MSC-QHSEF-22

D:01-11-2022
RISKS AND OPPORTUNITY REGISTER R:00

Date: 10-11-2022

RISK
INTERNAL / INTERESTED PRIORITY
SL # DESCRIPTION REQUIREMENT RISK/OPPORTUNITY SEVERITY LIKELIHOOD CONTROL ACTIONS
EXTERNAL PARTY (Low/Medium/
High)

Risk - Lack of productivity Define Job Desriptions for each designations.

The workflow of the organization, including Roles and Resposibilities need to

1 Internal Employees Oppurtunity - Motivate the employees to get 3 2 6
roles and duties assigned to employees. assign for each designations
higher performace through Employee of the Conduct induction for new recruitments.
month award, Promotion

Risk - Lack of productivity, Customer

Complaints
Customers / Oppurtunity - Save additional manpower Preventive Maintenance schedule for all machines and equipment’s
2 Technology out of date Renew out of date technology Internal 4 2 8
Employees requirement and enhance customer and up to date calibration of instruments.
satisfaction

Risk - Reduced income due to prolonged

outage in the case of an interruption in
Provide adequate trainings for all Customers / business continuity Identifying other persons in the organization (employees or
3 Retirement / Resigning of Key Persons level of staff to handle emergency Internal Employees / Oppurtunity - Employees get promotion and 4 2 8 contractors) and specifically training them in the key-person’s
situations Owners increase salary scale domain.

Risk - Financial Fluctuation Procured through Approved Suppliers.

Additional shift of workers as per Customers /
4 Need of subcontracting workers Internal 2 2 4
customer requirement Employees Oppurtunity - Delivering Customer
requirements on time and enhance customer Verify the labors competence and legal requirements.
satisfaction

Risk - Distruption of Business, Fines Maintain Legal Register up to date.

Owners /
All legal and statutory
5 Follow Legal and Regulatory Requirement Internal Shareholders / Oppurtunity - Enhance company reputation 5 1 5
requirements to be followed
Government in the Market Monitor day to day regulations from various ministries through
Websites, Notifications.

Risk - Distruption of Business

Owners /
All electronic data’s should be Shareholders / Oppurtunity - Enhance company reputation
6 Computer Hacking Internal 5 2 10 Scheduled back up and using Anti-Virus protection software’s.
secured Customers / in the Market
Employees

Risk - Lack of Productivity / Customer

Complaints
All employees should be Employees /
7 Knowledge Internal 4 2 8 Annual Training Plan, Tool Box Talks, Awareness Trainings.
competent Customers Oppurtunity - Reduce Non Conformances

Risk - Absenteesm / Fatality

Provide good heath condition to all Internal / Employees / Oppurtunity - Provide good heath condition
8 Pandamic 5 2 10 Follow MOPH guidelines.
employees External Customers to all employees

Risk - Disruption of Business

Make sure that minimum stock is Suppliers / Oppurtunity - Better pricing at the time of
9 Preferred suppliers going out of business Internal 4 3 12 To ensure we have multiple suppliers for the same requirement.
available Customers shortage in the market

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Risk - Disruption of Business

Customers/
10 Customer Satisfaction To increase customer base Internal 5 2 10 Collect feedback, act on it and report it to management.
Owners
Oppurtunity - Corrective action for the
Improvement of customer relationship

Risk - Disruption of Business / Financial

Fluctuations
Make sure that minimum stock is Internal / Suppliers / Oppurtunity - Support local products and To ensure we have multiple suppliers for same items from different
11 Supply Chain Distription enhance national reputation 5 2 10
available External Customers countries.

Identify a need in the industry and satisfy it with a product or

Risk - Disruption of Business
service, Focus on the needs of your customers.

Customers/ Oppurtunity - Identify a need in the industry

12 Competition To reduce the competitor issues Internal and satisfy it with a product or service, Focus 5 2 10
Owners
on the needs of your customers Increase Marketing with new technologies, Strategies.

Risk - Disruption of Business

Oppurtunity - Identify a need in the industry

Internal / Suppliers /
13 Width of Product Range Reduce not moving items and satisfy it with a product or service, Focus 3 2 6 Market Study.
External Customers
on the needs of your customers

Risk - Disruption of Business

Customers / Oppurtunity - Prevent the loss of the cost of
Prevent the loss of the cost of Insure the organization and adequate monitoring for Fire and
14 Fire / Natural Distaster External Employees / infrastructure & products 5 1 5
infrastructure & products Safety.
Owners

Prepared By: Mr. Sarwar Khan - QHSE Rep Approved By: Eng. Hosam Elbatal - General Manager

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