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PM0012-Project Finance and Budgeting
PM0012-Project Finance and Budgeting
PM0012-Project Finance and Budgeting
Q2. Explain the different methods/sources to finance a project? Answer. Methods of the Project Financing: 1. Cost Share Financing or Low interest loan financing. 2. Debts Financing.
Q3. Describe any 5 considerations that are crucial in the design of the financing plan for a project.
Answer. The consideration of ethics in research, and in general business for that matter is of growing importance. It is, therefore, critical that you understand the basics of ethical research and how this might affect your research project. Though all researchers (student, professional, or academic) are well intentioned, there is the possibility that interaction with participants may inadvertently harm them in some unintended way. This could include:
Q4. Discuss some of the tools and techniques of Cost Management. Answer. They are: Cost aggregation. Reserve analysis. Expert judgment. Historical relationships.
Q5. Explain the various key determinants of initial project cost. Answer. Key determinants of initial project costs: The Project Specification - The specification defines the physical attributes of a project. With a road, for example, given levels of forecast traffic will lead to specification of the required length, depth and width of the road pavement, the material to be used for surfacing, the number of lanes, bridges and junctions etc.
Q6. Explain any 5 risks associated with project evaluation. Answer. 1. Risk Identification: A risk is any event that could prevent the project from progressing as planned, or from successful completion. Risks can be identified from a number of different sources. Some may be quite obvious and will be identified prior to project kickoff. Others will be identified during the project lifecycle, and a risk can be identified by anyone
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