RISK ASSESSMENT FORM

SL.NO

RISK

CHECK POINTS

YES

Whether customer inputs are inadequate

Whether special skill and resources are required

Whether the product design is complex for development and manufacturing

Whether there is a probability for cost over run during development / production

Whether there is a probability of changes in customer requirements

Whether there is a dependency of outsourced activities

Whether there is a probability of change in the technology asked for

Whether there can be changes in the market scenario

Whether product liability is high

10

Whether capacity in inadequate to meet customer requirement

11

Whether similar product has been manufactured previously

12

Whether there required efficiency and effectiveness are high which cannot be met

13

Whether any additional facility / resources to be added

14

Whether any safety, statutory, regulatory and environmental requirements can not be met

15

Any other specific points

Identified Risks

Low

Impact of risk identified

Medium

High

Low

Probability of occurrence
Medium

High

NO

Low

Risk evaluation
Medium

REMARKS

High

Mitigation plan for identified risks

Identified high risks

Criteria
Impact of Risk
Probability of occurrence
Risk evaluation

Action to be taken

Responsibility

Target

High
Medium
customer requirement can not be met
customer requirement can be partially met
Frequent problems faced previously
Occupational problems faced previously
Consider higher level of impact of risk or occurrence

Risk evaluation
(High / medium / low)

Low
Customer req. can be met
No problems faced.