Question: Question 1 (10 Marks) On average, projects with budgets above US $1 billion, commonly referred to as megaprojects in the industry, are delivered one year
Question 1 (10 Marks) On average, projects with budgets above US $1 billion, commonly referred to as megaprojects in the industry, are delivered one year behind schedule, and run 30 percent over budget. With reference to the statement provided, discuss the reasons why megaprojects are often delivered late and over-budget. Question 2 (10 Marks) Extraordinary projects have been executed through millennia. Think of the scope of project management required to build the Pyramids of Giza, the Great Wall of China, and the cathedrals of Europe or more recently, the development of the worlds transport, energy, space, military, and science infrastructure. With reference to mega projects, discuss the benefits associated to project resource management. Question 3 (10 Marks) Discuss the significance of the Work Breakdown Structure (WBS) in managing mega projects. Your response should make use of relevant examples.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
