Write a paper which critically discusses risk management within projects. Risk management is the application of policies, approaches and a process to deal with different types of risks faced by a single project or an organization as a whole. Your assignment should specifically focus on the process of managing risks within projects. You can chose to analyse only one step within the process (e.g. identification) or the whole process of risk management.

• You should select one project as a case study. The project could be in a commercial/private organisation, a public sector organisations and/or a public-private partnership.

• You should select an appropriate risk management model or framework (from the literature) to use in the analysis. This model or framework could be a tool for risk identification and classification, risk assessment, risk response, general risk management or some combination thereof. The model or framework should form the basis of the critical analysis of the case study you have chosen.

• The rationale for the choice of both the framework or model, and the case study, should be articulated.

A model is a conceptual tool of analysis; it typically highlights the relationship between some of the elements of the item under analysis.

A framework is a conceptual tool which provides guidance; it typically offers a set procedure to be followed in order to achieve a desired outcome. When using a framework for analysis, the framework is typically used as a benchmark against which to assess the entity under analysis.

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2: Structure of the Paper
The suggested structure for the paper is as follows:
• Keywords
• Abstract
o A concise summary of the paper outlining:
o the context (why the topic is important),
o the aim (possibly in the form of a research question),
o the framework or model used in the analysis,
o the project chosen and the rationale for the choice,
o the project data used (and how it is collected),
o the key findings, and
o the contribution to the domain (the new insights the work provides).
o It should be no more than 200 words in length
• Introduction
o Overview
o Research aim (possibly in the form of a research question)
o Structure of the paper
• Background
o Discussion of the chosen project
• Literature Review
o A critical (evidence-based) discussion of relevant risk management models and/or frameworks, including a review of the chosen framework/model.
o A discussion of the nature of risks faced by projects in the sector(s) of the chosen case study.
• Research Method
How the research objective is to be achieved:
o The model or framework which will be used to analyse the case study, the rationale for its choice, and how the analysis will be conducted
o The case study project and the rationale for the choice
o The data sources to be used in the analysis
• Analysis
o Analysis of the case study project using the selected model or framework (as outlined in the Research Method section)
• Discussion of Findings
o Collation and interpretation of the findings
o Discussion of the likely implications for the project (and other similar projects)
o Propositions summarising any new insights relating to the framework or model which the analysis demonstrates the validity of
• Conclusions & Recommendations
o Summary of the findings
o Contribution of the paper to the (literature in the) domain
o Recommendations for risk management in similar projects
o Recommendations for further research in this area
• References
• Appendices