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Identification of Risk Sources (1,500 words from Unit 1) In Unit 1, you selected a project on which you have previously worked or one with which you are familiar

18 / 01 / 2019 Operations

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Identification of Risk Sources (1,500 words from Unit 1) In Unit 1, you selected a project on which you have previously worked or one with which you are familiar. You may also select one of the scenarios from the Managing Projects module if you prefer. You should select a project large-scale enough or complex enough that it would involve many risks, potential issues and stakeholders. For this section of your Final Project, do the following: o Describe your selected project (Residential tower) . In your description, include specifics on what the project is producing or accomplishing. List specifics such as budget, timeline and schedule, if you know them. o Provide an analysis of the broad strategic business context of your selected project. Include details about the departments, stakeholders, location and area of business that may influence uncertainty, risks and issues related to this project. Explain why analysis of the business context is important in project risk appraisal. o Identify potential risks associated with your chosen project, using the Readings from Unit 1 as a guide. For each risk, identify the major stakeholders that should be included and consulted throughout the risk management identification and analysis for your selected project. Provide a rationale for your selection of each risk and the relevant stakeholders.



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