Case Study Analysis of R.L. Frank Construction Company

Running head: Case Study Analysis of R.L. Frank Construction Company
Case Study Analysis of R.L. Frank Construction Company
Name of the student:
Name of the university:
Author Note:

Case Study Analysis of R.L. Frank Construction Company1
Table of Contents
1.0 Introduction..........................................................................................................................2
1.1 Identification and critical assessment of possible risks....................................................2
1.1.1 The likelihood scale..................................................................................................2
1.1.2 The impact scale........................................................................................................3
1.1.3 The risk level.............................................................................................................4
2.0 The risk analysis for the R.L. Frank Construction Company..............................................5
3.0 Risk treatment and action plan.............................................................................................7
4.0 Conclusion..........................................................................................................................10
5.0 References..........................................................................................................................11

Case Study Analysis of R.L. Frank Construction Company2
1.0 Introduction
This part of the report deals with the significant risk that are associated with the
overall Risks that may be identified within the overall construction project. The below report
will be dealing with the overall constraints that are associated with the construction project of
the R.L. Frank Construction Company. This company significantly deals with the engineering
as well as construction firms regarding the carrying out of the project in the sectors of
petroleum, chemical, iron and steel, petrochemical, pharmaceutical as well as food processing
that tends to provide its services worldwide.
In respect to the case study, the Frank organization has adhered a significant project
that is referred to as the Lewis project (Frank Construction company, 2019). There are
potential issues that the client of Lewis is facing in respect to the management of the project
by the Frank organization. These risks will be analysed in the further part of the report.
1.1 Identification and critical assessment of possible risks
The significant risks that are identified in regards to the construction company of R.L.
Frank Construction Company in accordance to the Lewis Project are depicted to be the risk
associated with the proper planning, the schedule of the project, the analysis of each stage of
the project and the financial budget that is required to complete the project. These may be
significant in regards to any construction company like Frank where they are carrying out the
project With Lewis Company. Thus, it might be mitigated for the smooth execution of the
overall functional consequences regarding the stated project. The following risk analysis and
evaluation table will significantly identify the risks in regards to the R.L. Frank Construction
Company.