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Project Management 595

In: Business and Management

Submitted By KelPhyl2012
Words 285
Pages 2
1

2

Introduction:

This paper is about the risks associated with the construction of the Empire State Building. Risk is defined as the probability that an unfavorable outcome will occur. This paper will be addressing the possibilities of fire detection failure in the entire Empire State Building and the root cause of the failure, and also to mitigate the problem. Because of the size of the building and the number of level it is very important for the fire detection to be working perfectly.
- It will also address possibility of power failure and the likely cause of the failure risk associated with the construction of the Empire State Building. Fault tree Analysis will be used to find the out the causes of the failures. The second risk is the possibility of water leakage in the building. Fault tree analysis is used to illustrate the likely problem and the root cause of the problem.

Sources of construction project risk: The project manager will use the budget which was based on the historical data for similar project.
Timeline of any project is very critical. Completing a project within the budget and schedule has always been the goal of a project manager, so for that reason the project manager will set the completion date with the callobration of the stakeholders of the project. The project manager will performing a realistic assessment of the project duration and sequence at the early stage or planning stage of the project. This schedule will be monitored throughout the design and construction.
The project manager and the construction contractor will address any disruption that might popup during the design and construction of the project.
• Timeline
• Costs
•...

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