M04

RISK MANAGEMENT
Assessment Paper
DIRECTION TO THE CANDIDATE:
1. This Assessment Paper (AP) is to assess your performance on ability to identify FM
project risk, prepare risk mitigation plan, implement risk mitigation control and
develop business continuity plan (BCP) procedures. Please complete the assignment
below within 14 days.
2. Carefully review the submission checklist and contact your resource person for
consultation. You must complete all steps satisfactorily within the time given.
3. Submit complete AP (in Softcopy PDF format). No mark will be given to late submission
hence will be given Not Yet Competent as result. Passing mark is 70%.
4. Range number of pages and the minimum contents of AP are recommended as follows:

Report Content Minimum Number of Page

Cover Page 1 page
Executive Summary 1 page
Project Background 1 page
Report 5 pages
Conclusion 1 page
TOTAL: 9 pages
5. Your report font must be Calibri, and the font size must be 12.

ASSESSMENT QUESTION:
Auxi FM is a facility management contractor of 32-storey building at a contract sum of RM 10
million for 3 years (you may create your own project background). The contractor is preparing
the Risk Management Plan to assure that business objectives and goals does not affect by the
uncertainties that may occur within the business processes and activities.
Among the risks foreseen for this contract are internal factors, such as the adoption of a new
technology, team members that are new to the facility management, resource constraints and
internal dependencies. Additionally, the risk also considering the external factors, such as the
health of the financial markets, competitive pressures, legal liabilities and accidents.
You are the Facility Management Manager for Auxi FM are to prepare Risk Management Plan
(RMP) which covered:
1) Identification of FM Project Risk
2) Preparation of Risk Mitigation Plan
3) Implementation of Risk Mitigation Plan
4) Preparation of Business Continuity Plan