Economics homework help

Option #1: The PCNet Project CaseRead the PCNet Project case:Loch, C. H. (2005).The PCNet Project: Project risk management in an IT integration project. Product # Ins549-PDF-ENG. From HBR: https://hbsp.harvard.edu/tu/01d78d35 (Links to an external site.)Examine the project management issues detailed in the case, including those concerning procurement, contracts, and risk management.In no more than one page, give an overview of the case and the project management issues to be covered in more detail.Discuss, in logical order, the following topics: (Note: You must determine the logical order of these topics; this is part of your grade. See the grading rubric in this week’s folder.)Risk identificationRisk assessment and prioritizationRisk response for preventionMitigation or contingent actionsThe fundamental conceptual steps PCNet used to respond to project risksThe strengths and weaknesses of the project risk management practicesDiscuss why unforeseen problems are accumulating at the end of the case, in spite of efforts to contain them.Discuss the impact of project work that is spread across different countries, and whether the result was worth the heavy investment required to implement the system.In an appendix, identify the risks and categorize each one. (This categorization is left to you; however, you might include external risks, such as regulatory and currency changes, or technical risks, such as complexity or design.) You must discuss the appendix in the body of your paper. In other words, do not simply say “see appendix,” but rather explain what the appendix covers. Discuss the prioritization of the risks identified in #6 above, their severity, and the management response strategies.Submission:Write a paper addressing the PCNet project, covering the topics listed above. Your paper should be 8-10 pages in length, not including the required title and references pages and the appendix.Support your paper with a minimum of three to four current scholarly sources from the CSU-Global Library (no older than five years). This is in addition to any course textbooks or lecture material you decide to use. Of course, you may always exceed the minimum number of sources.Format your entire paper according to the CSU-Global Guide to Writing & APA (Links to an external site.).