ademic In
Ac sti
te
tu
Eli
te
he
de
W
re a
G ra eM
d u a te s Ar
Educating the world for a better change
,Elite Academic Institute 068 053 513 262 1185
WARNING: PLEASE NOTE THAT PLAGIARISM IS A SERIOUS ACADEMIC
OFFENSE, therefore, the documents provided here including past assignments, tests
and notes are intended SOLELY for educational purposes and as a guide to help
students understand academic concepts and improve their writing skills. These
materials should not be submitted as final work, as doing so may constitute academic
dishonesty. Students are encouraged to use them as reference points, develop their
own understanding and produce original work that reflects their knowledge and critical
thinking. Students are also encouraged to regenerate their own (personalized)
solutions paying particular attention to module contents as prescribed by module
facilitators, lecturers and supervisors. If this document is plagiarized by the users and
fails, ELITE ACADEMIC INSTITUTE should not be rendered accountable since the
contents in this document only give learners a kick-start on what is expected of them
from their areas of specialty.
CAUTION: STUDENTS ARE NOT MANDATED TO USE ALL THE INFORMATION IN
THIS DOCUMENT IN WRITING THEIR ASSIGNMENTS
Educating the world for a better change
, Elite Academic Institute 068 053 513 262 1185
Question 1 (15 Marks)
1.1 Identify the key factors for successful project management? (5 Marks)
Clear Scope Definition Defining the project scope sets the stage for developing a
project plan. Research shows that a poorly defined scope or mission is the most
frequently mentioned barrier to project success (Buye, 2021). There is a strong
correlation between project success and clear scope definition. The scope describes
exactly what is expected to be delivered to the customer and serves as the basis for
project planning (Heagney, 2016). Key elements of a scope statement include the
project objective, deliverables, milestones, technical requirements, and limits and
exclusions. A review with the customer to understand and agree on expectations is
also crucial. The absence of a clearly defined project plan consistently shows up as a
major reason for project failures.
Establishing Project Priorities (Time, Cost, Performance/Scope): Quality and
ultimate project success are traditionally defined as meeting or exceeding customer
and/or upper management expectations in terms of cost, time, and performance
(scope) according to Levitt (2011). Managing the trade-offs among time, cost, and
performance is one of the primary jobs of a project manager. To do this, project
managers must define and understand the nature of the project priorities and have a
candid discussion with the project customer and upper management to establish their
relative importance. Compliance with these TCP (Time, Cost, Performance) criteria is
a measure of project success.
Effective Planning Success begins with a good plan. Developing the project scope
sets the stage for this plan. Accurate estimates of project times and costs are the
foundation for project planning and control. Traditional project management
approaches concentrate firmly on thorough planning up front. This includes defining
every detail through a Work Breakdown Structure (WBS), identifying problems and
risks before the project begins, making estimates, assigning resources, and creating
a baseline schedule and budget.
Effective Project Control: The project control process involves measuring
performance, evaluating it, and reporting on project performance. It helps keep project
Educating the world for a better change