Recently, Construction IQ conducted an online survey on construction project risk management. Some valuable statistics emerged from the results. Have a look at what your colleagues and peers in the industry had to say…
11 Piling Operations with Rebar Cage installation Risk Assessment Templates
Piling Rig checks on arrival to site
PRIOR TO USE
Access of rig and delivery vehicles to work areas
Siting and setting up of piling rig
Piling operation
(Mobile rig Operator)
Rebar cage fabrication
Pile case and rebar cage lifting operations
Occupational Safety and Health Management in Construction IndustryNorrazman Zaiha Zainol
Management of occupational safety and health in construction industry. Module consists of related rules and regulations, OSHMS and HIRARC in work place. Discuss on OSHA 1994 and FMA 1967.
TEMPORARY WORKS MANAGEMENT PLAN
SECTION PAGE NO
1.0 DESCRIPTION AND SCOPE 3
2.0 GLOSSARY 3
3.0 RESPONSIBILITIES 5
4.0 PROCEDURE 5
4.1 APPOINTMENT OF TEMPORARY WORKS PERSONNEL 5
4.2 TEMPORARY WORKS SCHEDULE/REGISTER 6
4.3 TEMPORARY WORKS SCHEME CONCEPT 7
4.4 TEMPORARY WORKS CLASSIFICATION 7
4.5 TEMPORARY WORKS DESIGN 8
4.6 TEMPORARY WORKS DESIGN CHECK 9
4.7 PRE-INSTALLATION/ERECTION OF TEMPORARY WORKS 10
4.8 INSTALLATION/ERECTION, DISMANTLING, SUPERVISION AND INSPECTION OF TEMPORARY WORKS 10
4.8.1 WEEKLY INSPECTIONS 11
4.8.2 INSPECTIONS FOLLOWING ADVERSE WEATHER OR OTHER EVENTS 11
4.9 TEMPORARY WORKS INSPECTION 11
4.10 REMOVAL/DISMANTLING OF TEMPORARY WORKS 11
4.11 TEMPORARY WORKS REGISTER AND RECORDS 12
4.12 ADDITIONAL/ MISCELLANEOUS REQUIREMENTS 13
4.13 SAFETY AND OTHER REQUIREMENTS 13
5.0 REFERENCES AND FORMS 13
A risk is defined as “an uncertain event or condition that, if it occurs, has a positive and negative effect on a project’s objectives.” Risk is inherent with any project, and project managers should assess risk continually and develop plan to address them. The risk management plan contains an analysis of likely risks with both high and low impact, as well as mitigation strategies to help the project avoid being derailed should common problems arise. Risk management plans should be periodically reviewed by the project team in order to avoid having the analysis become stale and not reflective of actual potential project risks. Most critical, risk management plans include a risk strategy.
This module on Managing Risk discusses different type of risk that needs to be taken into account by the management while implementing a project. The other topics converged in this module include probability-impact matrix, Risk Quantification; Mitigating/Transferring risk; Risk audits/Review; Sample Risk plan and how to initiate Risk Management Planning.
Recently, Construction IQ conducted an online survey on construction project risk management. Some valuable statistics emerged from the results. Have a look at what your colleagues and peers in the industry had to say…
11 Piling Operations with Rebar Cage installation Risk Assessment Templates
Piling Rig checks on arrival to site
PRIOR TO USE
Access of rig and delivery vehicles to work areas
Siting and setting up of piling rig
Piling operation
(Mobile rig Operator)
Rebar cage fabrication
Pile case and rebar cage lifting operations
Occupational Safety and Health Management in Construction IndustryNorrazman Zaiha Zainol
Management of occupational safety and health in construction industry. Module consists of related rules and regulations, OSHMS and HIRARC in work place. Discuss on OSHA 1994 and FMA 1967.
TEMPORARY WORKS MANAGEMENT PLAN
SECTION PAGE NO
1.0 DESCRIPTION AND SCOPE 3
2.0 GLOSSARY 3
3.0 RESPONSIBILITIES 5
4.0 PROCEDURE 5
4.1 APPOINTMENT OF TEMPORARY WORKS PERSONNEL 5
4.2 TEMPORARY WORKS SCHEDULE/REGISTER 6
4.3 TEMPORARY WORKS SCHEME CONCEPT 7
4.4 TEMPORARY WORKS CLASSIFICATION 7
4.5 TEMPORARY WORKS DESIGN 8
4.6 TEMPORARY WORKS DESIGN CHECK 9
4.7 PRE-INSTALLATION/ERECTION OF TEMPORARY WORKS 10
4.8 INSTALLATION/ERECTION, DISMANTLING, SUPERVISION AND INSPECTION OF TEMPORARY WORKS 10
4.8.1 WEEKLY INSPECTIONS 11
4.8.2 INSPECTIONS FOLLOWING ADVERSE WEATHER OR OTHER EVENTS 11
4.9 TEMPORARY WORKS INSPECTION 11
4.10 REMOVAL/DISMANTLING OF TEMPORARY WORKS 11
4.11 TEMPORARY WORKS REGISTER AND RECORDS 12
4.12 ADDITIONAL/ MISCELLANEOUS REQUIREMENTS 13
4.13 SAFETY AND OTHER REQUIREMENTS 13
5.0 REFERENCES AND FORMS 13
A risk is defined as “an uncertain event or condition that, if it occurs, has a positive and negative effect on a project’s objectives.” Risk is inherent with any project, and project managers should assess risk continually and develop plan to address them. The risk management plan contains an analysis of likely risks with both high and low impact, as well as mitigation strategies to help the project avoid being derailed should common problems arise. Risk management plans should be periodically reviewed by the project team in order to avoid having the analysis become stale and not reflective of actual potential project risks. Most critical, risk management plans include a risk strategy.
This module on Managing Risk discusses different type of risk that needs to be taken into account by the management while implementing a project. The other topics converged in this module include probability-impact matrix, Risk Quantification; Mitigating/Transferring risk; Risk audits/Review; Sample Risk plan and how to initiate Risk Management Planning.
Large scale construction projects suffer from cost and time overruns that are typically a symptom of productivity problems and directly affect overall industry profitability. As a result, methodologies have been developed to reduce the risk of overruns and improve project outcomes. A number of these methods are based upon Lean production principles that focus on identifying value, eliminating waste and creating a smooth flow of materials, information and work. The application of Lean to construction is based upon treating the construction site as a temporary production line and is referred to as Lean Construction.
Agile methods have been found to improve the reliability of project delivery in complex environments, by decomposing the scope into small manageable parts, then completing these parts in order of greatest value. Although Agile and Lean methods share many common values and principles, Agile methods have not been properly investigated as a means of reducing the overruns associated with large scale construction projects.
Project Name: xxx
RA Ref No.: xxx
RA compilation Date: Review date:
Date:
Compiled by:
Reviewed by:
Approved by:
Overall Task Details
Use of mechanical breakers – excavator – for demolition of concrete structure Relevant Applicable MAS:
• 00940 – Plant Operators; Additional Training required:
NOC’s Required for task:
RISK SCORE CALCULATOR
Use the Risk Score Calculator to Determine the Level of Risk of each Hazard
What would be the
CONSEQUENCE
of an occurrence be? What is the LIKELIHOOD of an occurrence? Hierarchy of Controls
Frequent/Almost certain (5)
Continuous or will happen frequently Often (4)
6 to 12 times a year Likely (3)
1 to 5 times a year Possible (2)
Once every 5 years Rarely (1)
Less than once every 5 years Can the hazard be Eliminated or removed from the work place?
Catastrophic (5)
Multiple Fatalities High 25 High 20 High 15 Medium 10 Medium 5 Can the product or process be substituted for a less hazardous alternative?
Serious (4)
Class 1 single fatality High 20 High 16 High 12 Medium 8 Low 4 Can the hazard be engineered away with guards or barriers?
Moderate (3)
Class2 (AWI or LTI) or Class 1 Permanently disabling effects High 15 High 12 Medium 9 Medium 6 Low 3 Can Administration Controls be adopted
I.e. procedures, job rotation etc.
Minor (2)
Medical attention needed, no work restrictions. MTI Medium10 Medium 8 Medium 6 Low 4 Low 2 Can Personal Protective Equipment & Clothing be worn to safe guard against hazards?
Insignificant (1)
FAI Medium10 Medium 4 Low 3 Low 2 Low 1
No Specific Task Step
(In sequence of works) Hazard Details Consequence/Risk Initial Risk Rating Control Measures Residual Risks Additional Control Measures RR
L C RR
1 Plant checks on arrival to site
PRIOR TO SITE ACCESS • Use of heavy plant for demolition; • Unauthorized operation of the plant resulting in incident;
• Failure due to use of un-certificated plant;
3 4 12
HIGH i. All plant to be Third Party Certificated by a DM approved inspector, documentation available on arrival to site;
ii. Operators to have in-date Third Party certificate by approved body, available for review on arrival to site;
iii. Visual inspection of plant undertaken by competent person; Documentation unavailable for review Plant quarantined until evidence provided Low
2 Demolition of concrete structure • Excavator breaker operation
• (Operator)Plant / pedestrian interaction;
• Operator visibility; • Incident due to use of defective plant or associated equipment;
• Plant reversing – risk of serious injury to pedestrians;
• Unauthorized use of plant by untrained personnel;
• Collision with plant and live traffic within site boundary;
• Workers struck by working plant, very high risk of fatality;
• Noise;
• Exposed rebar – risk of injury;
• Possible contamination of asbestos in structure;
• Proximity to public areas;
4 4 16 HIGH i. Demolition Method statement to be submitted and adhered to. Demolition to be undertaken in a sequential, controlled
Project Name: xxx
RA Ref No.: xxx
RA compilation Date: Review date:
Date:
Compiled by:
Reviewed by:
Approved by:
Overall Task Details
Temporary Falsework for formwork support. Classed as Temporary Works Relevant Applicable MAS:
• 01411 – MEWP’s;
• 00236 - Housekeeping Additional Training required:
Temporary Works Coordinator to be designated NOC’s Required for task:
RISK SCORE CALCULATOR
Use the Risk Score Calculator to Determine the Level of Risk of each Hazard
What would be the
CONSEQUENCE
of an occurrence be? What is the LIKELIHOOD of an occurrence? Hierarchy of Controls
Frequent/Almost certain (5)
Continuous or will happen frequently Often (4)
6 to 12 times a year Likely (3)
1 to 5 times a year Possible (2)
Once every 5 years Rarely (1)
Less than once every 5 years Can the hazard be Eliminated or removed from the work place?
Catastrophic (5)
Multiple Fatalities High 25 High 20 High 15 Medium 10 Medium 5 Can the product or process be substituted for a less hazardous alternative?
Serious (4)
Class 1 single fatality High 20 High 16 High 12 Medium 8 Low 4 Can the hazard be engineered away with guards or barriers?
Moderate (3)
Class2 (AWI or LTI) or Class 1 Permanently disabling effects High 15 High 12 Medium 9 Medium 6 Low 3 Can Administration Controls be adopted
I.e. procedures, job rotation etc.
Minor (2)
Medical attention needed, no work restrictions. MTI Medium10 Medium 8 Medium 6 Low 4 Low 2 Can Personal Protective Equipment & Clothing be worn to safe guard against hazards?
Insignificant (1)
FAI Medium10 Medium 4 Low 3 Low 2 Low 1
No Specific Task Step
(In sequence of works) Hazard Details Consequence/Risk Initial Risk Rating Control Measures Residual Risks Additional Control Measures RR
P S RR
1 Access to work areas by personnel and plant.
Material delivery to work area;
• Vehicles and workers in same working area;
• Storage of materials for falsework;
• Use of plant – forklift etc.; • Collision with plant or vehicles and live traffic;ac
• Workers struck by plant, very high risk of fatality;
• Workers struck by plant;
• Poor or unsafe storage, collapse;
• Untrained operators; 4 5 20
HIGH i. Worker pedestrian routes to be designed and implemented with clear signage;
ii. Instruction to workers at induction on use of access routes around the project;
iii. All plant and operators to be Third Party certificated by approved body;
iv. Flagmen to be used to control personnel (only on roads below 80kph);
v. Falsework materials stored correctly, no more than 2 pallets high and banded together when transporting;
vi. In traffic enclosed areas suitable welfare and first aid facilities shall be implemented to minimized worker movements;
vii. The Logistics plan shall clearly illustrate access and egress points; Workers not complying with controls All supervision to monitor operation;
Regular topic in TBT’s Low
2 Use of powered access equipment for assembly of false-work (if required) • Use of MEWP
(Mobile Elevated
Need to present lean project tools and techniques, SlideTeam offers you the lean project management PowerPoint Presentation. You can easily impart your business information with help of this lean practices PowerPoint slides. This lean thinking presentation templates contain slides on project planning process, dimensions of business planning, elements of project lifecycle, business objective, business scope, program phases, critical path, activity planner, week scheduler, yearly scheduler, tasks status dashboard, work breakdown structure, planning stages, work process, team management, planning and timeline, concept development, activity network, risk identification, progress against baseline schedule, alternatives evaluation and budgeting. With this lean manufacturing PowerPoint template, you can showcase various topics like six sigma, startup business, waste management, enterprise planning, improvement process, risk assessment, value stream mapping, and construction planning and change management. You can save time and enhance your Presentation skills by using our lean project management PowerPoint Presentation. Our Lean Project Management Powerpoint Presentation Slide will further your efforts. Their effect will draw in a bigger applause.
Construction Safety Training_Session 01_Overview of the Construction IndustryMuizz Anibire
Construction Safety Training SHORT COURSE
The objective of this course is to develop understanding of the fundamental concepts of construction safety. Students will learn about the common hazards in the construction industry, risk assessment, and control methods.
Session 01_Overview of the Construction Industry
Health and safety is one of the most important considerations you should take before any construction project gets underway. You should always make sure that all aspects of health and safety have been considered before you step foot on the construction site. Health and safety in construction are particularly important because the industry is prone to hazardous situations and can be dangerous at times.This can lead to a huge loss in working hours and also mean that workers are unhappy within their job roles. There are some major reasons why health and safety is important in the workplace.
15 Formwork (Temporary Works) Risk Assessment Templates
Access to work areas by personnel and plant.
Material delivery to work area;
Formwork installation
(Classified as Temporary Structures)
Housekeeping when erecting formwork
Dismantling of form-work
Maintenance of Formwork
Worker exposure to direct sun whist working on formwork
(as applicable)
Large scale construction projects suffer from cost and time overruns that are typically a symptom of productivity problems and directly affect overall industry profitability. As a result, methodologies have been developed to reduce the risk of overruns and improve project outcomes. A number of these methods are based upon Lean production principles that focus on identifying value, eliminating waste and creating a smooth flow of materials, information and work. The application of Lean to construction is based upon treating the construction site as a temporary production line and is referred to as Lean Construction.
Agile methods have been found to improve the reliability of project delivery in complex environments, by decomposing the scope into small manageable parts, then completing these parts in order of greatest value. Although Agile and Lean methods share many common values and principles, Agile methods have not been properly investigated as a means of reducing the overruns associated with large scale construction projects.
Project Name: xxx
RA Ref No.: xxx
RA compilation Date: Review date:
Date:
Compiled by:
Reviewed by:
Approved by:
Overall Task Details
Use of mechanical breakers – excavator – for demolition of concrete structure Relevant Applicable MAS:
• 00940 – Plant Operators; Additional Training required:
NOC’s Required for task:
RISK SCORE CALCULATOR
Use the Risk Score Calculator to Determine the Level of Risk of each Hazard
What would be the
CONSEQUENCE
of an occurrence be? What is the LIKELIHOOD of an occurrence? Hierarchy of Controls
Frequent/Almost certain (5)
Continuous or will happen frequently Often (4)
6 to 12 times a year Likely (3)
1 to 5 times a year Possible (2)
Once every 5 years Rarely (1)
Less than once every 5 years Can the hazard be Eliminated or removed from the work place?
Catastrophic (5)
Multiple Fatalities High 25 High 20 High 15 Medium 10 Medium 5 Can the product or process be substituted for a less hazardous alternative?
Serious (4)
Class 1 single fatality High 20 High 16 High 12 Medium 8 Low 4 Can the hazard be engineered away with guards or barriers?
Moderate (3)
Class2 (AWI or LTI) or Class 1 Permanently disabling effects High 15 High 12 Medium 9 Medium 6 Low 3 Can Administration Controls be adopted
I.e. procedures, job rotation etc.
Minor (2)
Medical attention needed, no work restrictions. MTI Medium10 Medium 8 Medium 6 Low 4 Low 2 Can Personal Protective Equipment & Clothing be worn to safe guard against hazards?
Insignificant (1)
FAI Medium10 Medium 4 Low 3 Low 2 Low 1
No Specific Task Step
(In sequence of works) Hazard Details Consequence/Risk Initial Risk Rating Control Measures Residual Risks Additional Control Measures RR
L C RR
1 Plant checks on arrival to site
PRIOR TO SITE ACCESS • Use of heavy plant for demolition; • Unauthorized operation of the plant resulting in incident;
• Failure due to use of un-certificated plant;
3 4 12
HIGH i. All plant to be Third Party Certificated by a DM approved inspector, documentation available on arrival to site;
ii. Operators to have in-date Third Party certificate by approved body, available for review on arrival to site;
iii. Visual inspection of plant undertaken by competent person; Documentation unavailable for review Plant quarantined until evidence provided Low
2 Demolition of concrete structure • Excavator breaker operation
• (Operator)Plant / pedestrian interaction;
• Operator visibility; • Incident due to use of defective plant or associated equipment;
• Plant reversing – risk of serious injury to pedestrians;
• Unauthorized use of plant by untrained personnel;
• Collision with plant and live traffic within site boundary;
• Workers struck by working plant, very high risk of fatality;
• Noise;
• Exposed rebar – risk of injury;
• Possible contamination of asbestos in structure;
• Proximity to public areas;
4 4 16 HIGH i. Demolition Method statement to be submitted and adhered to. Demolition to be undertaken in a sequential, controlled
Project Name: xxx
RA Ref No.: xxx
RA compilation Date: Review date:
Date:
Compiled by:
Reviewed by:
Approved by:
Overall Task Details
Temporary Falsework for formwork support. Classed as Temporary Works Relevant Applicable MAS:
• 01411 – MEWP’s;
• 00236 - Housekeeping Additional Training required:
Temporary Works Coordinator to be designated NOC’s Required for task:
RISK SCORE CALCULATOR
Use the Risk Score Calculator to Determine the Level of Risk of each Hazard
What would be the
CONSEQUENCE
of an occurrence be? What is the LIKELIHOOD of an occurrence? Hierarchy of Controls
Frequent/Almost certain (5)
Continuous or will happen frequently Often (4)
6 to 12 times a year Likely (3)
1 to 5 times a year Possible (2)
Once every 5 years Rarely (1)
Less than once every 5 years Can the hazard be Eliminated or removed from the work place?
Catastrophic (5)
Multiple Fatalities High 25 High 20 High 15 Medium 10 Medium 5 Can the product or process be substituted for a less hazardous alternative?
Serious (4)
Class 1 single fatality High 20 High 16 High 12 Medium 8 Low 4 Can the hazard be engineered away with guards or barriers?
Moderate (3)
Class2 (AWI or LTI) or Class 1 Permanently disabling effects High 15 High 12 Medium 9 Medium 6 Low 3 Can Administration Controls be adopted
I.e. procedures, job rotation etc.
Minor (2)
Medical attention needed, no work restrictions. MTI Medium10 Medium 8 Medium 6 Low 4 Low 2 Can Personal Protective Equipment & Clothing be worn to safe guard against hazards?
Insignificant (1)
FAI Medium10 Medium 4 Low 3 Low 2 Low 1
No Specific Task Step
(In sequence of works) Hazard Details Consequence/Risk Initial Risk Rating Control Measures Residual Risks Additional Control Measures RR
P S RR
1 Access to work areas by personnel and plant.
Material delivery to work area;
• Vehicles and workers in same working area;
• Storage of materials for falsework;
• Use of plant – forklift etc.; • Collision with plant or vehicles and live traffic;ac
• Workers struck by plant, very high risk of fatality;
• Workers struck by plant;
• Poor or unsafe storage, collapse;
• Untrained operators; 4 5 20
HIGH i. Worker pedestrian routes to be designed and implemented with clear signage;
ii. Instruction to workers at induction on use of access routes around the project;
iii. All plant and operators to be Third Party certificated by approved body;
iv. Flagmen to be used to control personnel (only on roads below 80kph);
v. Falsework materials stored correctly, no more than 2 pallets high and banded together when transporting;
vi. In traffic enclosed areas suitable welfare and first aid facilities shall be implemented to minimized worker movements;
vii. The Logistics plan shall clearly illustrate access and egress points; Workers not complying with controls All supervision to monitor operation;
Regular topic in TBT’s Low
2 Use of powered access equipment for assembly of false-work (if required) • Use of MEWP
(Mobile Elevated
Need to present lean project tools and techniques, SlideTeam offers you the lean project management PowerPoint Presentation. You can easily impart your business information with help of this lean practices PowerPoint slides. This lean thinking presentation templates contain slides on project planning process, dimensions of business planning, elements of project lifecycle, business objective, business scope, program phases, critical path, activity planner, week scheduler, yearly scheduler, tasks status dashboard, work breakdown structure, planning stages, work process, team management, planning and timeline, concept development, activity network, risk identification, progress against baseline schedule, alternatives evaluation and budgeting. With this lean manufacturing PowerPoint template, you can showcase various topics like six sigma, startup business, waste management, enterprise planning, improvement process, risk assessment, value stream mapping, and construction planning and change management. You can save time and enhance your Presentation skills by using our lean project management PowerPoint Presentation. Our Lean Project Management Powerpoint Presentation Slide will further your efforts. Their effect will draw in a bigger applause.
Construction Safety Training_Session 01_Overview of the Construction IndustryMuizz Anibire
Construction Safety Training SHORT COURSE
The objective of this course is to develop understanding of the fundamental concepts of construction safety. Students will learn about the common hazards in the construction industry, risk assessment, and control methods.
Session 01_Overview of the Construction Industry
Health and safety is one of the most important considerations you should take before any construction project gets underway. You should always make sure that all aspects of health and safety have been considered before you step foot on the construction site. Health and safety in construction are particularly important because the industry is prone to hazardous situations and can be dangerous at times.This can lead to a huge loss in working hours and also mean that workers are unhappy within their job roles. There are some major reasons why health and safety is important in the workplace.
15 Formwork (Temporary Works) Risk Assessment Templates
Access to work areas by personnel and plant.
Material delivery to work area;
Formwork installation
(Classified as Temporary Structures)
Housekeeping when erecting formwork
Dismantling of form-work
Maintenance of Formwork
Worker exposure to direct sun whist working on formwork
(as applicable)
Final Class Presentation on Determining Project Stakeholders & Risks.pptxGeorgeKabongah2
“A person or group of people who have a vested interest in the success of an organization or project and the environment in which the organization/ project operates”
Kuala Lumpur - PMI Global Congress 2009 - Risk ManagementTorsten Koerting
Presentation on Risk Management Tools, like Risk Register, Risk Profile Presentation Options, How to facilitate a Risk Assessment and effective Processes for day to day application of Risk Management in your Project
This Risk Management Standard is the
result of work by a team drawn from the
major risk management organisations in
the UK - The Institute of Risk
Management (IRM),The Association of
Insurance and Risk Managers (AIRMIC)
and ALARM The National Forum for
Risk Management in the Public Sector.
In addition, the team sought the views and
opinions of a wide range of other
professional bodies with interests in risk
management, during an extensive period
of consultation.
MBA 6941, Managing Project Teams 1 Course Learning Ou.docxaryan532920
MBA 6941, Managing Project Teams 1
Course Learning Outcomes for Unit VI
Upon completion of this unit, students should be able to:
4. Explore the dynamics of project teams.
4.1 Describe the positive and negative risks of a project and how they can affect the project team.
4.2 Identify risk response plans based on the key processes of project risk management and how
team members can play a role in these plans.
Reading Assignment
Chapter 14:
Risk
Unit Lesson
Project risk is an uncertain event in the future, and if it occurs, it will have a positive or negative impact on one
or more project objectives, including scope, schedule, cost, and quality. Risk may have one or more causes
such as requirement, assumption, and constraints or conditions that create the possibility of negative or
positive outcomes.
It is normal even for the extremely organized and most carefully planned project to run into unexpected
troubles. Several factors such as inadequate resources, the project environment, the project management
processes, and other facets can contribute to project risks. We will be able to anticipate some risks in
advance and come up with response plans; other risk events will occur unannounced during the project.
Team members can get sick or quit unexpectedly, sudden weather change can drastically limit your options,
and even resources that you are depending on may become unavailable. The purpose of risk management is
to identify potential problems that could cause concern for your project, analyze how likely and at what
frequency they will occur, take preventive actions for the ones you can avoid, and minimize the impacts and
probability for the ones you cannot avoid. There are two generalized types of risk:
business risk (risk of loss/threat or gain/opportunity) and
pure risk (only a risk of loss/threat)—are sometimes also called insurable risks and can include
events like fire, theft, personal injury, and other elements.
Opportunity (Positive Risk): These are the risks with positive effects. It is a favorable situation in the
organizational environment. Some examples include the arrival of new technology or the removal of an
international trade barrier. In addition, the fulfillment of a previously unfulfilled customer need may have a
significant positive impact on your project.
Threats (Negative Risk): These are external elements in the environment that arise from political, economic,
social, and technological (PEST) forces and can cause trouble for the business. Some examples can include
new regulations, increased trade barriers, or the emergence of substitute products.
A few additional threats include the following:
anything external that might cause problems, damage, or injury;
technological developments that may make your offerings obsolete;
market changes that may result from changes in customer needs, competitor’s moves, or
demographic shifts; or
the ...
Abstract
Key Features
Assessment
Introduction
Measures
Figure 1. This is the Risk Assessment Matrix Chart on the basis of the overall scenario
(continued)
Discussion
Figure1. The overall scenario of Risk management analysis on basis of survey and guidelines :
Safety of Risk Management
Risk management is an activity which integrates recognition of risk, risk assessment, developing strategies to manage it, and mitigation of risk using managerial resources. Some traditional risk managements are focused on risks stemming from physical or legal causes (e.g. natural disasters or fires, accidents, death).
Financial risk management, on the other hand, focuses on risks that can be managed using traded financial instruments. Objective of risk management is to reduce different risks related to a pre-selected domain to an acceptable. It may refer to numerous types of threats caused by environment, technology, humans,
organizations and politics. The paper describes the different steps in the risk management process which methods are used in the different steps, and provides some examples for risk and safety management.
The risk management steps are:
1. Establishing goals and context ,
2. Identifying risks,
3. Analysing the identified risks,
4. Assessing or evaluating the risks,
5. Treating or managing the risks,
6. Monitoring and reviewing the risks and the risk environment regularly, and
7. Continuously communicating, consulting with stakeholders and reporting.
Some of the risk management tools are described in (IEC 2008) and (Oehmen 2005).
As per discussed about the overall visualisation of safety risk management we can conclude by the stated figure about the outcome of the risk factor in different zone or field of work .
The common concept in all definitions is uncertainty of outcomes. Where they differ is in how they characterize outcomes. Some describe risk as having only adverse consequences, while others are neutral.
One description of risk is the following: risk refers to the uncertainty that surrounds future events and outcomes. It is the expression of the likelihood and impact of an event with the potential to influence the achievement of an organization's objectives.
The phrase "the expression of the likelihood and impact of an event" implies that, as a minimum, some form of quantitative or qualitative analysis is required for making decisions
concerning major risks or threats to the achievement of an organization's objectives. For each risk, two calculations are required: its likelihood or probability; and the extent of the impact or consequences.
Establish goals and context:- The purpose of this stage of planning enables to understand the environment in which the
respective organization operates, that means to thoroughly understand the external environment and the internal culture of the organization.
Identify the risks :- Using the information gained from the context, particularly as cat.
– RISK MANAGEMENT: PROCEDURES, METHODS AND EXPERIENCES RT&A # 2(17) (Vol.1) 2010, June 83 Figure 2. Risk management process. The establishment of the context and culture is undertaken through a number of environmental analyses that include, e.g., a review of the regulatory requirements, codes and standards, industry guidelines as well as the relevant corporate documents and the previous year’s risk management and business plans. Part of this step is also to develop risk criteria. The criteria should reflect the context defined, often depending on an internal policies, goals and objectives of the organization and the interests of stakeholders. Criteria may be affected by the perceptions of stakeholders and by legal or regulatory requirements
1. Project Management
Skills and Techniques
Risk Management
Seminar for Built Environment
Procedures and Organisation
Dr Andrew Kimmance
PhD, BSc (Hons), MSc-Eng, MCIOB, MAPM, CEng
2. Learning Outcome
Explain the concepts and definitions of Risk
Introduction to Risk (Session 1)
What is Risk?
Risk in Construction
Types of Risk in Construction
Risk Management
Explain the types of risk in construction
Risk Response Methods
Risk Assessment (Session 2)
3. Definition of Risks
Any definition of risk is likely to carry an element of
subjectivity, depending upon the nature of the risk
and to what it is applied.
In the context of assessment, risk is defined as the
likelihood that harm from a particular hazard will be
realised; that is, the probability of an event and its
consequences. Where as,
Risk management is the practice of using processes,
risk methods and tools for managing these risks.
Risk Process : Stages or Steps
Risk Analysis: Techniques Method Approach
Risk Assessment: Product - Process Output
4. All real projects carry risk through uncertainty, and
are faced with various levels (H,M,L) of risk
exposure.
Each activity/task which make up the process of
completing a project faces risks that could
present threats to its success.
Risk management focuses on identifying what could
go wrong in a project (and its activities), evaluating
which risks should be dealt with and implementing
strategies to deal with those risks.
Construction managers that have identified the risks
within a project will be better prepared and have a
more cost-effective way of dealing with them.
Definition of Risk....Cont
12. Types of Risks in Construction
Physical
Risks
Financial
Economic
&
Acts
of
God
Political
Environ.
&
Design
Const.
Related
Physical
Damage to
structure
Damage to
equipment
Labor injuries
Fire
Theft
13. Types of Risks in Construction….
Physical
Risks
Financial
Economic
&
Acts
of
God
Political
Environ.
&
Design
Const.
Related
Financial &
Economic
Inflation
Availability of
funds
Exchange rate
fluctuations
Financial default
Delay in Payment
14. Types of Risks in Construction…..
Physical
Risks
Financial
Economic
&
Acts
of
God
Political
Environ.
&
Design
Const.
Related
Political &
Environmental
Changes in laws
and regulations
Requirement for
permits
Law & order
Pollution and
safety rules
15. Types of Risks in Construction
Physical
Risks
Financial
Economic
&
Acts
of
God
Political
Environ.
&
Design
Const.
Related
Design
Incomplete
design scope
Defective design
Errors &
omissions
Inadequate (site)
specifications or
investigations
17. Risk Management
A systematic approach to control the level
of risk to mitigate its effects.
Risk IdentificationRisk Identification
Risk EstimationRisk Estimation
Risk EvaluationRisk Evaluation
Risk ResponseRisk Response
Risk MonitoringRisk Monitoring
Controlled
Risk
Environment
Risk IdentificationRisk Identification
Risk EstimationRisk Estimation
Risk EvaluationRisk Evaluation
Risk ResponseRisk Response
Risk MonitoringRisk Monitoring
Risk
Analysis
Risk Management Life Cycle
18. Control It
Share or
Transfer It
Diversify or
Avoid It
Risk
Management
Process
Level
Activity
Level
Entity Level
Risk
Monitoring
Identification
Measurement
Prioritization
Risk
Assessment
Risk Analysis
19. Risk Analysis
Estimating the potential impacts of risk to decide what risks to
retain and what risks to transfer to other parties
Ranking options
Comparing options
Descriptive analysis
Qualitative
Risk Analysis Techniques
Probability analysis
Sensitivity analysis
Simulation techniques
Quantitative
Evaluation
20. Risk Response Process
Risk Response Methods
Elimination Transfer ReductionRetention
Risk
Process
Evaluation Acceptance Identifying
21. Risk Evaluation
Undertaken at regular intervals after risk
analysis is finished, and
Need to compare against a risk criteria:
Associated costs and benefits
Legal requirements
Social, economic and environmental factors
Management, shareholders concerns
Used to enhance the decisions taken to either
accept specific risks or ways of controlling or
treating risks
22. Risk Acceptance
The systematic process using specific criteria
by which relevant stakeholders agree that risk
may be accepted
Usually the final stage in risk management to ensure
that every risk has been reviewed at the appropriate
level
Have everything been done that is Reasonably
Practicable to reduce the level of Safety Risk posed
by the identified Accidents, individually and in total?
And:
Are they now Broadly Acceptable or Tolerable and
As Low As Reasonably Practicable?
23. Risk Acceptance Cont...
Undertaken to ensure all risks has been reviewed at
appropriate management levels prior to approval of the
Risk (Safety) Assessment Plan and Report
Various techniques can be used, such as:
3x3 or 5x5 matrix , (1, 2, 3,..10), (high, median, low)
SWOT Analysis (e.g., threats and opportunities)
Questionnaires (surveys)
Brainstorming and/or problem solving (sessions)
Incident (accident) Investigation
Auditing and Inspecting Criteria
Risk assessments (health and safety analysis)
24. Identifying Risks
Strategic Level: (capital, reputation, changes, legal,
agreements, political, environmental)
Operational (day to day issues from strategic concerns,
contract disputes, performance and workmanship,)
Financial (credit, exchange rates, interest rates,
markets, earnt value performance (EVM))
Compliance (CDM, health & safety, regulations, EU,
environmental constraints, trade acts,
Knowledge Management ( communication systems,
Information technology, suppliers, materials)
25. Risk Treatment
Risk Response Methods
Elimination Transfer ReductionRetention
Risk Elimination Practices
Tendering a very high bid
Placing conditions on the bid
Pre-contract negotiations as to which party takes
certain risks
Not biding on the high risk portion of the contract
26. Risk Treatment Cont….
Risk Response Methods
Elimination Transfer ReductionRetention
Risk Transfer
Two basic forms.
(a) The activity responsible for the risk may be
transferred, i.e. hire a subcontractor to work on
a hazardous process
(b) The activity may be retained, but the financial
risk transferred, i.e. methods such as insurance.
27. Risk Treatment….Cont
Risk Response Methods
Elimination Transfer ReductionRetention
Risk Retention
Handling risks by the company who is undertaking
the project.
Two retention methods, active and passive.
Active retention is a deliberate management strategy
after a conscious evaluation of the possible losses
and costs of alternative ways of handling risks.
Passive retention occurs through negligence,
ignorance or absence of decision.
28. Risk Treatment Cont….
Risk Response Methods
Elimination Transfer ReductionRetention
Risk Reduction
Continuous effort.
Related with improvements of a company’s
physical, procedural, educational, and training
devices.
Improving housekeeping, maintenance, first aid
procedures and security.
Education and training within every department .
30. Risk Assessments (facts)
The construction industry is subject to more
risk and uncertainty from injuries, recession,
bankruptcies, than perhaps any other industry.
Risk assessments form the cornerstone of
health and safety legislation in the UK, EU,
and
The requirement for construction organisations
to prepare risk assessments are clearly
outlined in a number of health and safety acts
and regulations.
31. Risk Assessment Cont...
A Risk Assessment is used in construction
safety to identify, document and eliminate or
reduce hazards in a particular work activity or
process.
A risk assessment evaluates a company's work
activities, and considers areas where there may
be losses for employers, customers and
employees.
A risk assessment should be carried out for
anything that has the potential (all activities) to
cause harm or injury to an employee (anyone).
32. Risk Assessments Cont....
Ultimately a risk assessment is a process which
helps Construction Managers (employers) identify
such factors as:
when a hazard may occur,
the severity of that hazard,
frequency of exposure, and
possibility of minimising or avoiding harm.
The process involves a review of workplace
safety, inspections, identification of task/hazard
pairs, and prioritising for elimination or control.
33. Risk Assessment Process
• Risk assessment also fits into a four-part
process for risk control, through the
setting of health and safety standards,
as follows:
1. Hazard identification.
2. Risk assessment and evaluation.
3. Risk control - the selection of suitable
measures to eliminate or control risks.
4. Implementing and maintaining
(monitoring) control measures.
34. Risk Assessment Cont...
In deciding upon preventive and protective
control measures, the following key
principles should be applied:
1. It is always best, if possible, to avoid the risk
altogether.
2. Combat risks at source.
3. Wherever possible, adapt the work to the
individual.
4. Take advantage of technological and
technical progress.
5. They should form part of a coherent policy
and approach.
35. Risk Assessments Cont....
6. Give priority to these measures which
protect the whole workplace.
7. Workers need to be involved, and
understand what they need to do.
8. A positive 'safety culture' should be
developed within the organisation.
9. PPE should only ever be relied upon as the
last line of defence against a known
hazard.
37. Exercise One
Prepare a Risk Assessment for a small
construction project of your choosing:
The risk assessment will need to identify
and evaluate the risks that are presented by
the activities that are undertaken each day
on your construction project,
You will need to develop control measures
to either eliminate or control the effects of
the hazards.