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a) Define and discuss the Agile project management model and explain what the SCRUM approach is in this context.
b) Compare and contrast Fixed Price (FP) and Cost Plus (CP) contracts in the context of project management. Use examples to support your answer.
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a) Explain the resource allocation and smoothing phase in project scheduling using the critical path method, and outline relevant scheduling heuristics used and the typical steps needed in applying these heuristics.
b) Briefly explain what a rework cycle is in the context of project management dynamics.