Project Management and Attitude towards Risk in UK Oil and Gas Sector

Running head: PROJECT MANAGEMENT AND ATTITUDE TOWARDS RISK
Project management and attitude towards risk
(Analysis of the UK oil and gas sector)
Name of the Student
Name of the University
Author’s Note

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PROJECT MANAGEMENT AND ATTITUDE TOWARDS RISK
Table of Contents
Research Methodology....................................................................................................................3
Research questions.......................................................................................................................3
Data collection methods..............................................................................................................4
Research design...........................................................................................................................5
Data Analysis...............................................................................................................................7
Research Approach......................................................................................................................9
Research Philosophy..................................................................................................................10
Ethical Consideration.................................................................................................................11
Appendix........................................................................................................................................13

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PROJECT MANAGEMENT AND ATTITUDE TOWARDS RISK
Research Methodology
Research methodology is a process, which helps in explaining the research questions
included in the research. Research methodology helps in understanding the process of carrying
out the research in a scientifically way. The Research techniques and tools are described in by
the chapter. The Data collection and analyzing technique has been discussed in the topic. The use
of the research design have helped in providing a proper description to design of research.
Selection of data collection process has been properly justified in the study. In addition, the
approach of the research is apportioned essentially into two arrangements, information gathering
system and data research considering. Analysis of data and information collected from various
sources have been proposed in this chapter.
Research questions
The research question are as following:
 What are the problems faced in the UK oil and gas sector?
 What are the risks involved in the UK oil and gas sector?
 What are recommended strategies for mitigating these problems in the UK oil and gas
sector?
These research questions have been crea6ed using the concept of the research study and
different current scenario in the literature and the rationale of the study. The current problems
faced by the UK oil and gas industry has been focused in research. The research has focused on
the concept of oil and gas industry in the UK. The problems in oil mining in project has been
identified. Different contracts have been related to the UK oil and gas sector. The primary aim of
research is to understand leadership in offshore engineering construction in the engineering

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PROJECT MANAGEMENT AND ATTITUDE TOWARDS RISK
market. The cost arrangement strategy has been discussed in the chapter. The purpose of the
doing the research is to analyze the project management risks and threats. The use of project
management in the study have helped in intoning the timeline of the research. Various tool and
techniques of the project management t ca be accessible for other people, project outcome can be
so boring. The use of the Australian Bureau policies have helped in maintaining the ethical
consideration in the research.
Data collection methods
Data collection is a process by which data and information related to the study are
collected properly. However, data collection methods are divided into two types including
primary and secondary method. The primary data collection deals with the raw data collected
from the primary sources. Primary data collection method can be divided into two types
including qualitative and quantitative data collection method. Quantitative data collection
method refers to the mathematical calculation data and information in the research. These
methods include online survey questionaries’ with close-ended questions related to the UK oil
and gas sector. Quantitative methods are cheaper than that of other data collection methods and
take short time for completion. Qualitative research methods contradicts the mathematical
approach in the data collection. It is rather close to emotions, feelings, sounds and words.
However, qualitative data collection methods include data collection from open-ended questions
in the interviews, focus groups and observations. This research has used primary data collection
method to collect data samples for the research study. An online survey form has been created
and uploaded on the website. The use of online survey form have helped in collecting data and
information from participants of the survey. The population size of the survey have been 120
workers in the oil and gas sector in the UK. Random sampling method has been used to select 75