QUESTION $2$

$(20$ Marks$)$

The supervisor feels that something must be done about this scope creep $-$ continually changing scope. Discuss scope and scope creep. Investigate the reasons for scope creep in the eBook project.

SECTION B

$[60$ MARKS$]$

Answer ALL the questions in this section.

Important note: Questions that require diagrams can be answered on a Word document and submitted as a file upload on MANCOSA Connect. Ensure that your answers are clearly labelled.

QUESTION $3$

$(40$ Marks$)$

VP Manufacturers is considering renovating their offices at their Durban head office.

$3\mathrm{.}1$ Use the generated information to calculate the NPV of the project, to decide whether to go ahead with

$(20$ Marks$)$

the project.

$\backslash$table$[[$Investment required,R$200000],[$Expected economic lifetime,$5$ years.$],[$Minimum required rate of return,$10\%$