Case studies are an important learning strategy in business classes as they provide an opportunity for you to
critically analyze events that have taken place in real-life businesses. This develops your critical thinking and
research skills as you research the competition and industry in which your business resides with an end goal of
formulating a recommendation for the challenges faced by the company.
Read “The Risk Management Department” case on pages 641–642 of your textbook. As you complete the
analysis, address the topics below in your case analysis.
Financial risk, strategic risk, operational-technical risk, and operational-safety risk represent project risk
sources within an organization. Discuss each from a theoretical aspect.
Evaluate which of the sources/risks above with which Cooper Manufacturing is involved. Explain the amount of
risk associated with each.
Explain scheduling techniques that Cooper Manufacturing might use to mitigate its risks.
Explain specific tasks that Cooper Manufacturing should use to manage its project risks.