Question

1 distinguish between the following and giving example where necessary

a) wuantifiable and non quantifiable projects

b) projects and plans

c) projects and programs

project with tangieble product and project with non tangieble product

2 explain the following aspects of project planning and management clearly showing the features of project analysis and pre promotion

a) technical aspects

b) social aspects

c) financial aspects

d) economic aspects

3 project implementation may run into several problems especially in developing countries. explain four of these problems

4 explain the following as applied in project management

a) relevance of a project

b) effectiveness of a product

c) efficiency of a product

d) impacts or effect of a product

e) viability or sustainability of a product

Answer 1

Answer: 1

The differences between the following topics and suitable example where necessary are as below

1. Quantifiable and non quantifiable projects

Quantifiable Projects	Non – Quantifiable Projects
1. Quantifiable project are projects which can be quantify. 2. In these projects the quantitative assessment can be carried out for the benefit of the project. 3. Electricity generation is the quantifiable project example.	1. Non-Quantifiable project are projects which cannot be quantify. 2. In these projects the quantitative assessment cannot be carried out for the benefit of the project. 3. Health improvement projects are non-quantifiable projects.

2. Projects and plans

Projects	Plans
1. Project is the set of tasks that need to be executed within the time, cost and with given resources. 2. Project key focus on timeline, cost and resources management to achieve project completion. 3. School building construction project, Dam construction project etc are example of projects.	1. Plan is the course of actions that developed for achieving the individual task. 2. Plan is basically to detail out the key action that are required to execute the task and assigned to each resources along with the target timeline. 3. meeting action plan is the example of plan for ensuring action completion.

3. Projects and programs

Projects	Programs
1. Project is the set of tasks that need to be executed within the time, cost and with given resources. 2. Project key focus on timeline, cost and resources management to achieve project completion. 3. School building construction project, Dam construction project etc are example of projects.	1. Program is the group of projects required for the organization for future needs. 2. Program is basically run to run individual projects under program so that continuous chain of projects can be run for the business. 3. Program management function in the business is the dedicated function that manages projects for the business.

d) Project with tangible product and project with non tangible product

Projects with tangible products	Projects with non-tangible products
These project deliver tangible product which last for longer duration. These projects help for longer duration and long term benefits for the target people. These are better projects than non-tangible product projects	These project deliver non-tangible product which last for small duration. These projects are targeted for short term products and helpful for the short duration. These projects are needed to meeting the short term need for people.