April 1999
PM217: PROJECT MANAGEMENT

QUESTION 1 (Compulsory)

Total Marks: 20 Marks

Click here to access other questions

Click to access
SAMPLE STUDENT'S SOLUTIONS
for Question 1

 

(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?

 

[3]
(b) The two concepts of information and risk in project management are very closely linked. Explain why this is the case.

 

[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.

 

[4]
(d) Identify three strengths and two weaknesses of prototyping.

 

[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]