Innovation and Risk Management
Handout: [9:00am, 27th February 2017]
Deadline for Submission: [2:00pm, 18th March 2017]
Submit this coursework through the Student Portal with a Turn-it-in Report
Word Limit: 1800 words (Plus or minus 10%)
Learning outcomes assessed: 1. Identify the difference between invention and innovation and how innovation can be successfully implemented to achieve growth in the energy industry 2. Demonstrate a critical awareness of the different models of innovation and how they apply to the oil and gas industry case studies 3. Evaluate the role of systematic risk management in the successful implementation of innovation
This coursework is worth 100% of the total marks for this module.
Innovation and Risk Management Coursework Brief
Page 1 of 4
Coursework Instructions Please read carefully
• Carefully read the module handbook, the marking criteria and the grade descriptors.
Academic Misconduct You are responsible for ensuring you understand the policy and regulations about academic misconduct. You must: • Complete this work alone except where required or allowed by this assignment briefing paper and ensure it has not been written or composed by or with the assistance of any other person. • Make sure all sentences or passages quoted from other people’s work in this assignment (with or without trivial changes) are in quotation marks, and are specifically acknowledged by reference to the author, work and page.
Critically analyse and apply the Pinwheel risk management action framework to an Oil & Gas organisation of your choice demonstrating how the chosen organisation has applied this framework to successfully drive innovation. LO3
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