Pproject Management: Risk Assessment in Global Projects

Risk Assessment in global projects
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Risk Assessments in Global Project
Stanleigh, Michael. (2015). Risk Management…the What, Why, and How;bia.ca.  HYPERLINK "https://bia.ca/risk-management-the-what-why-and-how/" https://bia.ca/risk-management-the-what-why-and-how/
Michael Stoneleigh defines risk assessment as a process of quality problem solving. In his article, Michael gives steps for risk assessment that include risk identification, risk assessment; risk response and risk prevent measures. According to this article, the identification of risk involves brainstorming. During the brainstorming stage the management should identify potential risks that can occur in the company. After identification, Michael states that the risks should then be prioritized and categorized. According to Michael (2016), risks that have higher probability of occurring and risks that have higher impacts should first be managed. The second step in risk assessment as per this article is risk assessment. The author states that the cause of the risk and its impact on the project should be analyzed. Third, responses to the risk should be formed. This article states that preventive measure should then be laid down to reduce the likelihood of the risk occurring.
McLaughlin, John., Ocock, Michael,. & Trebes, Barry. (2015). Global Risk Assessment and Strategic Planning: An introduction and facilitator's guide to the GRASP methodology
Global Risk Assessment and Strategic Planning is a book with personalized reference information for project managers. The book contains risk-based techniques and strategic processes for decision-making that helps achieve successful projects with lesser risk occurrences. The authors have used risk assessment and front end strategic planning to awaken teamwork in management. The method featured in the book also merges perspectives from different multi – stakeholders to enhance knowledge base and awareness of the management team. The authors further identify potential projects’ risks, and gives effective ways of dealing with the risks. The book finally advices how project management can expand clearer picture and better understanding of success of a project’s objectives, criteria, opportunities and risks to make sure there are higher chances of success at the end of the project.
Binder, Jean. (2016). Global Project Management: Communication, Collaboration and Management ...Routledge London and Ney York.
The author of this book takes the reader through a journey of global project success. She explains to the reader why generic projects get good management in some countries while in other countries they are barely understood despite the communication and project scope being similar. This book is written in an easy to understand format where the reader is coached on global communication, cross cultural collaboration organizations, coaching over distance, tools among other topics. Jean Binder uses a methodical approach while dealing with major concepts like the complicated Global Project management problems. The book not only highlights risky issues in global management, it also gives solutions to the problems.
Aminbakhsh, Saman. (2013)...