Economics Case Study

The case study will give you the opportunity to deepen your knowledge and understanding of risk management. Your task will be to apply risk management concepts and strategies to analyze the situation of a specific project.

From the daily press (US or European), select an article (in English) that describes the project of a specific organization. The article should be sufficiently extensive and provide detailed information on the situation. Alternatively, search for information on the topic. After a detailed study, select one of the risk management approaches and use this approach to analyze the situation – the specific project and its risks.

Your analysis should include:
1. Summary of relevant information from the article on the organization and the project.
2. Identification of key elements and risks that affect the situation. A description of the relationships of these elements and how they interact.
3. Assessment of the situation. Must use RBS (Risk Breakdown Structure) in a specific case (make an RBS chart). Which elements and risk factors are key in this situation? Has the risk management approach chosen been effective or ineffective?
4. Conclusions. What new perspectives does your systems analysis bring? What are your risk management recommendations for your organization? What changes in risk management would you make if you implemented the project again?
5. Summarization of new knowledge (lessons learned).
6. Works Cited/List of used literature, which includes the article as well as other used sources.

You can also solve a case study of a specific well-known company (US or European, or international). 1500 to 2500 words, plus sources. APA format.