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Team 1 – Polands A2 Motorway Construction Risks. Construction Risks (Delays, etc.) 1.What are these risks in the project? Project size and total lack.

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Presentation on theme: "Team 1 – Polands A2 Motorway Construction Risks. Construction Risks (Delays, etc.) 1.What are these risks in the project? Project size and total lack."— Presentation transcript:

1 Team 1 – Polands A2 Motorway Construction Risks

2 Construction Risks (Delays, etc.) 1.What are these risks in the project? Project size and total lack of experience Construction Site Risks Legal Risks Phase/Stage Construction

3 Project Size and Lack of Experience Have they been properly identified and addressed? Yes, CFO acknowledged that the project was of an unprecedented size for Poland. Who bears these risks? All stakeholders including the government How are they mitigated? Outside consultants and international resources Research similar construction projects

4 Construction Site Risks Have they been properly identified and addressed? Yes, project leaders identified the following risks: - Archeological sites - Hazardous waste Who bears these risks? Construction Company How are they mitigated? Conducted environmental survey to find large risks Accepted the unknown unknowns

5 Legal Risks Have they been properly identified and addressed? Yes, project leaders identified the following risks: - Eminent domain - Environmental – Local Permits Who bears these risks? Government How are they mitigated? Government has the power but no specific mitigation strategy

6 Phase/Stage Construction Have they been properly identified and addressed? Yes, it has been identified No, it has not been addressed Who bears these risks? Construction Company and Government How are they mitigated? Government can pull concession from construction company

7 Construction Risks (Delays, etc.) 3.Where would they fall in the heat map (from JPL Case)? A.Project size and total lack of experience (3,3) B.Construction Site Risks (4,2) C.Legal Risks (2,2) D.Phase/Stage Construction (4,4) Likelihood 5 4 B D 3 A 2 C 1 12345 Consequence


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