Help me study for my Business class. I’m stuck and don’t understand.
DETAILS: This assignment is focused on applying what you have learned so far regarding risk to assess a case study - the Titanic. Most of us are familiar with the Titanic and the tragedy associated with its ultimate sinking due to the impact with an iceberg. As with Week 2, we are using a historical project that ended tragically to study and assess risk. Often, we do learn a great amount from looking at failed projects. In this case, you will look at the Titanic tragedy through the lens of a project manager.
Although we all tend to focus on the end result - the sinking of the ship, for this assignment, you will need to take a few steps back and start with the beginning of the project to see what was done right and what could have been done better. We will focus primarily on "risk" and "risk assessment," but you need to put on that critical-thinking hat and carefully analyze the entire project lifecycle from inception to planning to execution to the hand off to the customer and ultimately ending with the terrible tragedy. This bears repeating - don't get so caught up in the end reuslt (the sinking), but look at the entire lifecycle as this tragedy was the result of everthing that led up to it - the good, the bad, and the ugly.
You will need to use the case study video provided above along with your assigned readings/videos, learning modules, and additional research as sources of information