BCPM0048: The Management of Large Projects and Programmes


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You are a member of the client executive team of a national large infrastructure project. By considering the above, you are asked to produce a report that:

  • Outlines the dominant/standard risk management approach
  • Makes a case that challenges the existing risk management approach
  • Provides a new ideology that drives the organisation owning the project
  • Produces an actionable agenda.


Mark scheme


Section Weighting


The Introduction should briefly introduce:

·       Problem statement,

·       state the objectives of the report,

·       provide insights regarding the report’s findings and

·       summarise the report structure.


Problem statement


The problem statement should:

·       briefly describe the existing regime (i.e. traditional risk management approaches) in the early phases of strategic planning of large projects and programmes;

·       its key shortcomings; and

·       the need for a new approach (i.e. flexibility).


Prompt: Consider the trade-offs of efficiency vs effectiveness.



Using academic literature sources, address the following question:


1.       What are flexible capital designs, and how, if used, can improve project performance?



To answer Question 1 consider ONLY ONE of the following areas:

•           Governance

•         Stakeholder management

•         Design strategies


The Analysis should:


  • capture and analyse data
  • show the quality and depth of analysis,
  • clearly present the quality of results


Your concluding section should:

  • Present the last word on the issues you raised in your report. Just as the introduction gives a first impression to your reader, the conclusion offers a chance to leave a lasting impression. Do this, for example, by highlighting key points in your analysis or findings. Summarizing your thoughts and conveying the larger implications of your report. The conclusion is an opportunity to succinctly answer the “so what?” question.
  • Provide managerial recommendations as a reflection of your analysis.

  • Use clear Headings.
  • Your paper should not go beyond the word limit
  • You are strongly advised to use tables and figures to summarise key points of the literature review or findings (wherever possible)
  • Do not include an abstract/Exec summary
  • Do not include a table of contents
  • Use Harvard style for referencing sources
  • Arguments are made stronger if they are supported by evidence (i.e. source)
  • Introduce and Cross-reference any table or figures in the main text
Total 100%



Word Count/Length

Your paper should be 3,000 words (excluding tables, figures, reference list) in length and must not exceed this number. Your paper should draw on theory and concepts and this must be referenced according to the UCL student handbook.

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