Course Project Part I
Select from one of the following major projects:
Create two fault or event trees (or one of each) that would support the exploration of risk for one of the above major construction projects (See Chapter 17, pages 216-220). The fault or event tree should offer at a minimum a listing of potential risks and impacts in the event of two smaller failures. For example, a smaller failure could be the loss of water pressure or a fire in a construction project rather than examining what risk was involved with the collapse of the construction project.
Write a discussion of risks that supports the fault trees that have been created. Make a separate write up for each of these smaller risks (Review Chapter 27, pages 357-369 for risks and treatments). Your paper should have a general introduction that should introduce the two fault or event trees that will be discussed and then the paper should have a discussion regarding each fault or event tree. The discussion write up regarding the identified risks should be from 3-5 pages in length. Note that this page length is a guideline and if you find that your paper supporting the risk tree is longer, there will be no penalty as the final assignment will need to be from 15-20 pages in length.
Sample outline of typical course project paper part I
Building upon the first part of the course project, consider that you are an appointed contractor to construct your chosen project. At this time, you will need to address and explain the following:
1. Identify sources of risk, including any issues that may impede or impair the completion of the project (See Chapter 9, page 103, Review Chapter 10 for examples and lists of potential project risks).
2. Given the sources of risk in the point above, offer details regarding the systems that the contractor should have in place in order to avoid the identified risks (See Chapter 9, page 103-104, Review Chapter 10 for examples and risk treatment options).
3. Create a fault tree that will discuss the risks associated with the catastrophic failure of the project (either during construction or after completion). Create a write up for this type of failure and address how these risks can be avoided, mitigated or otherwise reduced. (Review Chapter 27 for listings of risks and treatments)
The paper could also include any other risk worksheets, tables, charts or diagrams that would support any of these concepts or ideas. Do not limit yourself to just what is in the text or course as there is a wealth of information regarding risk and risk treatment available in the library.
Sample outline of typical course project paper part II