RISKS REGISTER.

During the development process of 605-613 Lonsdale Street Project, some major risks
which are identified are:

Safety risk

Environmentally risk

Political risk

Financial risk

Quality risk

Contractual risk

Logistic and financial risk

Communication risk

All of the above identified risks The above risks will need to analyze systematically with
the implementation of risk prevention and avoidance plans.
The levels of risks for above listed major risks are illustrated in the following risk matrix;

Risk items Cause

Impact

likelihood

Emergency Emergency Major

Very
occurrence response
accident possible
procedure
not known Injury or
worse
Physical
Poor safety People
Possible
injury (not
awareness get
waring full
,
injured
PPE)
Negligence or worse

Seve
rity

Risk
Rating

High

Very High

High

High

Risk Treatment
Options

Proper training
and information
need to be
provided to
workers
Proper
supervision
must be taken
to make safe
work assure

Safe work
procedures
not
understood

Not going
to happen
to me
attitude or
negligence

High

High

Trainings and
Workshops
must be held for
awareness

High

High

Inter
medi
ate

Intermediat
e

Very
possible

High

Very High

Proper
supervision
must be taken
to make safe
work assure
All factors must
be considered
in planning
stage
Procurement
plan must be
clearly defined

Possible

High

Intermediat
e

Proper
supervision
must be taken

Poor
project
quality
Dispute
Poor
project
quality

Possible

High

High

Procurement
plan must be
clearly defined

Unlikely

High

Intermediat
e

Real demands
need to be
identified

Design
defects

Poor
Project
supervision pending
or delay

Unlikely

High

High

Proper
supervision
must be taken

Risk of
industrial
pollutions

Poor
environme
ntal
manageme
nt

Very
possible

High

High

Proper
supervision
must be taken
and all laws and
standard must
be followed

Insufficient Over
supervision reliance

An
obstructed
working
site
Constructio
n material
quality
issue

Poor
working
standard

Use of
unsafe
equipment
s

Poor
maintenan
ce
&
Supervisio
n
Corruption,
Insufficient
investigatio
n
Poor
communic
ation,

Employing
irresponsib
le
contractors
Tight
project
schedule

Poor
Procureme
nt

Major
accident

Possible

Inferior
working
standard
Deterior Possible
ation in
Working
standard
s
Inefficie Unlikely
ncy

Major
collapse
Project
delay
Major
accident
Inaccura
cy

Health
threat
Environ
mental
accident
s

Risk of
breach
against
environme
ntal rules
and
regulations

Poor
abidance
to
environme
ntal
regulations

Project
suspens
ion
Project
cancelat
ion
Fines

Very
possible

High

High

All
environmental
laws must be
followed