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    Identify the risk, the impact, expected outcome

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    The course is Corporate Risk management.

    1) I have to make a risk register but I only need help with the risk description: the expected outcome, and mitigation for the risk listed at the project level.

    Scenario:

    Mr. Pender is particularly interest in using the Amalgamated Power Company contract as the project level, since all SBUs of the company are involved and the contract worth $158,750,000.00 is by far the largest contract Justine and Early have ever entered into.

    At the project level Justine and Early is most concerned with the following risks:

    Site License issues
    Work permits issues
    Environmental impact
    Training of project workers
    Infrastructure issues
    Project HQ work areas
    Vendor and supplier issues
    Telecom issues
    Coordination with Corporate and SBU
    Workers Compensation costs and losses
    Work Force Limitations
    EPA/OSHA regulatory issues

    The company is divided into three strategic Business Units

    Road and Bridge
    Power Plants

    Each of these will be working on the Amalgamated Power Company project contract.

    2) I just need help with the identification of the risk; the expected outcome ; and the mitigation at the Project Level. At the project level the project managers at Justine and Early are most concerned with the following risks:

    Personnel
    Licenses
    Permits
    Environmental impact
    Fines
    Work delays

    © BrainMass Inc. brainmass.com June 4, 2020, 2:01 am ad1c9bdddf
    https://brainmass.com/business/project-management/identify-the-risk-the-impact-expected-outcome-432957

    Solution Summary

    Mr. Pender is particularly interest in using the Amalgamated Power Company contract as the project level, since all SBUs of the company are involved and the contract worth $158,750,000.00 is by far the largest contract Justine and Early have ever entered into.

    At the project level Justine and Early is most concerned with the following risks:

    Site License issues
    Work permits issues
    Environmental impact
    Training of project workers
    Infrastructure issues
    Project HQ work areas
    Vendor and supplier issues
    Telecom issues
    Coordination with Corporate and SBU
    Workers Compensation costs and losses
    Work Force Limitations
    EPA/OSHA regulatory issues

    $2.19

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