Power point TEACHER Comments : This is a short but focused piece of work. It demonstrates to me that you have read the PUPP papers and have begun to link it to project management principles Were you to present it, I think your sentences and paragraphs would need to have been longer, and to have begun to link some of the ideas and concepts together. You have included a list of references at the end of the document, but your work could have been improved by adding some in-text citations. You will need to develop the basic ideas you have outlined here when you move on to your other assignments for this Unit. If you are WA, then you are more than welcome to visit the assignment labs that the Learning Consultants run. These will help you with your work, and especially your writing style. You are also free to send me early drafts of your work so that I can help guide you, and help you create some good work. -Total of $252 million is inclusive of the unaccounted $28 million by the company -Inaccurate cost and time estimations presents an element of poor project management in any project. -Inaccurate estimations of the cost and time may lead to adverse implications in the project lifecycle. -PUPP demonstrate an inaccuracy in their cost estimation. Failure of accountability and openness in every phase of project life cycle is an element of poor project management. -Without accountability and openness, there exists a good embezolment enabling environment/ -For the case of PUPP, Horizon did not fully disclose the cost of PUPP, making it hard to track the cost of the project. Decision making on funding for a project is usually based on the assessment of risk and costs associated with the project. -Lack of comprehensive evaluation of cost and risk leads to an informed decision on the funding of the projects. -In this regard, the initial costing of the project was based on an assessment that did not offer comprehensive information on the complexities and conditions that existed locally. -Horizon approximated a cost of $ 17000 per lot, however, the actual cost have been established as being at $41000 per lot. -Vast and complicated projects puts forth cost, delivery, and reputational risk. -Per se, the responsible entity should provide adequate oversight and management that would take care of the risk involved accordingly. -PUPP presented a poor project management skill. - Horizon(entity incharge of the project) outsourced some of the project works.