Explain the importance of a project manager balancing the primary objectives of a project

Explain the importance of a project manager balancing the primary objectives of a project

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]


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