Hello, my name is Sujan Neupane.

I
will be explaining the remaining risks
associated to the project,,,which are
Construction Risks and Time Risk.
Construction risks are those risks
which may be encountered during the
construction phase of the building.
They are divided in to two parts, risks
associated with foundation and those
with super structure. Risks in
foundation may involve appearance of
ground water through seepage during
excavation works. There may occur
settlement of the foundation walls due
to loose soil. Since the project area
lies in an earthquake prone area, we
may have to consider the risk of
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liquefaction as well. Liquefaction is a
process in which the shaking of the
earth converts the saturated soil into
suspension which in turn collapses the
building built on that land.
Furthermore, the foundation may fail
due to its inadequate load bearing
capacity.
These foundation construction risks
can be mitigated in accordance to the
nature of the risk. The ground water
appearance will be controlled by using
the dewatering technique in which
water is pumped out of the trenches.
For liquefaction and settlement
problems, proper compaction of soil
will be done such that maximum air
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voids will escape. In addition to these,
proper attention will be give during
the design of foundation to prevent
other risks associated with it.
The other risk is construction risk
associated with superstructure. The
risks identified are the appearance of
cracks and holes in the beams and
frames, bulging of the structural
elements due to bad formwork. Other
risks include unaligned structural
members for eg. frame being non-
vertical and beam being non-
horizontal. To mitigate these risks,
concrete will be proportioned
properly, sufficient soil compaction
will be done, formwork will be placed
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accurately, water will be adequately
provided throughout the curing period,
and tests will be conducted regularly
to ensure that the works are in
accordance to the code specification.
Overall, the construction works will
be supervised and controlled
throughout the project to mitigate the
construction risk.
Moving on to the next slide, the next
risk involved in the project is time
risk. It involves risk of delay in
various activities of the project and
delay in supply of resources which
ultimately increases the project time
and the cost of the project.

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To mitigate the risks associated with
time, proper planning for time
management of each activity was done
prior to the start of construction work.
The time control will be done by site
engineers and inspected by
supervisors on a regular basis. Critical
activities like framework construction
and foundations works will be done
without any delays as this may
increase the duration of the project.
Evaluation Value Analysis will be
done regularly to determine if the
project is behind the schedule or ahead
of schedule and the project will be
brought back on track.

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All the risks are analyzed and rated
with respect to the difficulty we might
face during mitigation. The high risks
were found to be those associated with
quality, construction and earthquake
as they are difficult to mitigate, needs
more resources and have higher
impact on the project. Those with
medium rating are risks associated
with resources, health and safety,
technological and time risk as they can
be somewhat mitigated if carefully
considered and controlled. Weather
risks are kept under low rating as these
can be avoided by proper scheduling
with overview of weather forecast and
planned in accordance.
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In conclusion, it can be said that the
overall project is carried out to
construct a three storeys RCC frame,
residential, earthquake resistant
building with 5 rooms in each floor.
The project was estimated to cost
around 432,000 AUD and it started
from May 13, 2019 and estimated to
end on March 26, 2019 taking around
319 days. All the risks associated to
the projects are propely identified,
analyzed, rated and the mitigation
measures are planned.

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