Risk Management

Meridian Tower — 30 risks tracked · Month 8 of 36

Critical Risks

2

High Risks

9

Active (Open + Mitigating)

13

Weighted Exposure

$13.1M

Risk Register

Click column headers to sort
IDTitleCategoryProbImpactScoreLevelStatusOwnerBudget ImpactSchedule
R001Steel delivery delay from fabricatorSupply Chain4520criticalmitigatingSarah Chen$1.2M+21d
R004Skilled labor shortage (ironworkers)Labor4416criticalmitigatingJames Wright$800K+14d
R012Change order volume exceeds contingencyFinancial3515highmonitoringMike Torres$4.0M—
R002Concrete price escalation beyond budgetFinancial3412highmonitoringMike Torres$2.8M—
R003Curtain wall design changesDesign3412highopenLisa Park$1.5M+30d
R007Permit approval delays (superstructure)Regulatory3412highopenLisa Park$200K+21d
R009Elevator lead time extensionSupply Chain3412highmitigatingSarah Chen$400K+21d
R011Design coordination clash (MEP vs. structure)Design4312highmitigatingDavid Kim$500K+10d
R006Foundation conditions differ from geotech reportGeotechnical2510highclosedDavid Kim$3.0M+28d
R017Subcontractor default/bankruptcyFinancial2510highmonitoringJames Wright$2.0M+30d
R025OSHA citation or stop-work orderSafety2510highopenJames Wright$500K+7d
R005Severe winter weather impactWeather339mediummonitoringMike Torres$400K+10d
R008Electrical subcontractor underperformanceSubcontractor339mediummonitoringJames Wright$600K+14d
R021Concrete curing issues in cold weatherQuality339mediummonitoringJames Wright$300K+7d
R026Façade mock-up test failureQuality339mediumopenLisa Park$600K+14d
R027Interest rate increase affecting financingFinancial339mediummonitoringMike Torres$1.2M—
R013Crane failure or maintenance delayEquipment248mediumopenJames Wright$300K+7d
R014COVID/pandemic workforce impactHealth248mediummonitoringSarah Chen$1.0M+21d
R023Waterproofing failure below gradeQuality248mediummonitoringSarah Chen$800K+14d
R024Supply chain disruption (global)Supply Chain248mediummonitoringSarah Chen$3.0M+30d
R010Site access disruption (city construction)Logistics236mediummonitoringMike Torres$150K+7d
R015Utility relocation delaysLogistics236mediumclosedDavid Kim$250K+14d
R016Fire protection design revisionDesign236mediumopenLisa Park$350K+7d
R019Technology system integration failuresTechnology236mediumopenDavid Kim$200K+5d
R022BIM model version control conflictTechnology326mediummitigatingDavid Kim$100K+3d
R029Stormwater management non-complianceEnvironmental236mediummonitoringDavid Kim$200K+7d
R030Key personnel turnoverLabor236mediumopenSarah Chen$300K+14d
R020Insurance claim from adjacent propertyLegal155mediummonitoringLisa Park$1.5M+14d
R018Community opposition to constructionStakeholder224lowmonitoringMike Torres$100K+7d
R028Noise ordinance violationRegulatory224lowmonitoringMike Torres$50K+3d

Risk Heat Map

PROBABILITY
5
4
1
1
1
3
1
5
4
1
2
2
6
4
3
1
1
1
2
3
4
5
IMPACT
Low (1-4)
Medium (5-9)
High (10-15)
Critical (16-25)

Scenario Simulator

Select a scenario above to view cascade effects

Early Warning Indicators

4 unacknowledged

Steel Fabrication Tracking

warningAug 25, 2:30 PM

Floors 15-28 steel fabrication at 60%. Lead time projecting 1-week buffer remaining.

Supply ChainNew

Weekend Weather Advisory

criticalAug 25, 9:15 AM

Thunderstorms forecast Sunday — crane operations will be suspended. Plan indoor activities.

WeatherNew

Budget Variance Trending Up

warningAug 24, 4:45 PM

Month 8 CPI at 0.85 — below threshold. Structural steel costs driving variance.

Financial

MEP Permit Update

infoAug 24, 11:00 AM

MEP building permit 2nd review comments expected by Sept 1. No critical issues flagged.

Permits

Workforce Below Plan

warningAug 23, 8:30 AM

Current workforce 485 vs. planned 510 (-4.9%). Ironworker availability contributing factor.

LaborNew

Curtain Wall Mock-up

infoAug 22, 3:20 PM

Curtain wall mock-up testing scheduled for September 15. Permasteelisa confirmed.

Supply Chain

Change Order Volume

warningAug 21, 10:00 AM

12 change orders totaling $3.85M (1.8% of contract). Approaching monitoring threshold.

FinancialNew