Professional Documents
Culture Documents
Explain Gantt Chart. 3 MARKS
Explain Gantt Chart. 3 MARKS
Explain Gantt Chart. 3 MARKS
3 MARKS
• A Gantt chart is a project management tool assisting in the
planning and scheduling of projects of all sizes; they are
particularly useful for visualising projects.
• A Gantt chart is defined as a graphical representation of activity
against time; it helps project professionals monitor progress.
• Gantt charts are essentially task scheduling tools: project
management timelines and tasks are converted into horizontal
bars (also called Gantt bars) to form a bar chart.
State features of electromagnetic flow meter. 4 MARKS
Explain in detail different project management functions
7 MARKS
1. Scoping
Scope is the process of defining what work is required. Also, you have
to make sure all of that work, and only that work, is done.
2. Planning
Planning is the process of identifying desired goals, reducing risks,
avoiding missed deadlines, ultimately delivering agreed outcomes in the
form of a product or service.
3. Estimating
Estimating is a critical part of project planning which includes the
estimated cost of the project in quantitative terms, the resources used,
and the duration of project completion.
4. Scheduling
The scheduling function is the activity of compiling a list of activities with
the start and finish times of each job in the project, ideal completion
duration, and resources assigned to each activity. Effective project
scheduling is a critical component of successful time management.
5. Organizing
The organizing function is an activity that confirms or ensures all team
members understand well their roles and responsibilities, also the
relationship with you as the project manager.
6. Directing
Directing is the most leadership-centered function of the five. It includes
Instructing, guiding, supervising and influencing team to achieve the
project goals. This is the area where goals and objectives for the whole
group are set.
7. Controlling
The activity of this function includes controlling over the activities that
take place in a project so that it goes according to plan or does not
deviate. The project manager will use a standard measurement matrix
for each ongoing activity. This function is arguably the most difficult and
important function because it determines effectiveness and success of
the project.
A Fixed Fee or Lump Sum Contract is suitable if the scope and schedule of the project are
sufficiently defined to allow the consulting engineer to estimate project costs.
In general this contract is only suitable for construction and supplier projects where the
different types of items, but not their numbers, can be accurately identified in the contract
documents.
It is not unusual to combine a Unit Price Contract for parts of the project with a Lump Sum
Contract or other types of contracts.
Cost + Fixed Fee with Guaranteed Maximum Price and Bonus Contract
Compensation is based on a fixed sum of money. The total project cost will not exceed an
agreed upper limit and a bonus is given if the project is finished below budget, ahead of
schedule etc.
Cost + Fixed Fee with Agreement for Sharing Any Cost Savings Contract
Compensation is based on a fixed sum of money. Any cost savings are shared with the buyer
and the contractor.
Incentive Contracts
Compensation is based on the engineering and/or contracting performance according to an
agreed target - budget, schedule and/or quality.
Cost Reimbursement Contract provides the initially negotiated fee to be adjusted later by a
formula based on the relationship of total allowable costs to total target costs. This type of
contract specifies a target cost, a target fee, minimum and maximum fees, and a fee
adjustment formula. After project performance, the fee payable to the contractor is
determined in accordance with the formula.
List out major events that take place while planning the
schedule. 3 MARKS
1. Define your project goals
2. Identify all stakeholders
3. Determine your final deadline
4. List each step or task
5. Assign a team member responsible for each task
6. Work backward to set due dates for each task
7. Organize your project schedule in one tool, and share it with your
team.
3. Create A Timeline
Listing out all tasks and plotting them in a timeline, calendar, or sprint
cycle.
4. Track Budget
It’s usually the most basic question for team leadership: do we have
enough money to do this project? Most times, budgets are fixed by the
time the project manager takes over, so the process is to take that
budget and spread it out over the timeline you’ve created and track the
requirements you’ve laid out. The numbers have to work, or the project
budget is in danger and the project could end up costing more than it is
bringing in.
5. Motivate The Team
6. Problem Solving
Guiding the team through problems that may arise throughout the
development stages.
Problems are the unwelcome but inevitable traps and puzzles that keep
our projects from moving forward according to plan. They’re team
morale-busters. They’re the seeds of scope creep and uncomfortable
escalations. They’re probably best avoided.
As a project manager, your job is to run towards the problems and get
them addressed in a timely manner so that they don’t knock your
budget and schedule off the rails.
7. Manage Risk
When you can avoid a problem, it’s usually better to do exactly that. As a
project manager, it’s expected that you are constantly looking ahead to
help the team identify, analyze, prioritize, plan, assign, monitor, and
respond to risks. By doing that, you can reduce, transfer, and sometimes
even mitigate the impact of those risks should they come to fruition.