IDENTIFY THE RISK VALUE AND RANK OF THE TEN CONSTRUCTION RISK BELOW USING THE RISK MATRIX ABOVE.

RANK	CAUSES	LIKELIHOOD	CONSEQUENCES	RISK VALUE
	COST OVERRUN	LIKELY	MAJOR
	DELAY IN COMPLETIONS	LIKELY	MINOR
	INCOMPETENT CONTRACTORS	UNLIKELY	CATASTROPHIC
	ENVIRONMENTAL RISKS	POSSIBLE	MODERATE
	DESIGN ERRORS	RARE	MODERATE
	THEFT	UNLIKELY	MODERATE
	LABOR SHORTAGES	LIKELY	MODERATE
	SAFETY HAZARDS	LIKELY	CATASTROPHIC
	CHANGE ORDERS	UNLIKELY	MINOR
	DELAY IN DELIVERY	ALMOST CERTAIN	MODERATE

SUBJECT: PROJECT MANAGEMENT