List and explain the four stages of Project Life Cycle, and discuss the importance of
each of them. (8 marks)
Q2 Define the scope of case study ‐ Li & Brother in Task 2. (5 marks)
Q3 Using the tables below (project 1, 2, 3) plot out an AON project network for all three
projects and show: a) identification of critical path, b) project duration. (12 marks)
Project 1
Tasks      Precedence     Time

A ‐                                     4 days
B                A                     6 days
C                B                     3 days
D                B                    6 days
E                 C                   5 days
F                C                    4 days
G               D                    2 days
H               F                    3 days
I                G                    5 days
J               H                    3 days
K               I                    4 days
L             J,E,K              5 days
Project 2
Tasks   Precedence    Time
A ‐                                3 days
B               A                5 days
C              A               3 days
D            B               4 days
E           D               5 days
F          C               4 days
G         D              2 days
H          F            3 days
J        H              6 days
K      J,E           3 days
L      K,G           6 days
Project 3
Tasks  Precedence  Time
A ‐                           3 days
B          A                  6 days
C          B                 3 days
D         B                 4 days
E         C                 5 days
F        C                 4 days
G      D                 6 days
H       F                3 days
J      H                4 days
K  G,E,J            2 days
Q4 What is risk and risk management and what are the five stages of the Risk
Management Process? (15 marks)
Q5 a) outline and explain what a quality audit in project management is?
b) what is a project evaluation and what are the reasons to conduct it?
c) explain what the purpose of monitor a project?
d) what is project control? (10 marks)

TASK 2 (50% marks)
Li & Brother Ltd is an SME company specializing in the supply of training courses to the
business community in Hong Kong. They provide their services to company that contract out
aspects of staff training. Specifically, training courses provided by Li & Brother includes: fire
safety, customer service, leadership and management and management development or
any other tailor‐made training courses.
At present, the company has a medium sized head office (3,500 square fleets) employing 8
administration staff, and 48 operational employees working in different functions.
As part of expansion, Li & Brother decided to move to larger premises (10,000 square fleets)
and employ more operational employees for expansion. This new premises will allow a new
consultancy division to be created and housed at the new location in Central (commercial
district). This new division will consist of an additional 6 administration staff, 10 operational
employees and 10 business consultants with specific expertise. This division will attempt to
win contracts to provide business consultancy services to new and existing businesses. The
old rental contract will be ending 31 March 2022 and the new rental contract of the new
location will be starting in 1 April 2022. It is expected the consultancy function starts in June
2022. The budget for moving office and setting up the consultancy function is HKD 2 million
dollars.
You are the project manager responsible to a) moving office, and b) expanding business by
setting up the consultancy function. You are required to prepare a report concerning the
main issues to be addressed from a project management perspective (2,200 words). From a
Project Management Perspective outline the activities required to successfully implement
this new initiative and ensure that it can open the new office and develop the consultancy
function on time and within the pre‐set budget.
Although you have been employed as the Project Manager, your analysis should include the
skills and competencies that you already prosses and which are required by a Project
Manager to manager this type of major projects. Apply examples of the project
management process, i.e., concerns, stages, processes, leadership, operation and control
problems associated with managing the lifecycle of this project.
1. Define the project scope, goal and objectives
2. Set up your project team
3. Identify the project milestones and project life cycle
4. Prepare precedence table, WBS and feasibility study
5. Prepare a financial analysis
6. Construct risk management plan and risk analysis
7. Make a logical conclusion
Assignment presentation and assessment
The answers to both tasks are independent and should be addressed separately.
Task 1 answers to six questions– (800 words) – completed as an individual task
Task 2 a report that is produced for task two (2200 words) – completed as an
individual task
For your convenience both tasks should be submitted as one document, which
contains both individual tasks.

SOLUTION

FOUR STAGES OF LIFE CYCLE

A project life cycle defines the phases of activities through which a project follows to achieve the targeted goals (Pinto 2013). Normally, a project follows four phases namely initiation, design, execution, and commission (Maylor, 2010). The initiation also known as conception stage entails the setting of objectives, aligning the relevant resources, and identifying the timeframe within which the project will be completed (Burke, 2013). Maylor (2010) asserts that possible challenges are documented during the conception stage, and the recommended solutions are suggested at this stage. Considering the period within which the project is expected to be completed is integral while setting objectives.

The development (design) stage is the second phase in the project life cycle. It involves though assessment of the available resources, such as time and money required in the implementation of the project (Burke, 2010). According to PMI (2013), this stage entails consideration of several factors in the project, for instance, the quality of deliverables, the appropriate methods applicable in alleviating risks, and the procurement of the necessary project resources. It is imperative to ensure that the finances and quality of the deliverables match with the project’s objectives to enhance acceptability by the project’s stakeholders (Field and Keller, 1997).

The third stage of project life cycle is the implementation (execution) stage. This stage involves tackling of various tasks in accordance with the project’s objectives. He project manager records the progress and reports the information to the management team during the scheduled meetings. The implementation of various tasks should be in accordance with the set timeframe and budget, and therefore, the project manager should frequently review the tasks under implementation (Field and Keller, 1998). The final phase of project life cycle is the transfer or the commissioning stage (Pinto, 2012). In this stage, the project manager caries out various reviews on the implemented tasks, and delivers the final results to the stakeholders. The process involves termination of contracts with vendors, surrendering of documentations to the clients, and evaluating the overall success of the project.