Your company (Dr. Heat & Mr. Cool) is submitting a bid to be the provider of new systems in a newly constructed hospital (Randle McMurphy Memorial Hospital). Construction will start in late 2020 and will need to be completed by December 31, 2022. The systems your company will need to provide are control systems to control the following:

Heating & Cooling of the building

Fire alarm systems for the building

Security systems for the building

The hospital will house convicted criminals that have been deemed mentally insane. The site is located in northern Minnesota, USA. The location of the hospital is known to have severe winter weather. The owner of the hospital is the United States Federal Government. Safety of all personnel associated with the project is a major requirement. The Federal Government has a history of poor performance in paying their bills in a timely manner on projects of this type.

The contract carries a penalty of $50K (US) dollars for every day the project is delayed beyond the completion date of 12-31-22.

The technology that you will need to provide as manufactured and supplied by your company has past compatibility issues in getting all three systems to work in concert together.

Your company needs to secure this project as orders have been low this quarter as measured against plan. You have a shortage of capable technicians available to work on this project due to workforce cutbacks and layoffs. Employee morale is low.

The head of your technology department has been ill lately and may not be able to help with the preparation of the bid. Your company has not been winning projects of this type lately.

Questions:

1 - Identify potential risks associated with the project. Identify a minimum of (8).

2 - Utilize the tools that you have learned to complete a risk assessment that will cover the identified risks and risk response matrix that will cover each of the identified risks.

3 - There are other tools provided to manage risk, feel free to utilize them.

4 - What would you recommend that Dr. Heat & Mr. Cool do about their shortage of capable manpower?

5- After compiling and analyzing the data what is your recommendation for Dr. Heat & Mr. Cool regarding the pursuit of this opportunity? Go or no go? Defend your recommendation.