Question: Question 6 (20 Marks) 6.1 REQUIRED Illustrate how the knowledge and experience of project cost management process could have helped avoid the failure of the

Question 6 (20 Marks)

6.1 REQUIRED Illustrate how the knowledge and experience of project cost management process could have helped avoid the failure of the Modderfontein New City project (8 Marks)

6.2 State and explain ANY Three (3) reasons that could have led to project overrun or cost estimates rendered off target at Modderfontein New City project. (6 Marks)

6.3 Many projects fail due to failure to structure a project finance deal. Discus ANY Three (3) challenges faced by project companies when attempting to get funding from sponsors. (6 Marks)

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