Risk Register

Vallacar Transit Incorporation

Prepared by: Group 3

Date: December 2022

Ref. Risk Description Controls/Actions already Further Actions Required Date when

Risk Owner
# in place further actions

Likelihood
Weighing
will be in place

Impact

L/M/H
1 Health & safety risk 1) Proper training for 4 4 16 H 1) Preoperational January 1, 2023
workers. checks
1) Failure to recognize
changing environmental 2) Chemicals are 2) Standard Operating

Driver
and road conditions, labelled and Procedures
accidents, or reduced disposed in
visibility due to driver’s appropriate
inattention and containers and the
complacency. use of personal
2) Health Safety protocols on protective 3 3 9 M
the effects of COVID equipment

Operations Manager
3) Manual handling hazards 3) implementing health
on welding, other safeguards to
equipment and the protect passengers
storage, handling and and bus personnel
disposal of used (wearing of
chemicals like paint and facemask)
other chemicals.
2 3 3 9 M 1) Inside the bus, there February 2023
Staff/members acting in an 1) When staff must be enough
unethical way members are found cameras and
guilty or responsible recorders to keep an
1) Tickets for short routes for this kind of eye on or monitor
are typically not issued action, disciplinary the conductors'
by bus conductors. measures are given behaviors and
such as three days’ practices.

Operation Manager
2) Senior citizens, students,
suspension.
and people with 2) All employees are
disabilities (PWD) are not made aware of and
always given or grant a given instructions
discount by the bus about the company’
conductors. code of conduct.
3) Bus conductors
frequently pocket the
change instead of
returning it.
The company’s reputation may
be damaged by the said
unethical actions.
3 Poor operational services
1) Numerous cases of
insufficient to no change
of conductors to the
customers resulted in the
risk of broken trust and
loyalty. Moreover, some
staff exert minimal effort
in their jobs to the point
that it results in low-level
satisfaction and little
impact on the overall
operation of the
business. Such action
leads to the risk of
damaging the image and
operation of the
business.
1) Disciplinary actions 2 4 8
such as a three-day
ban are given to
drivers, conductors,
employees, or staff
caught and proven
guilty of such acts.
M 1) Every month the February 2023
quality control team
should check each
department in the
business to determine
if they are giving its
best to provide quality
service to consumers.
Operations Manager
2) The company will
generate a cashless
payment transaction
through e-payments
3) All buses should have
at least 1 cctv inside
for monitoring
purposes.
.
4 Fraud/Theft
1) Employees that
wrongfully deceit the
company for financial gain
is a risk that needs to be
controlled.
2) Recovering tools within
the premises of the
company without
permission is threat that
have to be face by the
company.
Con man within the company is
a possibility when qualifications
are not tight.
5 Staff Skill Levels
1) Lack of knowledge on
using new materials,
equipment, or technology
that are required for a
new type of bus or for
enhancing an existing
bus from overseas.
Risk Weight Values
1) automatic 5 3 15 M 1) Strict screening of March 2023
termination became employees must be
the management's implied.
method to prevent
continued theft/fraud
Operation Manager
2) Daily maintenance of
tools and equipment.
2) In order for fairness,
the management will
conduct the hearing 3) More inspectors in
and further different areas.
investigation in case
there is a suspected
theft/fraud
happening.
1) manuals from the 3 2 6 L No further action is None
Automotive Mechanic
foreign technology considered necessary at
that required to be this time
examined
2) workshop for the
new items acquired
by the company
3) test run within the
place
16+ = High Level Risk
= Medium Level Risk
8-15 = Low Level Risk
0-7