Question: Question 2 (a) Define what is meant by managing the trade-offs in project management terms. Explain your answer with an example. (6 marks) (b) Given
Question 2
(a) Define what is meant by managing the trade-offs in project management terms.
Explain your answer with an example. (6 marks)
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(b) Given a situation where resources are adequate but demand is varied, answer the following questions:
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(i) Select THREE (3) most appropriate approaches to schedule resources. (3 marks)
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(ii) Describe and illustrate each approach with a valid example. (15 marks)
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(c) Differentiate between a time-constrained project and a resource-constrained
project.
(6 marks)
Question 3 (a) Define scope creep. Apply any THREE (3) approaches a project manager can use to manage scope creep. (b) Define Earned Value Analysis (EVA), and demonstrate its usefulness to a project manager. (10 marks)
(c) Your project has an Earned Value of 1200, Actual Cost of 1100 and Planned Value of 1000. The project sponsor wants an update from you on the project. Based on the given values, discuss the FIVE (5) main points to share with your project sponsor. (10 marks)
Question 4
You are the project manager of Project APIGEE, which consists of a projectised structure team to build a three-storeyed annex to a school. This project would conclude in two months time.
(a) Implementing a projects closure include six activities. List any FIVE (5) of these activities. (5 marks)
(b) Explain the five activities from (a) and illustrate each with a relevant example. (15 marks)
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