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PRM3701 Assignment 6 Semester 2 (705306) DUE 1 October 2024 R52,78
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PRM3701 Assignment 6 Semester 2 (705306) DUE 1 October 2024
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QUESTION 1 [15 MARKS] You have been invited to deliver a speech to young graduates about important issues in project management. To educate them properly answer the questions that follow. • Please note you will be required to do research on the questions below. • Also indicate your refere...

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  • September 22, 2024
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PRM3701

Assignment 6

Semester 2

Unique No: 705306

DUE 1 October 2024

, QUESTION 1


1.1
A project manager must expertly navigate various constraints to ensure project success.
Five critical constraints are:
1. Scope: This refers to the detailed set of deliverables or features of a project. The
project manager must balance stakeholder expectations with the defined project
scope to prevent scope creep, which can lead to project delays and increased costs.
2. Time: Time constraints establish the schedule for project completion. A project
manager must effectively manage timelines, set realistic deadlines, and ensure that
the project is progressing according to the established schedule.
3. Quality: Maintaining the quality of project deliverables is essential. The project
manager must implement quality control processes and ensure that the project
meets the established quality standards without compromising on time and cost.
4. Resources: This includes human resources, equipment, and materials required for
the project. The project manager must allocate resources effectively while
considering their availability, capability, and the overall impact on project delivery.
5. Risk: Every project has uncertainties and potential risks. The project manager must
identify, assess, and engage in risk management strategies to minimize the impact
of negative events on the project's success.


References:
• Project Management Institute (PMI). (2021). A Guide to the Project Management
Body of Knowledge (PMBOK® Guide), 7th edition.
• Kerzner, H. (2017). Project Management: A Systems Approach to Planning,
Scheduling, and Control (12th edition).


1.2


1. Initiation Phase:
o Defining the Project Goals: Establishing clear objectives and identifying
project deliverables.
o Feasibility Study: Conducting an analysis to evaluate if the project is viable
and worth pursuing.
2. Planning Phase:

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