SECTION A [60 MARKS] Answer ALL the questions in this section. The MEC has requested you to provide a presentation in the upcoming meeting with stakeholders in (20 Marks) which you will have to emphasise on the sources of risk for the Durban Port expansion project and the nature of risks as presented using the RBS technique. What will be the contents of the presentation? Read the following case study and answer the following questions; The KwaZulu-Natal Provincial Department has embarked on a multi-million rand Transport Rehabilitation Initiative (TRI). The initiative has been identified as one that will ensure that the transportation networks and systems of the province will be categorized as being world class by year 2020. This will however include a series of projects that will encompass the construction of bridges, dual carriageways, railway networks, ports and airports. One of the rst projects that will be carried out under the initiative will be the expansion of the Durban Port, this is aimed at increasing its current holding capacity and overall operational efciency. The KwaZulu-Natal MEC of Transport has indicated that the success of TRI heavily depends on the efcient management of the different projects of the initiative. One of the project initiatives includes the mounting ofa lter system which is aimed at reducing air pollution during the series of the projects that will be performed. The Department of Environmental Affairs has given the TRI team 16 weeks to install a complex airlter system and it has warned that it may be forced to discontinue the project unless the lter system is mounted, within the allocated period. Jacob Naude. the project manager wants to ensure that the installation of the ltering system progresses smoothly and on time. He has therefore identified eight activities and their estimated times (weeks) that need to be completed in order for the project to be successfully completed. When the project begins two activities can be simultaneously started, building the internal components for the device (Activity A- 2 weeks) and the modications necessary for the oor and the roof (Activity 3- 3 weeks). The construction of the collection stack (Activity 0- 2 weeks) can begin when the internal components are completed. Pouring of the concrete floor and installation of the frame (Activity 0- 4 weeks) can be started as soon as the internal components are completed and the roof and the oor have been modied. After the collection stack has been constructed, two activities can begin: building the high temperature burner (Activity E- 4 weeks) and installing the pollution control system (Activity F- 3 weeks). The air pollution device can be installed (Activity (3- 5 weeks) after the concrete oor has been poured, the frame has been installed, and the high temperature burner has been built. Finally. after the control system and pollution device has been installed, the system can be inspected and tested (Activity H- 2 weeks). Given that this is a project that involves multiple stakeholders it is important to determine the various risks that can easily affect the progress of the project and manage them. The MEC has indicated that a good project manager should be able to manage the risks effectively and get the project on track. Adapted from: Pearson Online Resources httpszwwwpeatscmcomis'higher-educationlpmgramteizeperatm Managementand-Interactive-CD~Pa_ckage-61h-EditipniPGMSJZBhtml Identify and discuss in detail all the components that should be considered by the project managers (15 Marks) of the Transport Rehabilitation Project in putting together the risk management plan. With reference to the TRI project distinguish between qualitative and quantitative risk analysis. [15 Marks) Identify and discuss the challenges that are associated to managing project risks in South Africa. (10 Marks)