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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 FIVE questions with TWO from Section A and THREE from Section B
c) All
questions carry equal marks. Marks for each question are shown in [ ]
d)
Non-programmable calculators are permitted in this examination
SECTION A
1. a)
Identify and describe the main criteria for project selection models. [12]
b) List FOUR numeric and also FOUR
non-numeric types of project selection models. [8]
2. a)
Define the terms monitoring and controlling, in the context of project management. [10]
b) Discuss the THREE types of control that
can be exercised on projects. [10]
3.
Discuss what are commonly considered to be the THREE broad objectives of any
project. [20]
4. How can probability and
risk management assist the project manager? [20]