Rsk80006: Risk Management- Swinburne Assessment Answer

1HAIE

Research Paper Writing Assignment:

Task:

Loosemore et al 2006 (p6) suggested that “it is now more important than ever to think about sharing design information during the planning, construction and operational phases of a facility’s life”. However,  Haimes 2009 (p643) suggests that “Project Life Cycle” is often neglected when considering the management of risks.

PART A

Based on your studies, the readings in this Unit and your research of the literature, prepare a paper (1000 words approx) to describe what is meant by Project Life Cycle and discuss its implications on the effective management of risk.

PART B

You are involved in the design project for a new hybrid passenger vehicle. Consider what risks are likely to be present across the life cycle of the vehicle and develop a plan which describes:

• How you envisage those risks would be managed/controlled, and
• The possible implications of those risk controls for the design team

[ Module 3 comprises the following two book chapters:

Loosemore M., Raftery J., Reilly C. & Higgon D. 2006, Risk Management in Projects, Chapter 1 Risk and Uncertainty in Projects, Taylor and Francis

Zou P. & Sunindijo R. 2015, Strategic Safety Management in Construction and Engineering, Chapter 6 Safety in Design, Risk Management and BIM, John Wiley & Sons

These two readings provide all the supporting information students will need to successfully complete Assignment