2. 1
1. STAKEHOLDERS
1.1 – Neighbors
1.1.1 – The neighbor has not been fully briefed about the project and does
NOT like loud noise.
1.2 - The wife has safety concerns
1.2.1 – The wife might turn down the project.
1.3 - Children
1.3.1 – The children ages are 5, 8, and 10 and his children’s friends.
1.4 Weather
1.4.1 – The weather can cause work delays.
2. PERPETRATION
2.1 – Design
2.1.1 – Safety for the children for the zip line and for the tree fort
2.1.2 – Place for water to runoff from the drinking fountain out of the
property.
2.1.3 – Location of existing utility lines after the grading and trenching / or
rocks and large tree roots.
2.1.4 – Older children might be leaving the gate open to access the drinking
fountain.
2.2 – Clear land and grading
2.2.1 – Cut and split wood and sell if possible (seek opportunity).
2.2.2 – Grading might need to add or remove extra dirt could add to cost.
3. 2
2.2.3 – Order of operation for installing the new underground utility lines.
2.3 – Materials and equipment
2.3.1 – Rising cost of materials.
2.3.2 – Equipment cost more than expected or projected.
2.3.3 – Ground cover not surviving.
RISK CONTROLS
1. STAKEHOLDERS
1.1 – Neighbors
1.1.1 – Hours of work will need to be from 8.00 a.m. till 6.00 p.m. –
Monday to Saturday.
1.2 – Wife concerns
1.2.1 – Design the safety features for the zip line and the tree house.
1.3 – Children
1.3.1 – Add sides walk from the left side of the house and from the deck
to the basketball court.
1.4 – Weather
1.4.1 – We will need to work in good weather conditions, because any
bad weather can cause work delays.
2. PREPARATIONS
2.1 – Design
2.1.1 – Add a safety net under the tree fort and the zip line – make the
elevation go from 7 foot to 5 foot – Note: (Average 8 year old child
4. 3
is 40 – 48 inches tall, this places their feet anywhere from 3 foot 8
inches to a -4 inches off the ground. OSH standards no fall
protection is needed for anything less than 6 foot. )
2.1.2 – Create a field drain next to drinking fountain.
2.1.3 – Check with the city for location of existing utility lines.
2.1.4 – Make a two sided drinking fountain one side inside the fence the
other on the outside.
2.2 – Clear and grading
2.2.1 – Cut split and sell wood add possible earnings to the project.
2.2.2 – Survey the area to have a better understanding of the grading.
2.2.3 Cut utility trenches before grading to reduce cost and have lines in
place before concrete is poured.
2.3 - Materials and equipment
2.3.1 – Buy materials during seasonal sales at discounted price
(possible savings opportunity).
2.3.2 – Buy equipment during seasonal sales also at discounted price
(Possible savings opportunity).
2.3.3 – Research ground cover requirements so that the right ground
cover is used.
6. 5
RISK SUMMARY
1.1.1 - Due to Neighbor complaining of noise and police halting work, it is possible
that this could impact the project schedule, which could result in the project
completion date later than expected.
1.2.1 - Due to Wife safety concerns, it is possible that this could impact the project
budget, which could result in inefficient funding of the project objectives.
1.3.1 - Due to children creating a mud path it is possible that a sidewalk may need to
be added, which could result in an increase in project budget.
7. 6
1.4.1 - Due to poor weather conditions, it is possible that this can cause work delays,
which could result in a delayed completion date.
2.1.1 - Due to safety for children, it is possible that adjustments need to be made in
the zip line and tree fort design, which could result in increased cost on a project
objective.
2.1.2 - Due to water runoff from the drinking fountain, it is possible that a field drain
may need to be added, which could result in increased cost on a project objective.
2.1.3 - Due to unknown location of existing utility lines, it is possible that the city may
have to mark the location, which could result in rerouting new utility lines and
extending more time and increased cost on a project objective.
2.1.4 - Due to older children leaving gate open to access the drinking fountain, it is
possible that a two sided drinking fountain cloud be used so it is on the inside and
outside of the fence, which could result in increased cost on a project objective.
2.2.1 - Due to trees being removed, it is possible that the wood can be sold, which
could result in reduce cost on a project objective.
2.2.2 - Due to current ground conditions, it is possible that the land will need
surveyed, which could result in increased cost and time on a project objective.
2.2.3 - Due to machinery cost and accessibility, it is possible that the trenches for the
new utility line will need to be cut and lines installed before grading, which could
result in reduced time and cost on a project objective.
2.3.1 - Due to fluctuating cost of materials, it is possible that seasonal sale could be
utilized, which could result in reduced cost on a project objective.
8. 7
2.3.2 - Due to fluctuating cost of outdoor equipment, it is possible that that seasonal
sale could be utilized, which could result in reduced cost on a project objective.
2.3.3 - Due to ground cover requirements, it is possible that the ground cover would
not survive, which could result in increased cost and time on a project objective.
ASSUMPTIONS
What assumptions did you have to make about the project to identify the
risks?
1. The neighbor might not complain if the work is done during working hours.
2. The wife might agree to the project if safety measures are taken.
3. Weather will not impact the project to much if we are working from spring to
fall season.
4. The children are average size and their ages were taken in consideration.
5. There is a need for a drain by the drinking fountain.
6. They have no idea where the existing utility lines are and could be in the way.
7. They would like to keep the smaller children in the fence.
8. They would like to keep the grass nice and mud out of the house.
9. Orientation of the house for the side walk.
10.They did not plan to rough in the new utility lines before grading and pouring
concrete.
11.They did not look at what type of ground cover to put in.
12.Outdoor equipment and materials have annual sales.
13.The brother is able to cut down trees and cut and split the wood.
9. 8
What assumptions did you have to make to qualify and quantify the risks?
1. What was important to the stake holders in relation to the project objectives?
2. The cost of labor.
3. The cost of materials.
4. The importance of time.
5. The importance of cost.
6. The importance of safety.
7. Possible impact of risk on cost, time, and schedule.
What additional information would have made the risk management planning
process easier?
1. An actual physical observation of the project location and layout.
2. The attitude and personality of stakeholders (likes, dislikes, values).
3. The cost of individual items and materials.
4. The cost of labor for individual tasks.
5. Ground conditions such as slope and material.
6. The project parameters like dimensions.
7. Location for weather conditions and ground type and ground cover type.
10. 9
How would you recommend that your brother track and control risks
throughout the project?
The created tables might be too complex for the brother to follow so by creating a
simplified checklist will allow him to keep in check any possible or additional risk
not previously mentioned on this project. This will allow him to stay within budget
as much as possible. If there are any significant changes to any of the
requirements on this project it will make the budget fall out of the contingency
plan.
A section for the brother to annotate or add comments during the project or
maybe document any new risk or possible risk that will allow us to continue on
target or at least find a way to mitigate any additional risk or possibly by avoiding
it completely.
Then again any additional risk that was not foreseen during the risk management
of this project will cause the project to fall out of the contingency plan. We were
very thorough in trying to identify any possible risk or threat to this project.
11. 10
Works Cited
D. Cooper,S.G. (2012). ProjectRisk ManagementGuidelines. New Jersey:WileyCustomLearning
Solutions.
Institute,P.M.(2013). ProjectManagementBody of Knowledge(PMBOKGuide) Fifth Edition.
Pennsylvania:ProjectManagementInstitute.
Services,I.E.(2014, January 8). ProjectRecreationArea. Study GuideWeek5.