Subject is marketing projects.

Running Head: ASSESSMENT 2        
ASSESSMENT 2        2
ASSESSMENT 2
Part A
Q1.
    The project leader plays a pivotal role in holding the team. The team’s individual players help to add value to the project. Hence, the team views must be taken into account.
Q2.
    The approval of project is required so that a formal allocation of financial, labour and other resources can be allocated to the project. The needs of the project are identified and allocated to the project in the early stages (Heagney, 2016).
Q3.
    The member’s clarity of roles avoids confusion in terms of duplication of efforts. The roles are reviewed and expectations of the roles are defined. It is then decided by the individual and the project leader, how to best fulfil the expectations.
Q4.
    Team members need support to fulfil their roles in terms of resources. They expect different things from the leader at different stages of the project and it is necessary to address those needs.
Q5.
    Recording the details of the project from the beginning to the final stages, helps to keep track of the resource allocation, their alignment with predicted trajectory of the project and to assess issues occurring during and post the completion of the project. All the stakeholders can be supported effectively with good record keeping (Lucidcharts, 2020).
Q6.
    The expenditure has to be monitored to control the cost of the project. If the cost is not monitored, then there may be cost overruns and there may be certain tasks and activities, which cannot be completed.
Q7.
    The reports required by stakeholders involve and inform them of the tasks, activities, responsibilities of the leaders and the team. They also inform them about possible budget overruns or delay in implementation or completion.
Q8.
    Risk assessment help in identify the problems that hinder a project completion within scheduled time and allocated resources, aimed at meeting predicted outcomes. Once the risks are assessed, suitable strategic actions are planned and administered, resulting in meeting of outcomes, easily.
Q9.
    The project deliverable is strategically designed sections of an entire project, which are based on project plan, resource and time allocations. Therefore, achieving the project deliverables become important and essential part of project completion.
Q10.
    The records have to be checked for accuracy because each of the deliverables, if not completed in time or if skipped could lead to project delays and in most cases failure. If there are inaccuracies in the record keeping, all the stakeholders will receive incorrect information. The inaccuracies will also affect the outcome of the project.
Q11.
    The post-project staff transition helps employees to become aware of their next course of action, once a project is completed. It helps them to get back to their regular job roles and follow their authorities or get ready about the initiation of the next project. If, the process of not handled properly, can lead to staff demotivation, operational...