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Task:
There are three parts to the Analysis:
Part A in which students discuss their allocated project case study (you are allocated one based on your last name) and outline rationale, key features, funding and stakeholders
Part B in which students develop their risk analysis framework
Part C in which students identify mitigation measures and proposals for overcoming the risks identified in their case study
Funding mechanisms: How the project makes money or provide return to its promoters
Identify the Key Stakeholders in the project
Part B: Risk Analysis
In this part students develop a risk assessment analysis in which they use both qualitative and quantitative measures to identify potential risks in the project and determine how they should be weighted.
The risk analysis should draw upon principles outlined in the Project Management Body of Knowledge (PMBOK) and material discussed in class in weeks 1 -5.
Students would be expected to produce a risk matrix where the likelihood of potential risks events are mapped against their possible consequences. Other risk assessment and analysis activities might focus on a range of financial measures associated with the project.
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