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Management Plan for Hospital Construction Assignment

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Added on  2021-05-07

Management Plan for Hospital Construction Assignment

   Added on 2021-05-07

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Running Head: MANAGEMENT PLAN FOR HOSPITAL CONSTRUCTION 1The management plan for hospital constructionNameInstitutionCourseDate
Management Plan for Hospital Construction Assignment_1
MANAGEMENT PLAN FOR HOSPITAL CONSTRUCTION 2TABLE OF CONTENTSIntroduction.....................................................................................................3Project management components............................................................................4Risk identification and categories...........................................................................4Risk strategies.................................................................................................5Methodologies.................................................................................................7Risk responsibilities...........................................................................................8Risk assessment................................................................................................8Risk response...................................................................................................9Funding.......................................................................................................10Stakeholder risk appetite....................................................................................11Risk tracking and reporting.................................................................................11Conclusion.....................................................................................................12References....................................................................................................14
Management Plan for Hospital Construction Assignment_2
MANAGEMENT PLAN FOR HOSPITAL CONSTRUCTION 3INTRODUCTIONRisk refers to a circumstance that has chances of taking place and could either negatively affect aproject (Szymański, 2017). Risk management involves processes that go on from the beginningto the end of a particular project. Risk management includes activities for risk managementidentification, analysis, planning, control, and monitoring. Risk management's objective is toreduce the impact and probability of events that may negatively affect a project. Recognition ofrisk starts before initiating a project, and the risks may multiply as a project matures. All risksidentified during a project should be documented. In healthcare, risk management in installing anangiography system will involve a systematic and comprehensive way of recognizing,responding, and analyzing risk that may hinder the achievement of the project's objectives. A risk management plan is important as it will help identify risks and analyze improvements ofthe construction project of installing an angiography system to use available resources better(Szymański, 2017). Installing an angiography system can be difficult and full of manyuncertainties. Uncertainties and risks associated with installing these systems can havedevastating effects during the project; hence risk management and analysis continue to be one ofthe main features in the project of construction projects in dealing with unexpected events anduncertainties that may hinder project success. A construction project involving installing anangiography system may include many participants whose interests may be negatively orpositively influenced by project completion or execution. The many participants, usually withdiverse knowledge and skills, may have various interests and expectations, which naturallybrings about challenges and confusion to the best-exposed contractors and project managers.
Management Plan for Hospital Construction Assignment_3
MANAGEMENT PLAN FOR HOSPITAL CONSTRUCTION 4Costs of risk is a key concept to consider as it is one of the main expense items during theconstruction project. Project management planRisk identification and risk categories.Risks will be identified from various sources, and Some risks will be identified before the projectkick-off because they are pronounced. Some of the risks that will identified before the hospitalconstruction project installing Artis Pheno siemens are health and safety risks. One of the healthand safety risks is Coronavirus disease. Coronavirus may spread from one person to the other if,for example, a worker installing angiography system is positive. Others will be identified duringthe lifecycle of the project by any individual associated with the project. An example is atechnical risk, which addresses that the technology used in installing an angiography system willnot meet the expected project goals and objectives. Some of the risks will be due to externalinfluences that will be uncontrollable by the project team, while others will be inherent to theproject. These are economic risks, natural risks and political risks. When there will be changes inthe market conditions, the installation of an angiography system will become expensive. Naturalrisks factors such as earthquakes and floods will damage the angiography system. Political risksinvolve changes in government policy or political environment. A hospital construction projectwill be unsuccessful if political risks such as workers and war strike occur. There are privacy risks whereby workers leak information about installing the angiographysystem to the irrelevant authorities. Governance risks may also emerge whereby the hospital willbe unable to meet the health regulations of the workers as outlined in the Occupational Safetyand Health Administration (OSHA). The workers will be exposed to dangerous chemicals
Management Plan for Hospital Construction Assignment_4

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