Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Question one Compulsory (25 Marks) Case Study: The Times of Zambia of 2nd September, 2021 carried the following story by Esther Ng'andu: The Government has

image text in transcribed

Question one Compulsory (25 Marks) Case Study: The Times of Zambia of 2nd September, 2021 carried the following story by Esther Ng'andu: The Government has halted the expansion of a dam at Chinese owned Rongxin Investments Limited in Kalulushi on the Copperbelt after starting an expansion programme without the approval of the Zambia Environmental Agency (ZEMA). Kalulushi District Commissioner Stephen Kainga said in an interview yesterday that the company had been directed to stop the construction because it went ahead without waiting for the response from ZEMA over the application to undertake the project. "There is need for an impact assessment (EIA) to be conducted especially that there were complaints from residents of the area over fears of being resettled without compensation," he said. Mr. Kainga said it was important for companies planning to start various projects to engage the surrounding communities and get their views. In October last year Rongxin Investments was ordered to suspend operations after it allegedly polluted part of the Luela stream in Kalulushi. Required: a. Evaluate the failures of Risk Management at Rongxin Investments with regard to the dam expansion project. Give reasons for your answer. [7 Marks] b. You are hired as a project consultant (after the project has been halted) by Rongxin Investments for the dam expansion project, identify and briefly describe the risks that this project is facing as highlighted by the above captioned newspaper article. [12 Marks] c. Advise the Rongxin Investments management on the steps they need to take to avoid encountering such problems in future projects. [6 Marks]

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Essentials Of Management Information Systems

Authors: Ken Laudon, Kenneth C Laudon

10th Edition

0133033090, 9780133033090

More Books

Students also viewed these General Management questions

Question

2. Develop a good and lasting relationship

Answered: 1 week ago

Question

1. Avoid conflicts in the relationship

Answered: 1 week ago