HBK Contracting Company W.L.L.

Risks and Opportunities Register

Form Number F 034 Revision 01 dated 06 Aug 2018

Interested Parties

Department / Project: Date:

Frequency of
No Interested Party Needs Expectations Monitored by
Monitoring

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 HBK Contracting Company W.L.L.
Risks and Opportunities Register
Form Number F 034 Revision 01 dated 06 Aug 2018

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 HBK Contracting Company W.L.L.
Risks and Opportunities Register
Form Number F 034 Revision 01 dated 06 Aug 2018

External and Internal Issues

Department / Project: Date:

No Issues - Type Description of the Issues Related Interested Related Process Responsible Person Monitoring Related Risk to the
Parties (Reference) of the Process Frequency Process

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 HBK Contracting Company W.L.L.
Risks and Opportunities Register
Form Number F 034 Revision 01 dated 06 Aug 2018

Risk Assessment

Department / Project: Date:

Pre Mitigation Post Mitigation

Identified Risks and Opportunities Impact Existing Controls Risks Evaluation Mitigation Risks Evaluation

No

Consequences
Consequences
Likelihood (L)

Likelihood (L)
Risk level

Risk level
Opportunities
Effect of Risks / Opportunities on the
Risks Opportunities Current Controls Risk Mitigation (Methodology)

(C)
(C)
organization

Participants

Name of the Process :

SN Name of the Participant Designation Signature

Risk Summary

Pre Mitigation -Risk Level

Total Identified Risk 4 Pre Mitigation Risk Summary -Year
4.5
Total Extreme Risk 1 4
4
Total High Risk 1
3.5
Total High Risk 1
3
Total Low Risk 1 2.5
2
1.5
1 1 1 1
1
0.5
0
Total Identified Total Extreme Total High Risk Total Moderate Total Low Risk
Risk Risk Risk

Risk numbers

Post Mitigation - Risk Level

Total Identified Risk 1 Post Mitigation Risk Summary - Year
1.2
Total Extreme Risk 1
Total High Risk 1 1 1 1 1 1
1
Total Moderate Risk 1
Total Low Risk 1 0.8

0.6

0.4

0.2

0
Total Identified Total Extreme Total High Risk Total Moderate Total Low Risk
Risk Risk Risk

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Risk Assessment
Likelihood Consequences
Level Descriptor Criteria Level Descriptor Criteria
Almost 95% chance of Very little Impact –
A 1 Insignificant
certain happening negligible

Potential Impact, but will

80% chance of
B Likely 2 Minor not affect management
happening
system

Impact that will affect

management system and
60% chance of
C Possible 3 Moderate needs correction to avoid
happening
affecting management
system

Impact that will affect

management system,
30% chance of loss of image and needs
D Unlikely 4 Major
happening major correction to avoid
affecting management
system continuously

Impact that will affect

management system,
5% chance of
E Rare 5 Catastrophic loss of image and needs
happening
to shutdown management
system

Risk Level Risk Level Actions

Consequences Extreme Risk – Risk mitigation is needed
E immediately (Initiate within one Working
Likelihood Insignificant Minor Moderate Major Catastrophic day)
1 2 3 4 5
High Risk - Risk mitigation is needed
A-almost H
High High Extreme Extreme Extreme (initiate within one Week)
certain
B-likely Medium High High Extreme Extreme Medium Risk - Risk mitigation is needed
M
C-possible Low Medium High Extreme Extreme (initiate within one Month)
D-unlikely Low Low Medium High Extreme Low Risk – To be decided if Risk
L
E-rare Low Low Medium High High mitigation is needed or not

5/5