QUESTION 1 1.1 In reference to the events highlighted in the case study, critically discuss the impacts of project risks, and provide relevant recommendations to the ACME Fabricators Board of Directors on how they should conduct risk management in their future projects. Your response should refer to relevant examples. (20 marks) 1.2 As discussed in the case study, it is important that before a project is executed a clear project management plan is drafted. In the context of the ACME Fabricators project, discuss the significance of a project management plan.

Read the case study below and answer ALL the questions that follow. suggested that the peoject manager make the savings somewhere else from within the project. This was agreed but not documented. By the end of January the landscaping sibe works were frished and the imigaton syshem was instaled. Planting was to be done in three phases - shrubs, bushes and small trees first, then larger trees and finaly the lawn. Strub planting would take approximately 4 days, trees 7 days and the lawn would be laid in thee separate operafions over 2 days. On the first day after the planting commenced, some of the projectieam noticed a few small plants seemed bo be missing or broken of. These were quiddy replaced. Wthin the fist 3 days ater the last planifny