508630 Project Risk Management Assignment

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Reference no: EM132820539

508630 Project Risk Management - Al Ain University

Luxor Technologies

Case Study

Question:

You are required to create a case report for Luxor Technology Case Study, by answering the following questions:

1. Write the problem statement of the case study?

2. What is/are the objective (s) of the risk assessment?

3. What is the risk assessment approach (risk analysis)?

4. Based on the scales against likelihoods and impacts/consequences, shown in Exhibit I&II. Illustrate the suitable range of CRITERIA of Context?

5. What type of Risk Identification tools or techniques the Luxor Company has used?

6. According to the prepared list of alternative courses actions by engineers, categorize the risk treatment options? (Hint: Lecture 10).

Attachment:- Project Risk Management.rar

Verified Expert

In this case study analysis the company’s future growth rate is described considering Luxor a strong candidate for engineering applications based on the outsource state-of-the-art development work. All the required outside vendor's proprietary information are included and the probability to show that Luxor might be having a backward integration. The aspect of manufacturing final products along with its costs may be heavily influence the costs of subcontractors. Luxor cannot continue to be a low-cost carrier. Layoffs are looming, but not even in the near future. It's possible that product marketing and distribution would need to be improved. Price reductions by Luxor's competitors can have a direct impact on Luxor's profitability prospects.

Reference no: EM132820539

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