Diploma Of Business BSBPMG430 Undertake Project Work

Case Study

Question 1 Why is gathering requirements important in project management? Identify and comment 5 reasons.

Question 2 What are the benefits of Quality Assurance over Quality Control?

Question 3 Schedule compression activity. Describe two techniques could be applied to compress a project schedule. Clearly identify their applicability requisites.

Question 4 The project Control Change Process could require two approval points. Explain the reason for this approach.

Question 5 What is the difference between residual risk and risk contingency?

Question 6 A project expected duration is 12 months and the current budget (BAC) is 240.000$. The planned value profile for this project is linear (spending is the same month after month). After seven months the project figures are: CPI=0.9, SPI=0.95. Calculate the project Actual Cost (AC) after 7 months.