generic risk register final excel
DESCRIPTION
risk register for companiesTRANSCRIPT
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number Stakeholder Type Stakeholder Name
local communities syberian people
ngo UNIESCO
buyer chinaseller russiaother companies competitors government organization government
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Stakeholder Register-Altai Pipeline ProjectInterests Attitude
negative
negative
negativeestablish pipelines from russia through syberia positiveto provide china with more competitive prices for the gas negativeto protect the local people, the natural heritage neutral
preservation of natural heritage and protection of local community living
preservation of natural heritage and protection of local community living
getting gas at minimum prices and get the pipeline through the east cost
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Sensitivity Power Strategy
high medium get them engaged, ask them for possible alternatives
medium medium collaborate and come up with a plan to protect the natural resources
medium high we should get china engaged. inform them about developments. high high inform others about future developments low low no actionmedium medium consultation with the government is very important and to get them engaged.
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get them engaged, ask them for possible alternatives Stakeholder Type
collaborate and come up with a plan to protect the natural resources
we should get china engaged. inform them about developments.
consultation with the government is very important and to get them engaged.
Stakeholder Attitude
PositiveNegativeNeutral
Sensitivity and Power
LowMediumHigh
Strategy Options
Protect and DefendHigh Risk: Get them engagedIncludeCollaborateConsultMonitor and InformInformNo Action
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Project Phase
Identify/acquire people and environment
Explore/Appraise people and environment
Alternative selection environment
Alternative Development people, environment and assets
Execute
Operate people, environment and assets
Decommission asset and reputation
People, Environment, Asset, Reputation?
People, environment, asset and reputation
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Issue Description Opportunity/Threat
opportunity
threat
threat
opportunity
threat
possible explosions, leakage, negative press, demonstrat
threat
threat
The initial identification itself will show the potential threats to the environment and damage to the current heritage which is
frozen under layers of ice
the local community will be resistant to the changes in their local habitat
the pipeline can avoid the syberian region and take the east cost route to avoid destroying the natural resources
the pipeline can be connected to possible european countries’ already established network of pipelines to increase leverage
people will oppose the whole project and possible demonstration, possible environment destruction and asset buiilding as the pipelines are played down, the reputation
maybe damaged due to faulty planning
damage to reputation of the Russian government and loss of billions of dollars worth of assets
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Execution Phase Schedule Risk Register
Risk Title Risk
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gas leakage
threat
high high high high
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earthquake
threat
medium medium medium medium
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human intervention
threat
medium medium high high
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natural calamities
threat
medium high high high
Tracking Number
Threat or Opportunity?
Risk Description (Impact on Project)
Risk Breakdown
Category
Likelihood
Consequence
damage of asset, loss of life and damage to reputation
the local population may damage the assets and destroy the pipeline in protest
natural disasters may damage the assets
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Mitigation (Action) Due DateOwner Assigned
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Categories for Risk Breakdown Structure (RBS)
RBS Categories RBS Descriptions
PROJECT OBJECTIVES
Objective Description Target 1 Target 2 Target 3 Target 4
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Risk Input Validation Checklist
1. Does everyone agree that this is a current or future risk (as opposed to expired or mitigated)?2. Does the risk have a crisp title and a snappy description?3. Does the risk description start with an impact and include a driver?4. Does the risk description isolate only one driver?5. From the description, can criticality be readily assessed?6. Can specific actions be assigned, and their subsequent risk reduction be determined?7. Is there an owner assigned to further assess as required and respond to this risk?8. Is there a time frame for the action to be taken by the risk owner?
Source Risk Information Sources
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Categories for Risk Breakdown Structure (RBS) PROJECT PHASE
PROJECT OBJECTIVES
Target 5 Target 6
Activity Group
Activity Descriptions
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Risk Input Validation Checklist
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PROJECT PHASE Consequence Risk Assessment Criteria Symbol
Identify/Acquire VHExplore/Appraise HAlternative Selection MAlternative Development LExecute VLOperate Decommission
Consequence Risk Assessment Criteria Symbol
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Consequence Risk Assessment Criteria Symbol
ExampleVH Cost Impact >50MM$, schedule delay of > 6 months VH Very HighH Cost Impact 25-50MM$, schedule delay of 3-6 months H HighM Cost Impact 10-25MM$, schedule delay of 1-3 months M MediumL Cost impact 5-10 MM$, schedule delay of 2-4 weeks L LowVL Cost Impact <5MM$, schedule delay of <2 weeks VL Very LowNot specified
R Risk Any event, which, if it happens could have a negative or positive impact on one or more of the project objectivesU Uncertainty An event without an identified impact or consequence T Threat An untreated risk with a negative impact on the objectives of the project or phase of the projectO Opportunity An untreated risk with a positive impact on the objectives of the project or phase of the projectM Mitigated An event that has been treated, but that some residual risk may remain
Consequence Risk Assessment Criteria
Likelihood Risk Assessment Criteria Symbol
Likelihood Risk Assessment Criteria
Uncertainty, Threat or Opportunity?
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Consequence Risk Assessment Criteria Symbol
Percentage Description>80% Occurs frequently on our assets50-80% Has happened in Central Asia, occurs frequently 20%-50% Has happened in CNPC, sometimes occurs5-20% Has happened in Pipeline industry, rarely occurs in projects0-5% Insignificant. Almost never occurs
Any event, which, if it happens could have a negative or positive impact on one or more of the project objectives
An untreated risk with a negative impact on the objectives of the project or phase of the projectAn untreated risk with a positive impact on the objectives of the project or phase of the projectAn event that has been treated, but that some residual risk may remain
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