NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2021 EXAMINATION

COURSE CODE: ENT 707

COURSE TITLE: PROJECT FINANCE AND BUDGETING

CREDIT UNIT: 3

INSTRUCTION: 1. Indicate your Matriculation Number clearly

2. Attempt questions one (1) and any other Three (3) questions; four questions in all

3. Question one (1) is compulsory and carries 25 marks, while the other Questions carry 15 marks each.

4. Present all your points in a coherent and orderly Manner

TIME ALLOWED: 3 Hours

Question 1a: Enumerate the 4 principal methods of establishing costs

Question 1b: What are the 3 steps to measuring benefit and cost?

Question 1c: Write short notes on the types of costs.

Question 2a: Organisation tend to run their daily activity based some principles that guide them in achieving their set goals and object. Based on the above statement define the term Budgeting and how it can be used as a tool in achieving organisational objectives.

Question 2b: List any 5 types of Budget

Question 3a: Define Computer

Question 3b: Discuss the term Financing Technology

Question 4a: a. Define Project Management Tools.

Question 4a: What is the full meaning of PERT?

Question 4b: Explain the PERT technology

Question 5a: Write the full meaning of the following:

1. PID

2. ISDS

3. PAD

4. PAR

5. IER

6. NPV

Question 5b: Write short notes on the following:

1. Operational Cashflow

2. Investment Cashflow

3. Financial Cashflow