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:
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.
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:
• Stakeholder management
• Design strategies
The Analysis should:
Your concluding section should:
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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