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Risk Management Plan- PDF

   

Added on  2020-05-16

7 Pages1134 Words176 Views
Running head: RISK ASSESSMENTRisk Assessment on Development of Western Sydney AirportName of the Student:Name of the University:

1RISK ASSESSMENTIntroductionThe report is based on the risk assessment for development of Western Sydney Airport.Construction work is itself a hazardous work as people are harmed which also impacts on healthand death of people. This particular report summarizes the risk assessment process which is usedto identify the airport construction risks along with risk management plan. The objective of riskmanagement plan is to reduce the likelihood and consequences of the risks. Risk matrix is alsoprovided to identify the level of identified risks. 1. Risk Assessment ProcessFollowing are the techniques which are used to identify the risks into the mega project: Brainstorming: It is used as higher level of risk identification technique where the issuesare identified and reviewed for particular airport construction problems. Checklists: This technique is used for reducing failure to compensate potential limits ofthe human memory. It helps to ensure that entire project work is analyzed to identify the risks(Chang, Shao & Chen, 2015). Preliminary hazard analysis: It is focused to identify the hazards, assess consequencesof the risk and provide mitigation strategies to overcome with those risks. This particulartechnique is focused on identifying weakness of the mega project.HAZOP: This technique identifies construction related hazards into the project alongwith the operational issues (Moretti et al., 2018). The main objective of this technique is riskidentification.

Business impact analysis: This technique identifies the impacts of all the risks; it evaluates the potential effects of those riskson people and the airport project as result of disaster and accident. 2. Risk Management PlanType ofriskCauseImpact LikelihoodConsequenceRisklevelRisk mitigation strategiesRisk ownerNoise andvibrationThe machineswhich are used forconstructionpurpose causesmechanizedactivities andincreases noisy.The noiseimpacts onthe healthand life. OccasionalMajorVeryhighThere should be decrease ofnoise level with 63dB whichis measured between 6am tomidnight.Airportauthority andconstructionorganizationAir qualityThe construction ofairport generateslot of dust; there isemission ofpollution andgases. It affectsthe humanhealth. SeldomMajorHigh riskThere should use of suchvehicles which reduces theemission of harmful gases(Smith et al., 2014). AustraliangovernmentCommunityhealthIt is caused byreducing ofregional air qualitywhich is associatedwith the operationsof aircraft.It providesimpacts onhealth ofthe usercommunity.RemoteMinorLow riskThere should be a closerelationship with thecommunity through thesystem engineering projectlife cycle (Kelly, Male &Graham, 2014). AirportauthoritySurfaceIt is caused by theIt providesFrequentMajorVeryPeople near the constructionAustralian

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