RISK Plan

Project Name: Project Manager:

Bus Stations-PLS009 Yasser Al Sheikh Description Received By Description of Risk Investment Requirements are not clear due to lack of involvement from investment department Operational Requirements subject to change by end users Benefits are not quanitfied Time schedule is not sufficient for Satwa Station Likelihood Rating Impact Rating Priority Rating 4Ts Preventative Actions Preventative Actions Action Resource Action Date Contingency Actions If no response - Inform stakeholders of freezing requirements

Summary ID Date Raised Raised By

1.1 1.2 2.1

07-05-07 07-05-07 07-05-07

KH KH KH

YA YA YA

100 60 80

80 40 80

90 50 80

Prepare letter by CEO to PTA & investment dept asking for investment Transfer requirements & Benefits
Prepare procedure for handling Transfer end-user changes

YA PMO

09-May 14-May

Transfer Same as 1.1 Prepare a detailed time schedule Prepare a more accurate budget

Same as 1.1 Escalate to top management and receive decision Escalate to top management and receive decision

3.1

07-05-07

KH

YA

80

80

80

Treat

YA/PMO

30-Jun

4.1 4.2

07-05-07 07-05-07

KH KH

YA YA

Budget overrun may occur Possible flactuation in Material prices

80 60

80 20

80 40

Treat

YA/PMO YA

30-Jun 30-Jul

Transfer Lump-sum contract

Conduct workshop w/ consultant, C&P and PMO to Terminate select tender scenario

6.1 6.2 7.1 7.2 8.1 10.1 11.1

07-05-07 07-05-07 07-05-07 07-05-07 07-05-07 07-05-07 07-05-07

KH KH KH KH KH KH KH

YA YA YA YA YA YA YA

Contracting Scope is not clear Problems with Constructability Project issues with external parties are not resolved on time Project issues with internal parties are not resolved on time Possibility of not finding suitable contractor
Lack of communication procedures results in project issues Lack of work allocation guidelines may result in resource overload

40 80 60 60 60 80 40

60 80 60 40 70 70 90

50 80 60 50 65 75 65

YA/PMO YA/PMO PMO PMO YA PMO PMO

15-Jul 01-Jun 15-Jun 15-Jun 31-5 15-7 01-Jun 01-Jun Conduct another workshop
Escalate issue through Director/CEO/Chairman Escalate issue through Director/CEO/Chairman

Conduct VE workshop Prepare procedure for handling NOCs Treat Prepare SLAsand issue escalation matrix Treat - Prequalify contractors Tolerate - Pre-tender meeting Prepare communication procedure and plan Treat Prepare dept work allocation guidelines Treat Treat

or Direct Award
Escalate issue through Director/CEO/Chairman

- Redistribute work load - Hire new staff

Prepared by: Project Manager

Reviewed by: Projects Advisor

Approved by: Department Director