Economics

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The University of the South Pacific
Serving the Cook Islands, Fiji, Kiribati, Marsh completely Islands, Nauru, Niue, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu, and Vanuatu.

GRADUATE work OF BUSINESS

MBA 430: Project Management

FINAL EXAMINATION TRIMESTER 3, 2010

Time Allowed 3 hours

(40% of net grade)

INSTRUCTIONS

1. This exam is a closed-book examination.
2. This exam has ten questions:
3. Answer all questions in section A
4. Answer only two questions in section B
5.
Question 1: 10 marks
Question 2: 10 marks
Question 3: 10 marks
Question 4: 10 marks
Choice: 10 marks
Choice: 10 marks
do: 60 marks (= 40%)
6. Write your processs in the answer booklet provided. Start a new page for distributively question.
7. This exam is worth 40% of your overall mark.

Part A - Answer all questions (10 marks per question)

1. Why, if there is a aim to overestimate activity durations, and add safety to the end of a vomit, do so many projects come in toilet schedule? List and explain four reasons.
(10 marks)

a.



Lacking lead acumen
hapless planning
Poor decision making
Teamwork
b. Poor communication channels
Poor coordination
Balanced & effective communication

c. Insufficient stakeholder management
Negotiations & commitments
Managing variations
Understanding stakeholders

d. Poor hazard management
Risk identification
Risk assessments
Risk chemical reaction development
Risk response control

2. Explain at least three benefits associated with using the arranged framework or the design and monitoring framework during project design and planning.
(10 marks)

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