Project Management, Strategic Project Management

The assignment contains three major questions. Students are required to select ANY of the two major questions and submit a report addressing all questions. There is no word limit for the report, this is to allow students to explain themselves fully as done for normal examination. Suggested solutions should be derived from critical analysis.
Please select and answer only TWO of the following three major questions. All major questions carry equal marks. There is no point in answering more than two major questions as only the first two read will be awarded marks.
Note: Students who are found to have submitted a plagiarised report or committed plagiarism will be severely penalized.
Answer ANY TWO of the following four major questions.

QUESTION 1 [ Mission Statement and Principles of Organisational strategy]
[20 marks]
a. Explain with practical examples, any four factors that an organisation should consider when revising or drafting their mission statement. [4 marks]
b. Discuss with practical examples, four reasons why companies/firms that adopt differentiation business strategy have more sustainable financial performance than companies/firms that adopt cost leadership strategy. [12 marks]
c. Briefly explain two human resource initiatives/strategies that companies who adopt cost leadership or differentiation will put in place to gain competitive advantage in the industry. Note: Two human resource initiatives for each of the strategies (i.e. cost leadership and differentiation) [4 marks]

QUESTION 3 Managing Mega projects and Procurement
[20 marks]
a. Explain with practical examples,
i. The relationship between directional complexity and the lifecycle of mega projects [3 marks]
ii. The relationship between temporal complexity and the lifecycle of mega projects. [3 marks]
b. Discuss five reasons why mega projects are more suitable for public-private partnership procurement arrangements in many countries. [10 marks]
c. Explain briefly with practical examples, two Motivational Capability strategies/initiatives that can be adopted to successfully manage mega projects [4 marks]

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