|
External Issues |
Risk Impact |
Risk & Opportunities |
PIC |
|
M&E/construction materials price fluctuation. |
High Risk - Sudden M&E/construction
materials price increase leads to loss of profit. |
Conduct forward buying of all M&E/construction related
products upon confirmation of jobs. |
CM |
|
Project safety - unsafe. |
High Risk - Unsafe work environment
leads to loss of workers that will affects delivery of
project. |
Conduct safety audits at site and ensure sufficient
safety equipment are available at work areas. |
PM |
|
Low cost competitors. |
Low Risk - Lower pricing of product
and services will make the project unviable. |
Promote on good quality product and services provided. |
CM |
|
Delay in material delivery. |
Medium Risk - Unavailability of
materials will cause work stoppages. |
Conduct proper schedule tracking to prevent delivery
delays. |
PURE |
|
Incompetent vendors. |
Medium Risk - Poor product and
services from external provider will cause customer
dissatisfaction. |
Conduct strict factory acceptance tests and
specification reviews to prevent poor product and
services. |
PM |
|
Climate Change |
Medium Risk
-
Raining season and hot weather may lead to
unpredicted flooding and hot weather sickness.
|
(1) At office basement car park, need to relocate parked
vehicles, raised up racking system for stocks kept at
the basement, flooding drainage and mitigation.
(2)
Reduce hot weather outings at project site.
|
ADE |
|
|
|
|
|
|
Internal Issues |
Risk Impact |
Risk & Opportunities |
PIC |
|
Lean management. |
Medium Risk - Too many tasks handled
by one person can affects productive and effective
delivery of jobs. |
Conduct manpower requirement reviews to determine
manpower shortages and to reduce burden on employees. |
HRM |
|
Incompetent employees. |
Medium Risk - Inability to carry out
tasks that affects delivery of jobs. |
Need to choose the right person for the right job. |
HRM |
|
Lack of training. |
High Risk - inability to handle jobs
properly leads to costly mistakes. |
Provide the right training to employees who lacks proper
skills. |
HRM |
|
Communication breakdown. |
Medium Risk - Instructions from top
management fails to be understood by the lower ranks can
leads to misunderstanding of tasks, etc. |
Conduct regular communication meetings and training to
ensure involvement of every levels of employees. |
HRM |
|
Improper filing system. |
Low Risk - Failure in identification
and traceability of documented information can lead to
loss of work continuity. |
Provide the necessary filing tools, proper training and
guidance on handling of correspondence and
documentation. |
ADE |
|
Department Of Environment (Effect of Climate Changes) |
Medium Risk
- Department of Environment (DOE) - wants Company to
comply strictly to DOE environment regulations related
to climatic changes on air pollution, flooding, water
rationing and employee's health. |
To instill awareness among the Company's employees to be
aware of the effects of climate changes doing tasks that
leads to air pollution, flooding, water rationing and
the health of the employee. |
AE |
