FORMATIVE ASSESSMENT $2[100$ MARKS$]$

Read the scenario below and answer ALL questions that follow

PROJECT TASK

The office of the South African state president has been experiencing electricity interruptions due to load shedding being

administered by Eskom. Our president has requested that a backup electrical system be installed in the building so as to

provide electricity especially during load shedding. When the back$-$up system is installed, our state presidents office will

have electricity $24$ hours a day including during load shedding and any electricity interruptions times. As a project manager

at our presidents office, you have been tasked to manage the back$-$up project end to end. Your mandate as a project

manager, amongst others, is to ensure that the risks associated with the project is managed well so as to deliver the project

within time, budget, resources and quality.

QUESTION $3(20$ Marks$)$

Apply the project risk management principles to the project, in order to mitigate against the associated risks.

Discuss the mitigation against the

associated risks

QUESTION $4.$

Analyse the benefits of implementing

project risk management that may be

derived for the project.

Analyse the benefits of implementing

project risk management

Apply the theory to the project