Topic: Quality and Risk Management

Question One

As an expert in Project Time and Cost Management, you have been approached by the government to deliver a talk to procurement officers from all the 47 Counties and from the national government on how to make realistic budget estimates in order to avoid the exaggerated figures that have caused public uproar and also scandalized our country worldwide. Highlight on the following areas:

a) Analogous estimating (10 Marks)

b) Parametric estimating (10 Marks)

c) Bottom-up estimating (10 Marks)

Question Two

Equity bank intends to roll out a massive campaign of its Equitel Mobile Services. You have been appointed to manage schedule control in the organization. Discuss the different types of reporting you will be dealing with. (15 Marks)