1. Describe the important phases of a project life cycle. What are the outlines of opportunity studies in project management? How do these impact project feasibility studies?
2. “Doubled Project Report (DPR) forms the foundation on which the entire superstructure of the project is built – if it is weak, project cannot weather the turbulent times ahead.” Bring out the do‟s and don‟ts of a good DPR.
3. What should be the decision criteria for selecting a suitable method for demand forecasting? Discuss the various methods of economic analysis of project from societal viewpoint.
4. “Meticulous Management of activities on the critical path is crucial to completing projects on time.” How can we „beat‟ the critical path and improve our on-time performance?
5. Explain the importance of „project review‟ in the context of control of a project. How are cybernetics concepts applied to project management?
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