Development of Project Risk Management System for Progressive Metro Rail Corporation in the National Capital of Emerging Asian Economy (A)

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Abstract

The case discusses the situation of Mr. Madhavan, Managing Director of the Progressive Metro Rail Corporation, following the mayhem at the construction site of the metro. He has to submit a comprehensive risk management system to the Chief Minister and the cabinet ministers. Before developing a risk management system, it is imperative to create a work breakdown structure (WBS) up to level 3. The risk management system should be integrated to the WBS. This case demonstrates a step-by-step process to create a proper WBS through a series of meetings with the stakeholders.

Additional Information

Product Type Case
Reference No. PSG0144(A)
Title Development of Project Risk Management System for Progressive Metro Rail Corporation in the National Capital of Emerging Asian Economy (A)
Pages 19
Published on Apr 27, 2022
Authors Dutta, Goutam; Sarkar, Debasis; Viswanath, Ashna;
Area Public Systems Group (PSG)
Discipline Public Policy and Law
Sector Infrastructure, Public Sector, Transportation and Logistics
Learning Objective 1. To list down the activities involved in the project. 2. Developing a Work Breakdown Structure (WBS). 3. Identifying the Stakeholder. 4. Interest Influence Diagram.
Keywords Work Break Down Structure; Stakeholder Analysis; Metro Construction; Project Risk Management; Activity & Sub-Activity
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