Risk Assessment-1

Sr. No Owner Process Issue External/Internal Risk and Opportunity description Action Plan

Risk: Non Compliance material issue to

Inspection not done and production Risk: Inward inspection of all
1 Quality Material Inward Internal
material issue Opportunity: Only OK material issue for material
production.

Risk: Stock not maintain Risk:Material issue on Requisition

2 Store Material issue Issue without requisition internal Opportunity: Able to maintain proper slip by Stores.
stock.

Risk: Material get damaged

Material Stacking at Improper material
3 Stores Internal Opportunity: No material rejection due Risk:By proper packing of material
site protection to damage

Risk: Rejection by Client

Scratch on ACP Sheet Risk: Bubbule wraping started to
4 Installation Material Handling internal Opportunity: No material rejection due
during handling use along with protection tape.
to damage

Risk:Monitoring of orders at Purchase is Risk: Start to Release Material in

5 Design MTO More number of MTOs Internal difficult. MTO Priority wise so number of
Opportunity: Tracking and followup for MTO decrease and inventory also
order save time control.

Huge number of Hard Risk: Wastage of Papers and printing Risk: Started to share documents on
copies produced for
6 Design MTO and Cutting list Internal material Goggle drive so wastage of Papers
distribution at Opportunity: Save paper cost for distribution is minimise
Factory/Project

Risk:Wrong grade material order

Material Grade Risk: Now provision of mentioning
7 Design MTO Internal Opportunity: Rejection/Rework due to
requirement grade made in MTO format
material grade can remove.

Risk: If a monopoly supplier unable to

supply on time we will fail to achive Risk: Start to take client approval
8 Purchase Purchase Monopoly External Targets. Also he may raise price at any for more than one supplier for all
time which leads financial losses.
Opportunity: Multiple options can able to items as and when required
save money and time.
 Risk Assessment-1
Sr. No Owner Process Issue External/Internal Risk/Opportunity Risk/ Opportunity description Action Plan

Find alternate material and

Business Client demand on specific rate
1 BD and Estimation Rate External Risk suppliers so can able to reduce cost
Development requirement by value engineering.

Business
2 BD and Estimation Competition External Opportunity New advanced product development Research on development
Development