Question: ( ) Reading time: 1 7 h 4 5 to 1 7 h 5 0 Working time: 1 7 h 5 0 to 1 8

()
Reading time: 17 h 45 to 17 h 50
Working time: 17 h 50 to 18 h 20
Submission Time: 18 h 20 to 18 h 25
[Part A: Total 20 Marks]
Multiple Choice [3 Questions _2 Marks per Question =6 Marks]
Half a mark per correct question: full marks are only awarded for fully substantiated
answers with well thought-out explanation or fully worked-out calculations.
QUESTION 1
1.1 In A non-governmental organisation (NGO) is considering more than a dozen infrastructure
projects. These projects, once delivered, will add to the organisation's performance but will
not contribute to any of the revenue streams. Prior to initiating any such project. The value
of the project to the organisation must be determined. Which of the following is the most
important factor to consider in such a scenario?
A. Internal Rate of Return (IRR) of the project
B. Payback Period of the Investment
C. Net Present Value (NPV) of the project
D. Alignment with Strategic Goals
1.2 Thato has received three estimates for her project activity. The optimistic estimate is 245
days, the pessimistic estimate is 269 days, and the most likely estimate is 257 days. This
specific activity is critical to the project, and your project sponsor wants to know with 95
percent certainty how long it will take to complete this activity. Which of the following do
you tell the project sponsor? (The answers are rounded to the nearest whole number).
A.265 days to 273 days
B.253 days to 261 days
C.261 days to 277 days
D.249 days to 265 days
1.3 Engineer Shezaan - the Head of Projects for a Pharmaceutical organisation has an option to
bid for two projects. Project A- has a 50% return on investment while Project B has a 20%
return on investment. Project A's scope of work is complex, and Engineer Shezaan's
organisation does not have the necessary skills and experience to do this project. However,
Project B's scope of work falls within the strengths of Engineer Shezaan's organisation.
Which project must Engineer Shezaan bid on?
A. Project A since the return on investment is the highest
B. Project B since the organisation has the required skills
C. Both - Project A and Project B, since the overall profit will be higher
D. None, as this is a conflict-of-interest situation
QUESTION 1
2.1 Its year 2047, this time in the middle of summer in a humid dense forest community in West
Africa where a new corona virus / COVID-41 surfaces. This close-knit community located in
near a small border post town between Ethiopia and Sudan along the Nile River. The Nile
River runs quietly and whispering into the rocky trail oblivious of the pain caused by this
virus strain. As a newly engaged Programme Manager for Gift of the Givers which works
closely with that community, apply your knowledge of project management to address the
questions below.
a) What value can be derived from the organisational process assets that Red Cross has,
to lessen your load and better support this community?
b) Traditional Project Management literature detects that the Body of Knowledge be
strictly applied for transparency, accountability, auditability and to ensure the project
milestones are met. From your understanding of flexibility in modern project
management approaches, how best can you apply project management knowledge to
serve this community faster as required and is necessary.
c) What value can be derived from these two (2) tools or items to aid this Programme
Manager?
i. Project Management Information Systems (PMIS)
ii. Lessons Learnt
Hint: explain in context as per the introduction to these questions.
2.2 From your knowledge of Earned valued Management (EVM), what is your understanding of
Cost Variance and what does it mean to have a Cost Variance that is negative (-). Further to
this when evaluating a work package with a negative Cost Variance - what two types of
activities should you focus on and why?
Total (14 Marks)
[Total Marks for Part A=6+14=20 Marks]
Part B_questions 3 and 4 commences at 18 h 30
Completing / submitting this Part (Part A) in full makes 20% of the Assessment
HINT!
Ensure this part is submitted before or within the last 3 minutes of the cut-off time.
No late submissions are admissible.
 () Reading time: 17 h 45 to 17 h 50 Working

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