3. Project overrun relates to a situation that occurs when the project's actual cost exceeds the initial budget. This causes a deficit in the project's financial needs and can slow or halt a project entirely. Considering this, discuss the technique that can be utilised by project managers to mitigate against project overruns by conducting monitoring and control.

4. You have been requested by a team of project managers to explain the factors that are considered influential when conducting project procurement. Your response should make use of relevant examples.

5. Highlight the strategies that should be considered by project managers when managing procurement relationships, monitoring contract performance, and making changes and corrections to and contracts