The Recovery Plan Project Case
For this assignment, you will capture information that could form the appendices for your final paper.
Capture the following information:
Identify risks and categorize each risk. Note: The categorization is up to you, but you might include such considerations as external risks (e.g., regulatory or currency changes) and technical risks (e.g. complexity or design).
Prioritize the risks and discuss their severity.
Identify management response strategies for the risks.
Develop a Risk Breakdown Structure (RBS).
Include one current scholarly source from the Library that you are likely to use in your final paper, exclusive of any course textbooks or lecture material.
Format your submission, including references page, according to the APA format
The Recovery Plan Project
Read the Recovery Plan project:
Van Wyk, Bowen, Akintoye. (2008). Project risk management practice: The case of a South African utility company (Links to an external site.). International Journal of Project Management, 26(2), 149-163.
Examine the project management issues detailed in the case, including those concerning procurement, contracts, and risk management.
In no more than one page, give an overview of the case and the project management issues to be covered in more detail.
Discuss, in logical order, the following topics: (Note: You must determine the logical order of these topics; this is part of your grade. See the grading rubric in this week’s folder.)
Risk assessment and prioritization
Risk response for prevention
Mitigation or contingent actions
The fundamental conceptual steps used to respond to project risks
The strengths and weaknesses of the project risk management practices
In an appendix, identify the risks and categorize each one. (This categorization is left to you; however, you might include external risks, such as regulatory and currency changes, or technical risks, such as complexity or design.) You must discuss the appendix in the body of your paper. In other words, do not simply say “see appendix,” but rather explain what the appendix covers.
Discuss the prioritization of the risks identified, their severity, and the management response strategies
Write a paper addressing the Recovery Plan project. Your paper should be 8-10 pages in length, not including the required title and references pages and the appendix.
Support your paper with a minimum of three to four current scholarly sources from the Library (no older than five years). This is in addition to any course textbooks or lecture material you decide to use. Of course, you may always exceed the minimum number of sources.
Assess and critique the risk response strategies used and identify a minimum of three new recommended risk response strategies in response to the risks identified.
Pages 36, 37, 54, 55, 93, & 215 in Mastering Risk and Procurement
Noakes-Fry, K. (2016). Part II: Contracting for a resilient supply train. In K. Noakes-Fry (Ed.), Creating and Maintaining Resilient Supply Chains (64-101). Brookfield, CT: Rothstein Publishing.
Vereen, S. C., Sinacori, B., & Back, W. E. (2016). Critical risk considerations for cost estimating on international construction projects. International Journal of Construction Project Management, 8(2), 153-169.
Yamin, M., & Sim, A. K. S. (2016). Critical success factors for international development projects in Maldives: Project teams perspective. International Journal of Managing Projects in Business, 99(3), 481-504.
Das, A. (2013, October 29). Anti-dumping agreement: Overview. Centre for WTO Studies. UNESACP ITC Technical Capacity Building Workshop on Afghanistans Accession to WTO. Retrieved from http://www.unescap.org/sites/default/files/Third%20Technical%20Workshop%20on%20Afghanistan%27s%20Accession%20to%20the%20World%20Trade%20Agreement%20-%20WTO%20Agreement%20on%20Anti-dumping%20by%20Prof.%20Abhijit%20Das.pdf
Dodge, W. S. (2015, December). International comity in American law. Columbia Law Review, 15(8), 2071-2141.
International Contract Law and Administration. (2013). In M. H. Ferrara (Ed.). Gale Business Insights Handbook of Global Business Law (pp. 191-200). Retrieved from http://link.galegroup.com/apps/doc/CX2759300026/GVRL?u=coloradosu&sid=GVRL&xid=894ebbd0.
International Trade Administration. (2016a). Cash in advance. Retrieved from https://www.export.gov/article?id=Cash-in-Advance
International Trade Administration. (2016b). Letters of credit. Retrieved from https://www.export.gov/article?id=Letters-of-Credit-and-Documentary-Collection
Joshi, A. S., & Neumann, G. (2012, May 8). A primer for Alien Tort Claims Act. Retrieved from http://apps.americanbar.org/litigation/committees/businesstorts/articles/spring2012-0512-primer-alien-tort-claims-act.html
Kerzner, H. R. (2013). Project management: A systems approach to planning, scheduling, and controlling (11th ed.). Wiley: New York.
Lenaghan, J. M. (2018). Tort liability of school districts, officers, and employees. Retrieved from https://eric.ed.gov/?id=ED088234
Struett, M. J., (2016). American governance. In S. Schechter, T. S. Vontz, T. A. Birkland, M. A. Graber, & J. J. Patrick (Eds.), Vol. 3. Farmington Hills, MI: Macmillan Reference USA.
U.S. Census Bureau. (2018). Guide to foreign trade statistics. Retrieved from https://www.census.gov/foreign-trade/guide/sec2.html
U.S. Department of Justice. (2018). Foreign Corrupt Practices Act. Retrieved from https://www.justice.gov/criminal-fraud/foreign-corrupt-practices-act
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