Session 1: 2023-2024
Course: Project Management and Entrepreneurship (HSMC 701)
Question Mapping to Syllabus
Group-A (Very Short Answer Type Question)
- (i) Activities P, Q, and R instantly follow activity M, and their current starting times are 12, 19, and 10. So, what is the latest finishing time for activity M?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
- (ii) Define bar chart.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → Gantt chart.
- (iii) What is an Event ?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
- (iv) Bar chart was invented by whom ?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → Gantt chart. (Implicit knowledge related to the topic).
- (v) What do you mean by Audit of a project ?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 5: Project Monitoring and Control → Project Audit.
- (vi) CPM stands for ________.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
- (vii) What do you mean by Capital of a business ?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process.
- (viii) What is a BAR Chart ?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → Gantt chart.
- (ix) What is post project audit?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 5: Project Monitoring and Control → Project Audit.
- (x) Activities A, B, and C are the immediate predecessors for Y activity. If the earliest finishing time for the three activities are 12, 15, and 10, then what will be the earliest starting time for Y?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
- (xi) NSTC means ________.
- Syllabus Topic: This acronym is not explicitly in the syllabus, but it relates to government bodies supporting entrepreneurship, falling under ENTREPRENEURSHIP → Unit 5: Information.
- (xii) SSI stands for ________.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 5: Information → Government of India’s efforts at promoting entrepreneurship and innovation – SISI, KVIC, DGFT, SIDBI, Defense and Railways.
Group-B (Short Answer Type Question)
- 2. Explain various phases of Capital Budgeting.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process.
- 3. Write a short note on Organization Breakdown Structure (OBS).
- Syllabus Topic: PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS) and Organization Breakdown Structure (OBS).
- 4. What do you mean by feasibility of a Project ? How the feasibility study is conducted before starting a project.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Pre-Feasibility and Feasibility Studies.
- 5. How entrepreneurship involves the development of small scale industries. – Explain.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 1: Introduction → Contributions of entrepreneurs to the society.
- 6. Explain the concept of zero defects.
- Syllabus Topic: This is a quality management concept, implicitly related to PROJECT MANAGEMENT → Unit 5: Project Monitoring and Control.
Group-C (Long Answer Type Question)
- 7. (a) What do you mean by PERT Analysis and CPM in respect of project management techniques? (b) How one can Identify the Critical Path and its significance? Explain with an example and diagram. (c) Explain The Dummy Activity with Reference To Network Analysis.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis & Identification of the Critical Path and its Significance.
- 8. (a) What do you mean by entrepreneurship? (b) Explain various risk mitigation strategies for a firm. (c) What is divergent and convergent thinking?
- Syllabus Topic: (a) ENTREPRENEURSHIP → Unit 1: Introduction → Meaning and Concept of Entrepreneurship. (b) ENTREPRENEURSHIP → Unit 1: Introduction → Risk-opportunities perspective and mitigation of risks. (c) ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Divergent v/s Convergent Thinking.
- 9. (a) Define WBS ? Explain with an example the development of work breakdown structure in project management. (b) What is Blue Ocean strategy ?
- Syllabus Topic: (a) PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS). (b) ENTREPRENEURSHIP → Unit 3: Idea Incubation → Blue ocean strategy.
- 10. (a) Explain the motivational theory of McClelland and what do you mean by sustainable competitive advantage? (b) Explain in detail various risk mitigation strategies for a firm.
- Syllabus Topic: (a) ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Achievement motivation theory of entrepreneurship – Theory of McClelland & ENTREPRENEURSHIP → Unit 6: Closing the Window → Sustaining Competitiveness. (b) ENTREPRENEURSHIP → Unit 1: Introduction → Risk-opportunities perspective and mitigation of risks.
- 11. (a) Explain with an example the development of work breakdown structure in project management. (b) Explain how various project ideas are generated?
- Syllabus Topic: (a) PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS). (b) ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Idea Management System.
Crisp And Concise Analysis
- Overall Distribution: The paper is well-balanced between the two main sections.
- Project Management: 15 questions/sub-questions totaling 53 marks.
- Entrepreneurship: 9 questions/sub-questions totaling 37 marks.
- Key Modules from Project Management:
- Unit 4 (Project Scheduling and Costing - PERT/CPM/Gantt): This was the most heavily tested module with 9 questions, including a full 15-mark long question, making it critically important.
- Unit 3 (Project Planning - WBS/OBS): Very important, with 3 questions including two 7.5-mark sections.
- Unit 2 (Feasibility Studies): Tested consistently with 3 questions.
- Unit 5 (Monitoring and Control): Had 3 questions, primarily in the short answer section.
- Key Modules from Entrepreneurship:
- Unit 1 (Introduction): Very important, tested across all groups with 4 questions, including risk mitigation which appeared twice.
- Unit 2 (Innovation): Had 3 questions, focusing on idea generation and thinking models.
- Other modules like Idea Incubation (Unit 3), Motivation (Unit 4), Information (Unit 5), and Competitiveness (Unit 6) were also represented.
- Conclusion: For this session, a student’s success heavily depended on a strong understanding of PERT/CPM and WBS from the Project Management section and the fundamentals of entrepreneurship and risk mitigation from the Entrepreneurship section.
Session 2: 2022-2023
Course: Project Management and Entrepreneurship (HSMC701)
Question Mapping to Syllabus
Group-A (Very Short Answer Type Question)
- (i) What is idea management system?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Idea Management System.
- (ii) Definition of project management
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Definitions of Project and Project Management.
- (iii) If PI <1, the company __________ the proposal
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process. (PI refers to Profitability Index, a capital budgeting technique).
- (iv) Define Work breakdown structure
- Syllabus Topic: PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS).
- (v) Construction of a house is an example of __________ term project
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Definitions of Project.
- (vi) Two types of project costs
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing.
- (vii) Define Late Finish (LF)
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → Calculation of Floats and Slacks.
- (viii) __________ is one of the qualities of a prospective entrepreneur
- Syllabus Topic: ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Qualities of a prospective Entrepreneur.
- (ix) The quantity supplied __________ when the price of good rises
- Syllabus Topic: ENTREPRENEURSHIP → Unit 3: Idea Incubation → Demand-supply analysis.
- (x) What do you mean by Harvesting strategy?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Harvesting Strategies.
- (xi) As income increases the demand for normal good will __________
- Syllabus Topic: ENTREPRENEURSHIP → Unit 3: Idea Incubation → Demand-supply analysis.
- (xii) PERT is also known as __________
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
Group-B (Short Answer Type Question)
- 2. Definition of project with example
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Definitions of Project.
- 3. What is economic appraisal?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal.
- 4. What are the 5 phases of project life cycle. Draw the chart
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Project Life Cycle.
- 5. Discuss the initiation phase of a project
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Project Life Cycle → Initiation / Conceptualization Phase.
- 6. Difference between PERT and CPM
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
Group-C (Long Answer Type Question)
- 7. (a) Company C is planning to undertake a project requiring initial investment of $105 million… Calculate the payback period… (b) Company C is planning to undertake another project… Calculate the payback value…
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process.
- 8. (a) Write about Steps of innovation management (b) What is idea management system? (c) Discuss divergent and convergent system
- Syllabus Topic: (a) ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Steps of Innovation Management. (b) ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Idea Management System. (c) ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Divergent v/s Convergent Thinking.
- 9. (a) What is harvesting strategy? (b) Reasons to employ harvesting strategy?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Harvesting Strategies.
- 10. Factors determining market segment
- Syllabus Topic: ENTREPRENEURSHIP → Unit 3: Idea Incubation → Market segment.
- 11. (a) Discuss pre feasibility studies (b) Discuss feasibility studies (c) What are the contents of a detailed project report.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Pre-Feasibility and Feasibility Studies & Preparation of Detailed Project Report.
Crisp And Concise Analysis
- Overall Distribution:
- Project Management: 14 questions/sub-questions totaling 54 marks.
- Entrepreneurship: 9 questions/sub-questions totaling 36 marks.
- Key Modules from Project Management:
- Unit 2 (Feasibility Studies): This was the most dominant module in this paper, with 5 questions, including two full 15-mark questions on capital budgeting and feasibility reports.
- Unit 1 (Definitions & Life Cycle): Heavily tested with 4 questions in the short answer section.
- Unit 4 (Scheduling & Costing - PERT/CPM): Important, with 3 questions, but with less weight in the long answer section compared to the 2023-24 paper.
- Key Modules from Entrepreneurship:
- Unit 2 (Innovation): Crucial, with 4 questions including a full 15-mark question.
- Unit 3 (Idea Incubation): Had 3 questions, including a full 15-mark question on market segmentation.
- Unit 4 (Motivation): Also very important, with a full 15-mark question on Harvesting Strategy.
- Conclusion: This session placed a massive emphasis on Project Feasibility and Financial Appraisal (Capital Budgeting) from the Project Management side. For Entrepreneurship, the focus was squarely on Innovation Management, Market Segmentation, and Harvesting Strategies.
Session 3: 2024-2025
Course: Project Management and Entrepreneurship (HSMC 701)
Question Mapping to Syllabus
Group-A (Very Short Answer Type Question)
- (i) What is entrepreneurship?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 1: Introduction → Meaning and Concept of Entrepreneurship.
- (ii) What is convergent thinking?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Divergent v/s Convergent Thinking.
- (iii) What is role of incubation in entrepreneurship?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 5: Information → Incubation, acceleration.
- (iv) Write the full form of SISI.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 5: Information → Government of India’s efforts at promoting entrepreneurship and innovation – SISI…
- (v) State any two roles of entrepreneur.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 6: Closing the Window → The Changing Role of the Entrepreneur.
- (vi) What is Project Life Cycle?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Project Life Cycle.
- (vii) What is CPM?
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
- (viii) If NPV > 1, the company ________ the proposal.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process. (NPV - Net Present Value).
- (ix) What is design thinking?
- Syllabus Topic: ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Design Thinking - Driven Innovation.
- (x) Design driven innovation is a ________ approach.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Design Thinking - Driven Innovation.
- (xi) Define the term Project Management.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Definitions of Project and Project Management.
- (xii) Define Work breakdown structure.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS).
Group-B (Short Answer Type Question)
- 2. Briefly explain the steps in innovation management.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Steps of Innovation Management.
- 3. Discuss the 5 phases of project life cycle with the help of a chart.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Project Life Cycle.
- 4. Company C is planning to undertake a project… Calculate the payback period of the project.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 2: Project Feasibility Studies → Economic/Commercial/Financial Appraisal including Capital Budgeting Process.
- 5. Discuss the importance of work breakdown structure.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 3: Project Planning → Work Breakdown Structure (WBS).
- 6. Difference between PERT and CPM.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 4: Project Scheduling and Costing → CPM and PERT Analysis.
Group-C (Long Answer Type Question)
- 7. Write a note about issues and problems in project management with examples.
- Syllabus Topic: PROJECT MANAGEMENT → Unit 1: Project Management: Definitions → Issues and Problems in Project Management.
- 8. (a) What is a blue ocean strategy? (b) What are the 5 principles of design thinking. (c) Is design driven innovation a push or pull approach? -Explain.
- Syllabus Topic: (a) ENTREPRENEURSHIP → Unit 3: Idea Incubation → Blue ocean strategy. (b) & (c) ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → Design Thinking - Driven Innovation.
- 9. Discuss the qualities of a prospective entrepreneur.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 2: Entrepreneurship – An Innovation → Qualities of a prospective Entrepreneur.
- 10. Discuss various types of funding options for an entrepreneur.
- Syllabus Topic: ENTREPRENEURSHIP → Unit 5: Information → Funding new ventures – bootstrapping, crowd sourcing, angel investors.
- 11. (a) What is TRIZ? (b) Explain theory of McClelland in motivating entrepreneurs.
- Syllabus Topic: (a) & (b) ENTREPRENEURSHIP → Unit 4: Entrepreneurial Motivation → TRIZ (Theory of Inventive Problem Solving) & Achievement motivation theory of entrepreneurship – Theory of McClelland.
Crisp And Concise Analysis
- Overall Distribution: This paper shows a significant shift towards Entrepreneurship.
- Entrepreneurship: 15 questions/sub-questions totaling 55 marks.
- Project Management: 9 questions/sub-questions totaling 35 marks.
- Key Modules from Entrepreneurship:
- Unit 4 (Entrepreneurial Motivation): This was the most dominant module with 5 questions, including major portions of two 15-mark questions focusing on Design Thinking, TRIZ, and McClelland’s theory.
- Unit 2 (Innovation): Also very important, with 3 questions including a full 15-mark question.
- Unit 5 (Information): Heavily featured with 4 questions including a full 15-mark question on funding.
- Key Modules from Project Management:
- Unit 1 (Definitions & Life Cycle): Most important from this section, with 4 questions including a full 15-mark question.
- The other PM modules (Feasibility, Planning, Scheduling) were tested but with less weight compared to previous years, appearing only in shorter questions.
- Conclusion: Unlike the previous sessions, this paper was heavily skewed towards Entrepreneurship. The most critical topics were Design Thinking, TRIZ, McClelland’s Theory, Funding Options, and Qualities of an Entrepreneur. For Project Management, a solid understanding of the fundamentals and the Project Life Cycle was sufficient.
Overall Analysis
Across all sessions, the question papers are consistently balanced, drawing questions from almost every unit of the syllabus. However, some topics are far more important and carry significantly more weight than others. A clear trend shows a recent shift in focus towards the Entrepreneurship section, which dominated the latest paper (2024-2025).
Highest Priority: “Must-Do” Topics
These topics have appeared repeatedly, often as 15-mark long answer questions. Master these concepts thoroughly.
From Project Management:
-
Project Scheduling (PERT & CPM): This is the single most important topic.
- Focus on: The difference between PERT and CPM, identifying the Critical Path, calculating float/slack, and understanding concepts like dummy activities and events. Be prepared to solve numerical problems or draw network diagrams.
-
Project Feasibility & Financial Appraisal: This is a guaranteed high-marks area.
- Focus on: Capital Budgeting techniques. You absolutely must know how to calculate the Payback Period for a project, as numerical questions on this are very common. Also, understand the concepts of NPV and PI.
-
The Project Life Cycle & WBS: These are fundamental and frequently asked.
- Focus on: The definitions of a Project and Project Management, the five phases of the Project Life Cycle (be ready to draw the chart), and the definition and importance of a Work Breakdown Structure (WBS).
From Entrepreneurship:
-
Innovation & Idea Management: This is a core topic tested extensively.
- Focus on: Steps of Innovation Management, the concepts of Divergent vs. Convergent Thinking, and the qualities of a prospective entrepreneur.
-
Entrepreneurial Motivation & New Concepts: The newest paper placed a huge emphasis here.
- Focus on: McClelland’s Theory of motivation, Design Thinking, and TRIZ. These are prime topics for long questions.
-
Core Entrepreneurship Strategies: These are consistently asked in long and short questions.
- Focus on: Blue Ocean Strategy, Risk Mitigation Strategies, and Harvesting Strategies.
Second Priority: Likely to Appear
These topics appear regularly in the 5-mark short answer section and occasionally in the long answer section.
- Project Monitoring & Control: Know the definition and purpose of a Project Audit.
- Idea Incubation: Understand Market Segmentation and government support bodies like SISI.
- Funding: Be familiar with different funding options for a new venture (bootstrapping, angel investors, etc.).
- Gantt Charts (Bar Charts): Understand their definition and purpose.
Final Strategy
- Start with the “Highest Priority” list. Ensure your concepts are crystal clear and you can explain them with examples. Practice the numerical problems for Payback Period.
- Next, cover the “Second Priority” topics. These are perfect for securing marks in the short answer section.
- Pay special attention to the topics that appeared in the most recent paper (Session 4: 2024-2025), as they indicate the current focus. This includes Design Thinking, TRIZ, and Funding Options.
By focusing on these key areas, you will cover the majority of the high-value questions that are consistently asked, placing you in a strong position for your exam. Good luck
Augmented Syllabus
ENTREPRENEURSHIP
Unit 1: Introduction
- Meaning and Concept of Entrepreneurship
- Roles of the entrepreneur in society
- Innovation and entrepreneurship
- Contributions of entrepreneurs to the society
- Risk-opportunities perspective and mitigation of risks
- Risk mitigation strategies for a firm
Unit 2: Entrepreneurship – An Innovation
- Challenges of Innovation
- Steps of Innovation Management
- Idea Management System
- How various project ideas are generated
- Divergent v/s Convergent Thinking
- Qualities of a prospective Entrepreneur
Unit 3: Idea Incubation
- Factors determining competitive advantage
- Market segment and Factors determining market segmentation
- Blue ocean strategy
- Industry and Competitor Analysis (market structure, market size, growth potential)
- Demand-supply analysis
Unit 4: Entrepreneurial Motivation
- Design Thinking - Driven Innovation
- The 5 principles of design thinking
- Push vs. Pull approach in design-driven innovation
- TRIZ (Theory of Inventive Problem Solving)
- Achievement motivation theory of entrepreneurship – Theory of McClelland
- Application of motivational theories in motivating entrepreneurs
- Connecting motivation to achieving sustainable competitive advantage
- Harvesting Strategies
- Reasons to employ harvesting strategies
Unit 5: Information
- Government incentives for entrepreneurship
- Incubation, acceleration, and the role of incubation
- Funding new ventures – bootstrapping, crowd sourcing, angel investors, and other funding options
- Government of India’s efforts at promoting entrepreneurship and innovation – SISI (Small Industries Service Institute), SSI (Small Scale Industries), KVIC, DGFT, SIDBI, Defense and Railways
Unit 6: Closing the Window
- Sustaining Competitiveness
- Maintaining Competitive Advantage
- The Changing Role of the Entrepreneur
Unit 7: Applications and Project Reports Preparation
- Preparation of a detailed project report (DPR) and its contents
PROJECT MANAGEMENT
Unit 1: Project Management: Definitions
- Definitions of Project and Project Management
- Issues and Problems in Project Management
- Project Life Cycle:
- Initiation / Conceptualization Phase
- Planning Phase
- Implementation / Execution Phase
- Closure / Termination Phase
Unit 2: Project Feasibility Studies
- Pre-Feasibility and Feasibility Studies
- Preparation of Detailed Project Report
- Technical Appraisal
- Economic/Commercial/Financial Appraisal including Capital Budgeting Process
- Economic Appraisal: Definition and importance
- Specific Appraisal Techniques: Payback Period (with calculations), Net Present Value (NPV), and Profitability Index (PI)
- Social Cost Benefit Analysis
Unit 3: Project Planning
- Importance of Project Planning
- Steps of Project Planning
- Project Scope
- Work Breakdown Structure (WBS) and Organization Breakdown Structure (OBS)
- Importance and development of WBS with examples
- Phased Project Planning
Unit 4: Project Scheduling and Costing
- Gantt chart (also known as Bar Chart)
- CPM and PERT Analysis
- Key Terminology: Events, Dummy Activities, Late Finish (LF)
- Identification of the Critical Path and its Significance
- Calculation of Floats and Slacks
- Crashing
- Time Cost Trade-off Analysis
- Project Cost Reduction Methods
Unit 5: Project Monitoring and Control
- Role of Project Manager
- MIS in Project Monitoring
- Project Audit
- Post-Project Audit
Unit 6: Case Studies with Hands-on Training on MS-Project
- (As per original syllabus)
Topics Asked in PYQs But Not Explicitly in Your Syllabus
Here are a few topics that appeared in the question papers but are not directly covered in the syllabus you provided. It would be beneficial to familiarize yourself with them.
- Basic Economic Principles: Questions were asked on fundamental economic concepts like the relationship between price and quantity supplied and income and demand for a normal good. While related to market analysis, these are core microeconomics topics.
- Concept of Zero Defects: This is a quality management principle, popularized by Philip Crosby, that was asked in the context of project management but is not explicitly listed in your syllabus.
- Specific Institutional Acronyms: You were expected to know the full forms of
SISIandNSTC(National Small Industries Corporation). While SISI is mentioned, the emphasis on knowing the full form is a key takeaway.