Project Management Report: Iconic Residential Building Development

This report provides a comprehensive overview of a project management plan for constructing a residential building on government-leased land in Bambalapitiya, Colombo. It covers various aspects, including project description, building classifications (residential, educational, institutional, assembly, business, mercantile, industrial, storage, and hazardous), major project demands, site selection and study, site surveys (reconnaissance and detailed), building regulations, room arrangements, building orientation, process mapping, and a detailed risk analysis using a risk matrix. The report emphasizes the importance of pre-construction planning and smooth project execution, highlighting key factors such as environmental conditions, financial capacity, and future provisions for a successful mixed-use development.

Running head: PROJECT MANAGEMENT
Project Management
[Name of the Student]
[Name of the University]
[Author note]

1PROJECT MANAGEMENT
Table of Contents
Introduction:....................................................................................................................................3
Description of the project:...............................................................................................................3
Classification of the buildings:........................................................................................................4
Group A: Residential Buildings...................................................................................................4
Group B: Educational Buildings..................................................................................................4
Group C: Institutional Buildings.................................................................................................5
Group D: Assembly Buildings.....................................................................................................5
Group E: Business Buildings.......................................................................................................5
Group F: Mercantile Buildings....................................................................................................6
Group G: Industrial Buildings.....................................................................................................6
Group H: Storage Buildings:.......................................................................................................6
Group I: Hazardous Buildings.....................................................................................................6
Major demands of the project:.........................................................................................................7
Appropriate selection of the plot and Study:...................................................................................7
Surveys of the sites of be desired building:.....................................................................................9
The building buy laws and regulations:...........................................................................................9
Arrangement of the rooms in the residential buildings:................................................................10
Orientation of the buildings inside the Project:.............................................................................12
Orientation:....................................................................................................................................12

2PROJECT MANAGEMENT
Representation of the process thinking:.........................................................................................15
Risk analysis:.................................................................................................................................16
The chosen method in range of identification risks in the project:................................................20
Identification of the risks:..........................................................................................................20
Usage of the Risk Matrix in the risk Register............................................................................21
Conclusion:....................................................................................................................................25
References:....................................................................................................................................27

3PROJECT MANAGEMENT
Introduction:
Some of the basic needs of human existence includes the shelter, clothing and foods.
From the early days of man they have been associated with making attempts for the purpose of
making improvements in the standards related to living. The major point of the efforts made by
mankind has been associated with providing a shelter which would be economic along with
being efficient. The possessions of the shelter along with being basic, used, is also associated
with providing the feeling of security, responsibility and showing social status of the man
(Yazdani et al. 2019). There always exists an inherent liking by each human being related to a
peaceful environment which is needed for having a peaceful environment and this objective is
generally achieved by means of having a place to live which is situated in a safe and convenient
location and this type of place is need for having a comfortable and pleasant living which
generally required to be considered and kept in view as well.
Some of the most important factor that need to be considered includes the following:
• An environment which would be Peaceful in nature.
• Safety against any kind of natural calamities or adverse climate conditions
• General facilities.
Description of the project:
The engineer who would be assigned for this project needs to keep in his mind about
various things like the municipal conditions, the building buy laws, the environmental conditions
the financial capacity, the arrangement of sewers, supply of drinking water, future provision,
aeration and ventilation and many more before initiating the project (Alavipour and Arditi 2018).

4PROJECT MANAGEMENT
This report would be discussing about the build an iconic residential building as a development
of the Government leased land which is located in Bambalapitiya, Colombo city. An extensive
project planning would be done along with process mapping and pre-construction work so as to
make sure that the entire project is being executed in a smooth manner.
Classification of the buildings:
The mixed-use construction would be associated with the creation of the all-inclusive
community experience within just a couple of blocks. This would be consisting of multi-housing
construction along with parking structures, buildings designed for official use, as well as retail
stores. All this would be requiring an array of construction techniques as well as methods. The
complex nature of this type of well-planned development is associated with making this sector as
one of the most challenging sector (Islam et al. 2015). Besides this there is also a need of
constant communication along with a consistent quality control as well as an impeccable
standards. The different group of buildings included in the mixed development project has been
listed below:
Group A: Residential Buildings
This section of the project would be including all the buildings where the sleeping
accommodation would be provided for a normal residential purpose and might or might not be
consisting of cooking facilities (Li et al. 2016). This section would be including single or
multiple family dwellings, rooming houses or lodgings, apartment houses, restaurants, hostels,
residential hostels and dormitories

5PROJECT MANAGEMENT
Group B: Educational Buildings
This section of the project would mainly be dealing with the construction of various
buildings that would be used for purposes like schools, colleges or for day-care purposes and
would be involving the assembly so as to provide instruction, educational and the recreational
buildings which are generally not included in the assembly buildings.
Group C: Institutional Buildings
This section of the project would be mainly responsible for the designing and
construction of those buildings which would be used for different purposes like for providing
medical or any other type of treatment of providing care for person who would be suffering from
physical and mental illness, diseases or infirmity, infant care, convalescents or for aged persons
detentions where the liberty that is provided to the inmates would be restricted (Sha'ar et al.
2017). Institutional buildings would ordinarily be associated with providing sleeping.
Group D: Assembly Buildings
In this of the project those buildings would be planned and constructed which would be
used by group of peoples so as to meet or gather for the purpose of amusement or recreation or
for social or religious gatherings and would be mainly consisting of the assembly halls, city
halls, marriage halls, museums or places of worship and many more.
Group E: Business Buildings
This section of the project would be associated with the creation of the buildings which
would be mainly be used for various business transactions and would also be used for the
purpose of keeping the accounts as well as the records and all other similar purpose (Guo and
Yiu 2015). This would be mainly consisting of banks professional establishments, offices, court

6PROJECT MANAGEMENT
houses, libraries and many more. The principle function which would be played by these
buildings would be including the transactions of the public businesses and keeping of the books
as well as records.
Group F: Mercantile Buildings
This section of the project is aimed at the construction and designing of those buildings
which would be used as shops or stores or market in order to display and sale various kind of
merchandise either in wholesale or as retail (Oyeyipo et al. 2016). This would be also be
including the offices, shops, storage service facilities that are incidental to the sale of
merchandise and are located in the same building.
Group G: Industrial Buildings
This section would mainly be dealing with the construction of those buildings which are
generally used and would primarily be used for the purpose of storing or providing shelter for the
goods, wares and merchandise, vehicles and animals such as the warehouse or cold storage or
garage.
Group H: Storage Buildings:
In this section of the project the buildings which would primarily use by the inhabitants
for the storage or for sheltering the goods would be constructed.
Group I: Hazardous Buildings
This would be mainly consisting of those buildings which would be used for storing as
well as for handling, manufacturing and processing of the materials which are highly explosive
and combustible and are having the liability of getting burnt at an extreme rate. This materials

7PROJECT MANAGEMENT
might also be associated with production of highly poisonous elements for the storage handling
(Almahmoud and Doloi 2015).
Major demands of the project:
The house that is to be built would be acting as the societies first unit and the primary
unit of this would be including the human habitation. The house which would be built would be
aimed at granting protection against the various climatic conditions like the wind, changing
weathers and for providing insurance against the various physical insecurities (Senouci and
Mubarak 2016). Some of the major features related to the demands includes its unique nature and
is dependent upon the following factors that are listed below:
 The cheap finance availability
 The skilled labors availability
 Good transport facilities availability
 The cost of the labors and the materials needed for construction
 Predicting the future demand
 The rate of interest upon the investments for example the low interest rate
associated with the facilitation of the long term payment which might be associated with
facilitating the investment in the housing (Williams 2016)
 The rate of growth in population along with the urbanization
 The supply of the plots which has been developed at prices which is seen to be
reasonable in nature
 The real estate taxation policy
 The planning of the town and the environmental conditions.

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Appropriate selection of the plot and Study:
Selecting the appropriate plot is one of the most important task and this is mainly done
for the purpose of having a mixed development which would be consisting of residential, retail
and commercial buildings. The site that is to be selected would be near to the beach that is in the
Bambalapitiya, should be a good place where there would be existing a community along with
services which are convenient. However this services should not be so closed in nature so that it
is not becoming a source of any kind of inconvenience or makes the surrounding noisy (Naoum
2015). Additionally, there must exist convenient transportation which is important not only
because of the current existing needs but is also very much important for the retention of the
value of the entire plot in the future which are seen to be very much closely related to the
transportation, or shopping or other facilities which are also necessary (Monghasemi et al. 2015).
Besides this some of the things that are to be observed regarding the conditions of the nearby
roads includes the fact that if there exists any kind of indication related to future development
and many more. Some of the major factors which needs to be considered for the purpose of
selecting the building site includes the following things:
 Access to the nearby parks and the playgrounds
 The agricultural polytonality of the land
 The availability of the various public utility services which specially includes the
water, electricity and the disposal of the sewage
 The distance from the place of work (Cao et al. 2015)
 The ease of drainage facility
 Distance from places like the school, college and the public buildings
 The transport facilities

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 The velocity and direction of the wind
Surveys of the sites of be desired building:
Some of the survey which needs to be conducted includes the following:
1. The reconnaissance survey: some of the major findings of the reconnaissance
survey includes the following:
 The location of the site is situated nearby
 The site is consisting a very clear plan without any kind of ably dry grasses or any
other kind of throne plants over the entire site
 There is no need of leveling as the site is uniformly leveled.
 The site is also consisting of soft ground
 Labors are also available from the sites surroundings
2. Detailed Survey: The major reason lying behind the conducting of the detailed
survey is for the determination of the boundaries of the area that is required by the site
(Wong, San Chan and Wadu 2016). This has been done by taking help of the theodolite
and the compass.
The building buy laws and regulations:
Some of the building buying lays and regulations have been listed below:
 The line of the building frontage and the minimum size of the plots
 Open spaces that surrounds the residential buildings
 The minimum standard dimensions of the elements required for the building
purpose
 The provisions related to the lightning and the ventilation

10PROJECT MANAGEMENT
 The provisions related to the safety from any kind of explosions
 The provisions related to the various means of access
 The provisions related to the drainage and the sanitation
 The provisions related to the safety of the workers against any kind of hazards
 The requirements related to the off-street parking space
 The requirements related to landscaping
 The special requirements related to the low income housing
 The size of the elements required for building the structure.
Arrangement of the rooms in the residential buildings:
The arrangement of the rooms inside the house would be including the following:
Living room:
This would be including the area for general use and for this reason the living along with
the drawing room is to be planned in such a way that it faces the sun in the colder days that is
towards south and would be receiving sunshine which would be acting as a welcoming feature.
Kitchen:
This would be built in the Easter aspects so as to admit the sun in the morning so as to
receive fresh and pure air.
Bathrooms:
The bathrooms along with the W.C are generally to be combined with one of the room
and attached to the bed room and it is necessarily to be made sure that it is finished in a well-
mannered way. The bathrooms are to be filled with items like the bath tubs, shower, and hand-

11PROJECT MANAGEMENT
wash basins, W.C, towels shelves and many more (Abanda et al. 2015). The entire bathroom
would be furnished with white glazed tiles and the floors would be mosaic or made of white
glazed files. Besides this instead of having attached bedrooms and W.C in all bed rooms it is
better to have a separated baths it is better to provide the latrines and baths.
Reading rooms or class rooms:
This would be in the Northern Aspects which would be making it much more suitable
due to the fact that there would not be existing any kind of sun from the northern side in most
part of the year.
Bed rooms:
Bedrooms might also be provided with attached bathrooms toilets and besides the size of the bed
room is generally dependent upon the number of beds that are to kept inside the room and
besides this the things are to be arranged in such a way that privacy is provided along with
accommodation for the other things like chairs, cupboards and many more.
Verandah:
Verandah is to build in the rear as well as in the front. The front verandah would be built
with the purpose of serving setting place for the male members and weighting place for the
visitors (Zolfani et al. 2018). The back verandah would be associated with serving the ladies
apartment for their sitting, controlling their works, their kitchen works and many more. Verandah
would be projecting the room against the direct sunlight, rain and all other weather effects they
would be used as the sleeping place at summer and rainy seasons as well as are used for keeping
various things in the verandah so as to provide appearance to the building.

12PROJECT MANAGEMENT
Staircase:
The staircase is to be designed in a fashion that it can be accessed easily by each and
every member of the family and when the staircase is intended for the visitors then it is to be
built in the front or might be in one side of the verandah, in case if it is meant for family usage
then the staircase is to be placed at the rear (PMP 2018). It is also to be made sure that the
staircase is having a good ventilation as well as lighted in the middle so as to make the stairs
much more easy and comfortable to climb. Besides this the rises and the threads should also be
uniform throughout so as to keep a rhythm while climbing or descending.
Orientation of the buildings inside the Project:
Some of the helpful points related to the orientation of the building has been listed below;
The long walls of the building are to be made north south facing whereas the short walls
should face east and west. The major reason behind this is that if the long walls are built east
facing then the walls would be absorbing more amount of heat from the sun which would be
initially responsible for causing discomfort at night. In order to keep the room’s cool verandah
can be built in the east or west (El-Sayegh and Mansour 2015). Protection against the sun’s rays
and the rain can be provided by means of external doors or windows sunshades which are to be
built in all directions.
Orientation:
Once the selection of the site is completed, it would be followed by the proper orientation
of the building. Orientation generally refers to the proper placement of the rooms with respect to
the wind, sun, rain, topography and the outlook. Besides this at the same time there is a need of
providing convenient access to the streets as well as to the back yard is also to be provided.

13PROJECT MANAGEMENT
Some of the most important factors that are associated with having a huge impact upon the
orientation includes the following:
1. Solar heat: Solar heat generally refers to the heat from the sun and the building is
to be built in such a way that it receives the maximum solar radiation at eth time of winter
and the minimum amount at the time of summer (Lop et al. 2018).
2. Direction of the wind: This would be including the avoidance of winds during eth
winter seasons and acceptance of the winds at the time of summer at the maximum
extent.
3. Humidity: High humidity is one of the phenomenon which is very much common
as this is based near the coastal side which is initially responsible for perspiration which
is considered to be very much uncomfortable condition for the human body and is
associated with causing a huge amount of discomfort (Burtonshaw-Gunn 2017).
4. Rainfall: The direction along with the intensity of the rainfall is associated with
effecting a lot to the drainage system existing in the site as well as in the building and for
this reason it is very much important from the orientations point of view.
5. Intensity of the wind: The intensity of the wind is also considered to be high and
for this reason the openings of the windows are comparatively smaller in size are
recommended in this type of region.
6. Condition of the site: the orientation of the building is very much effected by its
location and sometimes for the purpose of achieving the maximum amount of benefits the
building needs to be oriented in a particular direction.
7. Lighting: There is always a need of good lighting for the house and there exist
three primary aims behind this. The first aim includes the promotion of the work along

14PROJECT MANAGEMENT
with the other activities that are to be carried out inside the building (Assaf, Hassanain
and Abdallah 2017). The second aim includes the promotion of the safety of the peoples
who would be using the house and lastly the third aim includes the creation in
conjugation of the interest and the well-being of the people.
8. Ventilation: This is generally defined as the system related to the supply or the
removal of the air by natural means or by mechanical means or from any place that is
enclosed for the purpose of creating and maintaining a comfortable condition. Various
operations conducted inside the house along with the windows location helps a lot in
providing a proper ventilation (Assaf, Hassanain and Abdallah 2018). Some of the basic
requirements in the ventilation besides the reduction of the heat includes the sensation of
comfort, humidity reduction, heat removal, oxygen supply and many more.

15PROJECT MANAGEMENT
Representation of the process thinking:
Fig 1: Representation of Process Thinking
Source: Created by Author
Business case
Project in brief
Study of the options
Business case
Organizing teh project
Feasibility plan
Fesibility
Scope of the project
Quality plan of teh project
strategy related to procurement and funding
updating teh entire business case
designing of teh concept
Cost plan
feasibility
Schematic
Design
Schematic design
Cost Plan
Designing of the entire Programme
Design
Development
Report for design developmnet
cost plan
Designing of the entire Programme
Pre-
Construction
Documentation of the entire contract
cost plan
Designing of the entire programme
construction programme
Awards and tenders
Construction
deliverables of the project
Practical Completion
Business
Case
Approved
Approved
Project
Completion
of Schematic
Design
Completion
of Design
Development
Completion
of Design
Pre-
Construction
Completion
of
Construction
Gate B
Gate C
Gate D
Gate E
Gate F
Gate A

16PROJECT MANAGEMENT
The progress of each stage of the project is monitored so as to ensure the status, major
and important dates, funds and costs related plans so as to satisfy all the requirements.
Risk analysis:
Construction is generally considered to be a complex as well as a very challenging
process. Along with the other things the construction process also requires an interpretation of as
well as the compliance with the numerous laws, regulations, codes, resource gathering, including
of labors equipment and materials (Qazi et al. 2016). Besides this the coordination with the
multiple parties along with the communication are some of the important aspects of a
construction project. The multiple parties generally includes the owners, the design
professionals, contractors and subcontractors along with the suppliers. It is generally seen that all
of these parties are having a different purpose and goals.
The risks faced by the construction can be defined as any type of exposure to the losses
that are possible. Every construction projects are having a different nature and for that reason
there exist multiple number of various risks. In order to ensure the success of the project it must
be made sure by the contractors that they are capable of recognizing and assessing the various
kind of risks along with this they should also have the capability of managing those risks as well
(Lu et al. 2015). There exists numerous typical risks which are likely to have a huge impact
upon the success of the project.
In recent years a noticeable interest of the risk problems have been witnessed from the
construction industry perspective (Lim and Loosemore 2017). The researchers conducted in the
area of risk management have been ideally focused upon the identification of the numerous
random factor, the determination of the probability of the respective occurrences as well as their

17PROJECT MANAGEMENT
impacts upon the entire progression of the construction project some of the major problems that
might often be put forwarded and are related to the risk analysis have been listed below:
 The methodology or the procedure of the risk analysis for a project
 Proposition related o classification of the risks in accordance to the source of
origin along with the type and consequence of the risk.
 Reviewing and classification of the various kind of methodologies that are
selected and are associated with providing support to the risk management in the project.
 The analytic application of the methods along with the tools for a specific
problem present in the scope of the risk analysis.
Risk being the measurable part of the uncertainty is often seen to be treated as the
possibility related to the incurring of the various kind of losses. Along with this the number
along with the scope of the problems which are associated with the realization of the project is
seen to be very large (Tokdemir, Erol and Dikmen 2018). Before proceeding with the in-depth
analysis the three key questions must be answered. The questions have been depicted with the
example of a picture

18PROJECT MANAGEMENT
Fig 2: The decision related problems
Source: (Fang, Wu and Wu 2015)

19PROJECT MANAGEMENT
Fig 3: Decision making procedure in risk management
Source: Created by Author
In order to make an attempt of simplifying the procedure it is important to pay special
attention to the three general links which includes the identification, quantification and lastly the
reaction (Larsen et al. 2015). However this particular procedure is very much complex and is
dependent upon the preferences of the decision makers and the ability related to verifying and
Risk Identification Determination of the risk cause, risk effects
and identification of the risk owners
Risk Analysis Determination of the probability of event
occurrence and event consequences
Benefit and cost
analysis of various
estimations
Analysis of the expenditure as well as the
cost related to individual variants of a project
Risk Assessment Qualitative and quantitative estimation of the risk factors
along with the determination of the individual variants
impact
Monitoring Current control along with the verification of
the risk level for the chosen variant of the
project

20PROJECT MANAGEMENT
analyzing the results and the subsequent implementation. The scope of each link might be
considered to be another method resulting in the subsequent implementation.
The chosen method in range of identification risks in the project:
Identification of the risks:
During the identification stage it is very much necessary to get a statement of the factors
which are possible to occur in the entire cycle of the project and risk matrix is the most
frequently used tool used for the identification of the risk factors (Iqbal et al. 2015). Along with
this the other tools or methods which are frequently used includes the brainstorming, the
checklist, the Delphic technique, evaluation by the expert, internal audit by an organization and
many more. The identified factors are generally presented in the risk matrix. Below is the table
depicting the risk matrix:

21PROJECT MANAGEMENT
IMPACT
Probability
1 2 3 4 5
1 LOW LOW LOW MEDIUM HIGH
2 LOW LOW MEDIU
M
MEDIUM HIGH
3 LOW LOW MEDIU
M
HIGH HIGH
4 LOW MEDIUM MEDIU
M
HIGH HIGH
5 LOW MEDIUM HIGH HIGH HIGH
Fig 3: Risk of Matrix
Source: Created by Author
Usage of the Risk Matrix in the risk Register
The initiation of the verification started with the simplest technique by usage of the
quantitative and the qualitative variables this is the method which is generally based upon the
considerable subjectivity of the decision maker, although it is relatively seen to be much simpler
clear as well as easy to make.in accordance to the PRINCE2 methodology the risk register has
been developed where it has been associated with imaging the adequate scale of impacts of the
risk upon the project by making use of the risk matrix (Paavola and Kerosuo 2016). Below is the

22PROJECT MANAGEMENT
developed risk register which has been developed in accordance in to risk management
procedure which also depicts the possible response strategies.
Managing the risks should be done at a constant rate and must be an ongoing process
which would be associated with raising of the risks by the project team with the risk manager or
with the project manager. This is then followed by the lodging of eth risks so as to identify the
actions that are to be taken so as to mitigate the risks (Liu, Zhao and Yan 2016). In order to
respond properly to the risk the risk manager might be needing an assistance from the experts so
as to understand the action which are possible to take so as to reduce the likelihood of occurrence
of the risks as well as the impact of the risk which might occur (Wu et al. 2016). The risk register
for this mixed development project has been provided below:
Risk Register
Sl.
No
risk type Owner of
the risk
Reason or
cause
Effect Probability Level
of risk
Risk response
strategy
Cost of
the
strategy
1 Lack of
acceptance by
the investor of
the design
proposals
Investor Delays
occurring in
the
approval
Increased
cost because
of the
suspension of
the work
done by the
designing
team of the
project
5-40% Low Observing the
market and
making of
alternative
designs
0
2 Delays and the
difficulties
occurring in the
obtaining of the
opinions and
permits
Investor Delays In
the work
related to
designing
or unknown
scope of the
entire
project
The
designing
process
becomes
distributed
5-40% medium Early stage
diagnosis of the
entire situation
by the
individuals
responsible for
the project and
conducting of
meetings so as to
discuss the
situation
(Bakchan and
Faust 2019)
50
thousand
3 Conflicts arising
amongst the
desiging team
nd the members
Designer
office
Flow of
information
is
insufficient
all amongst
the team
members
The
designing
process
becomes
distributed
0-5% Low Response from
the team leader
in all type of
conflicts that
arises within the
project
15
Thousand

23PROJECT MANAGEMENT
4 Too much
optimistic
assessment of
the employee
workload
Designer
office
Approval of
the
unrealistic
deadlines
for the
individual
work
Delays in
designing the
entire work
of the project
5-40% low Asking the
employees to do
overtime or
ordering them as
a part of work to
the other
designing team
(Aziz and Abdel-
Hakam 2016)
120
Thousand
5 Investors
providing
incorrect
information or
absence of
proper guidance
Investor Issuing of
the designs
with
duplicate
errors or
detected
errors
initially
responsible
for the
generation
of time
constraints
Lack of
verification
of the errors
would be
initially
responsible
for the
increased
cost along
with
increased
time because
of the
development
of the next
revision of
the design
40-70% High Application to
the investors for
the purpose of
extending the
time related to
the completion
of the work
because of the
addition
circumstances
that occur
20
Thousand
6 Insufficient
knowledge
amongst the
staffs associated
with the project
Designer
office
Design
related
errors
Verification
of the errors
would be
initially
responsible
for the
increased
time because
of the
repeated
number of
checks of the
entire process
of designing
the work
5-40% medium Designing team
leader is
associated with
strengthening of
the control over
the work along
with providing
of consultation
to the employees
by the experts
(He et al. 2015)
65
Thousand
Recruiting new employees or
7 Accepting the
unrealistic
deadlines in the
contract
Designer
office
Faults in the
provisions
related to
the
contracts
The quality
of the entire
design
deteriorates
initially
leading to the
failure of
meeting the
assigned
deadlines
40-70%
High
Recruiting new
employees or
employing the
ordering which
would be
considered as a
part of the work
for another party
at the time of
contact.
105
Thousand
8 Underestimating
the budget
assigned for the
project
Investor Insufficient
budget for
conducting
the tasks
associated
with the
project
The quality
of the project
design
deteriorates
40-70% High Limiting the
scope of the
design so as to
make the
necessary
minimum
(Loosemore
2016).
40
Thousand
9 The Project Failure in Impact upon 40-70% High It must be made 100

24PROJECT MANAGEMENT
establishment of
a proper supply
chain
manager finding the
reliable
suppliers
the cost as
well as the
quality of the
entire
construction
sure that if the
local suppliers
are seen to be
unreliable then it
would be
necessary to
make use of the
services
provided those
other companies
operating in the
city or state.
Despite of this
possibility of this
is rather seen to
be unlikely
(Mok, Shen and
Yang 2015).
Thousand
10 Proper
establishment of
safety standards
at the site
Lethal
outcomes
Project
office
Huge impact
upon the cost
40-70% High Monitoring of
the entire
construction
process
Making sure of
the fact that
proper standards
are always being
met (Argyres,
Lumineau and
Oliveira 2016)
In case of an
event of lethal
outcome the case
must be
investigated so
as to identify the
major cause
lying behind the
tragedy
Indemnification
of the various
relatives that are
associated with
the deceased
(Rumane 2016).
80
Thousand
11 Assessment of
the various
offers
Project
designing
team
Failure in
finding the
effective
contractors
The quality
as well as the
schedule of
the entire
project gets
adversely
affected
50-80% High Evaluation of the
various kind of
offers that are
made by the
contractors in a
proper way
along with
searching of
appropriate
contractors who
are located in
some other city
or state
(Sherekar,
Tatikonda, and
Student 2016).
60
Thousand

25PROJECT MANAGEMENT
Conclusion:
The report helps us in concluding to the fact that there exists a lot of difference between
the theoretical work and the practical works done in a project. The major scope of the project
includes the understanding the entire project and its needs. As more and more knowledge is
gained about the project situation more and more effort needs to be put upon so as to make sure
that the entire project is running in a smooth manner. Once the entire plan for the project has
been created it must be made sure that the entire plan is understandable by anyone associated
with the project so the plan must be associated with following the specific directions which
would be followed by the construction of the objects or performing of the tasks in accordance to
the design.
Risk is always considered to be evident in each and every project so whenever a project
management is being considered it is very necessary to understand each and every risk along
with knowing how those risks can be minimized or eliminate the impacts of the risk upon the
project. This is very essential for delivering a successful project. For this reason a risk register
has also been made so as to understand the various kind of risks. Risk Register is one of the
essential tool used for managing the risks and whenever a risk is identified it should be
necessarily logged into the register and certain actions should be taken in order to respond to the
risk. Risk register is considered to be a scatter plot which has been used as a tool for managing
the risks and for full filling all the regulatory compliances which would be acting as the
repository of all the risks that have been identified and is consisting of the additional information
about each risk as well like the owner of the risk, mitigation measures, and many more. The
responses which are provided needs to be documented in the risk register and it is essential to
review the risk register on a regular basis so as to monitor the entire progress. Ideally the risk

26PROJECT MANAGEMENT
register which has been created should be reviewed on a regular basis in each of the team
meetings held along with reviewing it at the end of each phase of the entire project lifecycle.

27PROJECT MANAGEMENT
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