IIT-HYDERBAD QSF/6.
1/F01
PHASE -II
Risk Identification Qualitative Risk Assessment Quantitative Analysis Response Planning Risk Monitoring and Control
Category
Response
Risk Estimated Impact Estimated Impact Date of
Risk
Risk Details Date Identified Source Probability Severity Risk Rating Strategy for Mitigation Plan Risk Owner Status Remarks
ID on Time on Cost Review
Mitigation
AC
L
Probability
(Client Scope)
Clients,
Drawing Clarification M x Coordination with Design Consultant for Design Reveiwed During
Design
1 delay/ 7/May/19 External Moderate Moderate R Mitigate clarification on drawings followup for consultants, Weekly Client meeting on
Front Availablity UL inputs/requirement on time. Planning Every Tuesday
Ins Min Mod Maj Ext engineers
Severity
AC
L
Probability
Financial
M x
Excalation in Labour & External Client Billing team to ensure Submision of In client billing review
2 7/Jul/19 Moderate Major R Mitigate Site Planning Half Yearly
Material prices. such Escalation /price Variation meeting
UL
Ins Min Mod Maj Ext
Severity
AC
L
Probability
Executional
M x Lower Productviity Around 15% i. Mobilization of skilled/experienced
Considered in increment in Labor workmen.
3 Labor productivity 7/Jul/19 Internal issues Moderate Major R Mitigate Site Engineer Periodic
ACE /CSR Rate Cost for CSR ii. Continuous Availability of front.
UL approval activities. Iii. Minimise Idling time.
Ins Min Mod Maj Ext
Severity
AC
L x
Probability
Construction
M i. Proper selection and management of
Supplier/Subcontractors Material Suppliers/Labor Stores & Site
4 7/May/19 Likely Major R Mitigate suppliers/sub-contractors. Half Yearly
poor performance Contractor Planning
UL ii. Mutual cooperation
Ins Min Mod Maj Ext
Severity
AC
Probability
L i. Proper selection and management of
M sub-contractors.
Labor
Delayed Mobilisation of Variance in
5 15/Jul/19 Labor Contractor Rare Major R x Nil Mitigate ii. Timely Payment of SC/Workmen Site Incharges Periodic
SC/Workmen Schedule
UL Running Bills.
Ins Min Mod Maj Ext Iii. Proper workmen habitat facility.
Severity
AC x
L
Probability
Executional
M Monsoon Impact Monsoon Impact i. Sufficient equipment(pumps) to be Rainfall Effect ,
Force Majure Identified Monsoon
6 Rainfall, flooding of Site 30/May/19 Almost Certain Minimum R Considered in Considered in Contingency deployed. Site Incharges Register submmitted
during mobilisation. Season
UL Schedule Costing ii. Monsoon Plan for Water Diversion. to client
Ins Min Mod Maj Ext
Severity
AC
L
Probability
i. Giving proper training to the
Executional
M x Being Exposed
Moderate Impact staff/workmen.
Concrete finish ,
7 Rework 10-Jun-19 Internal issues Moderate Minimum R (Around 1-2 days Minimal Impact Avoid ii. Mobilizing authorized/skilled team. Site Engineer Periodic
regular Training is
UL per location) iii. Ensure proper supervision for zero
Imparted
Ins Min Mod Maj Ext deviation in product requirement.
Severity
IIT-HYDERBAD QSF/6.1/F01
PHASE -II
Risk Identification Qualitative Risk Assessment Quantitative Analysis Response Planning Risk Monitoring and Control
Category
Response
Risk Estimated Impact Estimated Impact Date of
Risk
Risk Details Date Identified Source Probability Severity Risk Rating Strategy for Mitigation Plan Risk Owner Status Remarks
ID on Time on Cost Review
Mitigation
AC x
L
Probability
Sample approval from
Financial
Refusal of Client for Cover M i. Optimisation in quantities procured.
Client. Ridgidity of rate
8 10/Aug/19 Block/Grade of Cement Almost Certain Minimum R Mitigate Ii. Convincing the cleint for Month wise, Client Periodic
by agencies already
etc UL Rate approval, Gain client confidence.
worked for Phase-1
Ins Min Mod Maj Ext
Severity
AC
L
Probability
Commercial
Delay in submission / M
collection of Out Standing Internal issues Submission of bills on time with proper Billing Team
9 10/Aug/19 Rare Moderate R x Mitigate Monthly In client MRM
of monthly Running Late Submission of Bills follow up Accounts
Account Bill amounts UL
Ins Min Mod Maj Ext
Severity
AC
L
Probability
Equipment
M x
Variance in i. Continuous coordination & followup with Site Engineer,
10 Equipment Downtime 10/Aug/19 P&M Moderate Moderate R Mitigate Quarterly In CRM,MRM
Schedule P&M team for smooth running of all P&M
UL equipment.
Ins Min Mod Maj Ext
Severity
AC
L x i. Speed limited to 15kmph
Probability
P&M
M ii. Pedestrain walkway provided
Transport Hazard : Run- Operatives working without Engineer/Secti
Safety
iii. Authorized Drivers/Operators only
11 Over-Hitting of pedestrian 14/Sep/19 proper PPE & in restricted Likely Major R Mitigate on Weekly
allowed.
or commuters area UL Incharge/Site
iv. Rear view camera, Delay start
Ins Min Mod Maj Ext Engineer
mechanism & Wheel stoppers.
Severity
AC
Probability
L
M x i. Area Barricated.
Safety
Working ar height - Fall of Operatives working without ii. Access & Egress to workplace is Site
12 14/Sep/19 Moderate Moderate R Mitigate Weekly
Workmen proper PPE provided with stair tower. management
UL iii. Workmen training
Ins Min Mod Maj Ext
Severity
AC
L
Probability
Force Majure
M
External Mock drills to face force majure conditions Site Engineer/
13 Cyclone 16/Oct/19 Rare Minimum R x Mitigate Half Yearly
Natural Disasters and sufficient provisions to face effects Safety Dept.
UL
Ins Min Mod Maj Ext
Severity
AC I. Alround Barrication
L done for project Office
Probability
M x Provision of security in all entries of site and
Material
Lack of proper security
and acquiring contractor's all risk policy, II. Common Entry
14 Theft 14/Oct/19 and Other Agencies Moderate Moderate R Material Cost Mitigate Admin One Time Mitigated
and also barricading the project office Proposed By IITH is
working UL and yard permises protested and
Ins Min Mod Maj Ext Dedicated Entry for
Severity Workmen provided
Review No: 3
Date 10/19/2019
Prepared By Approved By
Planning Engineer Project Director
