The goal of the final project is to select a major project and then to create and detail a risk management plan that would support a major construction project. The final deliverable will consist of a fully formed risk management plan that would support such a construction project.
Course Project Samples
Course Project Part I
Select from one of the following major projects:
Construction of the Empire State Building
Construction of Centennial Olympic Park in Atlanta
Construction of the Panama Canal
Deployment of a deep water oil rig (such as the Deepwater Horizon)
Assembly of the International Space Station
Launch of the Spirit and Opportunity Mars Rovers
Identification of the Human Genome Project
Development of the Boeing 787 Dreamliner
Create a two fault or event trees (or one of each) that would support the exploration of risk for one of the above major construction projects (See Chapter 17, pages 216-220). The fault or event tree should offer at a minimum a listing of potential risks and impacts in the event of two smaller failures. For example, a smaller failure could be the loss of water pressure or a fire in a construction project rather than examining what risk was involved with the collapse of the construction project.
Write a discussion of risks that supports the fault trees that have been created. Make a separate write up for each of these smaller risks (Review Chapter 27, pages 357-369 for risks and treatments). Your paper should have a general introduction that should introduce the two fault or event trees that will be discussed and then the paper should have a discussion regarding each fault or event tree. The discussion write up regarding the identified risks should be from 3-5 pages in length. Note that this page length is a guideline and if you find that your paper supporting the risk tree is longer, there will be no penalty as the final assignment will need to be from 15-20 pages in length.
Sample outline of typical course project paper part I
Title Page
Introduction
Fault Tree One
Discussion of Fault Tree One
Fault Tree Two
Discussion of Fault Tree Two
Conclusions
Works cited
Course Project Part II
Building upon the first part of the course project, consider that you are an appointed contractor to construct your chosen project. At this time, you will need to address and explain the following:
1. Identify sources of risk, including any issues that may impede or impair the completion of the project (See Chapter 9, page 103, Review Chapter 10 for examples and lists of potential project risks).
2. Given the sources of risk in the point above, offer details regarding the systems that the contractor should have in place in order to avoid the identified risks (See Chapter 9, page 103-104, Review Chapter 10 for examples and risk treatment options).
3. Create a fault tree that will discuss the risks associated with the catastrophic failure of the project (either during construction or after completion). Create a write up for this type of failure and address how these risks can be avoided, mitigated or otherwise reduced. (Review Chapter 27 for listings of risks and treatments)
The paper could also include any other risk worksheets, tables, charts or diagrams that would support any of these concepts or ideas. Do not limit yourself to just what is in the text or course as there is a wealth of information regarding risk and risk treatment available in the library.
Sample outline of typical course project paper part I
Title Page
Table of Contents
Introduction
Sources of construction project risk
Timeline
Costs
Disruptions
Force majeure
Systems to address construction project risk
Technology
People
Planning
Catastrophic failure fault tree
Discussion of fault tree
Reduce risks
Mitigate risks
Avoid risks
Course Project Part I (blend in the smaller risks after the catastrophic risk, except conclusion)
Risk tables, charts, sheets
Conclusions (blend in conclusions from course project part I)
Works cited
The purpose of an introduction or opening:
1. Introduce the subject and why the subject is important.
2. Preview the main ideas and the order in which they will be covered.
3. Establish a tone of the document.
Include in the introduction a reason for the audience to read the paper. Also, include an overview of what you are going to cover in your paper and the importance of the material. (This should include or introduce the questions you are asked to answer on each assignment.)
Body of Your Report - Use a header titled with the name of your project. Example: œThe Development of Hotel X - A World Class Resort. Then proceed to break out the main ideas. State the main ideas, state major points in each idea, provide evidence. Break out each main idea you will use in the body of your paper. Show some type of division like separate sections that are labeled; separate group of paragraphs; or headers. You would include the information you found during your research and investigation.
Summary and Conclusion - Summarizing is similar to paraphrasing but presents the gist of the material in fewer words than the original. An effective summary identifies the main ideas and major support points from the body of your report. Minor details are left out. Summarize the benefits of the ideas and how they affect the tourism industry.
Work Cited - Use the citation format as specified in the Syllabus.
Three Step Process - Apply a three step process of writing¦ Plan, Write, and Complete.
Outline - Prepare an outline of your research paper before you go forward.
Start with a Draft - Complete a first draft and then go back to edit, evaluate, and make any changes required.
Visuals - Use visual communication to further clarify and support the written part of your report. You could use risk charts or tables, example graphs, diagrams, photographs, flowcharts, maps, drawings, animation, video clips, pictograms, tables, and Gantt charts.