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209 A Microsoft PowerPoint overview presentation of the risk management process, a set of forms, a complementary Microsoft Excel workbook template, and a template userâs guide are provided to help conduct risk management on relatively simple rapid renewal projects, according to the process described in this guide. All materials are available online at www.trb.org/Main/Blurbs/168369.aspx. These components of the risk management process specifically consider the key relevant performance objectives (i.e., construction cost, schedule and disruption, and postconstruction longevity) and project delivery methods (traditional designâbidâ build and nontraditional designâbuild). They can also be applied to nonrapid renewal projects and can consider a reduced set of project performance objectives for those projects. The PowerPoint overview is intended to be presented by the risk facilitator at the beginning of a risk management workshop to adequately familiarize the participants with the risk management process that will be used throughout that workshop. The forms developed for this guide are ⢠Summary Project Description ⢠Risk Identification (Brainstorming) ⢠Risk Register ⢠Rating Category Definition ⢠Unmitigated Risk Factor Assessment ⢠Risk Reduction Action Identification, Assessment, Evaluation, and Selection ⢠Risk Reduction Implementation Plan C SIMPLIFIED RISK MANAGEMENT OVERVIEW, FORMS, TEMPLATE, AND TEMPLATE USERâS GUIDE
210 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Although the forms can also be used to document the results of calculations (as described in this guide), these calculations are separate and must be done separately. The template (a Microsoft Excel workbook) has been developed that allows users to enter the data directly and then automatically performs the appropriate calcula- tions (as described in this guide) The template is available at www.trb.org/Main/ Blurbs/168369.aspx. It consists of 14 macro-free linked worksheets in a single work- book, highlighting user inputs while hiding and protecting other parts to prevent con- fusion, mistakes, and inadvertent misuse. A rapid renewal risk management planning template userâs guide has been developed, documenting and explaining the various worksheets, and is provided as a separate document as part of the R09 project. Access the template userâs guide at http://onlinepubs.trb.org/onlinepubs/shrp2/SHRP2_ R09ExcelTemplateUsersGuide.pdf.
211 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Summary Project Description/Base Form SHRP2 R09: Guide for Managing Risks for Rapid Renewal Projects (30 June 2010) pg 1 Summary Project Description Brief Project Description: <insert> Project Scope, Strategy/Status, and Key Conditions and Assumptions (identify): ⢠Detailed scope (including alternatives): <insert> ⢠Funding: <insert> ⢠Design: o Design level: <insert> o Structural: <insert> o Geotechnical: <insert> o Drainage: <insert> o Pavement: <insert> o Systems (including lighting and ITS) o Design deviations: <insert> ⢠Environmental: o Environmental documentation: <insert> o Wetlands: <insert> o Streams: <insert> o ESA: <insert> o Floodplain: <insert> o Stormwater: <insert> o Contaminated/hazardous waste: <insert> o Section 106: <insert> o 4(f): <insert> o Permitting (incl 404): <insert> ⢠Right of way and other agreements o Right-of-Way: <insert> o Utilities: <insert> o Railroad: <insert> o Other stakeholders: <insert> ⢠Procurement: o Delivery method: <insert> o Contract packaging: <insert> o Market (general and specialty): <insert> ⢠Construction: o Construction access/restrictions (including seasonal, events, shifts/hours): <insert> o Maintenance of traffic/business: <insert> o Construction phasing: <insert> ⢠Post-construction (âlongevityâ): o O&M: <insert> o Replacement: <insert> Project Schedule (delivery, O&M, replacement â abstracted on next sheet): <summarize major activities/milestones, including discussion of basis and bias/conservatism> Project Cost Estimate (delivery, O&M, replacement â abstracted on next sheet): <summarize major elements and costs, including discussion of basis and bias/conservatism, escalation, NPV for long term, disruption cost, and schedule and longevity value> Project Disruption Estimate (delivery, O&M, replacement â abstracted on next sheet): <summarize major elements and disruption, including discussion of basis and bias/conservatism> Project Tradeoffs (disruption, schedule, longevity): <summarize policy values for combining performance measures> Project Performance Analysis: <summarize project schedule, cost (including inflation), disruption, longevity, and combined performance> Project Schematics (Scope and Flowchart, customized or simplified â see next sheet): <insert>
212 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Su m m ar y Pr oj ec t D es cr ip tio n/ B as e Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 2 Pl an ni ng Sc op in g En vi ro Pr oc , Pr el im De sig n Fi na l De sig n Pr oc ur e- m en t Co ns tr uc - tio n O pe ra - tio ns Re pl ac e- m en t En vi ro Pe rm its RO W , Ut il, R R 4 5 2 3 1 <E > Ti m e ï¨ $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ _/ __ /_ _ __ _/ __ /_ _ __ _/ __ /_ _ No te s: 1, 2, 3 = fu nd in g 4 = pr oj ec t d el iv er y 5 = re pl ac em en t En vi ro Pr oc = En vi ro nm en ta l P ro ce ss Ut il, R R = Ut ilit ie s, Ra ilr oa d No te s: < x> = la g E -l ag (r em ai ni ng ) a fte r f in ish o f R O W F un d to fi ni sh of R O W /U til iti es /R R Tr ad iti on al De sig n/ Bi d/ Bu ild (D /B /B ) B as e C os t: Fi ll in a ct iv ity m ea n un in fla te d co st s ($ m illi on ) d ire ct ly in e ac h ac tiv ity b ox , a nd fo llo w in g in fla tio n fa ct or s: in fla tio n st ar t da te _ __ __ __ ; e ng in ee rin g in fla tio n ra te 1 __ _% /y r, R O W in fla tio n ra te 1 __ _% /y r, co ns tru ct io n in fla tio n ra te 1 __ _% /y r; (n ot e: 1 m ea n av er ag e ra te fr om e sc al at io n st ar t d at e th ro ug h en d of th at p ha se ) B as e D is ru pt io n: Fi ll in a ct iv ity m ea n di sr up tio ns (m illi on lo st -h rs ) i n ea ch a ct iv ity b ox , d is ru pt io n va lu e N P V$ __ __ /h r; Sc he du le T ar ge t D at e: _ __ __ __ _; S ch ed ul e Va lu e: N PV $_ __ m illi on /m o; N et D is co un t R at e: _ __ % /y r; Lo ng ev ity V al ue :N PV $_ __ /lo ng ev ity $; Ex te nd ed O H R at es 2 : pr eC N u ni nf la te d $_ __ m illi on /m o, C N (in cl p en al ty ) u ni nf la te d $_ __ m illi on /m o (n ot e: 2 m ea n av er ag e ra te d ur in g ea ch p ha se , e qu al to s pe ci fic fr ac tio n of a ve ra ge âb ur nâ ra te s du rin g ea ch p ha se ) Pr oj ec t B as e â U se s si m pl ifi ed âs ta nd ar dâ fl ow ch ar ts , w hi ch a re re al ly a pp lic ab le to e ith er tr ad iti on al s in gl e ph as e/ co nt ra ct de si gn /b id /b ui ld p ro cu re m en t o r s in gl e ph as e/ co nt ra ct d es ig n/ bu ild p ro cu re m en t. A m or e de ta ile d, c us to m fl ow ch ar t w ou ld b e ne ed ed fo r b et te r s ch ed ul e an al ys is (e sp ec ia lly fo r m ul ti- ph as e/ co nt ra ct p ro cu re m en t) an d fo r q ua nt ita tiv e ris k an al ys is . Fi ll in th e ap pr op ria te fl ow ch ar t f or th e se le ct ed p ro je ct d el iv er y m et ho d, a nd fi ll in th e ot he r f ac to rs n ot ed a bo ve . C ur re nt D at e/ St at us : _ __ __ __ __ __ __ __ __ __ __ __ __ _ B as e Sc he du le : Fl ow ch ar t de pi ct s se qu en ce o f m aj or p ro je ct a ct iv iti es ( le ft- to -ri gh t, pe r pr ec ed en t ar ro w s) . F ill in r em ai ni ng ac tiv ity d ur at io ns /la gs /fu nd in g m ile st on e da te s di re ct ly in e ac h ac tiv ity b ox .
213 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Su m m ar y Pr oj ec t D es cr ip tio n/ B as e Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 3 B as e C os t: Fi ll in a ct iv ity m ea n un in fla te d co st s ($ m illi on ) d ire ct ly in e ac h ac tiv ity b ox , a nd fo llo w in g in fla tio n fa ct or s: in fla tio n st ar t da te _ __ __ __ ; e ng in ee rin g in fla tio n ra te 1 __ _% /y r, R O W in fla tio n ra te 1 __ _% /y r, co ns tru ct io n in fla tio n ra te 1 __ _% /y r; (n ot e: 1 m ea n av er ag e ra te fr om e sc al at io n st ar t d at e th ro ug h en d of th at p ha se ) B as e D is ru pt io n: F ill in a ct iv ity m ea n di sr up tio ns (m illi on lo st -h rs ) i n ea ch a ct iv ity b ox , d is ru pt io n va lu e N P V$ __ __ /h r; Sc he du le T ar ge t D at e: _ __ __ __ _; S ch ed ul e Va lu e: N PV $_ __ m illi on /m o; N et D is co un t R at e: _ __ % /y r; Lo ng ev ity V al ue : N PV $_ __ /lo ng ev ity $; Ex te nd ed O H R at es 2 : pr eC N u ni nf la te d $_ __ m illi on /m o, C N (i nc l p en al ty ) u ni nf la te d $_ __ m illi on /m o (n ot e: 2 m ea n av er ag e ra te d ur in g ea ch p ha se , e qu al to s pe ci fic fr ac tio n of a ve ra ge âb ur nâ ra te s du rin g ea ch p ha se ) Pr oj ec t B as e â U se s si m pl ifi ed âs ta nd ar dâ fl ow ch ar ts , w hi ch a re re al ly a pp lic ab le to e ith er tr ad iti on al s in gl e ph as e/ co nt ra ct de si gn /b id /b ui ld p ro cu re m en t o r s in gl e ph as e/ co nt ra ct d es ig n/ bu ild p ro cu re m en t. A m or e de ta ile d, c us to m fl ow ch ar t w ou ld b e ne ed ed fo r b et te r s ch ed ul e an al ys is (e sp ec ia lly fo r m ul ti- ph as e/ co nt ra ct p ro cu re m en t) an d fo r q ua nt ita tiv e ris k an al ys is . Fi ll in th e ap pr op ria te fl ow ch ar t f or th e se le ct ed p ro je ct d el iv er y m et ho d, a nd fi ll in th e ot he r f ac to rs n ot ed a bo ve . C ur re nt D at e/ St at us : _ __ __ __ __ __ __ __ __ __ __ __ __ _ B as e Sc he du le : Fl ow ch ar t de pi ct s se qu en ce o f m aj or p ro je ct a ct iv iti es ( le ft- to -ri gh t, pe r pr ec ed en t ar ro w s) . F ill in r em ai ni ng ac tiv ity d ur at io ns /la gs /fu nd in g m ile st on e da te s di re ct ly in e ac h ac tiv ity b ox . A â la g (r em ai ni ng ) f ro m fi ni sh o f E nv iro nm en ta l P er m its to B - la g (r em ai ni ng ) t o fin ish o f P ro cu re m en t C â la g (r em ai ni ng ) f ro m fi ni sh o f E nv iro nm en ta l P er m its to D - la g (r em ai ni ng ) t o fin ish o f R O W /U til /R R G -l ag (n on -o ve rla p) a fte r s ta rt o f F in al D es ig n to st ar t o f C on st ru ct io n an d H -l ag (r em ai ni ng ) a fte r f in ish o f F in al D es ig n to fi ni sh o f C on st ru ct io n I - la g (r em ai ni ng ) a fte r f in ish o f R O W /U til /R R to fi ni sh o f C on st ru ct io n J â la g (r em ai ni ng ) f ro m fi ni sh o f R O W /U til /R R to K - la g (r em ai ni ng ) t o fin ish o f Pr oc ur em en t <D > Pl an ni ng Sc op in g En vi ro Pr oc , Pr el im De sig n D/ B Fi na l De sig n Pr oc ur e- m en t D/ B Co n- st ru ct io n O pe ra - tio ns Re pl ac e- m en t En vi ro Pe rm its RO W , Ut il, R R 4 5 23 1 <E > <J ><K > <F > <H > <G > <A > <C > <B > Ti m e ï¨ $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s $_ __ _M , _ __ _M hr s __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ __ m o __ _/ __ /_ _ __ _/ __ /_ _ __ _/ __ /_ _ No te s: 1, 2, 3 = fu nd in g 4 = pr oj ec t d el iv er y 5 = re pl ac em en t En vi ro Pr oc = En vi ro nm en ta l P ro ce ss Ut il, R R = Ut ilit ie s, Ra ilr oa d No te s: < x> = la g E -l ag (r em ai ni ng ) a fte r f in ish o f R O W F un d to fi ni sh of R O W /U til iti es /R R F -l ag (o ve rla p) fr om fi ni sh o f R O W / U til /R R to s ta rt of C on st ru ct io n <I > De sig n/ Bu ild (D /B )
214 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Su m m ar y Pr oj ec t D es cr ip tio n/ B as e Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 4 A ct iv it y (m as te r li st ) B as e C os t (u ne sc $M ) B as e D is ru pt io n (M -h rs ) B as e D ur at io n (m on th s) La g La be l La g (m os ) B as e Ea rly St ar t D at e B as e Ea rly En d D at e Fl oa t (m on th s) B as e C os t (e sc $M ) P la nn in g A S co pi ng B D es ig n F un di ng P re lim D es ig n/ E nv P ro c C E nv iro nm en ta l P er m its D R O W /U til /R R F un di ng E R O W /U til /R R F Fi na l D es ig n G C on st ru ct io n F un di ng P ro cu re m en t H C on st ru ct io n I su bt ot al O pe ra tio ns J R ep la ce m en t K su bt ot al â lo ng ev ity (N PV $M ) To ta l â co m bi ne d ($ M )
215 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k Id en tif ic at io n Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 1 R is k Id en tif ic at io n (B ra in st or m in g) It em # R is k or O pp or tu ni ty (a dd r ow s a s n ee de d A ct iv ity 1 (C ir cl e O ne ) D es cr ip tio n (p os si bl e no n- âb as eâ sc en ar io (s ) â ca us es a nd c on se qu en ce s) EX AM PL E N ot e: 1 Pr oj ec t a ct iv ity w he n ris k is m os t l ik el y to o cc ur , a nd a fte r w hi ch it is v er y un lik el y to o cc ur . 2 Pr D sn /E nv P r = p re lim in ar y de sig n an d en vi ro nm en ta lp ro ce ss 10 0 La nd ow ne r( s) u nw ill in g to s el l pa rc el < xx x> Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g A dd iti on al r ig ht -o f- w ay n ee de d fo r pr oje ct , as c ur re nt ly d es ig ne d. H ow ev er , cu rr en t ow ne r of n ee de d pr op er ty m ig ht b e un w ill in g to se ll at p ri ce o ff er ed b y D O T, s o th at h av e to p ro ce ed w ith co nd em na tio n, w ith s om e ad di tio na l ad m in c os t bu t es pe ci al ly d el ay to R O W p ro ce ss . Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g
216 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k Id en tif ic at io n Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 2 R is k Id en tif ic at io n (B ra in st or m in g) It em # R is k or O pp or tu ni ty (a dd r ow s a s n ee de d A ct iv ity 1 (C ir cl e O ne ) D es cr ip tio n (p os si bl e no n- âb as eâ sc en ar io (s ) â ca us es a nd c on se qu en ce s) EX AM PL E N ot e: 1 Pr oj ec t a ct iv ity w he n ris k is m os t l ik el y to o cc ur , a nd a fte r w hi ch it is v er y un lik el y to o cc ur . 2 Pr D sn /E nv P r = p re lim in ar y de sig n an d en vi ro nm en ta lp ro ce ss 10 0 La nd ow ne r( s) u nw ill in g to s el l pa rc el < xx x> Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g A dd iti on al r ig ht -o f- w ay n ee de d fo r pr oje ct , as c ur re nt ly d es ig ne d. H ow ev er , cu rr en t ow ne r of n ee de d pr op er ty m ig ht b e un w ill in g to se ll at p ri ce o ff er ed b y D O T, s o th at h av e to p ro ce ed w ith co nd em na tio n, w ith s om e ad di tio na l ad m in c os t bu t es pe ci al ly d el ay to R O W p ro ce ss . Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g
217 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Ri sk R eg ist er F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 1 R is k R eg is te r Ite m R is k or O pp or tu ni ty (b y ca te go ry ) (a dd li ne s w ith la be ls as n ee de d) In iti al Ite m # D es cr ip tio n (p os si bl e no n- âb as eâ sc en ar io (s ) â ca us es a nd c on se qu en ce s) PL Pl an ni ng R is ks PL 1 PL 2 PL 3 SC Sc op in g R is ks SC 1 SC 2 SC 3 SC 4 PD Pr el im D es ig n / E nv iro P ro ce ss R is ks PD 1 PD 2 PD 3 PD 4 PD 5 PD 6 EP En vi ro nm en ta l P er m its R is ks EP 1 EP 2 EP 3 R U R O W /U til ity /R R /e tc R is ks R U 1 R U 2 R U 3 R U 4 FD Fi na l D es ig n R is ks FD 1 FD 2 FD 3 FD 4
218 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Ri sk R eg ist er F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 2 R is k R eg is te r Ite m R is k or O pp or tu ni ty (b y ca te go ry ) (a dd li ne s w ith la be ls as n ee de d) In iti al Ite m # D es cr ip tio n (p os si bl e no n- âb as eâ sc en ar io (s ) â ca us es a nd c on se qu en ce s) C P Pr oc ur em en t R is ks C P1 C P2 C P3 C P4 C P5 C N C on st ru ct io n R is ks C N 1 C N 2 C N 3 C N 4 C N 5 C N 6 C N 7 C N 8 C N 9 C N 10 O M O pe ra tio ns R is ks O M 1 O M 2 O M 3 R P R ep la ce m en t R is ks R P1 R P2 R P3 FN Fu nd in g R is ks FN 1 FN 2 FN 3 N ot e: T ra ns fe r r isk s f ro m R isk ID F or m (b ra in st or m in g) to a pp ro pr ia te c at eg or y. E di t t o be c om pr eh en siv e/ no no ve rla pp in g. S ee c he ck lis ts .
219 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Ra tin g Ca te go ry D ef in iti on F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 1 R at in g C at eg or y D ef in iti on R at in g Im pa ct s i fE ve nt O cc ur s Pr ob ab ili ty o f E ve nt O cc ur ri ng (0 =i m po ss ib le to 1= gu ar an te ed ) Se ve ri ty (e qu iv al en ti nf la te d $ m ill io n) C ha ng e to A ff ec te d A ct iv ity D ir ec t C os t $ (u ni nf la te d $ m ill io n) C ha ng e to A ff ec te d A ct iv ity D ur at io n T (m on th s) C ha ng e to A ff ec te d A ct iv ity D is ru pt io n D (m ill io n pe rs on - ho ur s l os t) Lo w e nd of r an ge H ig h en d of r an ge Lo w e nd of r an ge H ig h en d of r an ge Lo w e nd of r an ge H ig h en d of r an ge Lo w e nd of r an ge H ig h en d of r an ge Lo w e nd of r an ge H ig h en d of r an ge V H +2 5% >+ 25 % +1 2 >+ 12 +2 5% >+ 25 % 0. 7 (2 :3 ) 1. 0 (1 :1 ) +2 5% >+ 25 % H +1 0% ï£ +4 ï£ +1 0% ï£ 0. 4 (2 :5 ) ï£ +1 0% ï£ M +3 % ï£ +1 ï£ +3 % ï£ 0. 2 (1 :5 ) ï£ +3 % ï£ L +1 % ï£ +0 .2 ï£ +1 % ï£ 0. 05 (1 :2 0) ï£ +1 % ï£ V L 0 ï£ 0 ï£ 0 ï£ 0. 0 (0 :1 ) ï£ 0 ï£ -V L -1 % ï£ -0 .2 ï£ -1 % ï£ -1 % ï£ -L -3 % ï£ -1 ï£ -3 % ï£ -3 % ï£ -M -1 0% ï£ -4 ï£ -1 0% ï£ -1 0% ï£ -H -2 5% ï£ -1 2 ï£ -2 5% ï£ -2 5% ï£ -V H <- 25 % ï£ <- 12 ï£ <- 25 % ï£ <- 25 % ï£ B as e $_ __ __ __ _ __ __ __ __ _M hr s $_ __ __ __ __ _ N ot e: C an e xp re ss v al ue s d ire ct ly (e .g ., de fa ul t v al ue s a re sh ow n fo r p ro ba bi lit y of e ve nt o cc ur rin g) o r a s % o f b as e va lu e (e .g ., de fa ul t va lu es a re sh ow n fo r d ire ct c os t a s % o f t ot al u ni nf la te d ba se c os t t hr ou gh c on st ru ct io n, fo r d is ru pt io n as % o f t ot al b as e di sr up tio n th ro ug h co ns tru ct io n, a nd fo r s ev er ity a s % o f c om bi ne d pr oj ec t p er fo rm an ce . H ig h en d of o ne ra ng e is sa m e as lo w e nd o f n ex t h ig he r ra ng e (a s i nd ic at ed b y ar ro w s) , a nd d oe s n ot n ee d to b e re pe at ed . D ef au lt va lu es c an b e ov er -ri dd en .
220 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS U nm iti ga te d R is k Fa ct or A ss es sm en t F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (1 7 M ay 20 10 ) pg 1 U nm iti ga te d R is k Fa ct or A ss es sm en t Item R is k or O pp or tu ni ty (f ro m R is k R eg is te r by it em #) (a dd r ow s as n ee de d) A ss es se d Pr ob ab ili ty o f O cc ur re nc e (0 to 1 , Uo rU ra tin g* ) A ss es se d Im pa ct s ( UifU oc cu r) (* ra tin gs a s d ef in ed b y ra ng e ca te go ri es â de fa ul ts sh ow n) C al cu la te d1 M ea n D ir ec t C os t C ha ng e $ to A ct iv ity (u ni nf la te d $M , Uo rU ra tin g* ) A ct iv ity $ A ff ec te d (c ir cl e) M ea n D ur at io n C ha ng e T to A ct iv ity (m on th s, Uor U ra tin g* ) A ct iv ity T A ff ec te d (c ir cl e) M ea n D isr up tio n C ha ng e D to A ct iv ity (M m an - hr s, Uor U ra tin g* ) A ct iv ity D A ff ec te d (c ir cl e) Se ve ri ty (e qu iv al en t in fla te d $M , Uo rU ra tin g* ) Rank EX AM PL E (s ho w in g m ea n va lu es a nd ra tin gs )N ot e: 1 C on sid er s e xt en de d O H s, in fla tio n, a nd v al ue s o f s ch ed ul e an d di sr up tio n 2 Pr D sn /E nv P r = p re lim in ar y de si gn an d en vi ro nm en ta lp ro ce ss RUi La nd ow ne r( s) un w ill in g to s el l pa rc el < xx x> 0. 5 +$ 0. 5M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 +2 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 0 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 +$ 0. 3M 1 V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% )
221 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS U nm iti ga te d R is k Fa ct or A ss es sm en t F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (1 7 M ay 20 10 ) pg 2 U nm iti ga te d R is k Fa ct or A ss es sm en t Item R is k or O pp or tu ni ty (f ro m R is k R eg is te r by it em #) (a dd r ow s as n ee de d) A ss es se d Pr ob ab ili ty o f O cc ur re nc e (0 to 1 , Uo rU ra tin g* ) A ss es se d Im pa ct s ( UifU oc cu r) (* ra tin gs a s d ef in ed b y ra ng e ca te go ri es â de fa ul ts sh ow n) C al cu la te d1 M ea n D ir ec t C os t C ha ng e $ to A ct iv ity (u ni nf la te d $M , Uo rU ra tin g* ) A ct iv ity $ A ff ec te d (c ir cl e) M ea n D ur at io n C ha ng e T to A ct iv ity (m on th s, Uor U ra tin g* ) A ct iv ity T A ff ec te d (c ir cl e) M ea n D isr up tio n C ha ng e D to A ct iv ity (M m an - hr s, Uor U ra tin g* ) A ct iv ity D A ff ec te d (c ir cl e) Se ve ri ty (e qu iv al en t in fla te d $M , Uo rU ra tin g* ) Rank EX AM PL E (s ho w in g m ea n va lu es a nd ra tin gs )N ot e: 1 C on sid er s e xt en de d O H s, in fla tio n, a nd v al ue s o f s ch ed ul e an d di sr up tio n 2 Pr D sn /E nv P r = p re lim in ar y de si gn an d en vi ro nm en ta lp ro ce ss RUi La nd ow ne r( s) un w ill in g to s el l pa rc el < xx x> 0. 5 +$ 0. 5M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 +2 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 0 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 +$ 0. 3M 1 V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv Pr 2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) $ M Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 m o Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 M m an -h rs Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 $ M V H (0 .7 to 1 .0 ) H (0 .4 to 0 .7 ) M (0 .2 to 0 .4 ) L (0 .0 5 to 0 .2 ) V L (0 .0 to 0 .0 5) + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 1 yr ) + â H (4 m o to 1 y r) + -M (1 m o to 4 m o) + -L (1 w k to 1 m o) + -V L (< 1 w k) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% )
222 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k R ed uc tio n Ev al ua tio n Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 1 R is k R ed uc tio n A ct io n Id en tif ic at io n, A ss es sm en t, E va lu at io n an d Se le ct io n (n ot e: p rin t 1 1x 17 ) R is k R an k C ri tic al R is k (s ee R is k R eg is te r/ U nm iti ag te d R is k Fa ct or s) (a dd r ow s a s n ee de d) R es po ns e St ra te gy (C ir cl e) Po te nt ia l R is k R ed uc tio n A ct io n (s ee c he ck lis t) (a dd r ow s a s n ee de d) Im pl em en ta tio n (1 m ea n va lu e or r at in gs â de fa ul t r an ge s s ho w n) E ff ec tiv en es s( va lu e or ra tin g) 3 C al cu la te d1 N et E qu iv C os t Sa vi ng s (e qu iv in fl $M ) Adopted C os t$ (u ni nf l $M )1 A ff ec te d $ A ct iv ity (C ir cl e) D el ay T (m on th s) 1 A ff ec te d T A ct iv ity (C ir cl e) D is ru p- tio n D (M m an - hr s) 1 A ff ec te d D A ct iv ity (C ir cl e) Pr ob a- bi lit y (0 .0 to 1. 0) Im pa ct s ( if oc cu rs ) $ (u n- in fl $) T (m os ) D (h r) EX AM PL E (s ho w in g m ea n va lu es a nd ra tin gs ) N ot e: 1 C on sid er s e xt en de d O H s, es ca la tio n, a nd v al ue s o f s ch ed ul e an d di sr up tio n. 3 R es id ua l v al ue X R = u nm iti ga te d va lu e X 0 * (1 â ef fe ct iv en es sE X) ; e .g ., X R = 0 if E X = 10 0% 2 Pr D sn /E nv P r = p re lim in ar y de si gn /e nv iro nm en ta lp ro ce ss 1 R U i. La nd ow ne rs un w ill in g to s el l pa rc el < xx x> A vo id M iti ga te Tr an sf er A cc ep t R U i(1 ). Th e te am w ill d es ig n ar ou nd a re as w he re r ig ht o f w ay m ay b e an i ss ue . $0 .1 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 1.0 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 0 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 1.0 N A N A N A $0 .2 ï¼ V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0
223 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k R ed uc tio n Ev al ua tio n Fo rm S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 2 R is k R ed uc tio n A ct io n Id en tif ic at io n, A ss es sm en t, E va lu at io n an d Se le ct io n (n ot e: p rin t 1 1x 17 ) R is k R an k C ri tic al R is k (s ee R is k R eg is te r/ U nm iti ag te d R is k Fa ct or s) (a dd r ow s a s n ee de d) R es po ns e St ra te gy (C ir cl e) Po te nt ia l R is k R ed uc tio n A ct io n (s ee c he ck lis t) (a dd r ow s a s n ee de d) Im pl em en ta tio n (1 m ea n va lu e or r at in gs â de fa ul t r an ge s s ho w n) E ff ec tiv en es s( va lu e or ra tin g) 3 C al cu la te d1 N et E qu iv C os t Sa vi ng s (e qu iv in fl $M ) Adopted C os t$ (u ni nf l $M )1 A ff ec te d $ A ct iv ity (C ir cl e) D el ay T (m on th s) 1 A ff ec te d T A ct iv ity (C ir cl e) D is ru p- tio n D (M m an - hr s) 1 A ff ec te d D A ct iv ity (C ir cl e) Pr ob a- bi lit y (0 .0 to 1. 0) Im pa ct s ( if oc cu rs ) $ (u n- in fl $) T (m os ) D (h r) EX AM PL E (s ho w in g m ea n va lu es a nd ra tin gs ) N ot e: 1 C on sid er s e xt en de d O H s, es ca la tio n, a nd v al ue s o f s ch ed ul e an d di sr up tio n. 3 R es id ua l v al ue X R = u nm iti ga te d va lu e X 0 * (1 â ef fe ct iv en es sE X) ; e .g ., X R = 0 if E X = 10 0% 2 Pr D sn /E nv P r = p re lim in ar y de si gn /e nv iro nm en ta lp ro ce ss 1 R U i. La nd ow ne rs un w ill in g to s el l pa rc el < xx x> A vo id M iti ga te Tr an sf er A cc ep t R U i(1 ). Th e te am w ill d es ig n ar ou nd a re as w he re r ig ht o f w ay m ay b e an i ss ue . $0 .1 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 1.0 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 0 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 1.0 N A N A N A $0 .2 ï¼ V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (.7 -1 ) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (.7 -1 ) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0 A vo id M iti ga te Tr an sf er A cc ep t Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 Pl an ni ng Sc op in g Pr D sn /E nv P r2 En vi ro P er m its R O W /U til /R R Fi na l D es ig n Pr oc ur em en t C on st ru ct io n O pe ra tio ns R ep la ce m en t Fu nd in g 1, 2, 3 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 V H (> 1y r) H (4 m o- 1y r) M (1 m o- 4m o) L (1 w k- 1m o) V L (< 1w k) 0 V H (> 25 % ) H (1 0% -2 5% ) M (3 % -1 0% ) L (1 % -3 % ) V L (< 1% ) 0 W rt 0, 1 pr ob : +- 10 0% ef fe ct +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct +- 10 0% e ff +- V H (. 7- 1) +- H (. 4- .7 ) +- M (. 2- .4 ) +- L (.0 5- .2 ) +- V L (0 -.0 5) N o ef fe ct + â V H (> 25 % ) + â H (1 0% to 2 5% ) + -M (3 % to 1 0% ) + -L (1 % to 3 % ) + -V L (< 1% ) 0
224 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k R ed uc tio n Im pl em en ta tio n Pl an F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 1 R is k R ed uc tio n Im pl em en ta tio n Pl an R an k Se le ct ed R is k R ed uc tio n A ct io ns (s ee R is k R ed uc tio n E va lu at io n fo r de ta ils ) ( ad d ro w s a s n ee de d) R es po ns ib ili ty Sc he du le o r M ile st on e C he ck C om m en ts 1 R U i(1 ). T he t ea m w ill d es ig n ar ou nd ar ea s w he re r ig ht o f w ay m ay b e an is su e, s pe ci fic al ly a t pa rc el < xx x> . D es ig n le ad , in co nj un ct ion w ith ri gh t- of -w ay l ea d B y en d of pr el im in ar y de si gn N ee d to g et a pp ro va l fo r de si gn de vi at ion s.
225 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS R is k R ed uc tio n Im pl em en ta tio n Pl an F or m S H R P 2 R 09 : G ui de fo r M an ag in g R is ks fo r R ap id R en ew al P ro je ct s (3 0 Ju ne 2 01 0) pg 2 R is k R ed uc tio n Im pl em en ta tio n Pl an R an k Se le ct ed R is k R ed uc tio n A ct io ns (s ee R is k R ed uc tio n E va lu at io n fo r de ta ils ) ( ad d ro w s a s n ee de d) R es po ns ib ili ty Sc he du le o r M ile st on e C he ck C om m en ts 1 R U i(1 ). T he t ea m w ill d es ig n ar ou nd ar ea s w he re r ig ht o f w ay m ay b e an is su e, s pe ci fic al ly a t pa rc el < xx x> . D es ig n le ad , in co nj un ct ion w ith ri gh t- of -w ay l ea d B y en d of pr el im in ar y de si gn N ee d to g et a pp ro va l fo r de si gn de vi at ion s.
