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Project And Contract Management(Pscm 043) Question Paper

Project And Contract Management(Pscm 043)

Course:Accounting, Finance& Investments

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
Instructions: Answer Question ONE and any other TWO Questions.
Question One (30 Marks)
Define the term project according to project management institute (PMI).
(2 Marks)
Clearly explain the attribute of a good project?
(5 Marks)
KeMU University is considering implementing a computer based system as one of it’s project to help administer books loans at all it’s campus libraries.
Identify the stakeholders in such a project.
(5 Marks)
What might be the objectives of such project.
(5 Marks)
How might the success of such a project be assured in practical terms?

(5 Marks)
Identify EIGHT causes that can make that project fail?
(8 Marks)

Question Two
State FIVE competence of a project manager.
(5 Marks)
Define project management and explain FIVE functions of it.
(7 Marks)
Explain the responsibilities of a project manager.
(3 Marks)

Question Three (15 Marks)
Define what is;
(i) Contract management. (4 Marks)
(ii) Contract
Four element of a contract management.
(4 Marks)
Explain citing examples why a contract can become unworkable /unsuccessful.
(7 Marks)

Question Four
Briefly explain the steps involved in contracting.
(4 Marks)
State FOUR reasons why organizations do contracting.
(4 Marks)
State TWO types of contracts.
(2 Marks)
Explain FIVE strategies employed for managing disputes when contracting.

(5 Marks)

Project And Contract Management(Pscm 043) Question Paper

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