Experience and Methodology in Risk Management Risks in construction projects are managed under a number of different headings, principally: Cost Control Programme Management Quality Control Health & Safety In the early stages of a project‘s life the assessment of risk associated with the available options is an important feature in determining the viability of any proposed scheme.  Construction projects will vary in size and scope and the risks associated with each scheme will also vary accordingly. The CDM Regulations place responsibilities on all parties in relation to health and safety risk.  The designer must, during the course of the design development process, consider the hazards and risks, which may arise during the construction phase and/or during the maintenance, alteration or dismantling of the facility.  As far as is reasonably practical the designer should endeavour to avoid risk to health and safety and should this not be possible then to reduce the risk at source.  If it is not possible to reduce to a safe level or eliminate the risk the Designer should consider means which will protect personnel involved on the project.  All information relevant to safety matters must be included with the contract documents and especially on the drawings.  All such information must also be passed to the CDM Co-ordinator for inclusion in the Health and Safety Plan.  The Designer must co-operate with other members of the design team during the design development of the project and also co-operate with the CDM Co-ordinator.  This co- operation also applies in respect of further design development, which may occur during the construction phase of the project. A Risk Management and Analysis system provides a structured approach to achieving the project objectives with the lowest possible risk.  In consultation with the Client an appropriate Risk Management technique will be developed and adapted to meet the objectives of the scheme.  This Risk Management process will be implemented through an initial RM Workshop and developed in review Workshops to ensure successful delivery of the project. The objective of Risk Management and Analysis is to identify and quantify potential risk and devise and implement action appropriate to their impact to mitigate the risks identified.  The processes are designed to assist the Client to systematically identify risks and develop measures to address them and their consequences. Implementation draws on techniques of risk prevention, risk transfer, impact mitigation or risk acceptance. We would adopt a three-stage process to Risk Management: Risk Identification Risk Modelling Risk Management Risk Identification We would utilise a facilitated workshop forum for this first phase. At this workshop the key stakeholders would “brainstorm” both strategic and specific risks. The risks would then be prioritised by defining an appropriate probability factor and a value of the potential risk relative to cost and time.  This procedure would utilise our standard forms which we have developed for this process. From this information we would be able to develop a Risk Management Plan. The process will achieve “buy in” from the key stakeholders, which is a key element in the success of any complex project. Risk Modelling On completion of the risk identification phase the information for probability, cost and time impact can then be modelled to provide a range of costs for the risks.  Risk Management Plan  The risk management plan produced at the workshop forms the basis of this phase. The plan will identify the following: The risk The priority ranking Mitigation ideas A Risk Owner responsible for the risk Target dates for implementation of mitigation The Plan is adopted by the team with an individual being tasked to drive it forward. It is a live management tool. As risks are mitigated they will be removed and as new risks occur they will be added. It is not just some thing to be done at the start of a project and then forgotten about! On particular projects we would also undertake a HAZOP (Hazard and Operability) Study on behalf of our Client. The implementation of our Risk Management process will be operated and imposed at a level appropriate to the project under consideration. Philip has previously been specifically involved in detailed Risk Management processes with City and County of Swansea on the Civic Centre Project, Penyrheol School Rebuild and on YGG Llwynderw School. Experience and Methodology in Risk Management
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