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Team 1 – Poland’s A2 Motorway. Construction Risks. Construction Risks (Delays, etc.). What are these risks in the project ? Project size and t otal lack of experience Construction Site Risks Legal Risks Phase/Stage Construction. Project Size and Lack of Experience.
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Team 1 – Poland’s A2 Motorway Construction Risks
Construction Risks (Delays, etc.) • What are these risks in the project? • Project sizeand total lack of experience • Construction Site Risks • Legal Risks • Phase/Stage Construction
Project Size and Lack of Experience • Have they been properly identified and addressed? Yes, CFO acknowledged that the project was of an unprecedented size for Poland. • Who bears these risks? All stakeholders including the government • How are they mitigated? Outside consultants and international resources Research similar construction projects
Construction Site Risks • Have they been properly identified and addressed? Yes, project leaders identified the following risks: - Archeological sites - Hazardous waste • Who bears these risks? Construction Company • How are they mitigated? Conducted environmental survey to find large risks Accepted the unknown unknowns
Legal Risks • Have they been properly identified and addressed? Yes, project leaders identified the following risks: - Eminent domain - Environmental – Local Permits • Who bears these risks? Government • How are they mitigated? Government has the power but no specific mitigation strategy
Phase/Stage Construction • Have they been properly identified and addressed? Yes, it has been identified No, it has not been addressed • Who bears these risks? Construction Company and Government • How are they mitigated? Government can pull concession from construction company
Construction Risks (Delays, etc.) • Where would they fall in the heat map (from JPL Case)? • Project size and total lack of experience (3,3) • Construction Site Risks (4,2) • Legal Risks (2,2) • Phase/Stage Construction (4,4)