Larson and Gray (2021) contend that multiple competing projects, limited skilled resources, dispersed virtual teams, time pressures and limited capital serve as forces for the emergence of project portfolio management that provides the infrastructure for managing multiple projects and linking business strategy with project selection.

Van der Walt and Fox (2016) suggest that implementing organisational strategy through project management can be very beneficial for an organisation. However, in may organisations there are going to be more potential projects or proposals than the capacity of organisational resources. Specific selection criteria are required to ensure alignment with organisational strategy. In addition, the strategic value of a proposed project must be determined before it can be considered for implementation.

With reference to the above:

1.1 Discuss the benefits of aligning projects with organisational strategy, indicating in your answer how such alignment can be achieved.

1.2 Describe the project selection process and discuss how the strategic value of a proposed project can be ascertained.

QUESTION TWO [21]

2.1 The project life cycle illustrates the unique nature of project work. The project life cycle typically passes sequentially through four stages.

With reference to this, describe each stage of the project life cycle focussing on the salient activities in each stage.

2.2 Explain, using appropriate examples, the triple constraints that bind projects.

QUESTION THREE

3.1 Clearly distinguish between the project scope document and the project statement of work (SOW) in terms of the content of each.

3.2 Scope creep is defined by Larson and Gray (2021) as the tendency for the project scope to extend over time.

Discuss the causes of scope creep and explain why scope creep is regarded as undesirable.

QUESTION FOUR

4.1 Discuss the importance of Change Control Management on projects by focusing on the following headings:

• The purpose of change management systems as they apply to the project baseline.

• The benefits derived from change control systems.

4.2 Evaluate Agile Project Management methodology showing how it is different from traditional Project Management

Answer rating: 100% (QA)

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