Assignment Case study Question:                                                                 (Marks 10)

Please read the Case-5.2 “Post Graduation Adventure.”  from Chapter 5 “Estimating Project Times and Costs” given in your textbook – Project Management: The Managerial Process 8^th edition by Larson and Gray page no: 93 also refer to specific concepts you have learned from the chapter to support your answers.  Answer the following questions.

 Case study questions

1. Assume you are either Mike or Josh; how would you go about making a decision using project management methodology? Explain in 150 words (3 Marks).

• Looking first at only cost, what decision would you make? Explain in 150 words (3 Marks).

• After cost, what other factors should be considered before making a decision? Explain in 200 words (4 Marks)