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What Kind of Precautions shall take before planning a project with uncertain security conditions?

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Question added by sudhakar konatala , Operations Manager , Star Contracting Oil & Gas Co. Ltd.
Date Posted: 2015/07/03
Kaamila Tahseen
by Kaamila Tahseen , Change Management Team Manager , cognizant technology solutions

Risk Management - Few methods/approachs which will help you based on the circumstances are,

Mitigate

Transfer

Avoid

Accept

Exploit

We need first to perform the initial risk concerns by identifying all of the known risks and their harmful effect before going through the project selection phase.

Esteban Obando
by Esteban Obando , New Business Development Consultant , Premier Solutions Inc

The first thing to do is evaluate which would be the worst scenario in order to identify its critical path that allows us to carry out probabilistic work scenarios (P90, P50 and P10) and thus define a possible project planning based on the risk of occurrence.

Ajeet Gupta
by Ajeet Gupta , site manager project manager , Timbmet Door Solutions Pvt. Ltd.

The uncertainity shoulbe studied and defined for the project, which gives the result for precautions to be taken before a project with uncertain security conditions.

sarfaraz mohammed
by sarfaraz mohammed , Project Engineer Industrial Automation , Schneider Electric Systems Saudi Arabia Co. Ltd.

Following precuations must be taken before planning a project:

 

Identify major risks involved in the project.

Optimize Alloccation of resources such as manpower, materials, tools & tackles.

Create a project base line in line with the project scope of works.

Modha  Dilipkumar mohanlal
by Modha Dilipkumar mohanlal , Piping Construction , Reliance Industries

First location visit & identify the risk factors issues. Prepare the safe conditions before the planning.

Shahjahan Sarker
by Shahjahan Sarker , PhD Fellow , Bangladesh Agricultural University, Mymensingh

  1. Thinks before project planning what types of risk may be hamppered to execute the activities
  2. Thinks about the staffs expertise .are they acapable to face the risk to implementing the activities
  3. before project planning need to be ensured the facing capability in the uncertain security place.
  4. Implementation of timing need tobe finalised with the donor agencies.
  5. The organization which is going to be submit the project proposal to any donor agencies need to be clear the terms & conditions
  6. thanks

Md. Shahjahan Sarker

syed rehan afzal
by syed rehan afzal , Project Manager , KONECRANES

Assuming all the pros and cons of uncertainity in a Project is a big challenge but a must for effective work flow . Various precuations are 

1. Types of costs going to be involved (Direct,indirect,variable and fixed ) and their impact until execution and handover of Project

2. Possible risks and their effects in Project

3. Does the company with which you are going to deal  has debts , blacklisted in market , funds issue , their past business and treatment with vendors

4. Your budget and sale target

Bothwell Chidziwa
by Bothwell Chidziwa , Principal Town Planning Officer , Department of Spatial Planning and Development Midlands Gweru Office

The extent of the envisaged losses and how they could be mitigated, recovered or compensated.

ALFRED NGULUBE
by ALFRED NGULUBE , Project Management ,Administrator/ Coordinator

Assessment of Riks has to be done, and rank them,thus finding the probability to occurance, then find out the mangintude of the risk index, thereafter manage or develop the strategy dealing with the risks.

 

Noor rehman
by Noor rehman , Personal Assistant , Establishment Department Civil Secretariat Peshawar

The following Precaution shoud be made clear before commencing any project during uncertainity.

1. The cost Control Problem

2. Project budget

3. Forecasting for Activity Cost Control

4. Control of Project Cash Flows

5. Schedule Control

etc

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