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Project Management Essay

613 words - 3 pages

RISK ASSESSMENT TABLE
JOB RISK ACCESSMENT |
JOB:INSTALLATION OF THREE GEN-SET FOR FIELD BASE LOCATION | Assessed by:OKOLO DANIEL | Date: 17-6-16 |
| Pre-Control | Controls | Post-Control |
TaskMOUNT 1MVA GENERATOR SET | HazardStruck by moving equipment | At RiskSupervisor, personnel and vehicle | Initial severity (IS)4 | Initial likelyhood (IL)3 | Initial Risk (IR)16 | Maintain 25’ distance from moving equipment, enact access control measures. | Residul severity (RS)2 | Residual Likelyhood (RL2) | Residual Risk (RR)4 |
INSTALLING 1MVA SWITCH BOARD | Wrong connection between local council supply and gas ...view middle of the document...

3- Hierarchy of activities- The risk register gives a clearer view of priorities. The item with a higher probability of occurrence and severity receives first attention.
4- Risk Reduction/Contingency- The risk register also consists of risk reduction actions that are designed to reduce the likelihood of the risk occurring and contingency plan that reduces the risk consequences if it occurs.
5- It also assists new team members get acquainted and quickly catch up with the project processes.
Limitation of the Risk Register
6- Limitation – The degree of risk transferred and recorded must be included in the risk register. It is more prevalent in projects that involve consortia. Only very few persons are conversant with the risk in the entire project.
7- Limitation- Qualitative consequences are measured in descriptive ways, they are not quantifiable in the risk register or graded according to severity. The risk factors within qualitative premise are expressed...

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