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1. Write short notes on:
2. Describe the Engineering, Procurement Construction (EPC) contract.
3. Explain the different risk assessment techniques in detail.
4. Write short notes on:
5. Explain the role played by engineering advisors in project finance.
6. Explain the different types of management contracts.
4000 words.
Verified Expert
A1. Role of project sponsors: Project sponsors are people who define the objectives of a project, analyses the feasibility of the project and approve the allocation of resources for it. Project sponsors are basically from the senior management of the organization. They convince other members of the senior management to adopt and invest in the project they are sponsoring. Project sponsors are also called executive sponsors as they are responsible
Draw a project network, develop the activity schedule for the project and identify the critical path
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