Business Finance Homework Help

Instructions – PLEASE READ THEM CAREFULLY

The Assignment must be submitted on Blackboard (WORD format only) via allocated folder.

Assignments submitted through email will not be accepted.

Students are advised to make their work clear and well presented, marks may be reduced for poor presentation. This includes filling your information on the cover page.

Students must mention question number clearly in their answer.

Late submission will NOT be accepted.

Avoid plagiarism, the work should be in your own words, copying from students or other resources without proper referencing will result in ZERO marks. No exceptions.

All answered must be typed using Times New Roman (size 12, double-spaced) font. No pictures containing text will be accepted and will be considered plagiarism).

Submissions without this cover page will NOT be accepted.

Assignment Workload:

This Assignment comprise of a Case Study.

Assignment is to be submitted by each student individually.

Assignment Purposes/Learning Outcomes:

After completion of Assignment-1 students will able to understand the

1.Defining the concepts, theories and approaches of project management. (L.O-1.1)

2.Recognize the steps of planning process in the project management. (L.O-1.2)

3. Estimate the project budget and cost control. (L.O-2.2)

4.Analyze to work effectively and efficiently as a team member for project related cases. (L.O-3.1)

Assignment-1-Case Study

Assignment Question: (Marks 5)

Please read the Case-4.2 “The Home Improvement Project.” from Chapter 4 “Defining the Project” given in your textbook – Project Management: The Managerial Process 8^th edition by Larson and Gray page no: 132 also refer to specific concepts you have learned from the chapter to support your answers. Answer the following questions with 500 Words limit.

1.What factors and forces contributed to scope creep in this case? (1.5 Marks)

2.Is this an example of good or bad scope creep? Explain. (1.5 Marks)

3.How could scope creep have been better managed by the Nelsons? (2 Marks)

Answers:

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