7BSP1350 - Delivery Of Prescription Drugs By Drones

• Module code:- 7BSP1350
• Module name:- Project Risk & Commercial Management
• Word counts:- 2000
• Price:- 55 pounds

Background of the project and risks Involved

As the leading pharma company in the UK, Wilmont’s is secretly planning to execute the concept of drone delivery. Though some technology companies all across the world have begun to experiment with drone delivery, Wilmont’s intends to execute this before anyone else in the market. A small firm named DroneTech has been working on this project for years, and there is a strong possibility that Wilmont and DroneTech can work collaboratively on this project. This is a project risk assessment report that will concern all the information related to the information system that will be needed to support the initiative. ……

Stakeholders and their attitude

Below is the list of stakeholders involved in this project along with a description of their attitude toward the uncertainty and the risk.

• Stakeholder 1: Senior management at Wilmont’s. The senior management includes major shareholders, the board, and the executive management team. They are concerned about the project because they have invested their hard-earned earnings in the company. Misdirected efforts can result in the senior management sinking their investment. The senior management will have a risk-neutral attitude and delay uncertainty. They are risk neutral because they neither want to blow the opportunity to double their wealth nor want to sink their money if the project fails. They have to deal with commercial risk, public image risk, legal liability. …….

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