Suppose you work for a company that builds docks. The docks can be built over fresh water ponds, lakes, rivers and over saltwater bayous and bays. You are the project manager for building a 200 ft long dock on the Wakulla River south of Wakulla Springs for your company. The property owners have a beautiful 4,000 square foot house in the woods and want to build a dock on their property so that they can leave their boat at their dock on the river. They like to fish in the gulf during the warm months of the year and do not want to have to drive their boat to the nearest boat ramp which is 15 miles away. The owners have already signed a contract for $29,000 with your company and the contract includes the plans for the dock to be completed within 2 months. The contract contains $2,000 of contingency dollars placed in the contract by your boss. 

What, when and how do you communicate to/with the various stakeholders as you build and complete the dock? 

What risks do you think you need to worry about and why? 

How would you qualify and quantify risks, both negative and positive. Also, how could you minimize/maximize the risks?

Answer rating: 100% (QA)

Communication with Stakeholders 1 Initial Meeting Communicate with property owners to confirm project specifications discuss any preferences or concer... View the full answer