Road Project Assignment (Doc)

Running head: HIGHWAY PROJECT
Paraphrasing
Name of the Student:
Name of the University:
Author note:

HIGHWAY PROJECT1
Reporting on the opportunity in the bidding to the Highway project
Dear Ladies and Gentleman
It has been decided by our company that it has extended some of its activities into the
new venture of business, that has made its report prepared in evaluating the business opportunity
in its construction in the highway Victoria/ Australia. The sole aim of the project is to upgrade to
the Sunshine Avenue Road to the Calder Freeway and its goal is to enter into the market as the
head contractor or the deputy of the Project Management. The CEO has made clear instructions
in preparing the report that is to focus on the risks that is present in this new area and then to
schedule and estimate it. This report will be considered as one of the most significant risks that
will help in the mitigation or to eliminate the risks.The analysis of the risks is shown to be a risk
that can be easily controlled and that will not help in the suspension of the project, that has been
identified by the team like the:
 Lack of proper workmanship
 Delays due to the shortage in the number of the skilled labor
 Proficiency and a beginner’s experience in the highway and the road projects
 Suspension or delays due to bad weather
 Suspension due to the activities that may be caused by the existing infrastructures
In this report, it is expected that the cost for the preparation of the bid and its process may
include the need to:
1) 14 employees from 6 departments.

HIGHWAY PROJECT2
2) Around Four months to prepare the bid from 6th March 2017 to 3th July 2017.
The estimated cost that has been made is $262,874. The scheduled summary that has been found
through the attachment includes the working details, start and finish dates and the details of the
employees. The work in the new business area always need proposals and appreciations in our
consideration.
Number Risk Description
1 Lack of proper workmanship
2 Suspension or delays due to bad weather
3 Change in policy and legislation
4 Risk of fatal injury amongst the workers
5 Fluctuation due to national economy
6 Removal of fauna habitat that might injure the species
7 Suspension due to the activities that may be caused by the existing infrastructures
8 Accuracy in the estimation of the cost, escalation of the wrong base and the takeoff error
calculations in the designing details
9 Delays due to the shortage in the number of the skilled labour
10 Demolition omissions

HIGHWAY PROJECT3
11 Risk of approvals from high officials
12 Material delivery delays
13 Equipment shortage that is less in number will help in carrying out the road project
14 Delays due to the shortage in the number of the skilled labour
15 Impact of the omissions on the construction at an individual receptor
16 Changed environment that is due to speed reductions

HIGHWAY PROJECT4
N
u
m
b
er
ra
n
k
Risk Description
Risk TreatmentRisk
Descripti
on
Lik
eli
ho
od
Con
seq
uen
ce
imp
act
Befor
e
Treat
ment
1 1
Novice
experience
.
60
%
300
000
00.0
0
180
000
00
Extre
me
1.
2. current staff
training
through the
professional
courses that
needs to be
developed
2 4
Suspensi
on and
delays
due to
weather
35
%
120
000
00
420
000
0
High
1. application
of allowances
and
contingency so
that the risk
may be
covered
2. condition of
the weather in
the current and
the last few
years have
been built to
make the
forecast in a
correct way
3 1
5
Changes
in the
legislatio
n and
the
policy
10
%
130
000
00
130
000
0
Medi
um
Availing a
contingency
plan and an
impartial
contract
4 7 Fatal
risk and
injury of
the
workers
22
%
150
000
00
330
000
0
Medi
um
1. setting up a
correct H & S
plan that will
together make
the safety of
the procedures
2. maintaining
and developing

HIGHWAY PROJECT5
the safe
working
environment
by the
members
5 9
Fluctuation
s in the
equipment
and the
material
costs
16
%
180
000
00
288
000
0
Medi
um
The estimated
cost needs to
recognize its
effect that has
an increased
contingency
that includes
the
consideration
of the price
that would be
invested in the
construction of
the project.
6 6
Removal
of the
fauna
habitats
32
%
110
000
00
352
000
0
Medi
um
The
environmental
team deals
with the
surveys and its
proper study
7 2
Suspensi
on
caused
due to
the lack
of the
infrastru
cture
38
%
140
000
00
532
000
0
High
Relocating the
assets that will
be undertaken
with the
approvals of
the
requirements
8 1
1
Accurac
y in cost
estimati
on
13
%
190
000
00
247
000
0
Medi
um
Benchmarking
exercises that
needs to be
taken and also
designing
some of them
9 5
lack of
proper
workma
n
15
%
250
000
00
375
000
0
High
Selection of
subcontractors
who might
have a better
experience and
have great
exposure