Kahua | www.kahua.com 03
FIGURE 2:
Risk can be found in every phase of the capital-planning process. Understanding, and planning for, risk is just as
important as understanding where and when risk could jeopardize the program.
Planning
RIGHT OF WAY
Contract negation timelines
Land/parcel cost negotiations
ENVIRONMENTAL
Wildlife impact
Noise and air quality implications
Historic impact
Water quality
Community impacts
Hazardous materials
ORGANIZATIONAL
Lack of internal communication
and real-time data sharing
Inexperienced teams
Disparate data/systems
PROJECT MANAGEMENT
Scheduling/contractor delays
Change orders
Approval processes
Failure to follow contractual obligations
DESIGN
Approvals
Design changes and/or errors
Stakeholders' late changes
Failure to follow contractual obligations
CONSTRUCTION
Weather
Changes in work contract estimates
and time
Delay in materials
Funding
EXTERNAL
Lawsuits
Stakeholder changes
Political differences
Tax changes
AWS and/or local standard changes
Design Procurement Construction Operations