POLYTECHNIC OF NAMIBIA

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1 ... POLYTECHNIC OF NMII SCHOOL OF MNGEMENT SCIENCES DEPRTMENT OF MNGEMENT CHELOR OF USINESS DMINISTRTION PROJECT MNGEMENT 21D SUJECT CODE: PRM422S (UNDERGRDUTE) DTE: NOVEMER 2014 DURTION: 3 Hours MRKS: Maximum 100 EXMINERS: MODERTOR: Mr. J. V. Olu Ojo Rainer Ritter znd OPPORTUNITY EXMINTION QUESTION PPER (This paper consists of 5 pages including the front page) INSTRUCTIONS 1. Read through all question papers and instructions before you start. 2. This examination paper consists of two sections. nswer all questions. 3. nswer all questions in the provided answer booklets/sheets 4. Read through your answers to ensure that you are answering the right questions. PRM422S Logistics and Supply Chain Management Students' znct Opportunity Examination Paper November 2014

2 cc Section : I 1. Phase exits or Stage gates are..... a. Exit of project team members b. riefing of Top Management Team about a project c. a+ b d. End of phase reviews 2. Project Life Cycle is used to.... a. Guide the level of contingency needed for a project b. Integrate activities c. Communicate project achievements d. a+ b 3. How projects should be delivered to meet strategic objective is: a. Issues Management b. Improvement of relationships and teamwork c. Performance Management d. Strategic Management 4. Work reakdown Structure does not help to do one of the following: a. indicate how schedules and costs will be managed b. give visibility to important or risky work efforts c. allow mapping of requirements and deliverables d. foster ownership e. produce key performance indices 5. Gantt Charts will usually show: a. ctivities or tasks to be perfonmed; duration of task and project completion b. ar charts of project risks c. Charts of tasks on critical path d. a+ c 6. t the end of a project, the earliest finish time is equal to..... a. Earliest start b. Latest start c. Latest finish d. Earliest start+ Latest finish 2

3 M セ M --" " -ce_ ll of the above "" " " """ " " " "" - - " " -- " 7_ The Critical Path shows the.... a. Critical employees required for the project b. Tasks that are critical for the project c. Tasks that have no slack time d. b + c e. a+ b + c 8. Project Management is dependent on three variables.... a. Cost, Time, Quality b. Cost, Resources, Planning c. Strategy, Scheduling, Scorecard d. None of the above 9. One ofthe following is not required for integration into Project.... a. The project must be integrated with the ongoing operations of the performing organization b. Product scope and project scope must be integrated c. Deliverables from different functional specialties must be integrated d. Project risks and size of project team 10. The outputs from project initiation are: a. the project charter b. the product description c. list of assumptions and constraints d. the appointment of a project manager (Total mark for Section questions is 20 marks) 3

4 Section 8 Question 1 Discuss the Project Management Dilemma, illustrate how this dilemma can be resolved through the use of stakeholder cycle and give examples where relevant. (20 marks) Question 2 カ MGMG セオ N &lllf(qn60 UILDING CONSTRUCTION COMPNY schedule was developed for a project to do some installations in a factory building. The project is a rush job and the contractor has agreed to schedule the work on a single shift basis but will work seven days per week until the job is done. The project is to begin on May 1 ctivity c D E F G H Description uildino of Internal components ModifY roof and floor Construct Collection stack Pour concrete and install Frame uild hioh-temperature burner Install Pollution control svstem Install air pollution device Inspect and Test Immediate Predecessors D E F, G a. Use the above activities to develop an ON network diagram b. With the following activity durations: i. = 1wk 11. = 3wks iii. C = 3wks iv. D = 2wks v. E = 7wks VI. F = 4wks vii. G = 4wks viii. H = 5wks Calculate the Earliest Start (ES), Latest Start (LS), Earliest Finish (EF) and Latest Finish (LF) and insert in your network diagram. c. Compute the slack or free time for all activities d. Illustrate the critical path for the activities. 4

5 ' ' e, What date of the month can the project be completed at the earliest? f What date of the month can the project be completed at the latest? g, Which date and month will be the earliest start for activity D h, Which date and month will be the earliest finish for activity D L Which date and month will be the latest start for activity G J- Which date and month will be the latest finish for activity G (40 marks) Question 3 For the following threats, develop the risk analysis matrix (risk analysis table) which includes at the top of the table the columns "Threat", "Likelihood" and "Impact", For every threat, mark an X to indicate whether the Likelihood and Impact of occurrence is low, medium or high, The threats are: "Inadequate funding" "Lack of technical skills in client business unit" "Natural disaster" (20 marks).-.y