Read “The Risk Management Department” case on pages 641–642 of your textbook. As you complete the analysis, address the topics below in your case analysis.
- Financial risk, strategic risk, operational-technical risk, and operational-safety risk represent project risk sources within an organization. Discuss each from a theoretical aspect.
- Evaluate which of the sources/risks above with which Cooper Manufacturing is involved. Explain the amount of risk associated with each.
- Explain scheduling techniques that Cooper Manufacturing might use to mitigate its risks.
- Explain specific tasks that Cooper Manufacturing should use to manage its project risks.
In formatting your case analysis, do not use the question-and-answer format; instead, use an essay format with subheadings. Your APA-formatted case study should be a minimum of two full pages in length (not counting the title and reference pages). You are required to use a minimum of three academic sources that are no more than 5 years old (one may be your textbook). All sources used, including the textbook, must be referenced; paraphrased material must have accompanying in-text citations. A minimum of three in-text citations are required.
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