problem1. describe the meaning of “contingency fee”, as it applies to Project Management. Exemplify your answer.

problem2. Once the implementation phase of project has been reached, vendor schedules and deliveries have to be defined. describe fully the four types of vendors that exist on market. Give concrete real-life instances to support your answer.

problem3. What do you understand by?

i) Applied research

ii) Market research

iii) Reliability (as a product attribute employed when developing the ground rules for product)

problem4. What is the purpose and goal the design phase?

problem5. Describe fully the activity “Fabricate the Designed Article”, that is normally carried out throughout the implementation phase.

problem6. Suppose that you are the Project Manager of a team for the development of computer-based “baby-foot game”. It has been reported to you that conflicts are occurring among certain members of your team. Make propositions of actions you would receive to resolve these conflicts.

problem7. Give a diagrammatic representation of interrelated parts of project. Show clearly the relationship between the dissimilar components and briefly describe each of them.

problem8. Illustrate by means of diagram, the “external influences” that influence a project. Briefly describe each component therein.

problem9. The following is an extract of an article published in business magazine “During the implementation phase, it is significant to provide temporary on-site facilities, tools and equipment for the welfare of project members and for the smooth running of this crucial phase”. Describe how the above statement can be put in practice in a project.

problem10. Describe the following terms as they apply to projects and project management.

i) A system

ii) A sub-system

iii) A function