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Nmims April customized assignments - Create a RACI chart for _Our Software Project_ as per

This is a research report on Nmims April customized assignments - Create a RACI chart for _Our Software Project_ as per uploaded by Marketing Answersheets in category: All Documents »  Education »  College section of our research repository.
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Category: All Documents  »  Education » College

Tags: NMIMS CUSTOMIZED ASSIGNMENTS , 2020 nmims assignments , 2020 nmims solved assignments , Nmims 2020 solved assignments , Nmims 2020 customized assignments , 2020 April nmims assignments , April 2020 nmims solved assignments , Nmims April 2020 assignments , Nmims April assignments.
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Project Management

1. Create a RACI chart for “Our Software Project” as per the WBS shown below, for the project management roles of project sponsor, project manager, customer, and business analyst and software developer.

2. You are a project manager with Striker Projects Pvt. Ltd. As the project manager, you need to evaluate two projects “Salient” and “Stylish”, and make a recommendation to management for the selection of a suitable project. Both the projects “Salient” and “Stylish” entail an initial investment of ₹5, 00,000. Projected cash inflows for the Project “Salient” are ₹1,50,000 in year 1; ₹1,60,000 in year 2; ₹1,70,000 in year 3, and ₹1,65,000 in year 4. Projected cash inflows for the Project “Stylish” are ₹1,40,000 in year 1; ₹1,40,000 in year 2; ₹1,40,000 in year 3, ₹1,25,000 in year 4; and ₹1,22,000 in year 5. The required rate of return is 10%. The present value of ₹1 at 10% is ₹0.909 for year 1, ₹0.826 for year 2, ₹0.751 for year 3, ₹0.683 for year 4, and ₹0.621 for year 5. Calculate Net Present Value (NPV), Internal Rate of Return (IRR) and Profitability Index (PI) for both the projects “Salient” and “Stylish”. Compare and contrast NPV, IRR and PI values of projects “Salient” and “Stylish”, and recommend a suitable project for investment to the management. (10 Marks)

3. A project “Suprio” comprises of 9 activities of varying durations and dependence on previous activities. These activities, along with their precedent relationships, and their 3-point estimates of optimistic, most likely and pessimistic duration are given in the table below.

Project Activity Precedent Activity Activity Duration (Days)
Optimistic Most Likely Pessimistic
A -- 4 6 8
B -- 5 7 9
C A 4 7 10
D B 6 8 10
E C,D 3 6 9
F C,D 4 6 8
G E 3 6 9
H F 3 5 7
I G,H 4 6 8


a. Draw the network diagram of project “Suprio” and also determine the critical path for the completion of project “Suprio”. (5 Marks)

b. Calculate the expected time of completion of project “Suprio” based upon the 3-point estimates. What is the probability that project “Suprio” would be completed within 37 days? (5 Marks)
For answersheets contact
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