Background: The assignment is intended to bring out the benefits and limitations of different approaches to project planning and control by relating these to the circumstances in the case outlined.
1. Define the key characteristics of any project.
lb. Briefly explain the reasons why many projects fail and runs over budget .
2. Briefly describe each of the Five Stages in Project Management and discuss in few words the benefits of managing projects in a well-structured manner .
3. Briefly discuss the impact a good and a bad Team may have in terms of achieving and managing project goals.
4. List the nine (9) knowledge areas in Project Management and briefly explain the importance of any two of them.
