Project

Current Residual
Main Decision Linked
Risk / Prevention Actions Main Action
Theme Risk (or Opportunity) Event Consequence (Impact) Risk Mitigation Actions Action (accept residual risk

TECOP
Opportunity (& Opportunity Realisation) Party
Party at …)
L M H L M H

Due to the stringent Mile Stone Payment

schedule STS is facing a severe financial Financial Crunch may cripple the
Risk Negative Cash flow crunch. efforts from STS side to complete the PDO Amend the Milestone Payment Breakup
Even after completing 90% of the Milestone project in time.
the whole payment is held up.

Penalties on milestone completion will

To avoid Penalty work should be completed in time by good
have a huge impact on the already
Penalties  and Penalties on milestone completion and Project Managemnt.
Both affected cash flow while incentives can PDO/STS
Incentive incentives on earlier completion. PDO should announce incentive if work completed ahead of
help STS to put in an increased effort
schdule
to complete the project in time.

As per Tebodin's Comments tip is required to

be painted with thermal aluminium paint but Delay in manufacturing & subsequent Previouly supplied tips are without thermal aluminium paint &
Risk Flare Tip STS
as per PDO thermal aluminium painting is not delivery of tip at site. Vendor is confident that painting is not required.
really required.

Delay in approval process of drawings

PDO is insisting in reviewing the documents
Comments Post which may delay the manufacturing & During approval of the drawings from Tebodin, issues were
Risk which was already approved by Tebodin in STS
Code A Approval Subsequently overall project discussed with PDO then Code A was issued by Tebodin.
Code A
completion

As per Contract STS need to do only

updation of the existing documents on HSE
Delay in completion of HSE studies and
Risk HSE Studies Studies, however some of the documents
subsequent delay in Prestartup.
were not included in the Feed which STS had
to prepare.

Close Out of HSE

Risk Delay in close out of HSE Studies Delay in Prestart Up Audit PDO PDO's cooperation in closing out of the documents.
Studies

Unavailability of Unavailability of PDO TA2 to sign off the

Risk Possible delay in Prestart Up Audit PDO PDO to advise on the way forward to get it signed off.
PDO TA2 Statement of Witness

Delay in execution of works and

Review & approval of documents is PDO & STS QC team to work hand in hand to reduce the time
Risk Document Review subsequent delay in substantial PDO/STS
consuming more time taking to get the documents approved
completion

Instructions should be given to Site inspectors to close the A-

Site inspectors are delaying the closing of A- ITR's within a specific time of submission and if possible to
Risk Closing of A-ITR Delay in Substantial Completion PDO
ITR's transfer the outstanding points in the A-ITR to B-ITR Punch list
so that a lot of time can be saved

Impact on Scheduled end date of the

Lube Oil Cooler Delivery of SS Piping Material ,Fittings & Expedite the delivery of the materials and look into the
Risk project as Lube Oil Cooler Piping is STS
Piping Valves possibilities of airlifting the materials.
driving the project.
Impact on Schedule as closed drain
Delivery of 36" CS Pipe & Fittings. Duration of
system needs to be commissioned in
delivery of the item is too long owing to the
Risk Closed Drain Piping priority basis for commissioning of the STS Expedite the delivery of the material.
HIC requirements and various stage wise
other systems as per commissioning
inspections
sequence.
Impact on Schedule as a considerable
Long duration delivery of CS Materials due to
Risk CS Piping Materials quantity of CS pipes are required to be STS Expedite the delivery of the materials.
HIC requirements and other certifications
PE lined or ROTO lined.

Design got freezed recently, still waiting

Risk Materials for FG line Delivery of Materials for nely added FG line STS Look into the availability of material in stock
for the MTO

PDO has already given the probable Exworks delivery dates of

Delivery date of ESDV at site may
Risk ESDV Delivery of 2" ESDV for FG line PDO ESDV's which is in a higher side. Look into the possibility of
affect the schedule completion date
airlifting the ESDVs to avoid further delays.

Delivery of Topup Vendor is being asked to improve on the delivery schedule

M/s Virgo is quoting a very long duration for
Risk Quantity of Valves Delay in completion of the project STS however due to packed schedule they are not committing to
the supply of the valves
(34 Nos) any improvement on the supply of items.
 Current Residual
Main Decision Linked
Risk / Prevention Actions Main Action
Theme Risk (or Opportunity) Event Consequence (Impact) Risk Mitigation Actions Action (accept residual risk

TECOP
Opportunity (& Opportunity Realisation) Party
Party at …)
L M H L M H

OSDR 01 to 06 raised by STS regarding the

Urgent action to be taken to supply the short supplied item to
Risk OSDR short supply of Vendor items of Free Issue Impact on Completion of the project PDO
site.
materials is pending for a long time

Pending Free Issue Vendor documents are stil pending to be PDO's urgent intervention required to expedite the issue as this
Risk Impact on Completion of the project PDO
Vendor Documets received for free issue materials is pending for a long time.

Requirement of new & unwarranted reports

Risk Client Inspectors Clearance of Punchlists PDO Standard practice to be followed
for punchlist clearance

Risk Pre-Start Up Audit Duration of Prestart Up Audit Completion of Project PDO Optimize the duration of Prestart up audit

Impact on schedule as considerable

Risk Permit to Work Implementation of PTW after Energisation time will be taken to obtain permit from PDO
PDO

Frequently occuring sand storms are affecting

Risk Sandstorms the progress of the work at site and as of now Impact on Schedule
has stoppedwork for more than 10-12 days.

On-Off valves are long lead items. This may - Meeting with PDO project team & function for any Vendor
AP Flare (On-Off
Risk adversaly affect the entire project completion, Impact on Schedule other alternative. (ADOR / - XTREM PTFE material testing at 266.5°C. METSO
valve)
if On-Off valves are not delivered in time. - Expediting meetings, teleconferance with vendor. METSO)
1 - 4 Gre n Periodic As es ment
Periodic As es ment PM
 5 5 10 15 20 25
4 4 8 12 16 20
3 3 6 9 12 15
2 2 4 6 8 10
1 1 2 3 4 5
1 2 3 4 5

Risk Severity Color Response Strategy Authority

> 20 Red Proactively Manage RTD
10 - 19 Orange Active Attention and Preparation DE
5-9 Yellow Monitor Actively PM
1-4 Green Periodic Assessment PM
 Authority
RTD
Preparation DE
PM
nt PM