look at the system to see how on the improvements. A new front end was created.

 

Sonifex was the first to invest in Dscope Series III audio analysers. In fact they were involved in helping to incorporate beta testing in the unit. A prototype was seen at a broadcast convention and the beta test was advised to perform as a must. The price was a factor- it is incredibly competitive when compared to the test equipment offered by other manufactures, but that wasn’t the only reason to be chosen. They were also convinced by its incredible feature-set and by its user friendliness, but the main deciding factor was that the system could be easily integrated into their test systems, enabling them to develop their own user interface, integrating the scope seamlessly into their own software system.

 

The company’s Dscope series III is an inclusive and powerful measurement system for analog and digital audio generation and analysis, consisting of digital audio carrier analysis, acoustic transducer testing and testing of sound devices. The net result of Dscope III was very a rapid diagnosis and correction of any manufacturing faults, with detailed test records being written directly into the test system, giving a complete product that was ever built. This, in turn led to far more effective component batch control of products on the manufacturing lines, and more efficient technical support of products in the field. Each and every step of the phase of the Dscope III series had to undergo a complete inspection, measurement of the devices and testing. Sonifex thus has been able to standardise on the Dscope III series for both development and testing purposes, allowing engineers to exchange results and test procedures between departments. The Dscope III analysis was a important part of the company’s performance criteria.

 

Sonifex’s followed automated testing process and is now an integral part of its fresh software package, which was developed in-house. By doing the right inspection, measurement and testing at the right time Sonifex has retained their manufacturing operation in UK when many of the competitors had to move overseas. In spite of all this Sonifex continued to develop quality design and manufacture the quality products in such a way that customers come expecting them.

What were the challenges faced by Sonifex’s measurement system? Describe the role of inspection, measurement and testing in building Sonifex. (Listing of challenges-4, Description of the role of inspection, measurement and testing-6) 10 marks

Answer.

Challenges faced by Sonifex

  • The first challenge is to maintain its status for the need to overhaul its complete operation in the late 1990’s
  • Next challenge is to retain its expert manufacturing process staff.

And also challenge to modify the manufacturing process so that stock control,

 

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PM0016 –PROJECT RISK MANAGEMENT

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DRIVE –Fall 2014

PROGRAM/SEMESTER- MBADS (SEM 4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDPMN (SEM 2)

SUBJECT CODE & NAME-PM 0016 –PROJECT RISK MANAGEMENT

 

Q1. Mention the steps followed in the risk identification process.

(Explain the five steps followed in the risk, identification process)   10

Ans-

Steps followed in the risk identification process

The identification of the risks can be done by following the below steps.

Step 1: Identifying the right project manager for the risk management task forms the first step. The project manager is the chief anchor of any project. The person must be capable of handling the entire project and must be aware of all possible risks. The choice of the project manager should be based on not just eligibility but also the person’s availability (dedicated time to be allotted) to handle the task.

 

Q2. What are the strategies used in risk response planning process.

(Explain the strategies for negative risks, Explain the strategies for positive risks) 5,5    

Ans-

Strategies for negative risks

The first three strategies mentioned are used to deal only with risks that have negative impacts on project objectives. The fourth strategy can be used for both negative as well as positive risks and opportunities.

Avoid: This plan involves making alteration in the project management plan that eradicates the threat completely from the project. This also involves making changes to the project objectives. Most of the organisations plan to shut down the project to avoid risk.

 

Q-3. What are the steps to balance short term and long term plans? What are the risk impacts? Give examples.10

  1. Listing of the steps to balance short term and long term plans-5
  2. Examples of risk impact 5

Ans-

 

  1. Steps to balance short term and long term plans

 

There are various steps to balance short-term plans with long-term plans.

This balancing also helps the risk management of such goals. Some of them include:

  • Discussing with a higher authority to determine how much time you and your team should be allocating towards short-term issues versus longterm plans along with their respective risk management plans.

 

 

 Q-4. Explain contract management? List the differences between a program and a project in business.

(Explanation of contract management including types of contracts-5, Listing the differences between a program and a project in business -5) 10

 

Contract management

There are many things involved in a project risk policy. One of them is contract management. Various kinds of contract can have an impact on the success of risk management strategies. As shown in the figure, the buyer and a seller risk is associated with a variety of contract types. For Example fixed price contracts create risk for the seller, while cost reimbursement contract creates risk for the buyers. Time and materials (T&M) Contracts fall in between.

 

Q-5. Pavan Misra is a project manager in Latitude Software Pvt Ltd Company. Pavan attended the seminar conducted annually in HCF convention centre, Lucknow. One of the managers portrayed the following situation at a company at which he had worked: In any organisation the project managers were remunerated for rectifying the problems in troubled projects. A manager who took a project that was not in good shape had refurbished it to good shape and it was appreciated by the customers. He could foresee a sizable bonus at his next performance review. The management analysed it to be a proper way to encourage their employees to outstanding performance.

One project manager at this company analysed this incentive system and, as should have been expected by upper management, employed it in his own best interest. He would secretly allow his projects to worsen slowly until they were on the edge of cancellation, then, with obvious, evident, heroic effort, would revive them. His actions – of which he made certain that his managers were aware – earned him considerable bonuses time and again. The higher management finally came to know that he was the cause of the problems that his projects suffered, and he was immediately dismissed. Pavan’s response to this presentation was twofold:

Good for the Manager

Top management at this company made it apparent to the project manager that it was his interest to save a troubled project. If top management didn’t analyse to provide him with a troubled project, he had to provide it for himself. The manager showed discernment and cleverness in supervising his projects in such a way that he could concurrently attain the company’s goal and his own (financial reward).

Shame on the Company

Top management at this company failed to guarantee that the project manager’s best interest overlapped with the company’s best interest. If the company wanted to have projects that were in good shape throughout their lifetimes, then their incentives to the project managers should have been focused toward keeping projects healthy. Managers whose projects never weakened should have received greater bonuses than managers whose projects suffered and later recovered. Furthermore, they failed to distinguish the apparent skill that this manager had; rather than firing this manager the company should have changed its incentive system and let this manager grow in a situation that would simultaneously benefit the company.

 

What could have the company done to avoid such situation? Do you think that Risk mitigation is a useful approach for this company? Justify.10

 

  1. evaluation of what the company could have done(relate it to evidence from the case) 5,  statement whether risk mitigation is useful 1, state the reasons for this stand 4

Ans.

Work done to avoid such situation

Employee motivation is probably the most important single manageable factor for success and profitability of all the facets of specialty store retailing. It is too vital to be handled on a hit or miss basis, depending on the whim or spirit that stirs the store owner or manager from time to time. To be effective, employee motivation must be promoted on a day-to-day, month-to-month basis. Most companies give lip service to the importance of good employees, but they don’t actually treat them as though they’re important. So companies should keep most of their great people, at every level, treat them like valued partners in the business’ success.

 

 

Q-6. Explain the need for documentation? 10

  1. Why documentation is vital 1 ,Aspects of project to document 7, Benefits 2

Ans.

Need for Documentation

Documentation is a vital need in project management. There are many benefits in having proper documentation in place. Accurate documentation provides easier usage and is the best reference point to know the processes and procedures. It helps to standardise processes and facilitates reviews. It is very useful for new employees during their knowledge-transfer. Hence, creating a well-structured and well-written document makes things simple.

 

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