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List and explain the four (4) stages of Project Life Cycle, and discuss the importance of each of them.

Q1. List and explain the four (4) stages of Project Life Cycle, and discuss the importance of each
of them. (8 marks).
Q2. Describe
What is the scope of a project and why it is essential, and
How would you have defined the scope in Task 2; case study (AMEC Marine Construction) (Total 2×3=6 marks).
Q3. Using the tables below, (Project 1, 2, 3) plot out an AON project network for all three projects
and show:
Identification of critical path
Project duration (Total 2X3=6 marks)

Q4. Define the following cost appraisal methods and describe the benefits of each method
are?
NPV,
Payback and
IRR. (Total 3X2=6 marks)

Q5. Describe what is:
Risk and Risk management
What are the five stages of the Risk Management process?(Total 2×3=6 marks).

Q6 I. Outline and explain what a quality audit in Project management is?
II. What is a Project evaluation and why we are conducting one?
III. Explain what the purpose of monitor a project and
IV. What is Project control? (Total 4×2=8 marks).

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