Guide for the Process of Managing Risk on Rapid Renewal Projects (2012) / Chapter Skim
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Pages 123-128
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121 In the past, many transportation projects have performed poorly (e.g., in terms of ultimate cost and schedule to completion) , often because of unexpected problems as described in Chapter 1.
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122 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS Step 2. Risk Identification (Chapter 5)
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123 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS appropriate budgets and milestones can be established (e.g., to achieve a specified level of confidence)
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124 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS A lack of DOT commitment often leads to inadequate resources and, as discussed below, poor results, which in turn can be used to justify that lack of commitment. • Accuracy and defensibility.
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From page 127... ...
125 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS change the DOT culture and develop DOT commitment, as well as foster adequate accuracy and defensibility in an efficient manner. • Detailed training of DOT facilitators and planners, including quality control and pilot applications, will help ensure adequate accuracy and defensibility, as well as efficiency, of the application of the process on particular projects.
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From page 128... ...
126 GUIDE FOR THE PROCESS OF MANAGING RISK ON RAPID RENEWAL PROJECTS • Training. Training is needed to implement the guide.
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