DISCLAIMER: THIS IS NOT AN OFFICIAL GUIDE FROM UNISA. THE MCQ BANK
IS NOT PREPARED NOR APPROVED BY UNISA, RATHER REPRESENTS A
POSSIBLE SOLUTION TO THE TASK CONSISTENT WITH THEORY OF PROJECT
MANAGEMENT. WE BELIEVE THIS WILL BE A GOOD STARTING POINT AS IT WAS
PREPARED BY OUR TEAM OF PROFESSIONAL PRIVATE TUTORS WHO ARE
EXPERTS IN THE FIELD, AND IT WAS PREPARED USING VARIOUS SOURCES.
Risk Management Plan ........................................................................................... 6
Six key planning steps and how a work breakdown structure (WBS) can improve
project planning: .................................................................................................. 7
Define project goals and scope ............................................................................... 7
h) Inaccurate work breakdown structure (WBS): ................................................ 15
(ii) If you were starting from scratch, how would you use the Project Cost
Accounting System (PCAS) to keep the project under control? (15) ................. 16
a. Establish a comprehensive WBS: .................................................................. 16
b. Cost Estimation using Historical Data:............................................................ 16
c. Risk Management Integration:........................................................................ 16
d. Regular Cost Tracking: ................................................................................... 17
e. Change Control Process: ............................................................................... 17
f. Accurate Time Tracking: ................................................................................. 17
g. Automated Alerts: ........................................................................................... 17
h. Budget Reconciliation: .................................................................................... 17
i. Stakeholder Collaboration: ............................................................................. 17
j. Lessons Learned Repository: ......................................................................... 17
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