August 1999
PM217 : PROJECT MANAGEMENT

QUESTION 1 (Compulsory)

Total Marks: 20 Marks

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SUGGESTED SOLUTIONS
for Question 1

(a) In project management what is the objective of a feasibility study and when should it be carried out?

 

[2]
(b) List and explain three reasons why the traditional approach to the system development life cycle may be inappropriate in the modern business setting. Include in your explanation a discussion of those stages of the traditional life cycle that might not be required.

 

[6]
(c) Describe three approaches to successful human resources management.

 

[6]
(d) Explain the fifty-fifty rule.

 

[2]
(e) Explain, with the aid of examples, how modelling can be used to help in the management of risk.

 

[4]