Student: Tony Donnelly
Student ID Number: 15505693
Risk Analysis:
Introduction:
Milestones are indicators that are inserted into a programme at points of strategic activity. These milestones enable us to track specific events so we can identify certain conditions through the course of a project.
In the case of our landscape project we have five milestones inserted into our Gantt chart. They are at task 2 Design backyard, task 4 Get quotes for purchases, task 5 get quotes for contractors, task 11 level yard and task 20 make payments.
The significance of these milestones is to enable the team to identify where the key elements of the project are, in terms of risk and progress.
The milestones indicate risks lie at these points because they are key tasks on the critical path.
Task 2: If the design is not complete and agreed upon no work can commence. The project will never get off the ground. Risks here can be design not being completed in-time for the start date; 31st August.
Task 4: If the quotes are not obtained for the purchase of materials and plant the programme will stop and overrun. Wrong materials or delayed deliveries would cause duration overrun.
Task 5: Similarly; if these quotes are not received the budget is at risk of overrun.
Task 11: As long as the backyard is levelled the re-construction of the landscape can take place. Up to this point in the programme we have been preparing for this task.
The risks here are that the yard is not levelled and the programme stops.
An accident causes the suspension of the programme.
The quality of the work is poor causing a delay in the programme
Task 20: When all work has been completed payments can be made which will enable the important task to be completed; handover. Risks identified with this task involve none payment and the opening ceremony being delayed.
Due to the limited size of the task force employed for