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BEP712S - SME PROJECTS - 2ND OPP - NOV 2024 |
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n Am I BI A u n IVE RS ITY
OF SCIEnCE Ano TECHnOLOGY
FACULTY OF COMMERCE, HUMAN SCIENCESAND EDUCATION
DEPARTMENT OF GOVERNANCE AND MANAGEMENT SCIENCES
QUALIFICATION: BACHELOR OF BUSINESS MANAGEMENT HONOURS
QUALIFICATION CODE: 07BBMA
LEVEL: 7
COURSE CODE: BEP712S
COURSE NAME: SME Projects
SESSION: NOVEMBER 2024
DURATION: 3 HOURS
PAPER: THEORY (PAPER 1)
MARKS: 100
SECOND OPPORTUNITY EXAMINATION
EXAMINER(S) Ms. B. NDUNGAUA
Mr. V. SINALUMBU
MODERATOR MR. KANDJIMI
INSTRUCTIONS
1. Answer ALL the questions.
2. This paper comprises of SIX questions.
3. Read all the questions carefully before answering.
4. Number the answers clearly
PERMISSIBLE MATERIAL
CALCULATOR
THIS QUESTION PAPER CONSISTS OF_ 4_ PAGES (Including this front page)
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QUESTION 1
(20 Marks]
You are required to select one of two appealing project proposals. Using the below
information, which project proposal should be selected?
Project A requires an investment of N$100,000 with an expected annual cash inflow of
N$25,500 for five years while project B requires an investment of N$85,000 with an
expected annual cash inflow of N$45,000 for five years as well. The expected rate of return
is 12%. The company's acceptable payback period is 2 years.
1) Determining the payback periods for each of the projects? (2 marks)
2) Which of the two projects should be selected based on the payback period method?
Explain your decision. (2 marks)
3} Determine the Net Present Value (NPV} of each ofthe projects. (14 marks)
4) Which of the two projects should be accepted based on the NPV? Explain your
decision.
(2 marks)
QUESTION 2
Answer the questions that follow, using the information in tables 1 and 2:
Tabe 1: Total budgeted costs of project A
-· . - .,
Week
TBC 1
2- 3
4
5
6
7
Task 1
40 10 20 10
Task2
50
30 10 10
Task3
30
20 10
Task4
30
15 15
Total
150
Commulative
Note: Amounts are in thousands.
Table 2: Total actual costs of project A byweek 4
.,.
Wee~
1
2
3
4 Total expended
Task 1
13 20 15
48
Task2
32
10
42
Task3
0
Task4
0
Total
Commulative
Note: Amounts are in thousands.
(20 Marks]
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Questions:
a) Using table 2, how much has been spend by week 4? (2 Marks)
b) Noting that 55% of the work has been completed, calculate the cumulative earned value of
this project. (3 Marks)
c) What is the variance cost at the end of week 4? (3 Marks)
d) What is the cost performance index of this project? (3 Marks)
e) Using both formulae, calculate the forecasted costs at completion. (6 Marks)
f) In order to complete the project on budget, what is the To-Completion Performance Index?
(3 Marks)
QUESTION 3
[18 Marks]
With examples, discuss any six key competencies a project manager should have?
QUESTION 4
[15 Marks]
With the help of a diagram, explain the main phases of the project life cycle. What is delivered
at the end of each phase? {3 marks for the complete diagram and 3 marks for each of the
four phases)
QUESTION 5
[5 Marks]
Discusstwo aspects should be taken into account when pricing your proposal as a
contractor?
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QUESTION 6
[22 Marks]
a) Calculate the Early Start (ES),Early Finish (EF), Latest Start (LS)and Latest finish (LF)times respectively. Will this project finish in 120
days? [16 marks for start and finish times]. Present vour answers in a proiect schedule.
b) Calculate slack for each activity and identify the critical path. {2 marks for slack and 2 marks for the critical path]
c) Assuming activity F's actual completion is delayed by 5 days, when will activities G's and H's earliest start be? [2 Marks]
Activity A
John 10
Activity B
3 I Anna I 13
Activity D
6 I Sue
5
Activity C
1--~--------1
5 I Lee
__.
5
Activity E
1--~--------1
8 I Mary 15
Activity F
7 j Pet j 1s
Activity G
10 I Shetu I 18
IActivity H
Activity I
I/ I 12 j Kauna 4
11 I Vija I 5
4