Risk Management To Avoid Delays In Road Construction Construction Essay

The challenges in the building industry are of same nature irrespective of geographic locations. The countries of concern in building undertaking direction are timely completion of undertakings within the allocated cost, besides serious concerns about resources use and undertaking planning/control steps.

Risk direction is the art or pattern of covering with hazard. It includes planning for hazard, measuring ( placing & A ; analysing ) hazard issues, developing hazard handling schemes, and supervising hazards to find how they have changed. My core country of plants is in the field of technology consultancy for assorted route undertakings in Dubai, which includes undertaking planning and supervising the public presentation of these undertakings, most of the times we face holds every bit good as cost overproduction at these undertakings. Intension of making the undertaking works in this country is to organize a procedure/systematic attack for designation and direction of assorted hazards in the route undertaking with the aid of assorted thin tools and TOC constructs.

We will write a custom essay sample on
Risk Management To Avoid Delays In Road Construction Construction Essay
or any similar topic only for you
Order now

The hazard direction is non new to the organisations where as there is deficiency of consciousness and systematic attack towards it. Risk direction program is successfully being implemented in Banks, Oil Companies, Health attention etc besides the IS 31000 suggests the frame work which can be implemented in any sort of industry irrespective of type & A ; topographic point. IS 31000 guidelines can be modified as per the particular industry demands. ( Ref ISO 31000 page V “ Introduction ” )

Hazard is an unsure event or status that, if it occurs, has an consequence on at least one of the following undertaking objective ;

Complete Project in allocated clip

Complete the undertaking in allocated budget

Maintain all quality criterions as per Quality Management Plan

Cover full range of plants

Undertaking has known every bit good as unknown hazards, in which known hazards are considered for the hazard direction program which can be identified, analysed and response program can be prepared but to manage unknown hazards we can hold a eventuality program ready.

The undertaking work will necessitate entree to extremely sensitive informations of RTA ( Road Transport Authority Dubai ) & A ; Parsons Overseas Ltd ‘s route undertakings and usage of these informations will be limited up to academic intent merely.

Working with the assorted route undertakings in Dubai, I foremost derived the basic information which shows how many undertakings are delayed in footings of time/days every bit good as how much more the client has to pay for these undertakings other than the budgeted cost. ( Ref Chart 1 for Days & A ; Chart 2 for Cost )

Chart 1

Chart 2

The informations above is taken from 10 route undertakings in Dubai which clearly suggests that the hold in yearss has caused the several addition in the cost this cost besides may include the fluctuation in range.

Causes behind the hold in these sorts of undertakings are external every bit good as internal, e.g. the planetary recession has caused client ( RTA ) to alter the policy in footings of put to deathing some undertakings, altering the precedence, suspending some plants etc is an external factor for the route undertakings where as the hold in material purchase is an internal factor. My work is more focussed on the internal operational hazards in these undertakings, where the information base in of 10 RTA route undertakings will be used where as the sample hazard direction program will be prepared based on ongoing undertaking R800/6 for analysis intent. Besides the hazard direction program for occupational Health & A ; safety every bit good as environmental hazards are non considered for this exercising.

Aims behind Risk direction program –

Promote Proactive instead than reactive direction

Be cognizant of the demand to place and handle hazard throughout the organisation

Improve designation of chances and menaces.

Comply with relevant legal and regulative demands and international norms

Improve coverage

Improve corporate administration

Improve stakeholder ‘s assurance & A ; trust

Establish dependable footing for determination devising and planning

Improve Control

Efficaciously allocate and usage resources for hazard intervention

Improve operational effectivity and efficiency

Improve incident direction and bar

Minimize loss

Improve organizational acquisition

RISK MANAGEMENT STRATEGY

PARSONS GOALS

Lead industry in Safety

Continuously heighten the value of Parsons Corporation

Maintain sustainable growing consistent with the demand in each market

Grow consolidated net runing income and gross revenues at least 10 % yearly

Keep a strong balance sheet.

PARSONS STRATEGY

Provide responsive, high quality service to our clients

Develop long term relationships with clients who portion our values.

Promote best value solutions to our clients

This papers describes how we will execute the occupation of pull offing hazards for RTA route undertakings in Dubai. It defines functions and duties for participants in the hazard processes, the hazard direction activities that will be carried out, the agenda and budget for hazard direction activities, and any tools and techniques that will be used.

The aim behind this program is to give systematic attack to designation, analysis, and supervise the assorted hazards involved in the building of Road/Bridge undertakings in Dubai and to avoid hold in the undertaking.

The hazard designation at design stage is non considered for the exercising ; mostly accent is on building activities.

As a portion of uninterrupted betterment this program has to be updated semimonthly or whenever necessary alterations are need to be done, with the consent of Risk Management squad.

Scope OF SAMPLE PROJECT

This undertaking is a constituent of the overall R800 Project “ Ras Al Khor Crossing Corridor ” . This Contract lucifers R800/5 Contract on one side. It involves the building of a major grade-separated interchange to replace the bing Interchange No. 1 at Shaikh Zayed Road. The new interchange involves the building of several Bridgess and subwaies to let free flow of traffic and caters for the high volumes of traffic that will entree new developments such as the Burj Dubai Developments, Business Bay and Dubai International Financial Center ( DIFC ) from Shaikh Zayed Road. The Bridgess of this undertaking are connected to the elevated viaducts above Doha Road that will be built as portion of Contract R800/5 ‘s. The bing Interchange No. 1 construction will be demolished as portion of this undertaking

The undertaking besides include the building of roadway signage and paving marker, landscape gardening, street lighting, irrigation canals, recreation and/or protection of services such as DEWA-ED, DEWA Water, Etisalat, Sewerage, Storm Drainage and Irrigation Systems.

Engineer

M/s Parsons Overseas Limited

Contractor

M/s Salini Costruttori S.p.A.

Contract Sum ( Dhs. )

AED 617,871,651.00

Undertaking Commencment Date

11 October 2006

Contractual Completion Date

28 March 2009 ( Work is in Progress )

Time of Completion

730 Dayss

ROLES AND RESPONSIBILITIES

The hazard direction squad is non a separate undertaking from the undertaking direction ; it is an built-in portion of the undertaking and requires team work. So as the building squad at undertaking site is the portion of hazard direction program, where as to form this work following members are assigned certain duties.

Team MEMBER

RESPONCIBILITY

Undertaking MANAGER

RESIDENT ENGINEER

Form a hazard direction squad

Review the hazard direction studies

Decide a extenuation / eventuality program.

Decision devising.

Review the exposure appraisals for any new hazard points.

The Project Manager and other members of the Project Management squad shall meetbiweekly suggestedto reexamine the position of all hazard extenuation attempts.

RISK OFFICER

Planning Engineer

The Risk Officer has the undermentioned duties and authorization

Organizing hazard designation and analysis activities.

Keeping the undertaking ‘s hazard list.

Advising undertaking direction of new hazard points

Reporting hazard declaration position to direction.

Undertaking Member Assigned a Hazard

Civil Engineer, Structural Engineer

Quantity surveyor

Material Engineer

The Risk Officer will delegate each freshly identified hazard to a undertaking member.

Assess the exposure and chance for the hazard factor and describe the consequences of that analysis back to the Risk Officer.

Assigned undertaking members are besides responsible for executing the stairss of the extenuation program and describing advancement to the Risk Officer semiweekly.

ROJECT RISK MANAGEMENT PROCESSES

Plan RISK MANAGEMENT

This is the controlled papers to be prepared which suggests how to carry on hazard direction for undertakings. Hazard planning is of import to supply adequate resources & A ; clip for hazard direction activities. To get down the hazard be aftering the following major inputs are necessary ;

Scope of undertaking

Schedule direction program

Cost direction program

Communication direction program

The end product of this procedure in a “ Risk Management Plan ” which can be modified as the undertaking progresses besides as the undertaking range alterations.

Risk direction program includes ;

Methodology – How to near the hazards, what are the tools to be used, informations beginnings to be used in order to execute hazard direction.

Roles & A ; Responsibilities – Hazard direction is non an single undertaking it is a squad work. Organization chart to be prepared.

Budgeting – Assign resources, estimations financess needed for hazard direction in instance of eventuality programs if any. This portion we are non sing at nowadays for our hazard direction program presuming the budgeting is readily available.

Clocking – Establish the reappraisal for RMP during term of office of the undertaking every bit good as set up a mile rock to fix and O.K. RMP before the beginning of existent undertaking woks.

Risk Category – Fix a Hazard Break down construction that can supply a systematic attack to place hazards from different classs from the RBS.

Risk Probability, impact and matrix – The hazards for qualitative every bit good as quantitative analysis can be measured as a defined graduated table and the specific combinations can be rated for be aftering response.

Reporting – Out semen of the hazard direction processes to be documented and reported.

Tracking – How hazard activities will be recorded for the benefit of the current undertaking every bit good as for future demands and lessons learned, every bit good as the audit of the hazard direction procedures.

IDENTIFY THE RISKS

The hazard designation information is to be collected from all sections utilizing tools such as papers reappraisal, unstructured interviews, cheque list, premises, and experience from old undertakings.

The hazard squad can widen this undertaking to all other undertakings team members in placing the hazards so it can be compiled together to fix a hazard registry. The hazard designation can be initiated by organizing a hazard dislocation construction.

RISK BREAK DOWN STRUCTURE

As per the undertaking range and nature of the undertaking the hazard breakdown construction can be prepared, for the sample undertaking the hazard are identified utilizing the undermentioned hazard breakdown construction.

Hazard REGISTER

Once the hazard break down construction is concluding so the hazard designation can be done and can be listed in the undermentioned format called Risk Register.

Sr No

Hazard

Hazard WBS

Probability

Remark

1

132 kv electic line resettlement

Obs – Utility

0.9

Obstructing NW span

2

1200mm dia H2O line

Obs – Utility

0.9

Bridge work

3

Sewage line

Obs – Utility

0.9

Can detain the traffic recreation

4

Etisalat Line

Obs – Utility

0.75

Obstructing NW span

5

Mobilization

Res- Manpower

0.4

Overall undertaking

6

Trial Trench plants

Int- Authority Approvals

0.8

Utility Relocation plants

7

Traffic Diversion strategy execution

Obs- Traffic Diversion

0.9

Utility Relocation every bit good as span plants

8

Toyota Building

Obs- Expropriation

0.8

Traffic Diversion

9

Diversion of the Existing 600mm & A ; 300mm Water Diversion

Obs – Utility

0.8

impacting span UW3

10

Programme entry and blessing

PM- Planninng

0.8

Overall undertaking

11

132 Kv electric line, H2O pipe & A ; valves, irrigation pipe & A ; valves, long lead stuff

Int- Material

0.8

Resettlement plants

12

Soil probe, Pilling, Rebar subcontractor finalisation

Int-Subcontractor

0.8

Road & A ; Structure works

13

Plant & A ; machinary

Res- Machine

0.4

A

14

public-service corporation line traversing along Sheikh Zaid Road

Int-Method Statement

0.3

Particular plants required

15

Change in design

Int-Scope

0.5

A

QUANTITAVIE RISK ANALYSIS ( Monte Carlo Simulation )

Monte Carlo simulation is a statistical method used to bring forth figure of tests to find the expected value of a random variable.

The Risk registry mentioned above indicates a variable “ Risk Probability ” the major undertaking in a hazard direction program is to determine the chance right. The above variable can run from lower limit to maximal chance bounds which are taken from single interviews every bit good as the expert ‘s sentiment. Aim of the simulation exercising in to derieve Expected chance value. This exercising is done on MS Excel separatly consequences of which are attached in Appendix D

First measure is to fix a tabular array as shown below which

Sr No

Hazard

Probability Minimum

Probability Maximum

1

132 kv electic line resettlement

7

10

2

1200mm dia H2O line

6

10

3

Sewage line

5

10

4

Etisalat Line

4

8.5

5

Mobilization

4

4

6

Trial Trench plants

6

9

7

Traffic Diversion strategy execution

7

9

8

Toyota Building

6

9

9

Diversion of the Existing 600mm & A ; 300mm Water Diversion

6

9

10

Programme entry and blessing

2

2

11

132 Kv electric line, H2O pipe & A ; valves, irrigation pipe & A ; valves, long lead stuff

4

6

12

Soil probe, Pilling, Rebar subcontractor finalizatin

4

7

13

Plant & A ; machinary

3

6

14

Utility line traversing along Sheikh Zaid Road

4

6

15

Change in design

4

6

Once the tabular array is ready the information is transferred to the excel sheet to execute simulation. The consequences from the simulation are summarized below

Sr No

Hazard

Probability Minimum

Probability Maximum

Probability From Simulation

1

132 kv electic line resettlement

7

10

8.5

2

1200mm dia H2O line

6

10

8.0

3

Sewage line

5

10

7.5

4

Etisalat Line

4

8.5

6.2

5

Mobilization

4

4

4.0

6

Trial Trench plants

6

9

7.5

7

Traffic Diversion strategy execution

7

9

8.0

8

Toyota Building

6

9

7.5

9

Diversion of the Existing 600mm & A ; 300mm Water Diversion

6

9

7.5

10

Programme entry and blessing

2

2

2.0

11

132 Kv electric line, H2O pipe & A ; valves, irrigation pipe & A ; valves, long lead stuff

4

6

5.0

12

Soil probe, Pilling, Rebar subcontractor finalizatin

4

7

5.5

13

Plant & A ; machinary

3

6

4.5

14

public-service corporation line traversing along Sheikh Zaid Road

4

6

5.0

15

Change in design

4

6

5.0

The above simulation is merely a guide line to make to a specific probality figures where as there are restrictions to this method, one it is assumed that these variables for each hazard are independent and analysed independently but practically there can be relationship between two or more hazard issues.

PERFORM QUALITATIVE RISK ANALYSIS

Risk chance and Impact Matrix

With the aid of hazard registry, hazard direction program the hazard will be identified for qualitative analysis. These hazards are listed and assigned a hazard evaluation utilizing ‘Risk chance and Impact Matrix ‘ .

Aim of this method is to place the critical hazards based Hazard evaluation which represents frequence of happening and the hazard chance it self. The listed hazards are so categorized as per the matrix established below.

The Numberss in the matrix represents the hazard Numberss from the hazard registry, from the above matrix we can set up the below classs High Risk, Medium Risk & amp ; Low Risk.

Sr No

Hazard

Hazard Rating

Probability

Hazard Type

1

132 kv electic line resettlement

8

8.5

High

2

1200mm dia H2O line

7

8.0

High

3

Sewage line

6

7.5

High

4

Etisalat Line

4

6.2

High

6

Trial Trench plants

5

7.5

High

7

Traffic Diversion strategy execution

8

8.0

High

8

Toyota Building

3

7.5

High

9

Diversion of the Existing 600mm & A ; 300mm Water Diversion

8

7.5

High

15

Change in design

6

5.0

High

10

Programme entry and blessing

3

2.0

Low

5

Mobilization

5

4.0

Medium

11

132 Kv electric line, H2O pipe & A ; valves, irrigation pipe & A ; valves, long lead stuff

4

5.0

Medium

12

Soil probe, Pilling, Rebar subcontractor finalisation

2

5.5

Medium

13

Plant & A ; machinery

4

4.5

Medium

14

public-service corporation line traversing along Sheikh Zaid Road

3

5.0

Medium

ROOT CAUSE / CURRENT REALITY TREE ANALYSIS

The above identified and categorized hazard demand to be farther analysed to place the root cause in order to avoid a possible hold or fix a extenuation program or to fix a recovery program.

The above major hazards are here classified by Current world tree method Appendix E and the

Plan Risk Response

The procedure of developing options and actions to heighten chances and cut down menaces to project nonsubjective.

Monitor & A ; Control Risk

The procedure of implementing hazard response programs, tracking identified hazards, supervising residuary hazards, placing new hazards, and measuring hazard processes effectiveness throughout the undertaking.

Indentify Risks

The hazards to be identified based on historical events of other undertakings every bit good as the expertness sentiment on the current undertaking.

1. Hazard direction methodological analysis to be used

Hazard Identification –

The aim behind this is to fix comprehensive list of hazards based on those events that might heighten, prevent, degrade or detain the accomplishment of aims stated earlier. Besides consideration has to be given to all hazards whether they are with in the control or non in control.

Risk Assessment Questionnaire, historical hold events/reports of other undertakings will be used to place the hazard. The questionnaire will be asked to the Design Engineers, Resident Engineer, Civil Engineer, Structural Engineer, Quantity Surveyor, Quality/Material Egg, Planning Engineer etc. The information to be entered as per the formats attached in Appendix 1A.

B. Categorize Risks –

The informations collected from hazard designation templets will be categorized as per the hazards High Risks, Medium Risks, Low Risks besides the chance of hazard happening to be mentioned. The information to be entered as per the formats attached in Appendix 1B.

Risk Impact Assessment –

For the each hazard identified, the chance of hazard happening for the peculiar hazard will be established so asses impact of the same in footings of cost and clip hold.

Monte carols simulation, Decision tree analysis, and Failure Mode & A ; consequence analysis to analyse hazards one of these tools will be used to analyse the hazard and calculate the impact.

D. Prioritize Risks –

Hazards that meet the threshold standard will be recorded in the Risk Response Plan.

E. Risk Response Planning:

– For each hazard in the Risk Response Plan, find the options and actions to cut down the likeliness or effects of impact to the undertaking ‘s aims.

– Determine the response based on a cost/benefit analysis ( cost vs. expected effectivity ) .

– Describe the actions to be taken to extenuate the hazard

– Describe the actions to be taken when the hazard event occurs ( eventuality program )

– Assign duties for each agreed upon response.

– Assigned a “ due day of the month ” where hazard responses are clip sensitive

– Incorporated this information into the Risk Response Plan

F. Monitor Hazard:

– Document the day of the months and the actions taken to extenuate the hazard

– Document the actions taken when the hazard event occurred ( eventuality program )

– Document any subsequent actions taken

– Incorporate this information into the Risk Response Plan

Refer appendix 1F for the templets.

– Establish systematic reappraisals and schedule them in the undertaking agenda.

– These reappraisals are to guarantee:

– All of the demands of the Risk Management Plan are being implemented

– Buttocks presently defined hazards

– Evaluate effectivity of actions taken

– Status of actions to be taken

– Validate old hazard appraisal ( likeliness and impact )

– Validate old premises

– State new premises

– Identify new hazards

– Hazard Response Tracking

– Communicationss

H. Control Risk:

– Validate extenuation schemes and options.

– Take disciplinary action when existent events occur

– Buttocks impact on the undertaking of actions taken ( $ $ , clip, resources )

– Identify new hazards ensuing from hazard extenuation actions

– Ensure the Undertaking Plan ( including the Risk Management Plan ) is maintained

– Ensure alteration control addresses hazards associated with the proposed alteration

– Revision the Risk Assessment Questionnaire and other hazard direction paperss to capture consequences of extenuation actions.

– Revision Hazard Response Plan

– Communicationss

4.

8. Premises

Merely the undertaking related hazards are considered, the corporate issues, economic system hazards are non considered.

Separate hazard direction program is to be prepared for Occupational Health, Safety & A ; Environment as per IS14000 & A ; 18000.The other important premises to be mentioned if any.

The application of the hazard direction program is merely limited to the building work

The aim behind hazard direction exercising is to implement a program for a new undertaking where as for thesis intent I have taken a old, ongoing undertaking which gives realistic image of holds happened so far and helps in analysis.

×

Hi there, would you like to get such a paper? How about receiving a customized one? Check it out