Project Management IV POM400 Assignment 2025 Passed STADIO

Mandy Claudelle Jeggels
Student Number: 2543 6900


Project Management IV

POM400
Due Date: 22 September 2025

,Table of Contents Page


Introduction ……………………………………………………………………….3


Question 1
1.1 ………………………………………………………………………………….4
1.2 ………………………………………………………………………………….8


Question 2
2.1 ………………………………………………………………………………….11
2.2 ………………………………………………………………………………….14


Question 3
3.1 …………………………………………………………………………………16
3.2 …………………………………………………………………………………17
3.3 …………………………………………………………………………………17
3.4 …………………………………………………………………………………20


Conclusion ……………………………………………………………………….23


List of References ……………………………………………………………….24

, Introduction
The success of a new project often begins with a clear Request for Proposal (RFP), a
formal document used to invite vendors to submit solutions based on defined
requirements. While an RFP outlines what the client needs, a proposal is the vendor’s
tailored response. Despite a structured start, new projects carry risks such as budget
overruns and delays. To manage these, project managers track cost variance (CV),
schedule variance (SV), and calculate the Cost Performance Index (CPI) to evaluate
budget efficiency. This assignment explores these key elements in effective project
planning and control.




P a g e |3