December 1998
PM217: PROJECT MANAGEMENT

QUESTION 1 (Compulsory)

Total Marks: 20 Marks

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SUGGESTED SOLUTIONS
for Question 1

1. (a) Explain why the following five factors might lead to poor cost estimation: [5]
(i) inexperienced guessers
(ii) bad technical guesses
(iii) changes to the project
(iv) psychological factors
(v) lowballing

 

(b) List the six rules associated with the structured walkthrough technique.

 

[6]
(c) Describe the main characteristics of a self-managed team and explain why this team structure can sometime lead to dramatic improvements in team performance.

 

[5]
(d) A key aspect of maintaining customer satisfaction is determining what the customers’ expectations are. List four commonly occurring customer expectations. [4]