Highlights
Questions
Provide answers to all of the questions below:
1. Complete the table below to describe information sources necessary when planning for resources. The first row has been completed as an example for you to follow
2. Complete the table below to describe the requirements for resources included in operational plans:
3. Explain the importance of budgetary control.
4. Explain how a cost plan can assist in managing costs and its use over the project life cycle.
5. List two organisational policies and procedures that may apply to cost management in relation projects and resources.
6. Complete the table by outlining two (2) risk management strategies for each risk.
7. Explain how legislation and its related regulatory requirements relate to risk management. In your answer:
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