Project management descriptive writing help on: Risks and Arguments
| Argument | Identify issues Risks (Counter Argument) | Deal with the Risks (Rebuttal) |
| The main argument refers to the decline of the resources boom threatening within the two mining projects. | The major risk which has been associated with Wandoan project is in regards to the decline of coal prices & high costs. | The Reserve Bank of Australia states that, abandonment of some projects will help to reduce some amount of pressures from the economy. |
| The second argument highlighted within the article i.e. “More big mine projects at risk” is that some projects should not be done. | BHP’s decision is to shelve expansion in South Australia Olympic dam who are increasingly varying the labor, cost of accommodation, equipment, etc. |
The main issue which has been highlighted in the article “More big mine projects at risk” was to hitch the reliability of delivering a surplus in this particular year. This would require high levels of revenues from the export commodities.
there are various concepts of business environment which have been discussed within the same. The major concepts which have been highlighted within the article i.e. “More big mine projects at risk” is in regards to political & economical factors. After analyzing the entire article some of the aspects which have been highlighted is in regards to the taxation policy, stability of the government, growth in spending power, customer liquidations, recession or boom & rate of inflation (Lucas, 2010).
The article majorly highlights a decline in the resources iron ore mine in the Western Australia & Xstrata coalmine situated in Queensland. These two iron ore mines have been referred to as the biggest mining projects after the Olympic Dam. Based upon the various analysts, Wandoan project is in danger of collapsing due to a decline in the overall coal prices as well as costs involved.
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