Question 1 (25 Marks] There are three universal characteristics that feature prominently in all projects. The first universal characteristic is that every project is unique. This implies that no two projects are similar. We notice that the Liptcn Canada project 1.vas indeed a unique project with various chattenges. Critically discuss the characteristics of projects and ctearty relate the uniqueness of the Liptcn Canada project. Question 2 (25 Marks] Most projects proceed through a sequence of phases [stages] from conception (origin) to completion. Collectively, these phases matte up the project rlife cycle\". It may be seen that there are three distinct points slow start, quick momentum and slcviI nish. Discuss the iifecycle cf the Liptcn Canada project clearly discussing the different phases. Use gures to enhance your presentation. Question 3 {25 Marks] Risk is the effect of uncertainty that prejudices the successful achievement of the project outcome, by adversely impacting on cost, time, or functional objectives. We have learnt that the Lipton Canada project faced various risks. Identifying risks during project selection is critical as it helps to choose risk free projects