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QUESTION
a) In the day to day operations of the organisation daily activities are carried. Project management activities are also carried out in a planned manner. List the distinguishing characteristics of a project?
b) Project management faces a lot of risks in their implementation phase. This can be observed from the report of the Director of Audit. What are the consequences of four types of risk?
c) During project management meetings, there are two common terms, among others, that are used frequently namely (1) gates and (2) milestones. Explain what you understand by the term (1) gates and (2) milestones
d) You can read from the press and other sources that the intended benefits of projects did not materialise due to various reasons. Explain what are the reasons projects fail to deliver the expected benefits?
e) In this IT era managing huge projects is greatly facilitated by the use of appropriate tools, such as the planning and control of the project will be assisted through the use of appropriate software. Explain the steps that you would follow to choose a project management software
In the growth stage of a product's life cycle, a typical operations strategy would be: Increasing capacity. Short production runs. Cost minimization.
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