a) In your own words, explain why project planning and control are important in the success of the project? (4 Marks)
b) In project scope management, it is essential to subdivide the scope of work in a manageable way that is easily estimated, planned, and assigned to the responsible person or group. Briefly explain the below structures that are used as a tool for quantifying the scope of work. You may include examples in your answer.
i. Work Breakdown Structure (3 Marks)
ii. Product Breakdown Structure (3 Marks)
iii. Organization Breakdown Structure (3 Marks)
c) A risk is any certain event or condition that might affect the project. Not all risks are negative. At some events, it helps to alleviate the progress of the project. During the project planning, the risks are still uncertain and it is important to plan for risks at the beginning of the project. As a project manager:
i. Describe what is Risk Planning, Risk Identification, and Risk Probability & Effect. (8 Marks)
ii. Elaborate on the Risk Response Strategy to handle a risk. (4 Marks)