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Set - A Marking Guide of Case Study of Project Management

The document is a marking guide for a case study on project management, outlining instructions for answering questions across three sections. Section A focuses on project development and quality management, Section B covers project life cycle and appraisal, and Section C addresses risk management and project management techniques. Each section has specific questions with marks allocated, emphasizing the importance of calculations and clear presentation.

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Azinwi Boris
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14 views3 pages

Set - A Marking Guide of Case Study of Project Management

The document is a marking guide for a case study on project management, outlining instructions for answering questions across three sections. Section A focuses on project development and quality management, Section B covers project life cycle and appraisal, and Section C addresses risk management and project management techniques. Each section has specific questions with marks allocated, emphasizing the importance of calculations and clear presentation.

Uploaded by

Azinwi Boris
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd
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Set - A Marking Guide of Case Study

of Project Management

INSTRUCTIONS:

1. Answer all questions in Section A and any two questions from Section B
and Section C.
2. Clearly number your answers as they appear in the question paper.
3. Show all calculations where necessary.
4. Write legibly and adhere to the given time constraints.

SECTION A: Problem-Solving Questions (30 Marks)

(Answer both case study questions. Each question carries 15 marks.)

1. Project Development Case:


Answer: The steps involved in project conception, planning, and scheduling
include:
○ Project Conception: Identifying the need, conducting feasibility studies,
and defining objectives.
○ Project Planning: Defining the scope, setting budgets, allocating
resources, and identifying stakeholders.
○ Project Scheduling: Using Gantt charts, Critical Path Method (CPM), and
Work Breakdown Structure (WBS) to define timelines.
2. Quality and Human Resource Management Case:
Answer: Challenges in construction projects can be mitigated by:
○ Human Resource Management: Effective recruitment, training, and
motivation of workers.
○ Quality Management: Implementing Total Quality Management (TQM),
regular inspections, and adherence to standards.

SECTION B: Problem-Solving Questions (35 Marks)

(Answer any two questions from this section. One case must be from project appraisal.
Each question carries 10 or 15 marks.)

3. Project Life Cycle Case:


Answer: The five stages include:
○ Initiation: Identifying a need for the application.
○ Planning: Defining the scope, timeline, and resources.
○ Execution: Writing and testing the code.
○ Monitoring: Tracking progress and fixing issues.
○ Closure: Deployment and review.
4. Project Scheduling Case:
Answer:
○ WBS: Breaks tasks into manageable units.
○ Responsibility Matrix: Assigns specific roles to team members.
5. Project Appraisal Case:
Answer:
○ PBP Calculation:
■ Project A: 500,000 ÷ 150,000 = 3.33 years.
■ Project B: 600,000 ÷ 180,000 = 3.33 years.
○ NPV Calculation:
■ Discounted cash flows and total present values calculated using a
discount rate.
○ IRR Calculation:
■ Rate at which NPV = 0.
○ Advice: The project with the higher NPV should be chosen.
SECTION C: Problem-Solving Questions (35 Marks)

(Answer any two questions from this section. One question must be on project
management techniques. Each question carries 10 or 15 marks.)

6. Project Risk Management Case:


Answer: The risk management cycle includes:
○ Risk Planning: Identifying objectives.
○ Risk Identification: Recognizing potential risks.
○ Risk Response: Developing mitigation strategies.
○ Risk Monitoring: Tracking identified risks.
7. Risk Analysis Case:
Answer: Types of risks include:
○ Financial Risks: Currency fluctuations.
○ Operational Risks: Equipment failure.
○ Technical Risks: Changing technology.
○ Legal Risks: Regulatory changes.
8. Project Management Techniques Case:
Answer:
○ CPM: Identifies the longest sequence of tasks.
○ PERT: Uses probabilistic time estimates.
○ Gantt Chart: Visually represents tasks over time.

END OF PAPER

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