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PRM3701 ASSIGNMENT 06 SEMESTER 02 ANSWERS DUE 01 OCTOBER 2024

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RF3701 ASSIGNMENT 06 SEMESTER 02 ANSWERS DUE 01 OCTOBER 2024 1.1. Discuss five constraints, besides a project budget, that a project manager must balance to successfully complete a project(5 marks). 1.2. Describe each phase of the project life cycle, referring to two core activities that usually occur in each phase. (10 marks). The Department of Business Management has developed a plan for a business clinic project in the conference rooms of four selected hotels in Mamelodi Township. The workshops aim to benefit 400 small business owners, facilitated by lecturers and postgraduate students, running 8 hours a day (except weekends) during September 2017. Business skills will be developed, marketing support will be provided, and business manuals and starter packs will be distributed to attendees. The objective is to improve business management skills in a turbulent environment. Develop a project charter by explaining the elements that form part of a project charter. Thereafter, provide specific practical examples for each of these elements based on the business clinic project. As a project manager for Nando’s you must manage a project with activities and their respective durations as listed in the table below: Activity Immediate Predecessor Duration (months) A None 2 B A 4 C A 2 D B 2 E B, C 4 F A, E 6 G D 4 H D, E, F 2 I G, H 6 J H, F 6 K H, I, J 4 3.1 Construct a network diagram to analyses your project. NB: The network diagram needs to have all the values otherwise zero marks will be awarded Answer: 3.2 What is the total project duration time? (1) Answer: 3.3 Identify the critical path on your network diagram. (1) Answer: 3.4 When is the latest time that activity G must be completed in order not to experience any delays in the project? (1) Answer: 3.5 What is the earliest time that activity D can possibly be completed? (1) Answer: 3.6 What is the free float for activity E with respect to activity H? Show your calculations. (4) Answer: 3.7 What would the implication to the project duration time be if there was a delay of 2 months in completing activity F? (1) Answer: Please include a complete list of references here: Total: 60 Marks

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Publié le
27 septembre 2024
Nombre de pages
11
Écrit en
2024/2025
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PRM3701 ASSIGNMENT 06 DUE 01
OCTOBER 2024




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, QUESTION 1 [15 MARKS]


You have been invited to deliver a speech to young
graduates about important issues in project management.
To educate them properly answer the questions that
follow.
 Please note you will be required to do research on the
questions below.
 Also indicate your references

1.1. Discuss five constraints, besides a project budget, that
a project manager must balance to successfully
complete a project(5 marks).

1. Scope

Scope is one of the major regulatory factors that a project manager is
faced with in her work; it is understood as the defined goals, products,
and results that the project is set to accomplish. When not controlled or
veered into informally, scope creep the act of changing a project’s
objectives without authorization can impact other aspects of the project
if not controlled (Larson & Gray, 2018). That is why keeping the project
scope clear and avoiding project scope creep helps the project remain
on task and does not exhaust resources.


2. Time


Time concerns the project calendar, which is made up of due dates on
milestones, as well as the overall project duration. Time is highly sensitive as it
may result to costs wastage, unavailability of resources and finally, dissatisfaction
among the stakeholders (Larson & Gray, 2018). A project manager will need to
make certain that the project is on schedule, which is often done with automated
project scheduling tools, including Gantt charts and Critical Path Method (CPM).


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