Managing Projects Flashcards
(7 cards)
What is a PEP?
A document that sets out the strategy for managing a project, including who does what and how, procedures and policies.
What was included in the Cardiff Airport PEP?
● Project scope
● Workstreams
● Budget monitoring
● programme constraints
● Communication plans (stakeholder management plan)
How did you update the Cardiff Airport cost plan following design changes?
I maintained a rolling final account including implemented CEs and anticipated changes. I was able to value anticipated changes using the information from tender and previous CEQs.
How did you ensure compliance with the Cardiff Airport PEP?
● Reviewed it regularly
● Amended it as required
What design changes did you assess for the Bro Tathan project?
● Location of substation / LPG foundations following trial holes
● Route alignment changes
● Proposed instructions
What is the relationship between cost, time and quality in the iron triangle?
The triangle suggests that it is difficult, if not impossible, to have all three at their maximum levels simultaneously.
What risk mangement techniques are you aware of?
Identification - SWOT analysis
Risk assessment - risk rating 5x5 grid (likelihood and severity)
Allocate risk to those best placed to deal with it.
1) Avoidance
2) Transfer
3) Mitigation
4) Acceptance