CIMA Related Exams
E2 Exam
Which of the following initiatives and schemes should be undertaken as a formal project?
Select ALL that apply.
A project manager is calculating the budget cost of a single project task called "Server Configuration".
This task is estimated to last 8 weeks and requires the full-time services of two software consultants, both for the entire duration of the task.
One consultant commands an inclusive rate of $400/day and the other $40/hour based on an eight hour day. Fixed hardware costs of $12,000 have also been estimated for the task.
Calculate the total budget cost for the task (ignoring any other resources or costs) - assuming a five day working week.
Give your answer as a whole number.
The total cost is $ .
The Board of organisation Y has authorised an upgrade to its computerised finance system.
The Finance Director, X, has been tasked with managing this project. X has been requested to consult with stakeholders, in order that a Project Initiation Document (PID) may be produced.
What are the TWO main uses of a PID?