1. The Government of Ghana and Korean Construction firm STX, officially signed a formal agreement for the construction of 30,000 affordable housing units for Ghana's security services on 15th December, 2010. However, 2 years into the project phase, Government announced that the project had failed at its implementation stage due to boardroom wrangling between the Ghanaian and Korean partners.

Practical Management Science
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ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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What type of project risk can you identify in the case study below, and how can it be mitigated in future projects? Explain.

1. The Government of Ghana and Korean Construction firm
STX, officially signed a formal agreement for the
construction of 30,000 affordable housing units for Ghana's
security services on 15th December, 2010. However, 2 years
into the project phase, Government announced that the
project had failed at its implementation stage due to
boardroom wrangling between the Ghanaian and Korean
partners.
Transcribed Image Text:1. The Government of Ghana and Korean Construction firm STX, officially signed a formal agreement for the construction of 30,000 affordable housing units for Ghana's security services on 15th December, 2010. However, 2 years into the project phase, Government announced that the project had failed at its implementation stage due to boardroom wrangling between the Ghanaian and Korean partners.
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