SAMPLE OF RISKS & OPPORTUNITIES ASSESSMENT

No Process Risk Severity Likeli- Result Action / PIC / Time Frame Evaluation of
hood Effectiveness

1 Sales & Marketing  Competitors in the market S2 L4 M Action Effective

 Low market demand S2 L3 M  Continuous serving of existing customer and

marketing activities to increase market demand
 Poor customer service S2 L2 M
 Enhance customer service knowledge and skills of
sales personnel

PIC

 Operations Director and sales personnel

Time Frame

 From time to time

2 Selection of sub-  Low availability of subcons S2 L2 M Action Effective

contractors
 Fluctuation in construction S2 L4 M  Review and monitor approved vendor list
materials cost
 Keep updated materials pricing estimates listing
 Non performance of subcons
S2 L2 M  Increase margin during quotation

PIC

 Director

Time Frame

 Quarterly
SAMPLE OF RISKS & OPPORTUNITIES ASSESSMENT

3 Operations  Delay in work progress S3 L3 M Action Monitoring

deadline
 Ensure sub contractors adhere to work schedule
 Poor coordination with
subcons S4 L2 M  Ensure proper monitoring by project personnel

 Daily toolbox meetings with site personnel

 Progress report with management weekly

PIC

 Project team

 Management

Time Frame

 From time to time

4 Accounts  Difficulties in payment S4 L5 H Action Effective and

collection from clients in progress
 Follow up regularly

 Utilize CIPA Act

PIC

 Accounts Department

Time Frame

 According to work schedule

Opportuniy Analysis

No Process Opportunity Action / PIC / Time Frame Evaluation of

SAMPLE OF RISKS & OPPORTUNITIES ASSESSMENT

Effectiveness

1 Payment Collection CIPA Act In cases of payment delay or refusal to pay, company shall exercise CIPA Not yet exercise
Act the act

2 Networking / Relationship Good relationship with sub contractors & Actively maintain good relationship and seek to improve relations Effective
consultants

3 Quality of services Further improve customers confidence in Provide on job training of relevant employees Effective
service quality

4 Management Implementation of Quality Management Comply with ISO9001:2015 standards Effective to

System prepare for future
projects

*CIPA Act = Construction Industry Protection Adjudication Act

Prepared by:
Date :