Question: 1 . ( a ) Outline five different risks that could occur on a new product design & development project to create a novel floating

1.(a) Outline five different risks that could occur on a new product
design & development project to create a novel floating offshore
wind platform. (5 marks)
(b) Explain the stages involved in the Risk Management process
and what is required at each stage of the process (5 marks)
(c) Using a high-profile project management example, explain in
detail the risks that occurred the project in question and the how
the failings of the projects could have been reduced through
effective risk management. (10 marks)
(d) Explain when you might use a feasibility study in a project, what
purpose they serve and what factors you need to consider in
scoping a feasibility study. (5 marks)

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