FCH-2611-0026 Project Lifecycle Risk Assessment
FCH-2611-0026 Project Lifecycle Risk Assessment
IDEA CONCEPT DEVELOPMENT BASIC ENGINEERING EPCM COMMISSIONING PRODUCTION & HANDOVER
PROJECT
STAGE
EVALUATION OF RISK
HIGH LEVEL RISK UPDATE HIGH LEVEL RISK RISK ASSESSMENT UPDATE RISKS IMPLEMENTATION OF RISK MONITORING OF RISK
RISK ANALYSIS IDENTIFICATION & CONTROL
ASSESSMENT ASSESSMENT OF DESIGN & OPERABILITY OF DESIGN & OPERABILITY CONTROL PLANS CONTROL PLANS
PLANS
Reassess
Identify Business Risks of Business Risks Monitor Impact of Evaluate effectiveness
Monitor Impact of Design Track Implementation on Track Impact on Business
Business Risks Proceeding or Not of Proceeding or Not Proceeding with the Concept Business Risk
on Business Risks Business Risk Items Risk Items
Proceeding with the Project Proceeding Based on on Business Risks Identification & Controls
Superior Concept
Reassess
Identify Project Risks of
Project Risks of Identify Project Risks of Evaluate Effectiveness
Project Proceeding or Not Reassess Monitor/Track Monitor/Track
Proceeding or Not Proceeding with the Project Risks Identification
Risks Proceeding with the Project Risks Project Risks Project Risks
Proceeding Based on Project & Controls
Project
Superior Concept
Evaluate the
Risk Assessment of effectiveness of the
Reassess the Risks of Monitor & Control the
Commissioning Risks Commissioning commissioning risks
Commissioning Risks of Commissioning
Activities identification and
controls
Risk Assessment
Handover of Asset
of Asset
Asset Disposal Risks Disposal Risk
Decommissioning and
Assessment
Disposal