Assignment 2
Semester 2 2025
Due October 2025
, PRM3701
Assignment 2
Semester 2 2025
Due October 2025
Question 1
1.1 What are the key factors for successful project management?
1. Clear Objectives and Scope – A well-defined scope ensures that goals and
deliverables are unambiguous, preventing scope creep and confusion (Kerzner,
2017).
2. Effective Communication – Open, timely, and structured communication keeps
stakeholders aligned and reduces misunderstandings (Turner, 2016).
3. Resource Allocation and Competency – Adequate financial, human, and
technological resources, combined with skilled personnel, ensure efficient project
execution (PMI, 2021).
4. Stakeholder Engagement – Active involvement of stakeholders throughout the
project lifecycle encourages ownership and minimizes resistance (Bourne, 2015).
5. Risk Management and Monitoring – Anticipating risks and monitoring them
throughout the project strengthens resilience and adaptability (Hillson, 2017).