How can we define what we
mean by ‘risk’ and how can it be managed successfully in large and small
projects? Critically analyse the
concept of risk; discuss how it can be measured and ranked and outline how a
project risk management strategy may be constructed for an international telecommunications
project involving stakeholders in Europe, Saudi Arabia, and the United States.
In completing this assignment, you should discuss both theoretical and
practical risk management strategies and how these can assist in minimising
risk for your project.
Taking the following into account as listed below:
• Establishment of
relevant theory (e.g. what do we mean by risk in a project management context
and what is the relationship between risk and risk management in theoretical
terms; and how do individual attitudes to risk interact with organisational
• Allocation of credit
and sources used; (have I included references and citations to the material I
have used?). At least ten citation sources.
• Clarity of argument
and relevance to the project management context.
• Overall report presentation including
spelling and grammar.
The APA referencing format must be in adherence.