Question 1: Project Management PMBOK Principles, Integration and Scope Management - (20 Marks) a. Based on the 6th Edition of PMBOK Guide, what are the key Phases, Processes and Knowledge areas required for managing a Project effectively? Briefly explain these Phases and Processes suing a graphical interpretation (1+1+2+2 marks) b. Briefly explain the term Integration Management in managing Projects (2 marks) C. State 4 (four) factors considered when defining the scope of a Project (4 marks) d. Briefly describe the importance of the Scope Control process, its elements and outputs to manage a project successfully (2 + 2 + 4 marks) + Question 2: Project Manager and Risk Management - (20 Marks) You as a Project Manager have just received a preliminary scope statement for a Vessel Engineering project. You are now brainstorming the potential risks associated with the project to prepare a Project Charter. The scope of the project is to build a Two Level Vessel (Cruise/Ferry) with free Internet facilities for customers. The Project has to be fully commissioned and in operation within 8 months. The allocated project budget is $1 million for all hardware, materials, labour charges and contingencies. a. Assume that you are employed as a Project Manager in this organization. Briefly explain the interpersonal skills you would need to execute your role in this Project. (5 marks) b. Briefly describe the risk management processes based on the PMBOK Guide. (5 marks) C. Identify and state five potential risks (excluding schedule and cost risks) associated with this project during the initiation phase and prepare a risk mitigation plan for these risks. (10 marks)