TASK 2 – Portfolio of Evidence A. Identify project risks 1. Operations based on risk context 2. Approach to identifying risk 3. Team involvement in the establishment of risk management context and planning

A. Identify project risks The first step in identifying project risk is to understand the potential sources of risk. These can include: 1. The type of building construction. 2. The age and condition of the building. 3. The location of the building. 4. The type of occupancy of the building (e.g., residential, commercial, industrial). 5. The height of the building. 6. The number of stories in the building. 7. The size and layout of the building. 8. Access to the building (e.g., public transportation, private vehicle). 9. Parking availability at or near the building site. All team members should be aware of the risks associated with the project and should know what measures are being put in place to mitigate these risks. If any changes or new risks arise during the course of the project, these must be communicated to all team members so that everyone is aware of the situation and can take appropriate action. 1. Operations based on risk context The purpose of this study is to investigate the impact of operational factors on the risk context of residential construction projects. The research was conducted in two phases. In the first phase, a literature review was conducted to identify relevant articles and papers that address operational issues about project risk. In the second phase, empirical data were collected from a case study of a large-scale residential construction project in Hong Kong. Based on the findings, it was found that four main operational factors can impact the risk context of a residential construction project. These include project size, construction method, project duration, and several workers. 2. Approach to identifying risk There are a few ways to identify risk when it comes to building residential structures. One way is to analyse the data that is available on building permits and construction projects. This data can be used to identify patterns and trends that may indicate areas of potential risk. Another approach is to conduct interviews with experts in the field of construction, such as architects, engineers, and project managers. These individuals can provide insights into the potential risks involved in various construction projects. Finally, it is also important to consider the psychological factors that can influence the perception of risk. Factors such as fear of heights or claustrophobia can make some people more susceptible to feeling anxious about certain construction projects. 3. Team involvement in the establishment of risk management context and planning The team responsible for risk management must be involved in the establishment of the risk management context and planning for a construction project. The team should be able to identify potential risks and mitigation strategies early on in the project so that they can be addressed appropriately. The team should also have a clear understanding of the project's objectives and how they relate to the overall risk management strategy. This will ensure that all team members are working towards the same goal and that any potential risks are identified and dealt with promptly. good communication and coordination between all members of the team are crucial to effective risk management.