COVER PAGE
SUMMARY RISK REPORT
Name: Charles Cunningham
Date: Apr 13, 2014
Course: PROJ420
Project Name: Cunningham Tiny House Project
EXECUTIVE SUMMARY
This report discusses the risk analysis process and results for the Cunningham Small House Project. This small house project is located on the Eastern Shore of Maryland along the Chesapeake Bay. A risk analysis was performed to study project elements that could have an impact on the project cost and schedule. The analysis measures these possible impacts and allows an opportunity to identify a strategy against said risk, such as accept, mitigate, avoid, etc.
The small house movement is a popular description for the architectural and social movement that advocates living
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CONCLUSIONS AND RECOMMENDATIONS
In conclusion, building a tiny home does come with some identified potential risk. I have determined which risks are a major threat to the project and those that could be overlooked. Keeping an open line of communication is one of the key factors in keeping the risk to a minimum. With a construction project of this size I do not foresee any MAJOR risk that could or would be detrimental to the project itself.
It is my recommendation that we press forward with the project at the pace and plan that was previously put in place.
APPENDICES
COMPLETE RISK REGISTER
STAKEHOLDER ANALYSIS
RISK BREAKDOWN STRUCTURE
COMPLETE RISK REGISTER ID | Risk Event | Probability | Impact | Risk Strategy | Risk Response | 1 | The complexity of the project is more than I can take on | Medium | High | - Keeping open communications between my wife and I as to what it is we want/need and or desire in our tiny home and setting boundries and guidelines. | - If we do not set limits then the Project could for sure get beyond what we started with and it could become much bigger than we wanted. | 2 | Physical Resources are not available | Medium | Medium | - Before the project begins a list is compiled of items needed, wanted, desired. As well as blue prints. | - Keeping track (list) of items required as well as items wanted will help in the search for those items. Purchasing items as you find them is key to success. | 3 | We don't have the finances
Working to understand the risks a project may endure along with the cost associated is critical in every project management plan. Understanding potential risks based on the project type, resources needed, timeline and budget still leaves gaps that creates uncertainty for actually predicating the outcome of the project. There is not a true way to predict when and where a project risk will occur but designing a plan to properly address and manage those risks will increase confidence while eliminating the element of surprise.
It is said that “the tiny house on wheels expands economic freedom to geographic freedom in that people can take it with them if they decide to move across the country.” This home becomes a convenient way of living for those who love the on-the-go lifestyle. The interior design of these homes also plays a huge roll in the mobility of them. The purpose of these homes is to "carve out all the unusable space and make sure all the space offered is usable, maybe for several different purposes" (Gillette). Tiny home contractors have innovative ideas that combine several functions into one appliance. These inventions offer a unforgettable living experience to tiny home buyers offering installations such as: "well-placed skylights, tables that turn into beds, stacked drawers that double as stairs" ("Teeny House, Big Life"). The average person is able to live in these houses without lacking the everyday necessities. Tiny home transform the focus of life to a self-reliant, simplistic lifestyle. Along with the extremely suitable mobility of these homes, many civilians claim that "living low-rent (or with a micro-mortgage) is a definite draw."
Xander L. is a 17-year-old African American male and documented gang member. His prior juvenile adjudications include purse snatching, breaking and entering, and drug possession. His first juvenile adjudication occurred when he was 13 years old. He has served a year of custody in the juvenile correctional facility and has been placed on probation twice
| Major risks that hinder the success of the project are based around the timeline. All micro projects and milestones are consecutive to each other. The largest variable within risk mitigation is the exterior construction. Risks can include but limited to: varance permits, weather, protesting, funds allocation, war, loss of materials, and human hazards and lawsuits/safety
This is the core of any project plan used to communicate what tasks are needed and the order of sequence to be done to meet deadlines and deliverables.
The use of pesticides is an important decision that thousands of communities face each year. Nobody likes dealing with mosquitos and the diseases they bring so using chemicals and pesticides is an option but with other consequences. Mosquitos carry West Nile Virus that affects the city of Genericville every year with 50 cases projected this year in the city and two fatalities as well. On the other hand, the chemicals proposed for controlling the mosquito population has its own risks. The pesticide Malathion is also dangerous to people if they come in contact with it before it degrades. The potential for citizens of the city being exposed is almost a certainty
The following 5 risks have been identified as being material to the project. Listed is a detailed analysis of those risks.
Not meeting the five-month time estimate is another risk that may be encountered. Lack of labor and equipment might be a problem because other houses are to be built. It will be advisable to evaluate the sequence in which these building activities will occur, and distribute resources evenly across each house. Silver Fiddle could apply Heuristics, or the rules of thumb to create a framework work for allocating resources in such a situation. A contingency plan will be to lease or hire additional equipment to augment the ones the company already has.
This part of the project is a continuation of Project Part 1 where you prepared an RA plan and a risk
I have always fantasized about buying a brand new home, so to monitor the risks involved will make my purchase a good decision and a pleasant experience. I will create a risk register database for monitoring the risk management process within my decision to buy the home. It lists the investment risks and references the associated risk action plans.
As I entered the worksite, I was greeted by Sharon Sweeting. She and I spoke about the upcoming reflection for the participant Quadeer Jackman. I also let her know that the evaluations are due in a few weeks for the participant. After we finished, I began my assessment to see if there were any hazards that would pose a health risk to the participant placed at this site. As I walked around the house I noticed that it had one bathroom in the first floor and a few in the upstairs; all of which were clean and organized. The kitchen had windows and an entrance to the basement. The kitchen was clean and hazard free. The participant mostly works in the first floor, the space which he works seems clean and does not appear to have any hazards. There
Second, micro homes, known by many as Tiny Homes, are homes considered to be under 500 square feet. Banks won 't finance tiny houses––any house smaller than four hundred square feet is difficult to mortgage––and, in addition to being tricky to occupy legally, the houses are excluded from many R.V. parks because they 're too tall (Wilkinson, A. 2011). All Micro Homes are designed the way a normal family home would be designed. A Micro Home has the necessities such as: A bathroom, a kitchen, a bedroom, and a living room. The households are mainly built for single individuals who are just starting off on their own, does not want to live in a fancy home, or a person who is unable to be
Cost of risk is a concept many construction companies have never thought about despite the fact that it is one of the
In building and construction, there are risks associated with estimating a home building project. These risks in construction are all the same across the board regardless the construction. Therefore, a home building projects is confronted with the same risks as any other project in the construction industry. The risks involved are such as; project management risks. The project management risks are mainly because of improper schedule. The improper schedule may be caused by poor allocation of time
Are Tiny Houses a key to Nantucket's housing shortfall? Many believe tiny houses are the solution to Nantucket's shortage of homes. While the opponents would suggest tiny homes will make Nantucket look like a trailer park. Though that may not be the case, a few modifications onto the house and it could look like a cottage. The best solution for this crisis are tiny houses because they provide a home that anyone can build and because of not having a mortgage and the mobility it provides. .