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QUESTION 1
Project managers often focus more on project needs and neglect the human resource aspect with little attention given to motivate the project teams. With short notes explain-
(i) The expectancy theory of motivation
(ii) The equity theorem
QUESTION 2
(i) Describe the bottom up approach of cost estimating. Give the advantages and disadvantages of this approach
(ii) Project cost estimation is vital in project management. Describe standard sources of estimating data
QUESTION 3
(a) Define a project and describe its characteristics
(b) A project manager is at the core of the project management process and as such must be able to develop certain skills. What are the necessary competencies of a project manager?
QUESTION 4
Describe the common tool associated with the control of quality of projects
Criticism of traditional measures of performance
Formulate a reasonable Investment Policy Statement
Analysis of the overall project risk
Questionaire on Project Management
Design an online system for the human resources department to manage available job positions.
What do you understand by the term Scheduling? Explain how the following ways for duration compression of a project can be achieved- Fast tracking Crashing
Prepare a "Monthly Profit Report", Create this report using the results of your ABC overhead allocation.
Describe the features or characteristics of your product or service.
Distribution strategy and project management
How does a project risk management approach pro-vide an early warning signal for impending problems or issues
Calculate the payoff and the profits for investments
Create a project schedule and align resources, Analyze project schedule and resource allocation
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