INF3708 Software Project Management

Cost-benefit evaluation techniques Formula for ROI Example of using ROI ROI for a project with net profit of R50k over a 5 year period Average annual profit: 50 000 / 5 = 10 000 Annual profit = R10k and a total investment of R100k ROI = 10 000 / 100 000 *100 = 10%   Discount factor t = the number of years into the future that the cash flow occurs r = the discount rate (annual rate by which future earnings are discounted) PV: Present value of a future cash flow NPV: Net present ...

Part 2 of 3 - Multiple Choice Questions Question 1 of 25 1.0 Points Which knowledge area involves defining and managing all the work required to complete the project successfully?  A. Project resource management  B. Project scope management  C. Project time management  D. Project cost management Reset Selection Question 2 of 25 1.0 Points What actions result in improvements in project performance?  A. Corrective  B. Defective  C. Preventive INF3708-Que...

Look at the past uploaded exam papers for questions structures samples. The structures are similar to the assignments done in the semester work. General: Basic concepts and definitions (5 Marks) This question consists of five multiple choice sub-questions Marks are awarded according to the number of correct answers provided by the student. 1. The basis of successful project management is: 1. Identifying the project stake holder’s objectives 2. Ensuring that these objectives are met 3. ...

Question 1 Define the following terms in the context of Software Project Management 1.1 Project Specific plan or design or planne dundertaking 1.2 Planning Composition of project scope where normally an outline plan for project is detailed This may include: Work/Product Breakdown Standards Risk Management 1.3 Net Profit Difference between net cost and total income of project over the life of the project 1.4 Payback Period Time taken to break even or pay back the initial investment N...