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
Provide a scope statement, onepage work breakdown structure and a one page Gantt chart
schedule for the project selected.
Identify risk events that could affect the objectives or outcomes of the project. A
balanced set of risks should be selected eg 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.
Perform a semiquantitative risk analysis, also providing an explanation of the scales used. A
full quantitative analysis P can be used as an alternative.
Plot the risks on a suitable risk mapchart Probability and Consequence and draw an
appropriate threshold line that separates the risks in a :approximate ratio.
Name the risk events you would select as the critical risks give the numbers of the critical
risks as in question above
Write responses 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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