HE56793 Procurement and Risk Management in Projects - Group Project: Part B \" (Submission deadline} Task 2 Following is a gist extract from Los Angeles Times news report by Ralph Vartabedian - Oct 7, 2010 (http:[[wwaatimescomgnewsllocalgIa-me-brittIe-pigeline- 20101007,0,3701185,ful|.stong) San Bruno g blast gives ammunition to critics of industly risk assessment \"...These experts say companies have put far too much faith in technology and inspection methods. The segment wasn't one of PG&E's top 100 safety priorities but the pipe may have been brittle and corroded by water and sewage, evidence indicates. A 28-foot segment of ruptured pipe shows signs that its steel had become brittle over the decades. The blast point also occurred at a dip in the landscape that left the underground pipe subject to corrosion from accumulating water and sewage. And that bend in the line meant more welds were used during construction, creating another potential vulnerability. When the 30-inch-diameter line nally failed, it released an explosive force that exceeded the thrust of a space shuttle at launch, ejecting tons of asphalt and dirt into surrounding streets. A massive cloud of pressurized gas ignited moments later into a fireball that torched 55 homes and killed eight people. Such pipelines exist under homes and neighborhoods throughout the country. California has 3,600 miles of pipe under densely populated areas. throughout the country. California has 3,600 miles of pipe under densely populated areas. Nearly half the high-pressure gas transmission lines in the country were installed from about 1950 to 1970. The industry has developed mathematical models to predict which pipelines are at risk and how often they need to be replaced. But a deep divide exists among experts about whether those models are accurate. Now, the San Bruno disaster has bolstered the arguments of those who say the industry has put far too much faith in technology and inspection methods...\" Assuming the role of an Independent Risk Management Consultant for a leading Oil and Gas company in Australia, you are required to prepare a risk register for maintenance! rehabilitation projects of aging infrastructure