RISK MANAGEMENT IN CONSTRUCTION PROJECTS ABDUL QADIR JILANI 2018-MS-CM-30 The rebuilding of the World Trade Center site was over budget and years behind schedule and was once expected to open maximum on the 10th anniversary of the terrorist attacks. The building officially opened on November 3, 2014 whereas it was expected to be opened in 2006 Completing the One World Trade Center had a combined cost of $3.8 billion, up from a previous estimate of $2 billion. HENCE, Actual cost – Proposed cost = $1.8 billion Actual years taken for completion – Proposed completion years = 8 years

1. Delays in Construction Projects: A
Case Study of One World Trade
Center skyscraper
COURSE:
RISK MANAGEMENT IN CONSTRUCTION PROJECTS
INSTRUCTOR:
PROF. DR. NADEEM MUFTI
GROUP MEMBERS:
SHI WENCHAO 2018-MS-CM-22
MINHAJ QURESHI 2018-MS-CM-23
MUZAMMIL ISMAIL 2018-MS-CM-28
ABDUL QADIR JILANI 2018-MS-CM-30

2. “
Fall if you will, but rise you must.
James Joyce
2

3. INTRODUCTION: ONE WORLD TRADE CENTER

4. INTRODUCTION: ONE WORLD TRADE CENTER
• Official Name: One World Trade Center
• Country: United States
• City: New York City
• Structural Material: Composite
Core: Reinforced Concrete
Columns: Steel
Floor Spanning: Steel
• Energy Label LEED Gold
• Proposed 2005
• Construction Start 2006
• Completion 2014
• Global Ranking #6 Tallest in the World
• Regional Ranking #1 Tallest in North America
• Height: Architectural 541.3 m / 1,776 ft
• Floors Above Ground 94
• Floors Below Ground 5
• Area 75,000 sq.ft

5. DELAYS IN THE CONSTRUCTION OF ONE WORLD
TRADE CENTER
• The rebuilding of the World Trade Center site was over budget and years behind
schedule and was once expected to open maximum on the 10th anniversary of the
terrorist attacks.
• The building officially opened on November 3, 2014 whereas it was expected to be
opened in 2006
• Completing the One World Trade Center had a combined cost of $3.8 billion, up
from a previous estimate of $2 billion.
HENCE,
• Actual cost – Proposed cost = $1.8 billion
• Actual years taken for completion – Proposed completion years = 8 years

7. CAUSES OF DELAYS
• Uncertain pace of dismantling the condemned tower
• Political instability and war-on-terror initiation by USA
• Construction of several projects around a working city subway line
• An incomplete land deal to relocate a Greek Orthodox church near the site
• Disputes between the developer and insurance companies
• Clashes between The Port Authority of New York and New Jersey and The Lower
Manhattan Development Corp.
• Densely packed part of Lower Manhattan.
• Security concerns due to proximity to City Hall, police headquarters and the federal
courts.
• Hurricane Sandy

8. PROPOSED REMEDIES
Following measures could have avoided unwanted delays in the construction of the One
World Trade center:
• Realistic estimates rather than political mottos
• Creation of a single responsible agency or ensuring full collaboration
• Use of alternative options in structural components and building materials
• Agreement between the client and developer
• Efficient design selection
• Careful regard of zoning and building regulations beforehand
• Spire vs. floors
• Stakeholder management

9. ATTACHMENTS

10. ATTACHMENTS

11. REFERENCES
• https://www.archdaily.com/795277/one-world-trade-center-
som/57d8b589e58ece3d7c00002f-one-world-trade-center-som-photo
• https://thetowerinfo.com/buildings-list/one-world-trade-center/
• https://edition.cnn.com/2013/11/22/us/one-world-trade-center-fast-facts/index.html
• https://www.rd.com/culture/fascinating-trivia-about-one-world-trade-center/
• https://blog.capterra.com/3-construction-management-lessons-from-21st-century-
megaprojects/
• https://gizmodo.com/how-to-terror-proof-the-new-world-trade-center-5838327
• https://www.nydailynews.com/resizer/z_6hcO6y714KXtvbRFi1DsplbGc=/800x0/arc-
anglerfish-arc2prod-tronc.s3.amazonaws.com/public/CLUGDH6TZQINSAHCREZ3VR7MPY.jpg
• https://www.daikinapplied.com/Daikin_CS_1100_One_World_Trade_Center_Case_Study_LR.php
• https://www.wtc.com/media/news/wtc-site-rebuilding-delayed-and-over-budget

12. 12
THANKS
Any questions?