Learning Outcome(s):
LO1: Define the job roles of an IT project manager and the key elements of the project management lifecycle.
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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.
Answer
2 Marks |
Learning Outcome(s):
LO2 : State the best practices in the IT project management processes.
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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.
Answer
2 Marks |
Learning Outcome(s):
LO2: State the best practices in the IT project management processes.
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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 |
Learning Outcome(s):
LO3: Develop a comprehensive IT project plan for estimation, scheduling, communication, resource management, procurement, risk, and quality.
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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.