Risk Treatment Plan

Risk Indicator /
Risk RRS Risk Heat Index Treatment Plan
Factor
Security Risk Fraud Risk 8.0 High Mitigate
Regulatory Risks 3.6 Low Mitigate
Workplace
Health and 3.6 Low Avoid
Compliance Risk
Safety Risk
Environmental
3.6 Low Avoid
Risk
Supply Chain
3.6 Low Mitigate
Risk
Operational Risk
Spoilage and
2.4 Low Avoid
Defect Risk
Financial and
Liquidity Risk 7.2 High Mitigate
Economic Risk
Customer
Reputational Risk 6.4 Medium Transfer
Feedback Risk
Table 5.3. Risks and Risk Treatment Plan
(See Appendix _ for the basis of Risk Heat Index Classification)

Table 5.3 shows the assessment of the risk indicators by measuring possible extent of severity
and its best corresponding course of action for managing risks.
 Residual Risk Score Classification

The RRS Classification on Table 5.3 is described according to their Risk Heat Index as follows:

RRS Risk Heat Index Impact Description

Low will require continuous
1 to 4 Low assessment and monitoring of
the existing controls

This will require review and

possibly change in certain
5 to 7 Medium
policies that may affect the
operations

Change in certain strategy,

policies and tactics where
8 to 12 High
benefits will be realized and
mitigation may be made

More than 12 Critical Mitigation is highly imperative