Kaushik and Paulo are young entrepreneurs. They have a bit of money and have decided to open a community pool facility which would have several pools. One pool would enable swimming, one pool would be for little children, one pool would be heated for other leisure activities, and there would also be a family sized Jacuzzi. They plan to build the pool facility in the car park area at south eastern end of the Pickering Town Center. This is within easy walking distance from the entrance to The Bay, and not too far from Centennial College's Pickering Learning Center and the bridge that goes across the 401 to connect with the GO buses and trains. They also recognize that the Town of Pickering's Recreation Center is nearby and that there is a pool at that facility. They also recognize that they must get approvals from both the Town of Pickering and from the owners of the Pickering Mall. They also assume that if their personal funds are not enough to complete the project that they can get additional funding from their bank. In any case they hope to have the pool facility ready by the middle of August 2020 so that they can capture a part of the recreation market during the warm summer months as this is the peak season for recreational activities. They know that they would need an aggressive construction schedule, but they are hoping for the best. Before embarking on the project however they hire you to do a risk assessment for the project. They also request that your assessment include events that could happen during the first 3 years of the pool's operation.

• Task
• Develop a risk register at least 12 risk events,
• The risk categories and what would trigger them. 
• Do a qualitative and quantitative assessment,  determine what the top 5 risk events would be. 
• What would be the type of responses for those top 5 events - indicate precisely what the responses would be.

 

Answer rating: 100% (QA)

Risk Register 1 Permit Approval Delays Category Regulatory Trigger Town of Pickering and Pickering Mall approvals taking longer than expected Impact Construction delay missed opening date Likelihood M... View the full answer