a global risk framework

a global risk framework

While preparing a presentation on design risk management for the Institution of Structural Engineers I came across the following global risk framework which I thought was worth sharing in its entirety:

The US Department of Transportation (2006) adopts the following risk organisation structure (best viewed on desktop):

Technical risks Design process Owner involvement in design
Inadequate and incomplete design
Change in seismic criteria
Errors in completion of structural / geotechnical / foundation design
Wrong selection of materials
External data errors (traffic demand, water consumption demand, etc.)
Need for design exceptions
Construction risks Inaccurate contract time estimates
Construction procedures
Construction occupational safety
Work permissions
Utilities
Late surveys, incomplete or wrong
Delayed deliveries and disruptions
Worker and site safety
Innovative projects
Unsuitable equipment and materials
Environmental risks (such as projects close to a river, floodplain, coastal zone, high habitat sensitivity, and so on)
Environmental factors Environmental analysis incomplete or wrong
Offsite and onsite wetlands
Hazardous waste, preliminary site investigation wrong
Lack of specialised staff (biology, anthropology archaeology, etc)
Inaccurate assumptions on technical issues in the planning stage
Fact sheet requirements (exception to standards)
External risks Contractual relations Landowners unwilling to sell
Priorities change on existing program
Funding changes for fiscal year
Stakeholders request late changes(
New stakeholders
Additional needs requested by stakeholders
New information required for permits
Inconsistent costs, time, scope, and quality objectives
Permits and licences
Force majeure factors Political factors change (political interference)
Political climate
Economic instability
Market conditions
Exchange rate fluctuation
Public safety regulation
Social factors Local communities pose objections
Environmental factors Environmental regulations change
Water quality issues
New information required for permits
Environmental impact statement required
Historic site, endangered species, or wetlands present
Pressure to compress the environmental schedule
Organisational risks Inexperienced staff assigned
Losing critical staff at crucial points of the project
Insufficient time to plan
Unanticipated project manager workload
Not enough time to plan
Priorities change on existing program
Inconsistent cost, time, scope, and quality objectives
Project management risks Project purpose definition, needs, objectives, costs, deliverables are poorly defined or understood
No control over staff priorities
Too many projects
Consultant or contractor delays
Estimating and/or scheduling errors
Communication breakdown with project team
Lack of coordination / communication
Inexperienced workforce / inadequate staff / resource availability