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1.1 "Early examples focused on capturing emissions from coal-fired power plants, while on the storage side,CO2was often injected into petroleum reservoirs to extract oil, a technique known as "enhanced oil recovery". Soth applications uncertain events may occur in this projec . As the appointed project mor CCS projects." "There is a high possibility that to ensure that all element of uncertainty that may impact the successful achievement of the project objectives, are identified on the appropriate project management document. Define the document referred to and provide the elements of the particular document. 1.2 One of your duties as a Project Manager, is to ensure the realization of effective risk mitigation process, the process require an essential technique called risk monitoring. State and discuss the activities involved in risk monitoring.1.3"The report did not say how much the planned projects would cost, but the Global CCS Institute last year estimated between$655billion and$1.28trillion of investment in carbon-capture technologies could reduce emissions by15%by 2050 - which it argued was "well within the capacity of the private sector". Global CCS Institute is aware that uncertain events in a project may occur. Global CCS Institute approached you as a consultant to advice on approaches to uncertain events (positive \& negative) that may occur in a project. Advice and deliberate on each approach to uncertain event (positive \& negative) that may occur in a project. (20 marks) You are requested to conduct training golden rules of project risk management. State and discuss ten golden rule of project risk management.

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Operations Management

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