Professional Documents
Culture Documents
Capacity/Sales/ Reduction in
Shareholder Value Best Practices
Turnaround time waste/ cost
required? Yes or No
Acceptable? Y/N
Significant? Y/N
If unacceptable,
Related
(retain risk)
next action
Internal/ Description Actual
Shelved
Verifed
Rating
Rating
Risk Source or Current Control/ Related Date
Open
Planned
External of Risk/ R/O Consequence Action Process Resp
Date
Completion Results
No Cause Existing Situation document Closed
Issues or Opportunity Date
Requirements
Significant? Y/N
Related
Internal/ Actual
Shelved
Verifed
Rating
Risk Description Date
Open
Planned
External R/O Consequence Action Process Related document Resp Date
Completion Results
No of Risk/Opportunity Closed
Issues or Date
Requirements
required? Yes or No
Consequence
Consequence
Acceptable? Y/N
If unacceptable,
Significant? Y/N
Likelihood
Likelihood
Related
Date Closed
(retain risk)
next action
Risk
Risk
Internal/ Description Actual
Shelved
Verifed
Risk Current Control/ Risk Related Risk
Open
Planned
External of Risk/ R/O Source or Cause Consequence Action Process Resp
Date
Completion Results
No Existing Situation Grade document Grade
Issues or Opportunity Date
Requirements
C L CL C L CL
Significant? Y/N
Consequence
Likelihood
Related
Risk
Internal/ Actual
Shelved
Verifed
Risk Description Risk Date
Open
Planned
External R/O Consequence Action Process Related document Resp Date
Completion Results
No of Risk/Opportunity Grading Closed
Issues or Date
Requirements
C L CL
C. Risk/Opportunity Grading
Consequence
VL (1) L (2) M (3) H (4)
R (1) E(1) E (2) E (3) D (4)
L (2) E (2) D (4) D (6) C (8)
Likelihood M (3) E (3) D (6) C (9) B (12)
H (4) D (4) C (8) B (12) A (16)
VH (5) D (5) B (10) A (15) A (20)
D. Acceptance Criteria
Conse-
quence x
Grade Action
Likeli-
hood
C (8-9) Action to be done if there is available resources, or when no higher Grade exist
Capacity/Sales/ Reduction in
Shareholder Value Best Practices
Turnaround time waste/ cost
Opportunity
Minimal chance of success within next 12-24 months
sting procedure 0-25% chance of success within next 12-24 months
existing procedure 50-75% chance of success within next 12-24 months
ssible mitigate procedure 50-75% chance of success within next 12-24 months
>75% chance of success within next 12-24 months
VH (5)
D (5)
B (10)
A (15)
A (20)
A (25)
Significance
Significant Risk/
Opportunity
Non-Significant
Risk/Opportunity
Examples of Risks
Compliance obligations
Reputation
Operational
Contractual
Market or Commercial
Project management
Safety
Stakeholder management
Client/customer relationship
Strategic direction
Technology
Market Risk
Credit risk
Procurement
Politics
Internal governance
Personnel
Examples of Risks
Description of Risk/Opportunity
Cash flow, budgetary requirements, tax obligations, creditor and debtor management, remuneration and other general account
Extends to equipment used to conduct the business and includes everyday use, maintenance, depreciation, theft, safety and u
Relates to the internal requirements of a business, extending to the cultural, structural and human resources of the business.
Includes the business premises, assets and people. Also extends to security of company information, intellectual property, and
Includes legislation, regulations, standards, codes of practice and contractual requirements. Also extends to compliance with ad
procedures or expectations, which may be set by contracts, customers or the social environment.
The threat to the reputation of the business due to the conduct of the entity as a whole, the viability of products/services, or the
associated with the business.
Covers the planning, daily operational activities, resources (including people) and support required within the a business that re
and delivery of products/services.
Meeting obligations required in a contract including delivery, product/service quality, guarantees/warranties, insurance and othe
performance.
Relates to the delivery of services, including the quality of service provided, or the manner in which a product is delivered. Inclu
sales service.
Includes risks associated with market placement, business growth, product development, diversification and commercial succe
products/services, extending through establishment, retention, growth of a customer base and return.
Includes the management of equipment, finances, resources, technology, timeframes and people involved in the management
operational projects, business development and external projects such as those undertaken for clients.
Including everyone associated with the business: individual, workplace and public safety. Also applies to the safety of products/
Includes identifying, establishing and maintaining the right relationships with both internal and external interested parties
Potential loss of clients due to internal and external factors.
Includes the planning, scoping, resourcing and growth of the business.
Includes the implementation, management, maintenance and upgrades associated with technology. Extends to recognising crit
particular service/function for an extended period of time. It further takes into account the need and cost benefit associated with
development strategy.
Change in currency exchange, international competition
Credit terms, limit, debt collection
Supplier relationship, ease of sourcing, assurance provided by supplier
Stability/instability of the political situation, government policy
Control by corporate, competence, independence of decisin making
Competence, language, teamwork, organizational structure, communication issues