CVE1501 Assignment 2 2023
CVE1501 Assignment 2 2023
Assignment no: 02
Instructions:
Honor Pledge: I have neither given nor received aid on the assignment.
Plagiarism is the act of taking words, ideas and thoughts of others and presenting it
as your own. It is a form of theft which involves a number of dishonest academic
activities.
QUESTIONS [35]
QUESTION 1
1.1 Define the task of management and describe in detail the four
fundamental management functions. (10)
1.2 Describe the following concept in your own words:
a) Project Stakeholders (2)
b) Project Life Cycle (2)
c) Project Brief (2)
d) Work Breakdown Structure (2)
[18]
QUESTION 2
2.1 List seven cost items that should be taken into consideration when
hiring plants and equipments: (7)
2.2 Determine the hourly owning and operating cost for the 1st year of
operation of an equipment item, using the information below: (10)
TOTAL MARKS: 35