Case Study A The objectives and standards Project information An organisation has taken on a new work contract; the project is to create a new workspace for the team of workers tasked to do this. The work contract is for the next three-year period. There is space in an existing part of the premises, it just needs to be cleaned and decorated, and the equipment set up. A team-based room layout is required; it should be open plan, so the workers can see and communicate with each other. One end must be partitioned off for file storage; this must be a secure area.

The new workspace must be ready for use in one month, it must have: - Five workstations, all with a computer and telephone connected - Computer access for all workstations to the internet and computer server - One printer and copier.

More about the project It will take two weeks to order and receive the office equipment, one week to prepare the area, and just a few days to set up the workspace. A decorating company must be arranged; ideally, they should be finished by the third week, but the work will only take two days. The IT personnel have not confirmed their availability to set up technologies; they are in-house and should have the flexibility to fit this in around other work. They will need to speak with the utility provider to extend current capabilities for internet use. There are risk policies and procedures for risk management; these are the standards that must be followed. They have been developed from work health and safety law. This outlines the risk management process and provides the expectations for working safely.

Question

A) Discuss possible risk objectives and agree on one or more that could apply. Discuss and agree on three appropriate standards that you would want to include for managing the risks.

B) Explain how you would identify risk priorities with stakeholders.

c) When recording risk treatments, what should you do and When should you update risk plans

d) What type of decision-making process should you use when developing improvements for project risk management, and why?