I need help to prepare a Risk Management Plan

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I need help to prepare a Risk Management Plan. To include the followings 1. Risk Identification (Identify sources of risks) 2. Risk Assessment ( Impact,likelihood,controllability) 3. Risk Response Development (strategy to reduce damage, contingency plan) 4.Risk Response control (include only a brief change control management process)

Project Scope

 

1. Project Objective

            To construct a high-quality, mixed-use high-rise with multi-level parking below ground within eighteen months at a cost not to exceed $162m in Midtown Houston, TX.

2. Product Scope Description

            A 12-story finished high-rise with floors one and two to accommodate high-end shops, cafes and markets, floors three through eight to accommodate business offices including one floor for shared short-term use office space for residential tenants, the eighth floor to be divided for residential amenities, and floors nine through twelve to be finished residential condominiums.  The rooftop will be a park-like setting for residential tenants.  Each floor to be 20,000 square feet for a total of 240,000 square feet.  Additionally, a multi-level parking structure of three-levels below ground for a total of 60,000 square feet.

3. Justification

            While firms are beginning to encourage employees to return to the office, many are re-inventing what “going to the office” looks like.  Some are shifting to a more mixed approach of home office vs company office.  To meet the needs of this hybrid office, this mixed-use building encompasses the upscale living with the amenities of fully supplied office and business concierge.  The high-rise will include shops, cafes, and markets on the lower floors, offices on the mid-floors, “home offices” available to residential tenants on the eighth floor, and upscale urban living condominiums on the upper floors.  The rooftop park for residents will provide a refreshing place to entertain and play.  This concept of “live where they work without working where you live” meets the needs of the new executive.

4. Deliverables

1. Program of Requirements
2. Schematic Design: Preliminary Drawings
3. Design Development: Specifications Book and Updated Cost Estimate
4. Construction: Construction Drawings and Specifications

1. Floor Plans
2. Schedules and Wall Types
3. Electrical Drawings
4. Mechanical Drawings
5. Technology Drawings
6. Specialty Consultant Drawings

5. Construction Administration
   1. Progress Photos
   2. Field Reports 

5. Milestones

• Secure Funding:  03/01/2022
• Acquire a Site:  05/15/2022
• Conceptual Design:   06/15/2022
• Schematic Design:   08/31/2022
• Design Development:   11/31/2022
• Construction Documents:   02/31/2022
• Construction Complete:   05/31/2023
• Testing Commissioning and Final Sign-off:   06/31/2023

 

6. Technical Requirements

The following will meet or exceed all current Houston and Texas permit and coding requirements.

1. Foundation

2. Structural

3. Fire

4. Plumbing
5. Electrical
6. Environmental
7. Acoustics

7. Limits and Exclusions

1. Costs and Work Arising from ‘Acts of God’
2. Unexpected Hazardous Material Removal
3. Damages and Penalties for Delays
4. Unforeseen / Concealed Site Conditions
5. Overtime / Off-Hours Work
6. Multiple Mobilizations / Demobilizations
7. Warranties for Work That’s Not Ours
8. Fixing Damage to Finished Work Not Contracted by Us
9. Increased Insurance, P&P Bond, Etc.
10. Any / All Work Not Indicated on Project Plans

 

REFERENCES

 

COST

If you’re building a single-story office space in the US, your average cost per square foot will be around $313. Constructing a mid-rise office building will cost an average of $562 per square foot. High-rise buildings cost an average of $660 per square foot to build.

As you can imagine, the finishes in hotels can vary throughout the nation, driving a significant range of cost per square foot. However, building a three-star hotel in the US costs an average of $478 per square foot. A five-star hotel costs an average of $691 per square foot to build.

 

Note:  I assumed a rate of $675/sq foot * 20,000 sq ft per floor * 12 floors = $162m

 

Reference:  https://www.levelset.com/blog/commercial-construction-cost-per-square-foot/#Commercial_office_space

 

Reference:  https://www.asd-usa.com/blog/architectural-design-phases/

 

DELIVERABLES

Reference:  https://www.teamwork.com/blog/project-deliverables/?source_category=PPC&source_detail=P_Max&ad_campaign=weekdays_n_america&utm_medium=cpc&utm_source=google&gclid=CjwKCAiAnO2MBhApEiwA8q0HYaV_7u69Z6IyaE8L7ZuRJ7LG-wfbNiJjlb3ilEux844E1Yy7JH4bLhoCuiAQAvD_BwE

 

Reference: https://www.asd-usa.com/blog/architectural-design-phases/

 

MILESTONES

Reference: https://www.saviom.com/blog/what-are-project-milestones-and-why-is-it-important/

 

*Reference: https://static1.squarespace.com/static/5e0f65245425f3307a8ba190/t/5ec652bcc1e61140b312c417/1590055620520/CFR_WP-ConstructionMilestones.pdf

 

 

TECHNICAL REQUIREMENTS

Reference: https://specsandcodes.typepad.com/the_code_corner/high-rise/

Reference: https://www.schooleycaldwell.com/blog/high-rise-code-issues

Reference:  https://www.britannica.com/technology/construction/High-rise-buildings

 

EXCLUSIONS:

Reference: https://solvepmproblems.com/10-items-exclude-from-construction-bids-proposals-contracts/