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Risks Associated with Hilton Surfers Paradise Construction

S No.

Activity

Hazard

Risk Level

Probability

Impact

Consequence

Order Of Magnitude

Person to harm

Risk of new value

 Mitigation procedure

1

 Design associated risk in construction plan

 It mainly causes delay in the project plan

16

Likely

Severe

18%

 $      1,000,000.00

Project

 $  120,000.00

 The design of the construction plan must be created properly so that no design associated risk arises

2

Change in the decision of the stakeholders

The time that is needed for completing the plan exceeds if change in decision of the stakeholders occurs.

19

Likely

Moderate

20%

 $      1,200,000.00

Project and person

 $  320,000.00

  The decision of the stakeholders must not be changed randomly

3

Failure of completing the construction work as per contract

Delay in completing the work of the project plan as per the contract

17

Moderate

Moderate

16%

 $      1,000,000.00

Project

 $  127,000.00

  The construction work must be completed as per the contract so that the entire project will be completed in proper time and budget

4

Public objections

Lack of public awareness causes delay

5

Likely

Minor

12%

 $      1,600,000.00

Project delay

 $  120,000.00

  The problems of the public must be noticed properly so that any issue associated with it can be resolved easily.

5

Improper environmental analysis

Improper analysis of the environment can cause number of accidents

9

Likely

Moderate

8%

 $      1,300,000.00

Public

 $  100,000.00

  The environmental problems related with construction must be analyzed properly so that no environmental related issues occur

6

Change in standards and laws

 The workers or higher authorities will face number of difficulties in managing the work of the project

14

Unlikely

Minor

20%

 $         100,000.00

Public

 $  200,000.00

  The laws and standards must be kept same so that the organizations does not face any problem in completing the project

7

Late delivery of materials

Late delivery of project plan

13

Possible

Moderate

20%

 $      1,000,000.00

Project delay

 $  200,000.00

 The delivery of the materials must be done on time so that the project managers does not face any issue associated with delivery of materials

8

Inexperienced workers

The completion of the project is not completed on proper time

7

Possible

Moderate

12%

 $      1,700,000.00

Project

 $  320,000.00

 Proper experienced workers for the project must be hired so that the project  will be completed on estimated time and budget

9

Improper facility of protection within the site

It can cause death of the workers or workforce

5

Possible

Minor

10%

 $      1,500,000.00

Public

 $  150,000.00

 Proper facility of protection as well as safety of the workers must be provided on site

10

Improper scheduling

Due to improper scheduling, it is quite difficult to complete the entire project on time and budget

8

Unlikely

Significant

11%

 $      1,000,000.00

Project delay

 $  250,000.00

 The project schedule must be created properly so that the entire project will be completed as per the schedule

11

Technology change

The plan of the project got delayed

10

Moderate

Moderate

17%

 $      1,200,000.00

Project delay

 $  320,000.00

 The change in technology can be managed by hiring experienced workers

12

Overrun cost in construction

The budget that is estimated for the project found to be insufficient for completing the project

11

Moderate

Major

12%

 $      1,000,000.00

Project delay

 $  300,000.00

 The budget for the project must be estimated properly so that the project managers does not face nay problem in completing the project

Task Name

Duration

Start

Finish

Predecessors

Construction of high rise building

111 days

Mon 3/5/18

Mon 8/6/18

   Scope definition

57 days

Mon 3/5/18

Tue 5/22/18

      Requesting bid documents

13 days

Mon 3/5/18

Wed 3/21/18

       Receiving bid documents and deciding to plan for bid

12 days

Thu 3/22/18

Fri 4/6/18

2

       Brief bid stakeholders and participants

13 days

Mon 4/9/18

Wed 4/25/18

3

       Site evaluation project visit

10 days

Thu 4/26/18

Wed 5/9/18

4

      Design or construction preparation build strategy

12 days

Thu 4/26/18

Fri 5/11/18

4

      Engineering preparation bid design

9 days

Thu 5/10/18

Tue 5/22/18

5

   Estimation

31 days

Thu 5/10/18

Thu 6/21/18

       Quantity take off and BofQ

14 days

Thu 5/10/18

Tue 5/29/18

5

      Pricing standards for bid

15 days

Thu 5/10/18

Wed 5/30/18

5

      BofQ pricing

12 days

Mon 5/14/18

Tue 5/29/18

6

       Project planning

16 days

Wed 5/23/18

Wed 6/13/18

7

       Project risk assessment

12 days

Wed 5/23/18

Thu 6/7/18

7

       Set allowances and contingency

15 days

Wed 5/30/18

Tue 6/19/18

9

      Preparation of draft bid documents

17 days

Wed 5/30/18

Thu 6/21/18

9

   Review

47 days

Wed 5/30/18

Thu 8/2/18

       Meeting for bid clarification

25 days

Thu 5/31/18

Wed 7/4/18

10

       Reviewing bid with the help of stakeholders

28 days

Wed 5/30/18

Fri 7/6/18

11

      Conversion of draft to final bid

25 days

Thu 6/14/18

Wed 7/18/18

12

      Senior management review

30 days

Fri 6/8/18

Thu 7/19/18

13

       Finalize bid for the review of CEO

32 days

Wed 6/20/18

Thu 8/2/18

14

   Submission

32 days

Fri 6/22/18

Mon 8/6/18

       CEO final review

3 days

Fri 6/22/18

Tue 6/26/18

15

      Finalization of documents for bid submission

2 days

Fri 8/3/18

Mon 8/6/18

16

      Submission of bid by 12 noon

1 day

Thu 7/5/18

Thu 7/5/18

17

Resource Name

Initials

Bid contractor

YOU

Bid production manager

JS

Production assistant

FN

Design engineers

DES

Construction engineers

RP

Contracts

NA

Scheduler

NA

Planning engineer

NPQ

Lead estimator

JB

Estimator

JP

Estimator

DR

Estimator

BS

Clerical support

CEO

Chief executive officer and board

CON

 The client name is ADCO construction and Ashish Reddy is the name of the project manager. It is identified that the clients of construction are Digga Excavations and Wellam Constructions. The high rise building “Hilton Surfers Paradise” is mainly constructed between Orchid Avenue and Surfer Boulevard”. The construction of the building starts on 5th March 2018 and finishes on 6th August 2018. It is identified that the project utilizes Design bid build method. The construction of the building is done in such a way that the stunning towers of the building helps in offering the facility of accommodation.  The Hilton Surfers Paradise not only helps in epitomizing Brookfield capacity for constructing ionic building but also helps in emphasizing the companies to innate capacity for providing solutions which are very much innovative and assist in providing value for money. It is stated by Gapes (2014) that during construction of Hilton Surfers Paradise, the main complexity occurs during the economic downturn in which main provision that is made was to complete the construction of the building on both time and budget while maintaining the quality level. It is found that the curvilinear forms of the building generally reciprocate the nearby ocean but the building was generally designed as well as built as efficiently as possible so that the budget that is required for completing the construction will be minimized. The construction of Hilton Surfers paradise faces number of risks including improper maintenance of the stability of various neighboring building during excavation, simultaneous construction of different work faces as well as operation of machinery at height in a coastal environmental prone. It is opined by Waters (2015) that the problem that is arising due to the construction of Hilton Surfers Paradise can be minimized to some extent if the building construction mainly depends on factory-made elements. The construction of the towers are generally designed for minimizing the time that is required for top-down methodology which generally starts at both the foundation as well as superstructure at the ground level. This procedure generally helps in allowing completion of the building construction in seven month earlier than with the help of various conventional techniques.

The name of the project manager is Ashish Reddy and the client is ADCO construction. It is found that the clients of the construction mainly include Digga Excavations and Wellam Constructions. Brookfield Place is a skyscraper which is mainly located within the Brookfield Place office complex in Perth, Australia. It is mainly considered as one of the second tallest building in Western Australia. It is stated by Cullinane and Harrison (2017) that Brookfield place is one of the premium grade, 45 level towers that generally incorporates the latest design of workplace in which 60,000 square meters is mainly leased with the help of BHP Billiton. Brookfield helps in providing unique heritage retail area for the city that generally helps in offering both foods as well as fashion options. The construction of the building starts on 5th March 2018 and finishes on 6th August 2018 and utilizes Design Bid Build method. It is identified that the site of the Brookfield palace is one of the most famous as well as historical sites whose partial completion by a previous owner is mainly done in the early 90’s. It is considered as one of the significant retail as well as commercial developments that generally help in providing new civic area for the people of Perth. According to Gollagher, Campbell and Bremner (2017) during the building construction number of difficulties as well as problems came into the way which are mainly occurs due to simultaneous construction on multiple work faces, core glass elevators, installation of the k frames and more.  The problems that are associated with the project can be properly resolved or minimized by undertaking proper methods as well as processes. It is opined that in order to minimize the risks associated with construction of Brookfield Palace the first and the most prior thing is to build a team of proper size as well as skill that helps in meeting the demands of the project.

Project Schedule for Bid Preparation

The client name is ADCO construction and Ashish Reddy is the name of the project manager. It is identified that the clients of construction are Digga Excavations and Wellam Constructions. The high rise building “RMIT Swanston” is one of the original tertiary institutions of Australia. The construction of the building starts on 5th March 2018 and finishes on 6th August 2018 and utilizes Design Bid Build method. It is identified that the new Swanston Academic building helps in showcasing the investment of the University for cutting the edges of educational universities. According to Anderson (2016),  the building helps in anticipating future practices which will be helpful in accelerating the adoption of new approaches as well as ideas for teaching, learning as well as other experiences. The building was designed in a way in which high sustainable standard that it was awarded as a Green building Council of Australia. It is identified that the construction of the building creates number of impacts in context to preparation of construction zone, hoardings, access changes, time management plan, noise impacts, safety round campus as well as impacts on the students as well as staffs. It is stated by Woo (2015) that before the renovation of the campus, proper preparation of the campus are made and therefore it is very much important to have interactive timeline lists in the new as well as old facilities in order to track the activities that are delivered. It is identified that the noise that are associated with construction are permitted to carry out works that only occur late.

Alotaibi, A.B. and Mafimisebi, O.P., 2016. Project Management Practice: Redefining Theoretical Challenges in the 21st Century. Project Management,7(1).

Anderson, C., 2016. Transforming RMIT's Swanston library. Incite, 37(1/2), p.20.

Banerjee, B., 2016. Enterprise Risk Management. The MA Journal, 51(3), pp.66-72.

Binder, J., 2016. Global project management: communication, collaboration and management across borders. CRC Press.

Bresnen, M., 2016. Institutional development, divergence and change in the discipline of project management. International Journal of Project Management, 34(2), pp.328-338.

Bromiley, P., McShane, M., Nair, A. and Rustambekov, E., 2015. Enterprise risk management: Review, critique, and research directions. Long range planning, 48(4), pp.265-276.

Cullinane, B. and Harrison, P., 2017. It’s not easy to collaborate, but it’s essential!. The APPEA Journal, 57(2), pp.426-429.

Gapes, M., 2014. Buyers released from off-the-plan contract: A cautionary tale for sales agents. REIQ Journal, (Nov 2014), p.28.

Glendon, A.I., Clarke, S. and McKenna, E., 2016. Human safety and risk management. Crc Press.

Gollagher, M., Campbell, J. and Bremner, A.M., 2017. Collaboration Achieves Effective Waste Management Design at Brookfield Place Perth, Western Australia. Procedia Engineering, 180, pp.1763-1772.

Hornstein, H.A., 2015. The integration of project management and organizational change management is now a necessity. International Journal of Project Management, 33(2), pp.291-298.

McNeil, A.J., Frey, R. and Embrechts, P., 2015. Quantitative risk management: Concepts, techniques and tools. Princeton university press.

Todorovi?, M.L., Petrovi?, D.?., Mihi?, M.M., Obradovi?, V.L. and Bushuyev, S.D., 2015. Project success analysis framework: A knowledge-based approach in project management. International Journal of Project Management, 33(4), pp.772-783.

Turner, R., 2016. Gower handbook of project management. Routledge.

Walker, A., 2015. Project management in construction. John Wiley & Sons.

Waters, M., 2015. The Gold Coast business sector: meeting the environmental challenge. The Gold Coast Transformed: From Wilderness to Urban Ecosystem, p.145.

Whitaker, S., 2016. Foundational Concepts of Project Management. In Pass the PMP® Exam (pp. 1-33). Apress.

Woo, J., 2015. Building as a learning tool: a student-centred POE approach to the Swanston Academic Building (SAB). In ASA 2015: Living and Learning: Research for a Better Built Environment (pp. 477-486). The Architectural Science Association.

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