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    Historical Data: Information Sheet IS02-Z-004-LP11

    Uploaded by

    Wan Mohamad Noor Hj Ismail

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Historical Data: Information Sheet IS02-Z-004-LP11

    Uploaded by

    Wan Mohamad Noor Hj Ismail
    21 views4 pages

    Original Title

    IS02_LP11_Historical_Data-210606

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    © © All Rights Reserved

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    21 views4 pages

    Historical Data: Information Sheet IS02-Z-004-LP11

    Uploaded by

    Wan Mohamad Noor Hj Ismail

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    You are on page 1of 4

    Historical Data – (IS02 – LP11)

    HISTORICAL DATA
    Information Sheet

    IS02-Z-004-LP11

    ©CIDB, Page 1 of 4
    Historical Data – (IS02 – LP11)

    CONTENT

    1.0 Introduction

    2.0 Market report

    3.0 Economic report

    4.0 Financial report

    5.0 Safety report

    6.0 Technical report

    7.0 Project report

    8.0 Appendices

    ©CIDB, Page 2 of 4
    Historical Data – (IS02 – LP11)

    1.0 Introduction

    As described in Chapter 1, data about identification, probability and damage due to risks
    are not easily available. Past projects may contain a number of reasonably standard and
    recognizable risk situations from which we can draw useful data about the risky aspects
    of a project, provided they are recorded and kept properly.

    Data for risk identification in the construction project come from a number of sources as
    described below.

    2.0 Market report

    The construction market report can be a good source of risk data related to business,
    consumer behaviour, material shortage, logistics problems, pricing issues, competition,
    advertisements, promotion of products and services and also creditability of
    companies, suppliers, etc. Some of these sources come from newspapers, statistics
    department, trade magazines and research reports.

    3.0 Economic report

    Economics data on government spending, inflation, GNP growth, recession warning,


    labour shortage, supply and demand of office space and houses, Consumer Price Index,
    etc are useful indicators of risk impacting the construction industry. Government’s
    annual economic report and Bank Negara report are good sources of information.

    4.0 Financial report

    Sources of funds, interest rates, company’s performance, audit reports are some sources
    of risk data that need to be considered. Cost estimates which can

    ©CIDB, Page 3 of 4
    Historical Data – (IS02 – LP11)

    become risk factors because of inaccuracy should be constantly updated to reflect true
    situations so that future budgets can become more reliable. Some sources include Bank
    Negara reports, KLSE reports, Rating Agency Malaysia reports, etc.

    5.0 Safety report

    Many accident reports, safety and health records are logged during project
    implementation. The causes and responses of these risk events form very good feedback
    for taking preventive measures in handling risks for future projects. Government reports
    on Occupation, Safety and Health issues and EIA reports are good sources of risk
    information.

    6.0 Technical report

    Technical issues related to design and construction, soil conditions, geological surveys,
    weather reports, EIA, rate of technological obsolescence, system and material failure are
    important risk data that should be carefully considered. White papers and consultancy
    reports on failures of buildings, public amenities and safety are good sources of
    information.

    7.0 Project report

    Project status reports, review reports, progress reports, Post Implementation Review
    reports, contingency plans, etc. are very good sources for identifying and assessing risks
    in triple constraints, and also for lessons learned so that mistakes will not happen again.
    Standard forms like Risk Log should be used and updated regularly, and then properly
    filed for future reference.

    8.0 Appendices

    ©CIDB, Page 4 of 4

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