Essay D31VR: Value and Risk Management – Watkins Jones Group Case Study – Risk Management Assignment Help

Assignment Task:

Scenario Driven by the significant and fast advancement of international higher education in Dubai, Watkins Jones Group decided to develop a purpose-built student accommodation in Dubai, and they have been granted a plot in Dubai International Academic City (DIAC) area. The Client has recently developed similar projects in the UK; however, this is their first endeavor in the UAE market. 

RISK
1- Risk Management Report
The client decided to implement one of the proposed Value Engineering options you recommended above. Considering you are the project manager for the project at the
construction stage, carry out a risk assessment for the execution of the proposed option at the construction stage and present it in the form of a short report and risk register.
2- Risk Management Essay
NB This part is not related to the case study scenario Prepare a short essay that evaluates the application of Risk Management within a
construction industry sector of your choosing and in a global region of your choosing. The essay should cite references that support your arguments. Indicative word count for the essay is 1500 words.

You may wish to think about the following when preparing your essay. (These are pointers and not intended to be prescriptive. You may choose to concentrate on particular issues here or advance your own)

• What are the types of risk associated with your chosen sector?
• Is there evidence of risk leading to poor performance within your chosen sector?
• Is there evidence of established RM practice in your chosen sector?
• What type of RM processes might usefully be applied in your chosen sector and who are the parties involved?