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Assume that you are responsible for risk management in a particular CONSTRUCTION industry/ organization/ project. Identify ten risks (at least) and briefly explain the effects

  1. Assume that you are responsible for risk management in a particular CONSTRUCTION industry/ organization/ project. Identify ten risks (at least) and briefly explain the effects of uncertainties on the objectives of your chosen industry/ organization/ project.
  2. For any one of the risks identified in Question 1 of Assignment 1, you are required to prepare a root cause analysis report.
  3. Assume that you are responsible for risk management in a particular industry/ organisation/ project. You are required to prepare your Bow-Tie Analysis report for any one of the risk (or risk event) identified in the POINT 1
  4. For any one of the risks identified POINT1, you are required to prepare a mind map for preventing OR mitigating the risk (e.g. during post-COVID regime). For any one of the risks identified in Week 1 tutorial, you are required to prepare a set of qualitative risk assessment ratings for the effect(s) of uncertainties on any two objectives (e.g. cost, time/schedule, quality, safety).
  5. For any one of the risks identified in Week 1 tutorial, you are required to prepare a set of quantitative risk assessment ratings (e.g. in 5 x 5 matrix) for the effect of uncertainties on any two objectives.

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