ObjectivesStudents should design and build a plaza with the capacity of 4 offices (750 sq ft) on each floor (total 8 floors). Note that ground level is for parking, capacity 600 vehicles. This project must be completed by the end of December 2023. You have a budget of $80.00 per sq ft.

Risk Management (write student(s) name and ID(s): Explain the inherent risks and residual risks associated with the project. Use hypothetical assumptions what could be different types of risks. Unique Risk Caused by & Risk Owner (s) Risk Control Control Owner (s) Residual Residual Residual Risk ID Description Consequences Name and Role Probability Impact Rating (s) Name and Role Probability Impact Rating Impact Very Low Low Medium High Very High Probabi lity Very High Moderate Severe Severe Critical Critical High Sustainable Moderate Severe Severe Critical Medium Sustainable Moderate Moderate Severe Critical Low Sustainable Sustainable Moderate Severe Critical Very Low Sustainable Sustainable Sustainable Moderate Severe Inherent Risk (before controls) Impact Very Low Low Medium High Very High Probabi lity Very High High Medium Low Very Low Residual Risk (After controls) Impact Very Low Low Medium High Very High Probabi lity Very High High Medium Low Very Low