Evaluate the risks associated with moving from a traditional construction method for constructing concrete formwork , to an advanced method that will be designed to take advantage of additive and/or automated and digital techniques.

Risk Engineering

You have been tasked to evaluate the risks associated with moving from a traditional
construction method for constructing concrete formwork , to an advanced method that will be designed to take advantage of additive and/or automated and digital techniques.
Firstly, draw on your engineering background to gain an overview of the current
construction methods and their respective times. Obviously, this information may not be readily available, therefore, you may be required to make some assumptions – but use your engineering judgements to make sure these are justified.
Then, select an appropriate advanced / alternative method for your project. It could also be a future construction method that is yet to be commercialised. Remember, this subject is about risk engineering, and this report does not require a full technical evaluation.
The next stage will be to implement a risk management process based on the ISO31000 and the content of this course. Some things to think about would include:
● Risks and opportunities
● Hazards
● Safe design principles
● The risk management process
o Risk identification
o Risk analysis
o Risk evaluation
o Risk treatment
o Risk monitoring and review
● Techniques and tools used for planning and probabilistic analysis
o CPM
o PERT
o Monte Carlo
● Summary
o Conclusions and lessons learnt
o Recommendations
o Future research
Go through the step-by-step process with your team, brainstorm what the different risks for you company and project are, where they are coming from, are they internal or external, what category, etc. Set-up a risk matrix and score the various risks.
With regard to the techniques and tools you will use for planning and probabilistic
analysis you may wish to compare different methods. For instance, one could compare the use of PERT calculations to a Monte Carlo simulation?
You will need to include at least one network diagram – preferably two. One could be
either specific to an assembly process .
The other could be related to your company as a whole, i.e., buy raw materials 🡪 manufacture part 🡪 package and store 🡪 ship part/component to customer etc. In each case there are risks involved and they can be assigned times, or costs or both.
How can digital design/construction be of use when implementing and monitoring risks?
Could you think of a feedback loop for data along the path?
These are some of the questions you should cover in your report