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Question 1: Identify the four formulas for the following cost variation calculations and give a brief description of their usage: o Schedule variance o Schedule performance index o Cost variance o Cost performance index. Question 2: You have carried ...

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Activity 1C Question 1: Based on case study A and B, identify one direct cost and one indirect cost of the project. Question 2: Complete the following risk assessment with two potential risks of the project: Risk Level ...

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1. List five budgeting processes that should be standardised in workplace budgeting procedures. Budgeting processes i. ii. iii. iv. v. 2. Below are tools used in project budgeting processes. Explain how each tool is used in budgeting processes. Tools Explanation i. ...

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Assessment 3 Detail This assessment is designed to assess your technical skills in communicating project status effectively to different stakeholders. You are required to work individually, and you will be provided with a unique project scenario. You are required ...

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Assessment 2 Detail This assessment requires students to work individually to critically review quality and risk concept to discuss its application in a project environment and its impact on project life cycle. Student is also required to discuss about ...

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Tasks: 1 Stakeholder Analysis Write up a list of the stakeholders involved, use the Stakeholder Analysis Matrix from the lecture slides as an example. Include any relevant information (including imaginary contact details). Management would like this in a formal Blue coloured table.

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Questions Provide answers to all of the questions below: 1. Explain: • the purpose and content of an operational plan • the role of an operational plan in achieving the organisation’s objectives • the purpose and content of a contingency plan. 2. Explain the difference between ...

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Question 1 (15 mark). Create and provide a Context Diagram for the given case study. Question 2 (20 mark). Create and provide a Level 0 Data Flow Diagram (DFD). The Level 0 DFD should contain all the major high-level ...