Software Project Management · Unit 10
Contracts and Project Closure
Exam-focused notes for Contracts and Project Closure (Software Project Management, BIT402): what the TU syllabus asks and how it has actually been tested, with 6 solved past questions from this unit.
What this unit covers
- Contract definition and types
- Contract management process
- Time and material contracts
- Tendering process
- Project closure
- Change management
- Scrum framework
- Resource scheduling
Tendering process
Write short notes on: (a) Restricted tendering process (b) Project closure [5]
Definition: Restricted tendering is a procurement method where the client/organization invites tenders from a selected/limited list of pre-qualified suppliers or contractors, rather than opening the process to all interested parties. Key Characteristics: - ...
Full solved answer →Time and material contracts
Explain with an example when time and material contract will be beneficial. [5]
A Time and Material (T&M) contract is a type of contract where the client pays for: - The actual time spent by workers/resources (labour hours) - The actual cost of materials used - Plus an agreed markup or fee for overhead and profit When project requireme...
Full solved answer →Contract management process
What is a contract? Explain contract management process. [5]
A contract is a legally binding agreement between two or more parties that establishes mutual obligations and rights. In the context of software engineering and IT projects, a contract specifies: - Deliverables: What products or services will be provided - ...
Full solved answer →Scrum framework
Write short notes on a. Scrum b. Resource schedule [5]
Scrum is an agile framework for managing software development projects, particularly suited for iterative and incremental development. Key Characteristics: - Sprint-based approach: Work is organized into fixed time-boxes called sprints (typically 1-4 weeks)...
Full solved answer →Change management
Write short notes on a. Change management b. Scrum [5]
Change management is a structured approach to transitioning individuals, teams, and organizations from a current state to a desired future state. Key aspects: - Definition: The process of planning, implementing, and controlling changes in software systems, ...
Full solved answer →Contract definition and types
What is contract? Explain its different types. [5]
A contract is a legally binding agreement between two or more parties that creates mutual obligations enforceable by law. It involves an offer, acceptance, consideration, and the intention to create legal relations. A contract establishes rights and duties ...
Full solved answer →Make Unit 10 stick
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