BUSN9191 PROJECT RISK MANAGEMENT

Section A

ANSWER ANY THREE QUESTION FROM THE FOUR BELOW

1. Evaluate the effective risk management based on eight principles. (20 marks) [300-500 words]

2. Stakeholder analysis is one the of risk identification context techniques. Critically analyse this technique and evaluate “Time Focused Techniques” to apply appropriate project risk identification techniques for problem solving. (20 marks) [300-500 words]

3. Critically evaluate the roles and responsibilities of project managers and project risk managers. (20 marks) [300-500 words]

4. Critically analyse risk response planning strategies with risk and cost effectiveness to get the best response in risk management and explain decision tree analysis. (20 marks) [300-500 words] [TOTAL 60 MARKS]

SECTION B

Based on the Case Study: ZARA ANSWER ANY TWO QUESTION FROM THE THREE BELOW

5. Using evidence from the case study, identify the possible project threats and opportunities based on political, economic, sociological, technological, logical, and environmental factors using the related risk identification technique. Introduce the technique and assess the probability and impact of identified risks based on qualitative risk analysis. (20 marks) [300-500 words]

6. Using evidence from the case study, identify the possible weakness, strengths, threats, and opportunities using the related risk identification technique. Introduce the technique and assess the probability and impact of identified risks based on qualitative risk analysis. (20 marks) [300-500 words] 7. Using evidence from the case study, critically analyse the expansion using the related technique, introduce it and explain whether hiring new employees may be beneficial for ZARA. (20 marks) [300-500 words]

[TOTAL 40 MARKS]