Produce a report critiquing all or part of the project risk process of an organisation that you are familiar with, or a case study. It is important to bring to bear on the subject, current thinking in Project Risk Managemen

Typical content would include: 

Report (*.pdf or *.Word formats)

• The maximum word limit for the report is 3000

Discussion of Key Strategic Considerations — You do not need to explain why you have chosen the particular case study, but please discuss the main project risk topics for this case. For example, why the selected project organisation has adopted (or not) particular risk approaches, risk appetite, risk management etc and how these work for the success (or not) of the project(s). In essence, a broad overview of the key topics for your assignment, backed up by reasoned argument. So this means you cannot select a couple of ‘favourite’ topics to discuss, when there is a more important project risk management topic that needs to be addressed for your selected project organisation.

Critical Analysis of Key Risk Management Theories — Ideally, your assignment should utilise the broad project risk topics we covered in the module. You can use any other project risk management theories / methodologies from the literature and / or those adopted by the case in your assignment (you are not limited to those examples included in the module). The important point is to keep the assignment to ‘project risk’ rather than stray too far in to the general ‘organisational risk’ areas — although in some cases there may be a need to have some crossover.

Title page, contents, list of figures, list of tables (these are not part of the word-count).

1. Introduction (400 words) – A discussion of the key strategic considerations.  These could include the main Project Risk topics for this case, why the selected Project Organisation has adopted (or not) a particular risk approach, their risk appetite, risk management etc.  In essence, a broad overview of the key topics for your assignment, backed up by reasoned argument.  

2. Project Environment (500 words) – A critical evaluation of the project environment within which project risk is managed.  This requires students to apply one or more tools to the case (SWOT, PESTLE, fishbone or a combination, for example) to identify areas of potential risk.  Include diagrams and references.

3. Key Risks (800 words) – Identify key risks for the case by applying an appropriate risk management process or methodology, and undertaking a critical analysis.  Include diagrams and references.  Select an appropriate risk management process and apply it to your case. Risks may be presented in a table format, with ranking, and/or a likelihood and impact analysis.

4. Project planning and implementation (800 words) – A critical evaluation of how the project was managed during its lifecycle in terms of risk.  Students should reflect on their analyses undertaken in sections 2 and 3, to determine whether the organisation could have acted differently either in the planning stage or the delivery of the project (or both), to achieve a better outcome.  Bring out any interdisciplinary aspects relevant to the project.

5. Summary and Conclusion (500 words) – Present a summary of the project risks, and your conclusions on the organisation.  Discuss mitigations or contingencies that could have been applied.  Make any appropriate recommendations for the organisation (or sector) in terms of tools, methods and processes that it should utilise.  Identify any improvements that could be made to regulations or legislation, training, or qualifications for example.  

Reference list in standard APA7 format, and appendices if required (these are not part of the word-count).

Ensure you include evidence of reading around the subject by discussing / referencing material other than the case study you have selected.