Homework: Gas injection project in Oman
Read the gas injection project case:
Khadem, M., Piya, M., & Shamsuzzoha, R. (2018). Quantitative risk management in gas injection project (Links to an external site.): A case study from Oman oil and gas industry. Journal of Industrial Engineering International, 14(3), 637-654
I. Examine the project management issues detailed in the case, including those concerning procurement, contracts, and risk management.
II. In no more than one page, give an overview of the case and the project management issues to be covered in more detail.
III. Discuss, in logical order, the following topics/questions: (Note: You must determine the logical order of these topics; you will be graded on this requirement. See the grading rubric in this week's folder.)
i. Who are the stakeholders?
ii. What are the risks with highest risk levels and the major risks impacting the project's cost
iii. What risk responses do you think will be effective in treating the project risks identified (provide a minimum of five risk response strategies)
iv. What are the other project risks?
v. Describe the Monte Carlo method used in the case study and describe its benefits from the risk quantification and analysis perspective
Format your homework according to the following formatting requirements:
i) The answer should be typed, using Times New Roman font (size 12), double spaced, with one-inch margins on all sides.
ii) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.
iii) Also include a reference page. The Citations and references must follow APA format. The reference page is not included in the required page length.