Question: The project is building a visitors centre, that will be used as a visitors centre to showcase exhibits for visitors and tourists. This project should

The project is building a visitors centre, that will be used as a visitors centre to showcase exhibits for visitors and tourists. This project should be suitable for the application of the following risk management concepts:
Probability Basics, Risk Management Planning, Risk Identification, Risk Analysis, Risk Evaluation, Risk Resolution, Risk Monitoring and Control
1.Provide a scope statement, one-page work breakdown structure and a one- page Gantt chart
schedule for the project selected.
2 Identify 12-15 risk events that could affect the objectives or outcomes of the project. A
balanced set of risks should be selected e.g., technical, safety, environmental, people, and
program risks. Provide a clear description of each risk event. Show the list of risks as
numbered bullets or in a table format.
3. Perform a semi-quantitative risk analysis, also providing an explanation of the scales used. A
full quantitative analysis (0< P <1) can be used as an alternative.
4. Plot the risks on a suitable risk map/chart (Probability and Consequence) and draw an
appropriate threshold line that separates the risks in a 20:80(approximate) ratio.
5. Name the risk events you would select as the critical risks (give the numbers of the critical
risks as in question 2 above).
6. Write response(s) or controls for the critical risks. Each response should be described using the
words avoid, reduce, redundancy, transfer, etc., and an explanation of what will be done.

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