PURPOSE: The assignment project aims to impart knowledge on the project risk management field and understanding on the major functions of project risk management. REQUIREMENT/ ASSIGNMENT QUESTION:...

PURPOSE: The assignment project aims to impart knowledge on the project risk management field and understanding on the major functions of project risk management. REQUIREMENT/ ASSIGNMENT QUESTION: Answer all the TWO (2) questions. 1. Eco World Development Group Berhad is a public listed Malaysian company involved in property development The company emerged and spread across three key economic regions in Malaysia with 17 development projects in total. The project involved includes new townships, integrated commercial development, luxury high rise apartments and green business park. a) Explain the company profile and motive of the company to invest in luxury property project. (10 marks) b) Describe the potential operational risk faced by the company if the priority of the projects is more on luxury and commercial project. (10 marks) 2. Al Sahel Contracting Company one of top construction company in Dubai was interested to sign memorandum collaboration with Eco World Development Group Berhad. . Thus, as a Project Manager in the company, you are required to prepare a business preview to the representative from Al Sahel. The business preview must be comprehensive and detailed on the good projection of risk management in previous company projects and assurance on the project break even. As such the information below is necessary for the business preview. a) Describe the tools and techniques being used by project manager in managing risks in a company project and describe on the qualitative and quantitative risk analysis that had been implemented by the company in order to mitigate and control risks in project management. (20 marks) b) Explain on the content of company’s risk management report and the important of achieving risk efficiency in the company’s project. (10 marks)