request to answer the question

subject: project management and techniques

SECTION 2: Refer to the following case study project to answer the following questions. Case Study: Abalone Farm Extension Project A farmer wants to expand his abalone farm. He has a team of executives to strategise and hires a designing company to design this new farm. He needs to breed another 5000 abalone. The construction amounts to R500 000 to R650 000 that includes additional security fencing and special water filtration systems. He also needs to convince his sponsors an investment company that has a diversified interest in the agricultural industry. Thereafter his operational costs for feeding, cleaning and hygiene control amounts to R40000 per month. It takes 7 months for the project to be handed over. He is also selling canned products locally and breaks even only approximately 2 and a half years later. 5 a) Subdivide the project into a number of phases that represent a logical subdivision of the work to produce different deliverables (10) b) Plot the level of effort against the project life cycle providing reasons for trends (15) c) Indicate and explain how the cost of changing different aspects of the chosen project will vary as the project progresses along the project life cycle (10) d) Plot and discuss the projects' life cycle costing (15)