Question: SECTION C: ANSWER TWO 1a. Define Project Management? Elaborate on four (4) key features that characterizes a project [10 marks] 1b. Define Risk Management and

SECTION C: ANSWER TWO 1a. Define Project

SECTION C: ANSWER TWO 1a. Define Project Management? Elaborate on four (4) key features that characterizes a project [10 marks] 1b. Define Risk Management and expatiate on the cycle of managing risks in projects (10 marks] 2a. Define Contracts Management and discuss four (4) essential elements of a contract? 110 marks] 2b Expatiate five (5) benefits of financial appraisal before the kick start of project? [10 marks] 3a Elaborate on the three major constraints that determine the success or failure of projects? (Time, Cost & performance) [10 marks] 4b Elaborate on the different types of Projects and expound on the risks that characterizes each. [10 marks]

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