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Describe the features of any 2 project management methodologies and mention their advantages and disadvantages.

Question One
Project managers often face ethical dilemmas. List and discuss any 4 ethical issues faced by IT project managers and how to handle those issues.
Answer2 Marks

Question Two
PRINCE2, Agile, RUP and six sigma are some of the project management methodologies. Describe the features of any 2 project management methodologies and mention their advantages and disadvantages.
Answer2 Marks

Question Three
This is a project description to develop a “course registration system”. At the beginning of each semester, students get a course catalogue containing a list of course offered along with required information such as professor, department, and prerequisites.

The system will allow students to select four course offerings for the coming semester.

Professors will be able to access the online system to indicate which courses they will be teaching. They will also need to see which students signed up for their course offerings.

Based on the above project description, suggest potential stakeholders for the project using the following table
Position
Internal / External
Project role

2 Marks

Question Four
Consider the following cash inflows and outflows related to project A and project B.

CASH INFLOWS AND OUTFLOWS (IN $ 1,000)

Project A
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Benefits
$60
$40
$55
$40
$40
$60
Costs
$120
$20
$30
$20
$15
$25

Project B
Year 1
Year 2
Year 3
Year 4
Year 5
Year 6
Benefits
$65
$90
$44
$40
$20
$20
Costs
$137
$45
$22
$20
$8
$7

For each project, calculate the NPV assuming 15% discount rate, and determine which of the two projects would you prefer? Show the detailed calculation with the formula to justify your answer.

Answer

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