Assessment Information/Brief 2019/20
Module title
Project Risk and Procurement Management
Level
7
Assessment title
Assignment 1: Risk Management
Weighting within module
This assessment is worth 50% of the overall module mark.
Submission deadline date and
time
See OnlineCampus
Module Leader/Assessment set by
How to submit
You should submit your assessment via OnlineCampus.
Assessment task details and instructions
The “management of risk” is perhaps easier to understand in theory rather than manage
in practice. It is a complex and complicated idea, especially in terms of how we are to
manage it. How can we define what we mean by ‘risk’ and how can it be managed
successfully in large and small projects?
You are required to critically analyse the concept of risk; discuss how it can be measured
and ranked and outline how a project risk management strategy may be constructed for
an international telecommunications project involving stakeholders in Europe, Saudi
Arabia, and the United States. In completing this assignment, you should discuss both
theoretical and practical risk management strategies and how these can assist in
minimising risk for your project.
You will need to take the following into account when completing your assignment.
•
Establishment of relevant theory (e.g. what do we mean by risk in a project
management context and what is the relationship between risk and risk management in
Assessment Information/Brief
1
theoretical terms; and how do individual attitudes to risk interact with organisational risk
appetite?).
•
Allocation of credit and sources used; (have I included references and citations to
the material I have used?).
•
Clarity of argument and relevance to the project management context.
•
Overall report presentation including spelling and grammar.
•
Adherence to nominated word limit (+/- 10%).
This coursework should follow a structured approach and should be prepared and presented as
a professional business report. You should undertake a relevant literature review that helps
inform your investigation. Please also ensure that the Harvard Referencing System is adhered to
and fully complied with.
NB:
Please add student identity number to the header of each page of your report but not the name
Please ensure you put your word count on your title page.
University lateness and plagiarism rules apply.
Please follow a report format. Therefore, you should have a title page, abstract, contents page, sections
and sub sections, page numbers, appendix section etc. Please note if you are uncertain on how to present
and structure a report then visit the university library and ask for assistance.
Please do use diagrams, illustrations, tables, graphics etc. wherever these are helpful, and remember that
these do not count towards your word limit. If you do use these, please do not put them in the appendices
if they are part of your discussion. Appendices are the appropriate place to put supporting material,
however, remember if the reader is satisfied with the main points of your discussion, the supporting
information within the appendices may not even be reviewed.
Please try to use theory explicitly at all stages, but do not spend too much time describing a theory. While
you must be explicit about the theories, models, techniques etc. that you use, you can assume that the
reader is familiar with them. What the reader requires is evidence of your ability to understand and apply
the theory and learn from it in order to support the development of your findings and/or ideas.
You must cite all sources on which you have relied, for example textbooks, journal articles, web pages etc.
using the Harvard Bibliographic referencing system. If you do not cite all sources, then you may be accused
of plagiarism, and that may endanger your success in passing the module. If you are in any doubt about
how to reference your work, please obtain guidance from the library and/or your academic librarian(s) for
this module.
Assessed intended learning outcomes
On successful completion of this assessment, you will be able to:
Knowledge and Understanding
On successful completion of the module the student will be able to:
Assessment Information/Brief
2
1. Locate, synthesise and critically evaluate recent/current information from a wide range of
published literature in the areas of Procurement, Risk, and Contract Management.
2. Apply knowledge of the theory and practice of Procurement, Risk, and Contract Management to
develop insights into and solve current problems.
3. Critically evaluate the use of complex models of Procurement, Risk, and Contract Management;
systematically and creatively making sound judgements based on the systematic analysis and
creative synthesis of ideas.
4. Critically and effectively assess the value of theories, concepts and models to the practice of
Procurement, Risk, and Contract Management.
Practical, Professional or Subject Specific Skills
1. Leads by example - as high levels of self-awareness, emotional and social intelligence, empathy
and compassion, and able to identify mental well-being in others. Work collaboratively enabling
empowerment and delegation - acts with humility and authenticity, is credible, confident and
resilient.
2. Judgement and Challenge - Takes personal accountability aligned to clear values. Demonstrates
flexibility and willingness to challenge when making decisions and solving problems - instils
confidence demonstrating honesty, integrity, openness, and trust.
3. Courage & Curiosity - is confident and brave, willing to innovate, seeks new ideas and looks for
contingencies. Manages complexity and ambiguity, comfortable in uncertainty, and is pragmatic.
4. Valuing Difference - engaging with all, is ethical and demonstrates inclusivity, recognising
diversity, championing, and enabling cultural inclusion. Empowers and motivates to inspire and
support others.
5. Professional Reflects on own performance, demonstrates professional standards in relation
behaviour and ongoing development. Advocates the use of good practice within and outside the
organisation.
Transferable Skills and other Attributes
1. Develop their critical skills, especially in relation to published literature in the field.
2. Work independently and with others in analysing and presenting solutions to Procurement, Risk,
and Contract Management problems.
3. Locate and synthesise information from a range of published literature and electronic sources and
present this effectively in both oral and written forms.
4. Take responsibility for personal learning and continuous professional development.
5. Make decisions in complex and unpredictable situations.
Module Aims
Allow students to develop an in-depth understanding of Procurement, Risk, and Contract
Management.
Provide students with an overview of project risk in order to maximize the probability and
consequences of positive events and to minimize the probability and consequences of adverse
events to project objectives.
Provide students with the skills to effectively manage procurement processes in a multitude of
environments.
Word count/ duration (if applicable)
Assessment Information/Brief
3
The maximum word count is 3000 words (+/- 10%). Your word count is from the introduction to
conclusion sections. Therefore, it does not include title page, contents page, reference section,
appendices etc. If the assignment exceeds these limits, the work in excess of 3’300 words is not
marked.
Feedback arrangements
You can expect to receive feedback
Two working weeks (excluding University Seasonal Closing) after the submission date.
Marks and written feedback will be available on the OnlineCampus
o You will need to log into the full site to access the written feedback.
o An announcement will be made informing you of the release.
Support arrangements
You can obtain support for this assessment by attending your module lectures and through the
dedicated forum thread.
askUS
The University offers a range of support services for students through askUS.
Good Academic Conduct and Academic Misconduct
Students are expected to learn and demonstrate skills associated with good academic conduct
(academic integrity). Good academic conduct includes the use of clear and correct referencing
of source materials. Here is a link to where you can find out more about the skills which
students require http://www.salford.ac.uk/skills-for-learning.
Academic Misconduct is an action which may give you an unfair advantage in your academic
work. This includes plagiarism, asking someone else to write your assessment for you or
taking notes into an exam. The University takes all forms of academic misconduct seriously.
You can find out how to avoid academic misconduct here https://www.salford.ac.uk/skills-forlearning.
Personal Mitigating Circumstances
If personal mitigating circumstances may have affected your ability to complete this
assessment, you can find more information about personal mitigating circumstances procedure
here.
Student Progression Administrator
If you have any concerns about your studies, contact StudentCare.
Assessment Information/Brief
4
Assessment Criteria
You should look at the assessment criteria to find out what we are specifically looking at during
the assessment.
Marking Scheme
Criteria
Marks
Use of theory
30
Examples
30
Quality of argument
10
Reference to course ideas
10
Citation and References
10
Conclusions
10
This is the Level 7 undergraduate Generic Grade Descriptors for ‘Knowledge’
Outstanding - 100-90
o Outstanding knowledge. Theory is linked to practice to an exceptional level and
may be used to formulate new questions, ideas or challenges.
Excellent – 80-89
o Integrates the complexity of a range of knowledge and excellent understanding of
its relevance.
o Excellent depth of knowledge in a variety of contexts. Coherent and systematic
application of theory to practice
Very Good – 70-79
o Comprehensive knowledge demonstrating very good depth and breadth. Clear
insight into links between theory and practice. Demonstrates ability to transfer
knowledge between different contexts appropriately. Consistently accurate level
of knowledge in depth and breath.
Good – 60-69
o Consistently relevant accurate knowledge with good depth and breadth. Clear
and relevant application of theory to practice. Good identification of key themes.
Good demonstration of depth and breadth of knowledge.
Fair – 50-59
o Mostly accurate knowledge with satisfactory depth and breadth of knowledge.
Sound integration of theory and practice with satisfactory identification of key
themes. Fair demonstration of depth and breadth of knowledge.
Adequate – 40-49
o Basic knowledge with occasional inaccuracies appropriate yet basic integration of
theory and practice. Superficial depth or limited breadth with unsatisfactory
identification of key themes. Basic knowledge demonstrated with some
inaccuracies.
Unsatisfactory – 30-39
Assessment Information/Brief
5
o Limited evidence of knowledge. Inappropriate links between theory and practice.
o Inadequate identification of key themes.
Poor – 20-29
o Inconsistent or inaccurate knowledge. Limited and inappropriate or inaccurate
links between theory and practice. Poor identification of key themes.
Very Poor – 10-19
o Virtually no relevant knowledge demonstrated. Fails to adequately demonstrate
links between theory and practice. Very poor identification of key themes.
Extremely Poor – 1-9
o Totally inadequate demonstration of required knowledge. Not able to link theory
to practice. No appropriate themes identified.
You should consult Level 7 Generic Grade Descriptors for detailed grade/mark descriptors.
90-100
80-89
70-79
60-69
50-59
40-49
0-39
Standard
comparable
to journal
publication
Standard
comparabl
e to
conference
paper
publication
Distinctive
work for
Masters
level
Merit work
for Masters
level
Acceptable
for Masters
Below
Masters
pass
standard
Significantly
below
Masters
pass
standard
Scope
Outstanding
clarity of
focus,
includes
what is
important,
and
excludes
irrelevant
issues.
Excellent
clarity of
focus,
boundaries
set with no
significant
omissions or
unnecessar
y issues.
Clear focus.
Very good
setting of
boundaries
includes
most of
what is
relevant.
Clear scope
and focus,
with some
omissions or
unnecessar
y issues.
Scope
evident and
satisfactory
but with
some
omissions
and
unnecessar
y issues.
Poorly
scoped,
with
significant
omissions
and
unnecess
ary issues.
Little or no
scope or
focus
evident.
Understand
ing of
subject
matter
Outstanding
with critical
awareness
of relevance
of issues.
Outstanding
expression of
ideas.
Excellent
with critical
awareness
of
relevance
of issues.
Excellent
expression
of ideas.
Very good
with critical
awareness
of
relevance
of issues.
Outstandin
g expression
of ideas.
Good with
some
awareness
of
relevance
of issues.
Ideas are
expressed,
with some
limitation.
Basic with
limited
awareness
of
relevance
of issues.
Limited
expression
of ideas.
Poor with
little
awareness
of
relevance
of issues
Little or no
understandi
ng of
subject
matter is
demonstrat
ed.
Comprehen
sive
literature
review.
Evaluation
and
synthesis of
source
material to
produce an
outstanding
contribution.
Excellent
independen
t secondary
research.
Sources are
evaluated
and
synthesized
to produce
an excellent
contribution
.
Very good
independe
nt
secondary
research.
Sources are
evaluated
and
synthesized
to produce
a very good
Good
secondary
research to
extend
taught
materials.
Evidence of
evaluation
of sources,
with some
deficiencies
in choice
Limited
secondary
research to
extend
taught
materials.
Limited
evaluation
of sources,
deficiencies
in choice
Little or no
extension
of taught
materials.
Poor
choice
and
synthesis
of
materials.
Poor use of
taught
materials.
No
synthesis.
Criterion /
Mark range
Overall
level
(indicative
– not for
grading)
Literature
Assessment Information/Brief
6
contribution
.
and
synthesis.
and
synthesis.
Critical
analysis
based on
evidence
Standard of
critical
analysis –
showing
questioning
of sources,
understandi
ng of bias,
independen
ce of
thought
Excellent
standard of
critical
analysis –
excellence
in
questioning
of sources,
understandi
ng of bias,
independen
ce of
thought
A very
good
standard of
critical
analysis.
Sources are
questioned
appropriate
ly, and a
very good
understandi
ng of bias,
showing
independe
nce of
thought
Critical
analysis with
some
questioning
of sources,
understandi
ng of bias,
independe
nce of
thought.
Analysis
evident but
uncritical.
Sources are
not always
questioned,
with limited
independe
nce of
thought.
Little or no
analysis.
No valid
analysis.
Structure of
argument,
leading to
conclusion
Well
structured,
compelling
and
persuasive
argument
that leads to
a valuable
contribution
to the field
of study,
paving the
way for
future work
Argument
has
excellent
structure
and
persuasiven
ess, leading
to very
significant
insights and
relevant
future work.
Wellstructured
and
persuasive
argument
Insightful
conclusion
draws
together
key issues
and
possible
future work.
Structured
and fairly
convincing
argument
leads to
conclusion
that
summarises
key issues.
Argument
has some
structure
and
developme
nt towards
conclusion
with
limitations in
summary of
issues.
Argument
is
unstructur
ed, no
recogniza
ble
conclusio
n.
No
evidence
of
argument
or
conclusion.
In Year Retrieval Scheme
Your assessment is not eligible for in year retrieval.
Reassessment
If you fail your assessment, and are eligible for reassessment, you will need to resubmit in a date
that will be notified to you. For students with accepted personal mitigating circumstances, this will
be your replacement assessment attempt. Students should be aware that there is no late submission
period at reassessment (this includes those students who have an accepted PMC request from a
previous attempt). If a student needs to be reassessed, s/he will be given a new assignment brief
with a deadline, which will be provided by the School.
Assessment Information/Brief
7
Purchase answer to see full
attachment