NDLI: Risk Management and Evaluation in Project Life Circle Based on the Sodor Oil Terminal Case Study

Content Provider	IEEE Xplore Digital Library
Author	Dishi Xu Xianggang Hua Shuobo Xu
Copyright Year	2011
Abstract	The purpose of this article is to sketch out the various general risk issues in the period of project management based on the Sodor Oil Terminal case study and establish risk management strategies and actions including avoidance, transference, Mitigation and acceptance. this paper uses project management techniques such as Earned Value Methodology, Scope Change Control, WBS (work breakdown structure) and Data Capture to monitor and ultimately control projects so that they can be completed with constrain of time and cost. Empirical results show that only when risk is understood roundly, risk management could be carried out correctly and the best strategy can be identified, and then design specific actions can be taken to implement that strategy. So if an unanticipated risk emerges, or a risk's impact is greater than expected, the project manager and the supervisor can perform additional response planning such as choosing alternative response strategies, implementing a contingency plan, taking corrective actions and re-planning the project to control the risk.
Starting Page	85
Ending Page	88
File Size	300763
Page Count	4
File Format	PDF
ISBN	9781457714191
DOI	10.1109/ICM.2011.235
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2011-09-24
Publisher Place	China
Access Restriction	Subscribed
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Project manageement Risk issues Schedules Risk evaluation Project management Process control Control systems Risk management Monitoring
Content Type	Text
Resource Type	Article

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
8	Digital Preservation Centre (DPC)	Assistance with digitizing and archiving copyright-free printed books	dpc@ndl.gov.in
9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

Scope management and change control process study for project-based companies in the construction and engineering industries

The cost control of communication construction projects: Case study of Zhejiang Post and Telecommunication Construction Corporation

The Information System Engineering Supervision Based on Software Engineering Theory

Study of claim identification model in international project based on process control ideology

A universal management and monitoring process for testing

Key Successful Factors on Information Identifying and Assessing of Enterprise Risk Management

Notice of RetractionThe model for risk identification based on systems engineering

Model of project management based on system approach

Study on Life Cycle Management of Project Integration Based on Sand Table Simulation

Risk Management and Evaluation in Project Life Circle Based on the Sodor Oil Terminal Case Study

Similar Documents

Scope management and change control process study for project-based companies in the construction and engineering industries

The cost control of communication construction projects: Case study of Zhejiang Post and Telecommunication Construction Corporation

The Information System Engineering Supervision Based on Software Engineering Theory

Study of claim identification model in international project based on process control ideology

A universal management and monitoring process for testing

Key Successful Factors on Information Identifying and Assessing of Enterprise Risk Management

Notice of RetractionThe model for risk identification based on systems engineering

Model of project management based on system approach

Study on Life Cycle Management of Project Integration Based on Sand Table Simulation

Risk Management and Evaluation in Project Life Circle Based on the Sodor Oil Terminal Case Study