Professional Documents
Culture Documents
Example Project
Project Name:
DIST- EA
Risk Identification
Status
ID #
Type
Category
Active
160
Threat
Design
Active
161
Threat
Active
162
Threat
R/W
Active
163
Threat
Construction
Active
164
Threat
Title
Survey File
Design
Active
165
Threat
Active
166
Threat
R/W
Active
167
Threat
Construction
Buried Objects
Supplemental EIR
Additional R/W
Hazardous Materials
08-1234
Project
Manager
Risk Rating
Risk Statement
Current status/assumptions
Priority
Rating
PM Person
Risk Response
Strategy
Response Actions
Risk Owner
Updated
Medium
Mitigate
Sam Owner
10/12/2012
Low
Mitigate
EIR Person
11/23/2012
High
Accept
R/W Person
11/23/2012
Medium
Accept
PM
11/24/2012
Low
Avoid
Design Manager
11/24/2012
Low
Mitigate
PM/RE
11/24/2012
Low
Mitigate
R/W Person
11/24/2012
Medium
Accept
PM
11/24/2012
Example Project
Project Name:
DIST- EA
08-1234
Probability
Cost Impact
Project
Manager
Risk Identification
Status
ID #
Type
Category
Active
160
Threat
Design
Active
161
Threat
Active
162
Threat
R/W
Active
163
Threat
Construction
Title
Survey File
Active
164
Threat
Design
Active
165
Threat
Active
166
Threat
R/W
Active
167
Threat
Construction
Buried Objects
Supplemental EIR
Additional R/W
Hazardous Materials
Risk Statement
Inaccuracies or incomplete information
in the survey file could lead to rework of
the design.
Potential lawsuits may challenge the
environmental report, delaying the start
of construction or threatening loss of
funding.
Due to the large number of parcels and
businesses, may have to use the
condemnation process to acquire R/W,
which could delay start of construction
by up to one year, increasing
construction costs and extend the time
for COS.
Unanticipated buried man-made
objects uncovered during construction
require removal and disposal resulting
in additional costs.
A design change that is outside of the
parameters contemplated in the
Environmental Document triggers a
supplemental EIR which causes a delay
due to the public comment period.
Nesting birds, protected from
harassment under the Migratory Bird
Treaty Act, may delay construction
during the nesting season.
Due to the complex nature of the
staging, additional right of way or
construction easements may be
required to complete the work as
contemplated, resulting in additional
cost to the project.
Hazardous materials encountered
during construction will require an onsite storage area and potential
additional costs to dispose
PM Person
Risk Assessment
Current status/assumptions
Risk Response
Time Score
Rationale
Strategy
Response Actions
Risk Owner
Updated
Sam Owner
10/12/2012
EIR Person
11/23/2012
R/W Person
11/23/2012
3-Moderate
2 -Low
4 -Moderate
12
Mitigate
1-Very Low
4 -Moderate
8 -High
Mitigate
3-Moderate
4 -Moderate
12
8 -High
24
Accept
3-Moderate
4 -Moderate
12
4 -Moderate
12
Accept
PM
11/24/2012
3-Moderate
4 -Moderate
12
8 -High
24
Avoid
Design Manager
11/24/2012
2-Low
2 -Low
8 -High
16
Mitigate
PM/RE
11/24/2012
3-Moderate
8 -High
24
8 -High
24
Mitigate
R/W Person
11/24/2012
2-Low
2 -Low
1 -Very Low
Accept
PM
11/24/2012
Example Project
Project Name:
DIST- EA
Project
Manager
08-1234
PM Person
Risk Assessment
Risk Identification
Status
ID #
Category
Active
160
Design
Active
161
Active
162
R/W
Active
163
Construction
Title
Survey File
Active
164
Design
Active
165
Active
166
R/W
Active
167
Construction
Buried Objects
Supplemental EIR
Additional R/W
Hazardous Materials
Risk Statement
Inaccuracies or incomplete information
in the survey file could lead to rework of
the design.
Potential lawsuits may challenge the
environmental report, delaying the start
of construction or threatening loss of
funding.
Due to the large number of parcels and
businesses, may have to use the
condemnation process to acquire R/W,
which could delay start of construction
by up to one year, increasing
construction costs and extend the time
for COS.
Unanticipated buried man-made objects
uncovered during construction require
removal and disposal resulting in
additional costs.
A design change that is outside of the
parameters contemplated in the
Environmental Document triggers a
supplemental EIR which causes a delay
due to the public comment period.
Nesting birds, protected from
harassment under the Migratory Bird
Treaty Act, may delay construction
during the nesting season.
Due to the complex nature of the
staging, additional right of way or
construction easements may be
required to complete the work as
contemplated, resulting in additional
cost to the project.
Hazardous materials encountered
during construction will require an onsite storage area and potential
additional costs to dispose
Probability
Current status/assumptions
Low
High
Most likely
40
60
100,000
10
500,000
40
60
500,000
20
40
200,000
10
30
100,000
20
150,000
40
60
500,000
20
40
100,000
Probable
Low
Most likely
High
Risk Response
Rationale
Probable
Strategy
Risk Owner
Updated
Mitigate
Sam Owner
10/12/2012
EIR Person
11/23/2012
R/W Person
11/23/2012
PM
11/24/2012
300,000
100,000
800,000
1,200,000
42,000
60
150
Mitigate
750,000
2,000,000
542,000
180
365
136
Accept
400,000
90,000
400,000
47,000
60
300,000
23,000
30
1,000,000
300,000
200,000
750,000
Response Actions
Accept
Avoid
Mitigate
375,000
Mitigate
60,000
Accept
PM/RE
11/24/2012
R/W Person
11/24/2012
PM
11/24/2012
Rating -->
Very Low
Impact Definitions
Low
Moderate
High
Insignificant cost
increase
<5% cost
increase
5-10% cost
increase
10-20% cost
increase
Cost Impact of
Insignificant cost
Opportunity (CO + COS)
reduction
<1% cost
decrease
1-3% cost
decrease
3-5% cost
decrease
<1 month
slippage
<1 month
improvement
1019%
1-3 months
slippage
1-2 months
improvement
2039%
3-6 months
slippage
2-3 months
improvement
4059%
Schedule Impact of
Threat
Schedule Impact of
Opportunity
Probability
Insignificant
slippage
Insignificant
improvement
19%
Risk Matrix
Probability Rating
5 Very High
4 High
3 Moderate
2 Low
1 Very Low
1
Very Low
2
Low
4
Moderate
Impact Rating
Low Risk
Moderate Risk
High Risk
Rating
Very High
>20% cost
increase
>5% cost
decrease
>6 months
slippage
>3 months
improvement
6099%
8
High
16
Very High