Case Study: The GreenBuild Eco-Housing Project Background: GreenBuild Ltd., a sustainable construction company, has secured funding to develop an eco- friendly housing complex in an urban area. The project includes 20 energy-efficient homes with solar panels, green roofs, and rainwater harvesting systems. The project is set to begin in April and must be completed within 18 months to meet a strict government subsidy deadline. Key Project Details: Location: A former industrial site that requires land remediation before construction. Stakeholders: Local government, residents, environmental activists, contractors, and suppliers. Budget: $10 million, with $2 million contingent on meeting sustainability certifications. Team: A mix of experienced engineers, architects, and local contractors. Critical Path Tasks: 1. Site cleanup and preparation. 2. Building design approval. 3. Procurement of eco-friendly materials. 4. Construction of homes. 5. Installation of renewable energy systems. Challenges Identified in the Early Stages: The site is adjacent to a residential neighborhood, raising concerns about noise, traffic, and air quality during construction. The eco-friendly materials require international suppliers with long lead times. GreenBuild's team lacks significant experience with rainwater harvesting systems, necessitating external expertise. The region has unpredictable weather, especially during the monsoon season, which overlaps with the construction timeline. Assignment: 1. Identify Risks: Analyze the project details and identify potential risks. Categorize them as financial, environmental, operational, or reputational risks. 2. Propose Actions: For each risk identified, suggest the appropriate type of action (e.g., mitigation, transfer, acceptance, or avoidance) and describe how it should be implemented.