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Risk Management in NSW Regional Railway Fleet Train Replacement Program

   

Added on  2023-01-13

16 Pages3877 Words76 Views
Project Management

Contents
1. Introduction:........................................................................................................................2
Project Information.................................................................................................................2
Project Scope..........................................................................................................................2
Objectives...............................................................................................................................2
2. Risk Management process..................................................................................................3
3. Establishing Context...........................................................................................................3
Internal Context......................................................................................................................3
External Context.....................................................................................................................4
Risk Management Context.....................................................................................................4
Risk Criteria............................................................................................................................4
Risk Assessment process........................................................................................................4
Risk Identification..................................................................................................................4
4. Risk Analysis......................................................................................................................5
5. Risk Register.......................................................................................................................6
6. Risk Treatment Plan............................................................................................................9
7. Risk Responses.................................................................................................................10
8. Recommendation..............................................................................................................12
9. References.........................................................................................................................12

1. Introduction:
Project Information
The NSW regional railway fleet government is facing problem in managing the rail services
by XPT, XPLORER, and Endeavour trains. The government is developing a plan for
replacing the existing rail fleet with new trains. The maintenance program should be
developed for designing and placement of the old trains with new trains so that economy of
the nation get improved by providing new job opportunities with the implementation of new
railway project. The project of new trains replacement program helps in improving the safety,
services, and facilities provided to the customers. The reliability on the train management
system can be accelerated due to the makeover of the rail fleets with the new trains and
replacing old trains. It helps in improving the connectivity between different regional offices
of Australia. The new routes of trains are created from Perth to Canberra, Brisbane, and
Melbourne. The purpose of this paper is to identify the risks and provide a risks treatment
plan so that risks associated with the train replacement plan can be effectively minimized and
the implementation of replacing old trains with new trains can be successfully done without
any complexities throughout the project. It helps in improving confidence, trust, and
reliability of the customers on the NSW regional railway fleet railway system. The reliable
services and facilities will be provided to the customers to increase level of satisfaction and
trust on the railway services.
The railway network is growing at very faster rate in New South Wales. The government is
the central authority in NSW regional railway fleet railway system for operating the railway
lines to the different regional centres. The western Australia railway system is governed by
the combined efforts of government of Western Australia and many private companies. The
public transport authority is responsible for providing rail services to the passengers. The
Perth Sub-urban network is formed for managing connectivity between various regional
offices in Western Australia railway system whereas the Sydney Sub-urban network is
formed for managing connectivity between various regional offices in NSW regional railway
fleet railway system.
Project Scope
The scope of the project is to replace old and outdated trains with the new trains which are
efficient in providing good services and facilities to the passengers. The new trains are
comprised of providing good and clean toilets, reversible seating arrangements, buffet
system, luggage storage system, automatic door opening and close system, CCTV cameras,
charging pints for laptops and mobile phones, and others. The contract of developing the new
rail fleet system is provided to the Momentum trains. It is the international consortium
company. The contract is signed between the NSW regional railway fleet government in
Western Australia and Momentum trains for developing new rail fleet system, designing and
maintenance program, and financial support to the new railway system. The maintenance
facilities to the trains are provided at Dubbo which helps in increasing connectivity between
Perth and different regional offices.
Objectives
The objectives of the proposed project are:
Replacement of the old trains with the new trains
Providing quality of services and facilities to the customers
Increasing connectivity between Perth and other regional offices

Improving train management program
Deploying maintenance program for the new trains
2. Risk Management process
The risks management process is deployed for completing the project smoothly within the
given time frame. The identification and analysis of the risks at a project start-up phase helps
in minimizing the project complexities during the project implementation phase (Lammi,
2014). The diagram below shows the risks management process which is used for identifying
the risks associated with the train replacement program which is deployed by the NSW
regional railway fleet government in Western Australia and taking effective action plan for
minimizing its impact on the completion of the project.
(Source: Otieno, F. (2014). The role of monitoring and evaluation in projects. 1st ed.)
3. Establishing Context
Internal Context
The NSW regional railway fleet government has signed a contract with the Momentum trains
for providing newly designed train models which are effective for providing quality of
service and facilities to the customers. The trains which are older than 36 years will be
replaced by new trains. The NSW regional railway fleet government in Western Australia is

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