Question 1(a) Based on the CEO’s direction, you are to appraise the priority of the project by constructing a project priority matrix.(b) Appraise four (4) relevant conditions in deciding to use the...

Question 1(a) Based on the CEO’s direction, you are to appraise the priority of the project by constructing a project priority matrix.(b) Appraise four (4) relevant conditions in deciding to use the Top-down or Bottom-up Estimate approach for estimating the project cost. For each condition, explain the preferred approach and whether the approach is suitable to SWL for RCS Project. Recommend the overall best approach and explain one estimation cost method to SWL. Question 2 SWL will contract the consultancy to Tron AG. The reinforcement of the Sky Rock’s structure will also be outsourced to Tron AG implementation team, supervised by the project member, Hashim. Tron AG’s performance will have a major impact on the success of the RCS Project. (a) Examine two (2) advantages of outsourcing the works mentioned above to Tron AG.(b) Analyse and discuss how you can adopt three (3) relevant best practices in outsourcing project work to manage Tron AG.