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Risk Management

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ace pop

on 7 November 2013

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Transcript of Risk Management

Advance Diploma in Quantity Surveying
ATGB 4033 PROJECT MANAGEMENT
QUALITY
Problem that occur:-
COST
Problem that occur:-
Inflation
Fluctuation of currency
Late payment from client
Exceptionally adverse weather
Project Details
CADANGAN MEMBINA PEMBANGUNAN RESORT PENGINAPAN (CHALET, SEMI D VILLA DAN HOTEL) SERTA KEMUDAHAN GYM, SPA DAM KOLAM RENANG DI ATAS SEBAHAGIAN PT 673 (LOT PT 540) SELUAS 11 EKAR (4.464 HEKTAR). PULAU CAREY, DAERAH KUALA LANGAT, SELANGOR D.E. UNTUK TETUAN LADANG YS (SELANGOR) SDN. BHD.
Risk Management
Risk is the event which traditionally is likely to occur, and could negatively affect the project outcome in term of TIME, COST, Quality and OTHER relevant performance criteria
QUALITY
COST
TIME
Weather
Inadequate skilled manpower
Tight of project schedule
Unsuitable construction planning
(1) Weather:
Wet the materials
Delayed the drying process of concrete works and affect the strength
(1) Weather(Cont'd):
Current Control:
Repurchase the materials and construct temporary roof to protect the materials and ongoing works
Recommended Control :
Contractor shall consider poor weather condition at the beginning and take into account in the preparation of tender.
(2) Inadequate Skilled Manpower:
Current Control :
Hire skill labour
Recommended Control :
Confirm the amount of labour needed and hire the required amount of labour before works start
(3) Tight of Project Schedule:
Rushing of time caused the works can't achieve the required quality.
(3) Tight of Project Schedule (Cont'd):
Current Control :
Schedule and employ more labour for two shift work and deploy an experienced supervisor to supervised the work
Recommended Control :
Consider any factors that will affect time delaying and work out a suitable schedule.
(4) Unsuitable Construction Project Planning:
Sequence of carrying out works is not in the right order and, so some difficulties happens for ongoing works and hacking process is involved. After hacking, some of the works' quality are affected.
Time
Problem that occur:
Weather
Design Change
Lack of proper training and experience of Project Manager
Inadequate skilled manpower
(1) Weather:
Raining heavily
The soil condition become poor
Weather (Cont'd):
Current Control:
Apply Extension of time(EOT)
Recommended Control :
Apply Extension of time(EOT)
(2) Design Change:
Change on foundation
Current Control :
Apply Extension of time(EOT)
Recommended Control :
Apply Extension of time(EOT)
(3) Inadequate Skilled Manpower:
Lack of skill labour to carry out work
Current Control :
Hire skill labour
Recommended Control :
Confirm the amount of labour needed and hire the required amount of labour before works start
SAFETY & HEALTH
Client:
LADANG YS(SELANGOR) SDN.BHD.

ARCHITECT:
ARKITEK SIMON HENG

C&S ENGINEER:
JURUTERA PERUNDING ALPHAREKA S/B
M&E ENGINEER:
PERUNDING EAGLES ENGINEERS S/B

MAIN CONTRACTOR:
SUN HUP HING CONSTRUCTION S/B
Contract Particular
(1) INFLATION
Type of risk: Economic risks

Current situation:
Prices of materials and fuels increased.

Current control:
Pay the due amount by the contractor himself.
Recommended control measures:
State a clause in the contract that said if any inflation happen, the price shall be revise.
(2) FLUCTUATIONS OF CURRENCY
Type of risk: Price determination risks

Current situation:
The currency of fluctuated unstably.
Current control:
Stop importing materials and alternate the materials with some materials which approved by the architects.
Recommended control measures:
Correctly forecasting of fluctuations on currency and do not too depend on imported materials only.
(3) LATE PAYMENT FROM CLIENT
Type of risk: Contractual risks

Current situation:
Client had delayed the payment for two weeks.
Current control:
Advise the client to make payment on time.
Recommended control measures:
Agree with the clients on the conditions of payments and clearly state the exact payment terms on the invoices and agreements.
(4) EXCEPTIONALLY ADVERSE WEATHER
Type of risk: Fundamental physical risks

Current situation:
Material is wet due to heavy rain.
Current control:
Repurchase the materials and construct temporary roof to protect the materials and ongoing works.
Recommended control measures:
Store the material in a better place where will not get wet easily.
SAFETY & HEALTH
Job activity: Laying of bricks
Problem : Mobilization of equipment and material
Potential Risk : Fall of material
: Uneven ground condition
Current Control :
Wear proper personal protective equipment
Recommended control:
To ensure the work place save to start work.
-Briefing should be done before start work.
-Supervisor must be in place to supervise.
Problem : Process of cements mixture
Potential risk : Flying of cement dust

Current control :
Briefing to worker wear the proper personal protective equipment .
Recommended control :

-Supervisor must be in place and that area must be installation of safety sign board.
-Supervisor must briefing safety work method statement to workers.
-Cement must have a chemical safety data report.
SAFETY & HEALTH (CONT'D)
Job activity: Laying of Bricks (Cont'd)
Latest work progress
Project S- Curve
Other Documents
Weekly Inspection Checklist
Concrete Cube Test Report
Progress Photo
Conclusion
The risk management of the project management was carried out in a proper way
There are no any other accidents or contingencies happening during the progress of the construction project
Recommendations
Site supervisor should be fully responsible for their routines
Replacement of another site supervisor shall be done immediately when the remaining site supervisor was on his sick leave
QUALITY (Cont"d)
Quality (Cont'd)
Quality (Cont"d)
Quality (Cont'd)
Quality (Cont'd)
Cost (Con'd)
Cost (Cont'd)
Cost (Cont'd)
Cost (Cont'd)
Time (Cont'd)
Time (Cont'd)
Time (Con'd)
(2) Inadequate Skilled Manpower:
Lack of skill labour to carry out work
QUALITY (Cont"d)
Quality (Cont'd)
(4) Unsuitable Construction Project Planning:
Current Control:
Rearrange the construction project plan to solve the current facing problem.
Recommended Control:
Hire a Project Managemer with more experience
Full transcript