2. Using the table below discuss how the risks were addressed or how they could have been addressed. Include any additional risks you can think of.

ANSWER TO BE PRECISE AND SIMPLIFIED AS POSSIBLE

This question is from text book "Project management for engineering, business and technology" Fourth edition by John M.Nicholas And Herman styen Page number 386-387 , question number 2

Possible risk event Plans to address risk Accept Avoid Reduce Transfer Contingency Plans and/or Contingency Reserves Failure to make an acceptable profit Not finishing the construction by Nelson Mandela's 85th birthday Interference with rail activities Geological structures necessitating expensive foundations The concrete mixture segregating when pumped into the columns A pump failure while concrete is being pumped Interrupted supply of concrete due to trucks transporting concrete delayed in traffic