1
Q
What defines a project?
A
- Clear objective (must satisfy a need or demand that has been identified).
- Constraints of Cost, Quality and Time (Not unlimited and will be set by the projects owners).
- A team of people (May or may not be familiar with the work to be done and other team members).
- Little practice or rehearsal (Rarely more than one attempt to get the project right).
- Change and uncertainty (Project attributes and other influencing factor will vary with time).
- Uniqueness (No project is exactly the same as the previous one).
- Definable start and endpoint (Starts when approval is granted for work to proceed to the initial stage and ends when objectives are achieve. Project scale can be broad).
2
Q
What are some common problems in engineering projects? (Not very important)
A
- Very politicised.
- A number of contracts.
- Problems with INFRACO contract.
- Contractor refusing to do some sections claiming problem out of their control.
- Client not being as rigorous as they could be with their contract agreement with BBS.
3
Q
What is the definition of project management?
A
The planning, control and co-ordination of a project from conception to completion (including commissioning) on behalf of a client.
It is concerned with the identification of the client’s objectives in terms of utility, function, quality, safety, time and cost.
4
Q
What is the “sunk cost” effect?
A
The tendency to make a choice considering the cost that has already been incurred and cannot be recovered.
5
Q
What are the success factors of a project=
A
- Cost
- Time
- Quality
- Safety
- Environment
- Sustainability
