英语论文网

y & Impact Matrix. Following that, it is possible to measure the effects of risk management at the construction site level by calculating the Estimated Monetary Value (EMV) of the high urgency risks. Then recommendations on the high-priority risks will be put up on the basis of risks assessment before the final conclusion.

Carpenter (2011) stated in his book that many dwellers in the southern part of the England even live in the fragile cliff top, which may be quite astonishing for the common people who have just been accustomed to living in the places of low altitudes. However, it is true that the cliff-top hospitality and tourism industries receive hundreds of thousands of travel lovers in the world and maintain a high growth in profits every year. Since the cliff-top hotels can not only provide opportunities for visitors to gain unobstructed panoramic views of nature, but also enable them to feel absolute freedom with isolation which appreciating the fascinating sceneries out of the hotel window, thus the visitor numbers keep increasing and the cliff hotels become more booming than ever before. Therefore, decision-makers in the company are decided to put up with a cliff project to promote the tourism-related industries of the company. By constructing a hotel on the top of a cliff, visitors will pay a visit here during their vacations. The project encountered numerous problems after the exploration team surveyed the surrounding landscapes. For instance, landslide, winds, storms, supplies, illness as well as truck rental unavailable are ranked as potential risks of different urgency degrees in the project. Thus the predetermined schedule time of construction has to be delayed for 3 weeks until the potential risks have been solved. It is true that not all of the potential risks are emergent and should be solved instantly, so they are graded of different ranks in accordance with the Probability & Impact Matrix. Except for the risk management, collecting useful images to attract the tourists is necessary as well since a picture of a meteor shower or a rare species shot by the camera installed around the campsite will contribute to more project investment form the sponsors.  

There are numerous affairs that should be taken into consideration during the cliff project. For instance, the time schedule, project cost, human resources, equipments, changing weather conditions as well as the local landscape. The case mainly deals with the potential risks which may have great impact on the progress of the construction at the early stage of the project. Sanghera (2008) stated that the Probability & Impact Matrix (table 1) could be employed to judge what should be the prior urgencies. The team has recorded every possible risk on the chart and grades them with different levels after accessing the probability and impact index of every single risk.

As is shown form the P & I matrix (table 1), the low-priority risks have no-shading, medium ones are light gray and the high ones are dark gray. The figures inside the chart are excellent guidelines which lead the team to the appropriate solutions. On the basis of the survey conducted by the exploration and the quality assessment team on the local landscape and current situation (table 2), the priority index of high winds is 0.63, and that of the truck unavailable is 0.35. Even the priority 本论文由英语论文网提供整理，提供论文代写，英语论文代写，代写论文，代写英语论文，代写留学生论文，代写英文论文，留学生论文代写相关核心关键词搜索。