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QUESTION 1
(a) The word "Project" is very often used and most often misused in today's context. Clarify the term "Project" and explain how projects are different from operations
(b) What are the main attributes of a Project Life Cycle? Use any particular project that you are aware of to support your answer
(c) To what extent will you attribute the success of a project to the aptitude and skills of the project manager?
QUESTION 2
(a) What are the activities that are related to the Management of Project Execution?
(b) Monitoring is an aspect of Project Management performed throughout the Project. What are the factors that influence the monitoring and control of project work?
QUESTION 3
As a project Manager what are the tools and techniques that you can consider available to you to estimate activity duration for any particular project. Give a fully detailed answer
QUESTION 4
(a) What is WBS?
(b) Give some characteristics of a WBS
(c) Give an example of a WBS. What could be the major benefits that a WBS could bring to a Project Manager?
Analysis of the overall project risk
Evaluate the usefulness of ROCE
Prepare a "Monthly Profit Report", Create this report using the results of your ABC overhead allocation.
You are the project manager of a leading textile engineering company. The company opened its door in year 2000. Today, after 13 years of existence, it is being challenged with a loss in profitability approximating a 65% loss in net revenue
Criticism of traditional measures of performance
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Create a project schedule and align resources, Analyze project schedule and resource allocation
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Reviewing the balanced scorecard approach of Youngblood and Collins.
Describe the features or characteristics of your product or service.
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain- (i) The expectancy theory of motivation (ii) The equity theorem
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