5. a) List and then briefly explain the four (4) main criteria for assessing the

Question

5. a) List and then briefly explain the four (4) main criteria for assessing the success of a project (8 pts)

b) As a project manager you will frequently receive several different types of reports and other recorded information to help you control the progress of a project. Suppose your project is falling behind schedule and you need to identify the main reason for the delay, explain which reports, or other information, you might use to identify each of the following possible reasons: i) Staff who are intended to be working full-time on the project are sometimes taken off to help resolve emergencie situations on other projects. (6 pts.)

ii) The original estimates of development times were too low (6 pts.)

iii) The project scope has been extended to meet additional users’ requests. (6 pts.)

6. a) Describe four techniques a project manager could use to identify risks. (12 pts.)

b) Explain the difference between a project risk and a business risk (6 pts.)

Explanation / Answer

5.a)List and then briefly explain the four (4) main criteria for assessing the success of a project:

Hence , these are the majot criterias for the success of the projects.

5.b.)As a project manager you will frequently receive several different types of reports and other recorded information to help you control the progress of a project. Suppose your project is falling behind schedule and you need to identify the main reason for the delay, explain which reports, or other information, you might use to identify each of the following possible reasons: i) Staff who are intended to be working full-time on the project are sometimes taken off to help resolve emergencie situations on other projects ii) The original estimates of development times were too low.iii) The project scope has been extended to meet additional users’ requests:

Hence, these are some of the reprots which must be considered when the project has slow down and elsewhere.

6. a) Describe four techniques a project manager could use to identify risks.

The techniques to identify risks in the project are as follows:

Hence, these are some of the techniques that are used to identify the risks in the project by the project manager.

6.b) Explain the difference between a project risk and a business risk:

Hence, these are the differences between the project risk and the business risk.

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