This paper discusses the risk management and procurement strategy for the Wembley Stadium project. It explores the risks associated with stakeholders, such as injuries on site, financial shortage, flooding, disagreements with subcontractors, and damages/theft of equipment. It also evaluates the likelihood of occurrence, consequences, and mitigation strategies for each risk. The paper further discusses the procurement strategy and the management of procurement risks.

Project Risk, Procurement and Quality Management

The assignment requires the students to choose two out of three topics (quality, risk, and procurement management) and answer associated questions.

Examining risks in completing the Wembley Stadium project, causes, consequences, procurement strategy, likelihood, and mitigation measures.

Risk Management and Procurement Strategy for Wembley Stadium Project

Project Management

This article discusses the project management scenarios of the construction of Wembley Stadium and Berlin Brandenburg Airport, highlighting the failures and observations. It emphasizes on the importance of proper procurement processes, cost estimation, time scheduling, risk management, and communication with stakeholders.

Risk Management and Procurement Strategy for Wembley Stadium Project

About This Document

Project Analysis: Wembley Stadium and Berlin Brandenburg Airport

Risk Management and Procurement Strategy for Wembley Stadium Project

About This Document

Project Analysis: Wembley Stadium and Berlin Brandenburg Airportlg...

Project Analysis: Wembley Stadium and Berlin Brandenburg Airport