Multi Storey Car Parking | Risk Assessment | PPT

MULTI STOREY
CAR PARKING
Risk Assessment

RISK IDENTIFICATION
 Risk needs to be identified at
the early stage so that it
becomes easy to mitigate the
challenges.
 With the help of risk
identification knowledge as this
helps in developing a project
with good communication
process.

RISKS IDENTIFIED IN THE
PROJECT
 Risk 1- Budget shortfall
 Risk 2- Schedule slippage
 Risk 3- Lack of experience among the team members
 Risk 4- Scope creep
 Risk 5- Improper quality of materials
 Risk 6- Ineffective health and safety measures for
workers
 Risk 7- Neglecting the blueprint
 Risk 8- Changes of requirements
 Risk 9- Technical risks
 Risk 10- Lack of communication among the team
members

RISK ANALYSIS
 The risk analysis is mainly performed for
the purpose of analyzing the key risks that
are likely to hamper the performance of
the project.
 Risk 1- Budget shortfall: Budget shortfall is
the risk that can occur when the
development cost for the project outruns
the cost estimated at the starting of the
project.
 Risk 2- Schedule slippage- Schedule
slippage is referred to the term that is
used for the purpose of explaining the risk
that arises when the team fails to meet
the deadline.