Submitted by: Submitted by vickykittyyyyy
Views: 319
Words: 288
Pages: 2
Category: Business and Industry
Date Submitted: 01/25/2013 07:37 PM
1: b 2:d 3:b 4:c 5: lower 6: pareto-optimal 7:c 8:d 9:a 10:a 11:c 12:matrix 13:strong 14:weak 15:a 16:b 17:deliverables 18:hierarchical planning
Case-Siver Fiddle Construction
Risk identification:
Technical risks:
Because I just been hired to complete this project, so I don not familiar with project’s situation. Maybe it can not reach the technical requirements which include the requirement about windows, doors and exterior wall and so on.
Schedule risks:
Because I operate as a general contractor and employ a part-time bookkeeper, the project will out of control while you can make a full-time staff to help you complete the project, so time will out of the control.
Cost risks:
The final costs will range from $450.000 to $500.000, but the project have subcontracted by the local trade professionals, this will lead hard to control the budge of the project, maybe it will exceed the costs.
Other risks:
The project can not satisfied with customer demand.
Risk Assessment Form:
| Risk Event |Likelihood | Impact |Detection Difficulty | When |
|Technical Problems | 4 | 4 | 4 |Start-up |
|Time Out | 3 | 5 | 5 |Final Stage |
|Beyond Budgeting | 4 | 5 | 4 |Medium-term |
|Do not meet customer | 3 | 4 | 4 |Final Stage |
|needs | | | | |
Risk Response Matrix:
|Risk Event |Response |Contingency Plan |Trigger |Who is Responsible |
|Technical Problems |Employ professional |Improve technical...