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Project Management Risk Assessment Task 2022

   

Added on  2022-09-28

15 Pages3952 Words18 Views
Leadership Management
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Project Management
Project Management Risk Assessment Task 2022_1

Table of Contents
1 Task 1: Reviewing the project scope..................................................................................2
2 Task 2: Risk Assessment....................................................................................................3
Risk Identification:.................................................................................................................3
Risk Mitigation plan...............................................................................................................4
Risk Contingency plan...........................................................................................................5
3 Task 3: Key Milestone........................................................................................................6
4 Conclusion and Recommendation......................................................................................8
5 References...........................................................................................................................8
Project Management Risk Assessment Task 2022_2

1 Task 1: Reviewing the project scope
The project was proposed to build the underground metro rail line link which focuses on
managing the connectivity between Dubai terminal 1 and Dubai terminal 2 to assist the
passengers so that their travel time can be reduced. Project will be amalgamated with
overseas manpower, special machinery used for drilling purpose, rail coaches are imported
from Germany, and building material is imported from overseas for the construction of the
tunnel project.
Project Scope issues are listed below:
Project Budget: Availability of the process funds should be clearly well-defined
during the signing of the undertaken process so that activities and quality of the
material used should be analyzed and evaluated. Focus should be given on developing
the cost estimated plan so that estimated budget can be generated for the project fund
approval from the project sponsors. Amalgamation of the project requirement helps in
developing the accurate budget of the undertaken construction project (Haughey,
2014).
Project Timeline: Requirement of the construction project of underground metro rail
line link which focuses on managing the connectivity between Dubai terminal 1 and
Dubai terminal 2 should be well-defined at project start-up phase so that work
breakdown structure can be created by emphasising on the requirement breakup
structure. It supports in sequencing timeline and dependency of the project activities
on one another so that critical tasks associated with the project can be identified and a
probable action can be occupied to limit their influence on the other processes of the
process control block (Hornstein, 2015).
Legal issues: Investigation should be done for evaluating the legal issues which are
formulating on the project completion process. It aids in designing the proactive
action plan so that legal obligations can be kept controlled and systematic. It assists in
finalizing the project successfully (Itegi, 2015).
Construction program: Detailed analysis of the construction program is required to be
completed before signing the contract so that quality of end consequence can be
measured. Metro rail link has to be completed underground for 1 kilometer.
Underground construction program should also provide facility for the rail services
Project Management Risk Assessment Task 2022_3

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