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NATURE
& ORGANISATION OF PROJECT MANAGEMENT
Instructions to candidates:
a) Time
allowed: Three hours (plus an extra ten minutes’ reading time at the start – do
not write anything during this time)
b)
Answer any FIVE questions
c) All
questions carry equal marks. Marks for each question are shown in [ ]
1.
Explain the importance of a project manager balancing the primary objectives of
a project. [20]
2.
Projects typically incur a range of costs. Review the main categories of costs
likely to be incurred by a project. [20]
3.
Explain the elements that typically comprise the manufacturing project cycle.
[20]
4. Analyze
the difficulties that a project manager is likely to have to deal with when
managing pure research projects. [20]
5.
Review the risks that a company might face if it fails to complete a project on
time. [20]
6.
Explain the components of the PRINCE2 methodology and review its advantages and
disadvantages as an approach to managing a project. [20]
7.
Review the advantages and disadvantages of establishing a dedicated team to
implement a project. [20]
8. Analyze
the importance of a project manager having effective communication and
organisation skills to ensure the successful delivery of a project. [20]