Question: 2019 1St Opp LMP QUESTION 1. 1.1 Define Project Management and why it is important in the 4 industrial revolution to achieve organisational goals and

2019 1St Opp LMP

QUESTION 1.

1.1 Define Project Management and why it is important in the 4 industrial revolution to achieve organisational goals and objectives. (10).

1.2 Portfolio Management is very helpful to a project-based institution, discuss the importance of a portfolio management. (15) [25].

QUESTION 2.

2.1 There are five group processes also believed to be known as the project life-cycle, critically analyse the project life-cycle and its relevance to project management. (15).

2.2 Project Scope is said to be critical in project management, briefly explain the importance of project scope in project management. (10) [25] .

QUESTION 3

In Project Management the involvement of stakeholders is inevitable, all projects have stakeholders, define stakeholder management and discuss the process of stakeholder management and finally briefly outline the content of a stakeholder management plan. [25].

QUESTION 4.

According to the characteristics of a project, it is said that a project should have a primary sponsor. Analyse with relevant examples the responsibilities and qualities of a great sponsor. [25].

QUESTION 5.

You are the newly appointed coordinator of projects in your company and this was influenced by your expertise in project management, write an explanatory note on issues of project control, monitoring and evaluation and cite relevant examples to support your argument. [25]

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