Assignment Description: Managing Risk Section 1. Define the topic “Managing Risk” and explain the importance of it in the field of project management. Complete a literature survey describing state of the art now in project management. Section 2. Examples of projects where risk management went wrong. Describe in detail where the mistakes were made. Section 3. Examples of projects where risk management was key to success and did not cost mishaps. Correct and complete referencing and in-text citations must be used. Based on your literature findings, suggest future research directions in your topical area. This includes identifying holes/gaps in topic and new directions the research should be taken. The length of the report should be 8-10 pages.
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