Project Managing, Scheduling and Jobsite Planning – CON 1013 © 2014 LAMBTON COLLEGE IN TORONTO Assignment # 2 Construction Project Risks INSTRUCTOR: Sarmad Kiani CLASS: 2017S_CON 1013 Instructions: The Assignment 2 for CON 1013 Project Managing, Scheduling and Jobsite Planning is designed to allow the students to apply tools and techniques that are discussed in class. The students are asked to prepare some outputs of the project risk management processes in a construction project. Project will be delivered in the form of group assignment. Each group must submit their project and present their final work based on the evaluation timetable deadline. Project report should include cover sheet with group team members. Consider the required project management skills, tools and techniques when working in a group and try to make an effective project team. Peer evaluation must be submitted in a separate email to the instructor in a range of zero to hundred. Project Following a defined construction project in Project#1 of this course, each group should deliver three major deliverables. First, the students should list the major risks which can be identified in their project. The identified risks should be separated by each stage or phase of construction project life cycle. For each phase, at least 5 major risks and minimum one positive risk should be identified. As on output, the risk register should also be prepared.Project Managing, Scheduling and Jobsite Planning – CON 1013 © 2014 LAMBTON COLLEGE IN TORONTO Second, each group must conduct a qualitative analysis. This analysis should reflect the probability and impact on project’s objectives. For each risk the score should be calculated and will be a base for prioritizing project risks. Finally, following the qualitative analysis, each group must prepare a high-level risk response plan. This is a proactive approach which determines what strategy can be appropriate for the identified risks of a construction project. See yourself as a construction project manager and you can make all necessary assumptions during analysis. Therefore, the main three outputs of this project are as follows:
Project risk register
Project risk analysis
Project risk response plan Assessment Break down Evaluation will be based on covering the outputs in a clear and accurate way. Project Work Weight Identify Risk 30% Qualitative Analysis 40% Risk response Plan 30% Total 100%