Project Management December 2026 Solved Assignment
Description
Project Management
December 2026 Examination
Q1 A technology company is developing a new AI-based logistics solution for a major e-commerce client. The company has previously underestimated costs on similar projects due to scope creep and ignored indirect costs such as training and software licensing. This time, the project manager decides to use bottom-up estimation in combination with historical data. The client has warned that any budget overruns will jeopardize future contracts. The project team must provide accurate early estimates, justify contingency reserves, and regularly update forecasts as scope evolves.In this context, how should the project manager apply bottom-up estimation, augmented by historical data and contingency planning, to develop robust initial and ongoing cost forecasts for the AI logistics project? Explain how these methods can help prevent cost overruns and strengthen client confidence.
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Q2 (A) A global healthcare company is undertaking a system-wide ERP implementation after a merger, requiring harmonization of processes and cultures across multiple countries. The project management office (PMO) is debating whether to use rolling wave planning to accommodate evolving requirements or adhere to a rigid upfront plan for stakeholder reassurance. Key risks include changing regulations, varying local needs, and global resource constraints. Critically evaluate the trade-offs between adopting rolling wave planning versus a fixed, upfront project plan in this complex cross-border healthcare ERP initiative. Assess both perspectives in the context of risk management, adaptability, and stakeholder alignment, and justify the planning approach or hybrid you would recommend for successful project delivery.
Q2 (B) A technology startup is planning a highly time-sensitive product launch. The initial Gantt chart revealed that several activities overlap and depend on critical external vendors with unpredictable delivery times. After a review, the project manager suggests applying the Critical Path Method (CPM) to better prioritize resources, but some team members argue that PERT would provide a more realistic timeline given uncertain activity durations. With rising investor pressure on both cost and delivery, the leadership must decide which scheduling technique will best address the project’s uncertainties while aligning resource allocation to strategic priorities. Critically assess the appropriateness of using CPM versus PERT for this startup’s product launch, considering the nature of dependencies, uncertainty in time estimates, and the impact on resource allocation. Justify your recommended scheduling technique with reference to the startup’s constraints and objectives.
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