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Regency Plaza Case Study – Risk Management Process, Review of the Options

3. Risk Management Process of the Regency Plaza Project Regency Plaza is a mixed-use multi million US dollar project carrying quite high stakes. So the risks of it should be evaluated beforehand and managed well in order to make sure that the project wouldn’t over run budget or time and end with a successful result. Here we use the “Four Stage Risk Management Process” to evaluate the risk management happened in Regency Plaza project. 3.1 Risk Identification Evaluation: how well the project was analyzed and source of the risk identified. In the below table we will take a closer look at how well the risk was identified by Kris Hodgkins. Description| Identified/Not| Constraints and Remarks| Size the layout of the…