Project Management

Task 1 (40% marks) 800 words (+/- 10%)
Q1. List and explain the four (4) stages of Project Life Cycle, and discuss the importance of each
of them. (8 marks).
Q2. Describe
I. What is the scope of a project and why it is essential, and
II. How would you have defined the scope in Task 2; case study (AMEC Marine Construction) (Total 2×3=6 marks).
Q3. Using the tables below, (Project 1, 2, 3) plot out an AON project network for all three projects
and show:
I. Identification of critical path
II. Project duration (Total 2X3=6 marks)

Q4. Define the following cost appraisal methods and describe the benefits of each method
are?
I. NPV,
II. Payback and
III. IRR. (Total 3X2=6 marks)

Q5. Describe what is:
I. Risk and Risk management and
II. What are the five stages of the Risk Management process?(Total 2×3=6 marks).

Q6 I. Outline and explain what a quality audit in Project management is?
II. What is a Project evaluation and why we are conducting one?
III. Explain what the purpose of monitor a project and
IV. What is Project control? (Total 4×2=8 marks).

Project 1
Tasks Precedence Time
A – 4 days
B A 6 days
C B 3 days
D B 6 days
E C 5 days
F C 4 days
G D 2days
H F 3 days
I G 5 days
J H 3 days
K I 4 days
L J,E,K 5 days

Project 2
Tasks Precedence Time
A – 3 days
B A 5 days
C A 3 days
D B 4 days
E D 5 days
F C 4 days
G D 2 days
H F 3 days

J H 6 days
K J,E 3 days
L K,G 6 days

Project 3
Tasks Precedence Time
A – 3 days
B A 6 days
C B 3 days
D B 4 days
E C 5 days
F C 4 days
G D 6 days
H F 3 days
j H 4 days
K G,E,J 2 days

Task 2: (60% marks) 2500 words (+/- 10%)

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