Risk Identification

Risk Identification

1. Time

   • Schedule overruns
     • Project fails to meet Olympic deadline
     • Unsatisfied customer
   • Opportunity to compress schedule arrises
     • Project deadline brought forward could lower costs

2. Communication

   • Poor communication to Stakeholders leaving dissatisfaction
     • Stakeholders could pull out
     • Reduced funding
   • Stakeholders recieve too much information
     • Confidential information could be seen by unauthorised individuals

3. Cost

   • Unanticipated expenditure
     • Budget Exceed
       • Project could come to a standstill
       • Expensive materials

4. Resources

   • Team under resourced
     • Staff not turning in
       • Staff sickness
   • Materials shortage due to quantity needed
   • Machinery unavailable
     • Broken down
   • Skills gap
     • Work done slower than expected
     • Training needed
   • Inadequate materials
     • Unsafe

5. Environmental

   • Bad weather resulting in re-work
     • Additional time & cost
   • Bad weather delaying progress
   • Environmental approvals not complied
     • Bad for the environment

6. Scope

   • Scope poorly defined
     • Requirements not met
   • Project changes poorly managed
     • Olympic standards could change