This assignment analyzes the importance of effective project management, particularly focusing on risk identification and mitigation. It examines the impact of poor project management practices and highlights the value of a robust risk management framework. The provided articles discuss the relationship between project success and effective project management execution, as well as methods for measuring performance and achieving successful outcomes. A closure checklist outlines key project milestones and stakeholder responsibilities, while a MOV (Measures of Value) analysis identifies the system's potential impact on financial, strategic, customer, social, and operational aspects.