Cross River Rail Project: Risk Analysis and Mitigation Strategies

This project management assignment analyzes the Cross River Rail project in Brisbane, Australia. It provides an overview of the project, including its budget of $5.4 billion, scope (construction of a 10.2 km rail line and new stations), and social and economic rationale. The assignment details key statistics such as the project schedule, construction phases, and environmental considerations. A crucial part of the analysis involves a comprehensive risk assessment, identifying potential risks related to design, site, construction, operation, finance, and asset ownership, along with their probabilities and impacts. Finally, the assignment proposes a risk mitigation plan, suggesting strategies to address each identified risk, ensuring the project's successful completion. The document also identifies key stakeholders such as the project manager, contractors, government and financial manager.

Running head: PROJECT MANAGEMENT
Project: Cross River Rail, Brisbane
Name of the Student
Name of the University
Author’s Note

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Table of Contents
Part A: Project Overview.................................................................................................................2
1. Overview of the project...........................................................................................................2
2. Overall budget of the project...................................................................................................2
3. Social and economic rationale.................................................................................................2
4. Key statistics................................................................................................................................3
4.1 Scope and size of the project.............................................................................................3
4.2 Budget and estimated cost.................................................................................................4
4.3 Time needed for finishing the project................................................................................5
4.4 Key construction elements or phases.................................................................................6
4.5 Environmental costs or benefits.........................................................................................7
5. Funding mechanism.................................................................................................................7
6. Identification of the key stakeholders......................................................................................7
Part B: Risk analysis........................................................................................................................8
Part C: Risk mitigation plan..........................................................................................................14
Bibliography..................................................................................................................................24

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Part A: Project Overview
1. Overview of the project
The project mainly reflects on the construction of “Cross River Rail” that will be helpful
in delivering four new stations at Wollongabba, Roma street, Boggo Road, Albert street as well
as upgradation of Exhibition as well as Dutton Park stations. The main aim of the project is to
develop 10.2 kilometer rail line from the Dutton part to the Bowen rails that mainly includes 5.9
kilometers of tunnel under the CBD as well as Brisbane River (Cross River Rail 2019). It is
found that Cross river rail project will be helpful in providing trains to run for enabling the
transport system for the whole South East Queensland. In addition to this, it is identified that
each of the Cross rivers high capacity will be helpful in unique opportunities for economic
development as well as revitalization of precincts that are very much helpful in Brisbane
evolution. It is analyzed that the construction of Cross River Rail will get completed by the year
2024 by utilizing budget of around $5.4 billion.
2. Overall budget of the project
It is found that $5.4 billion budget is required in order to construct the Cross river rail
which generally includes the construction of four different underground stations as well as
upgradation of the Exhibition as well as Dutton Park stations. In addition to this, the project will
complete the construction of tunnel between the Brisbane and CBD River within that budget.
3. Social and economic rationale
The construction of Cross river rail project will be helpful in providing a number of
benefits including the unlocking of the bottleneck at the core of the transport network that
generally helps in allowing more trains to run by properly integrating with the new roads as well

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as buses in order to enable turn up as well as go system of transport for the entire South East
Queensland. In addition to this, it is found that project can also be considered as one of the key in
order to unlock as well as enable other network including the new rain connection construction
within the Sunshine coast (Cross River Rail 2019). With the help of enhanced capacity as well
as much more frequent services, it generally assists in giving better connectivity to other public
transport system that will further helpful in encouraging the road users to utilize train for
reducing congestion.
On the other hand, it is found that there are a number of disadvantages of utilizing the
Cross river rail. It is analyzed that the rail network will eventually reach capacity however it is
not clearly mentioned that when it will happen. Modelling helps in reflecting that in 2026 to the
south north of CBD will have the capacity of 125% seats but clear detail is not provided.
Moreover, the undertaken project is quite expensive that is one of the major drawbacks of the
project.
4. Key statistics
4.1 Scope and size of the project
The project “construction of Cross River rail” project is considered as one of the major
project that is generally undertaken by the government in order to provide proper services to the
people. In addition to this, the scope of the project mainly includes the following that are mainly
elaborated below:
 Developing blueprint for the construction of Cross River Rail project
 Undertaking procurement by properly preparing the RFP

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 Construction of 10.2 km rail line including 5.9 km of tunnel between Brigance and CBD
River
 Construction of underground stations
 Proper upgradation of the Dutton park as well as Exhibition stations
4.2 Budget and estimated cost
It is identified that for finishing the construction work of Cross River Rail project, budget
off around $5.4 million is generally required. The figure that is provided below generally reflect
on the expenditure that is required for the execution of a particular project activity.

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Figure 1: Project budget
(Source: Created by Author)
4.3 Time needed for finishing the project
The work of construction for the Cross river rail project has been commenced in
September 2017 and it is expected that the project will be successfully executed by the year
2014. The figure below mainly showcases on the project schedule.

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Figure 2: Project schedule
(Source: Created by Author)
4.4 Key construction elements or phases
The key construction phases or key elements of the project “Cross River rail” is generally
reflected with the help of the figure that is given below:

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Figure 3: Key construction phases and activities
(Source: Created by Author)

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4.5 Environmental costs or benefits
The environmental impact statement for the project has been approved by the
coordinator in the year 2012 and as per it is the project does not create any problem or issue to
the environment. It is analyzed that the undertaken project was environmentally sustainable.
5. Funding mechanism
It is analyzed that the government generally provides the funding for the project.
However, it is found that the project mainly requires federal funding that is for freeing up the
government and for investing the budget in the projects (Cross River Rail 2019). In addition to
this, the Palaszczuk Government provides suggestion as per which financial contribution from
the Australian government will also the source for project funding.
6. Identification of the key stakeholders
The project stakeholders who are mainly engaged in order to complete the construction of
the project within the year 2024 are generally listed below:
 Project manager
 Project planner
 Supervisor
 Contractor
 Sub-contractor
 Team members
 Financial manager
 Hr. manager
 Quality analyst
 Risk manager

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 Government
 Station development manager
Part B: Risk analysis
The risk assessment that is done for identifying risks that are associated with the
construction of Cross River Rail project are generally done with the help of both qualitative
assessment method as well as quantitative assessment method as per the PMBOK. The table that
is provided below not only elaborates the risk but also helps in reflecting the impact as well as
probability of the project risk.
Risk ID Risk Description Impact Probability
1. Design risk The design risk mainly
occurs due to improper
design as well as
investigation including
geotechnical as well as
contamination as well
as varying time as well
as cost (Sears et al.
2015). This further
helps in discovery of
number of errors as
well as problems from
the design that is
Very high Very likely

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created for the
construction of the
Cross River rail
project.
2. Site risk It is analyzed that
extra land is required
for the project work
that is much more as
per the proposed
construction plan
(Thunberg et al. 217).
The risk that is mainly
associated with this
mainly include
increment in the
project cost due to
additional land that is
required to be acquired
for the project work. In
addition to this, it is
analyzed that
communicate reaction
generally makes a
High Possible

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number of changes
within the portal
location in context to
acquisition.
Furthermore,
unavailability of
different type o project
utilities can also create
site risk.
3. Construction risk This is considered as
the risk that mainly
occurs damage to the
rail infrastructure of
Queensland that further
helps in creating a
number of impact on
the services as well as
on the community
perceptions (Hopkin
2018). In addition to
this, it is analyzed that
lack of proper
integration between the
High Very Likely