The objective of the Dhaka Water Supply and Sanitation Project for Bangladesh is to improve the sustainable delivery of stormwater drainage, wastewater and water services by the Dhaka Water Supply and Sewerage Authority (DWASA) to the population of Dhaka. (World Bank)

There are five components to the project. The first component of the project is rehabilitation and strengthening of the existing sewerage system. This component will support the rehabilitation and strengthening of the existing sewerage system, including the rehabilitation of lifting/pumping stations, the rehabilitation and augmentation of the Pagla sewage treatment plant, the rehabilitation/replacement of trunk sewer mains and sewer lines, and the laying of branch sewers to expand the coverage areas within the existing Pagla sewer basin. The second component of the project is the rehabilitation and strengthening of the stormwater drainage system. This component will support the rehabilitation and strengthening of the stormwater drainage system by installing two pumping stations at critical locations (Rampura and Kamlapur) on the east of Dhaka city to alleviate periodic flooding in the city. The third component of the project is the implementation of environmental and social safeguards. This component includes supporting the resettlement action plans (RAPS) associated with the rehabilitation of selected canals and the implementation of the environmental management framework. The fourth component of the project is to service provision to low-income communities. This component will support the piloting of several cores approaches for DWASA to extend and mainstream services provisions to low-income communities and the strengthening of the capacity of DWASA to deliver water and environmental sanitation services to these communities. The fifth and final component of the project is project management, monitoring and evaluation (M&E), consultations, and communications. This component will support technical assistance for project implementation, project monitoring, and DWASA's communications program.

Project implementation support will include technical assistance for engineering, financial, legal, environmental, and social monitoring and evaluation. Project monitoring and evaluation would cover activities aimed at: (i) ensuring compliance with fiduciary arrangements for the project, including annual independent financial audits; (ii) systematic quarterly technical, financial, and operational performance review of DWASA; and (iii) carrying out a mandatory midterm review and final review of the project.

Your Company, Water Management Services (WMS) has been providing expert project management and consulting services to water utilities in many developing countries for more than a decade. WMS is a small company with about 60 professional staff, 20 administrative staff, and about 20 support personnel. WMS has been asked to provide development and project management assistance to this Dhaka project. Consequently, your team has been assembled and assigned to work on this project. You have gotten to the stage in your project planning where you are dealing with risks.

Questions from the above case study:

1. Individual (Qualitative) Risk Assessment Definitions for this case
2. Project Stakeholder Tolerance
3. Risk Reporting Formats for this case study

can you please explain these questions in details