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Project Scope:Building a 200sqm brick house with four insuide bedrooms, double garage, kitchen, lounge and a dining room. The project budget is 800 thousand rands,
Project Scope:Building a 200sqm brick house with four insuide bedrooms, double garage, kitchen, lounge and a dining room. The project budget is 800 thousand rands, and time period of the project is 5 months
Negative risks identified :
Costs overan
Delay in completion
Environmental risks
Design errors
Thefts
Change orders
Safety hazards
Lobor shortage
External risks.
QUESTION
Analyse and critically discuss the strategies(avoid, mitigate, transfer, accept, research) to deal with the negative risks identified. Chose only one strategy for each risk identified
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