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    DORNU SIMEON NGBAA
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    MBA851 April 2019

    Uploaded by

    DORNU SIMEON NGBAA

    Copyright:

    © All Rights Reserved
    Download as DOC, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as doc, pdf, or txt
    of 1

    NATIONAL OPENUNIVERSITY OF NIGERIA

    PLOT 91, CADASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI – ABUJA
    FACULTY OF MANAGEMENT SCIENCES
    DEPARTMENT OF BUSINESS ADMINISTRATION
    2019_1 EXAMINATION
    COURSE CODE: MBA851 CREDIT UNIT: 3
    COURSE TITLE: PROJECT EVALUATION
    TIME ALLOWED: 21/2 HOURS
    INSTRUCTIONS:
    1. Attempt Question One (1) and any other three (3) questions
    2. Question 1 carries 25 marks, while the other questions carry 15 marks each.
    3. Present all points in coherent and orderly manner

    1. Discuss any five (5) requirements for siting an operations facility. (25 marks)

    2. Project execution will hardly end exactly as it was planned due to various uncertainties in
    actual situation as against estimates. Explain how problems arising from uncertainties in
    project scheduling can be tackled. (15 marks)

    3. Capacity is important in any operations undertaking. If the capacity is low opportunities


    can be missed, and if it is in excess, the unused capacity adds to cost. Discuss at least five
    (5) Capacity concepts (15 marks)

    4. One of the current ways of solving the capacity problem in operations is the concept of
    external capacity. Please discuss this concept, identifying at least one (1) major advantage
    and one (1) major disadvantage. (15 marks)

    5. A project income statement is usually produced as part of the project feasibility and
    viability report. Explain the importance of this statement. (15 marks)

    6. With reference to project evaluation under the PERT model, explain the following:
    i. Critical path
    ii. Slack
    iii. Activity node
    iv. Lead time
    v. Predecessor (5 marks each = 15 marks)

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