This document identifies and analyzes risks for a construction project. It lists 14 risks in the design phase, 8 risks in the tender phase, 4 risks in the detailed design phase, 11 risks in the progress/construction phase, and 7 risks for financing the investment. For each risk, it provides a description and evaluates the probability of occurrence, potential impact, risk score, responsibility, and possible preventative actions. The overall document provides a comprehensive risk assessment for all phases of the construction project.
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Risk Identification ID Description
This document identifies and analyzes risks for a construction project. It lists 14 risks in the design phase, 8 risks in the tender phase, 4 risks in the detailed design phase, 11 risks in the progress/construction phase, and 7 risks for financing the investment. For each risk, it provides a description and evaluates the probability of occurrence, potential impact, risk score, responsibility, and possible preventative actions. The overall document provides a comprehensive risk assessment for all phases of the construction project.
0.3 Self Esteem (presentation skills) 0.4 Poor estimation for the Costs of the Project 1.1 Risk of Corruption 1.2 Tender Cancellation Tender Risk
1.3 Bad Quote to the Project
1.4 Predatory pricing by competitors 1.5 incurring excessive costs (or too low) for marketing and lobbying 1.6 Client's reability risk Detailed Design
2.1 Improper Design team selection (human Factor)
2.2 Overestimating the cost of the Project 2.3 Failure to meet the investor preferences 2.4 Improper Technology selection 3.1 Protests 3.2 Employees' sickness Progress Risk / Construction Risk
3.3 Employee's qualification
3.4 Equipment Failure 3.5 Bad work schedule 3.6 Poor management of material resources and suppliers 3.7 Timely Supply of construction Material 3.8 Maintaining standards 3.9 Insufficient Control on the Project 3.10 Poor work Organisation 3.11 Badly recognized soil structure 3.12 Construction material Quality 3.13 Extended Scope of Work 4.1 Political Instability in the Country Financing the Investment