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K. Project Management Services <br />City of Sunny Isles Beach | Request for Qualifications No. 15-08-02 <br />September 23, 2015 <br />Page 50 <br />By implementing this process we are able <br />to provide solutions which mitigate the <br />identified risks. We accomplish this by <br />having construction management, design <br />management, and major subcontractor <br />management, in conjunction with Sunny <br />Isles, review the identified risks. By <br />collecting the diversity of approaches these <br />professionals bring to the process, Sunny <br />Isles is ensured that the team examines <br />the risks from all angles, and formulates a <br />unified solution. <br />Hensel Phelps’ Risk Management Tool is <br />comprised of three separate sections: <br />Risk Management During Pre-Award / <br />Procurement: As the procurement team <br />develops a proposal, risks are identified. <br />In order to track the status of these risks, <br />the Risk Management Tool is developed. <br />The development and updating of <br />the Risk Management Tool during <br />the procurement is vital to laying the <br />foundation for successful risk mitigation. <br />The Risk Management Tool includes all <br />key risks identified during the proposal <br />period and the actions taken to mitigate <br />these risks. The Risk Management Tool <br />is routinely reviewed to ensure that the <br />risks are being mitigated. <br />Risk Management during <br />Preconstruction/ Design Development: <br />Throughout this procurement, Project <br />Manager Matthew Wilson will be <br />responsible for identifying potential <br />challenges that may arise on each <br />project. He will be responsible for <br />creating and updating the Risk <br />Management Tool for new risks identified <br />and mitigated during the design <br />development and preconstruction <br />phase. Hensel Phelps will review the <br />Risk Management Tool on a weekly basis <br />to ensure that the design development is <br />managed such that these identified risks <br />are successfully mitigated and resolved. <br />Risk Management During <br />Construction: Any risk items not fully <br />mitigated during the Preconstruction <br />/ Design Development Phase are <br />carried over to the Construction <br />Phase Risk Management Tool. Project <br />Manager Matthew Wilson will continue <br />to be responsible for updating the <br />Risk Management Tool during the <br />Construction Phase of the project. The <br />Risk Management Tool is reviewed on <br />a regular basis, but at a minimum it <br />will be reviewed monthly to ensure any <br />unresolved risks are being properly <br />projected. <br />Additional big picture strategies to mitigate <br />coordination risk will be implemented on: <br />Early Subcontractor Involvement: <br />Early key subcontractor involvement in <br />the design completion process is one <br />key element to reducing the risk on a