April
1999 QUESTION 1 (Compulsory) Total Marks: 20 Marks |
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(a) | (i) One of the main aims of project management is to ensure that projects do not fail. What does it mean when we say a project has failed? | [3] |
(ii) We can reduce the failure rate in projects
by defining a minimum set of deliverables. What are the three important purposes
of these deliverables?
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[3] | |
(b) | The two concepts of information and
risk in project management are very closely linked. Explain why this is the case.
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[2] |
(c) | It is sometimes the case that, as a result of a
downsizing exercise, employees are released from a company and then re-hired as
contractors. List the advantages and disadvantages of this practice, both to the company
and to the employees.
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[4] |
(d) | Identify three strengths and two weaknesses
of prototyping.
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[5] |
(e) | It is sometimes said that the last 10% of a project takes 50% of the effort. Do you agree that this is the case? Explain your reasons. | [3] |