Risk Assessment Format (Risk Register)

(MECON:AQM:F-14)
FSPD Section
Project: SAIL-Bhilai Steel Plant; 7.0 MT Expansion ( WI-9101)
Scope of Work of the Consultancy Agreement: Consultancy Service for Design & Engineering, Procurement of
Plant & Equipment, Inspection services which included Designers Supervision during project execution and
assistance in issuing PAC,CC & FAC
List of Key Risks & actions planned to mitigate the same
Risk Risk Risk Statements Risk Assessment/ratings Mitigation plan Planned Status
Ref. No. Likelihood Impact Overall Completi (At the end
average on Date of every
score qtr)

Technological 1 2 2 Regular attending the seminars Continuous Complied.

organized by manufacturer. process
knowledge-gap.
Extensive study regarding the
latest technological development in
relevant field through technical
journals, manufacturer literature.

Regularly interaction with the

1 WI 9101 clients and manufacturer
Design
Engineering and Preparation of Regularly corresponding to
Technical Estimates 3 3 9 vendors, equipments
Coordination manufacturers and the contractor
regarding the latest trends of
costing.
Man-hours 3 2 6 The additional man power May 2017
consumed for consumed for additional jobs shall
be negotiated with the client for
additional jobs additional fee.

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 List of Key Risks & actions planned to mitigate the same
Risk Risk Risk Statements Risk Assessment/ratings Mitigation plan Planned Status
Ref. No. Likelihood Impact Overall Completi (At the end
average on Date of every
score qtr)
Effective use of 2 3 6 Planning of manpower dynamically Continuous Complied
manpower for job execution and efforts to
complete the job within allotted
time by following the standard
work procedure of the department.

Delay in 2 2 4 Taking project review meeting

releasing fortnightly
deliverable Regular interaction with the
engineers and taking feedback
regarding the constraints in timely
delivery of deliverables.
Approval of 2 1 2 There exist the established vendor Continuous Complied
vendor approval procedure and the same
is strictly followed

Opportunities Identified: Minimize the technological knowledge gap among the employee and effective use of manpower in similar
natures of jobs.

(Signature of Risk owner) (Signature of Reviewing Authority)

A K Tripathi N K Garg
Manager Jt. General Manager

Distribution : 1. Controlling Officer 2. Concerned ED/Director

Copy to : MR

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