ACTION PLAN

AP No: EQU-001
Department: Date Prepared:
Rev: 0
Equipment Rental December 22, 2016
Process:
EQUIPMENT RENTAL
Objective/s:
- To ensure organized project planning on time delivery of equipment to attain target profitability.
- To ensure maximum utilization, proper use and safeguard of equipment.

Risk:
Delay Submission of billings (Internal & External)
_x_ High __ Medium
Delay or Non-Submission or pre-requisite reports of billings from
Causal Factor:
project sites

Context/s where the risk was identified: Prior 5th of the following month

Action to Take if Threat (encircle/highlight those that are applicable):

_x_ Threat
Type of Risk (check one): Avoid Reduce Transfer Accept
__ Opportunity Action to Take if Opportunity (encircle/highlight those that are applicable):

Exploit Enhance Share Accept

Risk Factor/s that made the risk significant:

People Process Profitability Customer Ecological Regulators Image
(encircle those rated with high impact)

RDPCI-F-MPL-006
Rev. 2 12/01/16
 ACTION PLAN

*Note: You may identify less than three or more than three controls below. You may add more controls if you think it’s necessary.
Resources Required
Reference Timeframe
(for the proposed
Type Controls Documented (for the proposed Decision
controls, if there are
Information controls)
any)
In Place Maintain Control?
1. Monitoring of Rented Out Equipment RDPCI-PM-EQU-002 ___ Yes ___ No
2. Handling of Returned Equipment RDPCI-PM-EQU-003 ___ Yes ___ No
3. Billing and Collection Procedure RDPCI-PM-FAC-002 ___ Yes ___ No
Barriers for
4. Orientation of Equipment Coordinators and Supervisors Orientation Sheet ___ Yes ___ No
Threats or
at site
Proposed Approve Control?
Initiatives for
1. Create and release memorandum for site regarding Memorandum / Trip Equipment Dept. / Within March, 2017 ___ Yes ___ No
Opportunities
reports submission Ticket and Equipment HRD
Timesheet
Decision and Justification if no controls are stated:
N/A
In Place Maintain Control?
1. Re-orientation of equipment personnel at site Memorandum ___ Yes ___ No
Recovery
___ Yes ___ No
Measures for
Proposed Approve Control?
Threats or
1. Create verification process related to costcode indicated ___ Yes ___ No
Evaluation Reports Equipment Dept. Until April 30, 2017
on the timesheet against details of site work
Boosters for
accomplishments
Opportunities
Decision and Justification if no controls are stated:
N/A

RDPCI-F-MPL-006
Rev. 2 12/01/16
 ACTION PLAN

Prepared By: Reviewed & Approved By:

FRANZ ALDRIN LUCION / ANGELINE LAPAZ / LANI PASAMONTE CARLITO TOLENTINO

Name & Signature Name & Signature
(Risk Owner) (Top Management, Member)

------------------------------------------------------------------------------------------------------------------------------------------------------------------------ -----------------------------------------------------

Key Performance Indicator/s: Target/s:

a. % On Time Submission of Billing per month  100%

Progress Monitoring
Performance
Target Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Indicator

a 100%

RDPCI-F-MPL-006
Rev. 2 12/01/16