(Appendix 1) Project Risk Register

No Description Impact Impact (%) Probability Risk Contingency Owner

High = >50% High = >50% Management
Medium = Medium = Approach
>10% >10%
Low = <10% Low = <10%
1 Risk of  Public Protest 70 5 Create a Change Plans if Investors,
alterations to against planning suitable design necessary to run in Financers,
primary design permission for planning line with public views Stakeholders
with public
discussion
meetings, send
out information
to public
2 Change in 
Change in 50 25 Have funding/ Have funding/ Investors,
Government/ governement financial financial investors Financers,
policy policy, i.e. Tax investors ready ready to invest Stakeholders
increases, to invest should should overall cost
removal of public overall cost increase.
funding increase.
3 Increased  Increased labour 5 75 Have an Have an increase of Investors,
construction costs due to increase of construction cost Financers,
costs increased construction factored into the Stakeholders
minimum wages cost factored budget
into the budget
4 The loss of  Could drastically 80 20 Have the Have other investors Stakeholders,
investors effect the funding investors interested in the Financers
for the project contracted so project
that if an
investor ‘pulls
out that a
 financial
penalty would
be incurred by
the investor.
5 Delays in  Can slow the 25 100 Have the Have these holidays Contractor,
construction construction rate construction factored into the sub-contractor
schedule due to of the project contractor, construction
holidays contracted to schedule.
work through
the holiday
periods.

If the contractor
doesn’t meet
the
construction
deadline that
they are
contracted to
pay the cost of
this delay.
6 Developments  Technology 20 100 Invest in the Have a requisite Investors,
in technology improves over the most advanced budget to spend on stakeholders,
whole life cycle of technology of improving the Financers,
stadium the time during technology as it Customers
the build improves.
7 Tax increases/  Changes on 65 5+ Procure the Have other sources Contractors,
changes in import tax for the materials with for the procurement sub-
legislation procurement of the supplier for of materials ready, contractors
materials for the a set price although a delay will
 construction regardless of occur.
changes.
Have the
contractors
agree a non
negotiable price
for the
materials prior
to the build
starting.
8 Negative  Environmental 80 <5 Make sure that Have other Contractor,
environmental agency can stop the contractor contractor’s details Sub-
effects the construction if adheres to the should the contractors
strict environmental eventuality occur
environmental guidelines. If that a change is
guidelines are not they don’t then required.
adhered to. they will bear
the cost
implications of
not doing so.
And or lose the
contract
9 Competition of  Could offer a 85 15 Make sure the Have other Contractor,
pre-tender tender that they contractor contractor’s details Sub-
contracts can’t meet, meets the should the contractors,
therefore either, tender eventuality occur Investors,
time, cost or requirements that a change is Financers
quality will suffer. agreed in the required.
contract.
 Regular checks
of the quality of
the
workmanship
should be
checked by
independent
assessors.
10 Lack of The project won’t 90 25 Make sure that Have a minimum Customers,
customers produce the return that realistic prediction/estimation public,
is expected over the time projections of customers that are Investors,
period forcasted. have been attending the Financers
made for the stadium and use that
amount of to create forcasts.
customers likely
to use the
stadium