A lump sum tender will be prepared base on the following information, 10m x 10m x 5m - Concept Design No geotechnical data, assume 80% soil, 20% rock Productivity rate in soil: 20m3/d Productivity rate in rock: 10m3/d Excavator: $2000/d Labor: $500/d Overhead including profit: $200/d Additional assumptions can be made, if needed Explain and develop the Consequence Table for cost and time impacts

Explain and develop the Likelihood Table

Explain and develop the escalation table

Explain how these tools should be used effectively to identify, analyse and evaluate risks

Use the developed tools to assess top 10 risks A

ssess required time contingency

Assess required cost contingency