Doc No TEDI/IP/01 Rev 00 03.01.

18 RISK EVALUATION - Competitor

EXPECTATIONS NEEDS IMPACT Current Controls
Interested RISK Sev CLA CAUSE Prob
Risk Additional
Resp Target Contingency Plans
Party SS Rating Actions
INTERESTED PARTIES TEDI Negative Opportunity Prevention Detection

Customer If the issue is Incoming,

Quality of our product to be Dissatifaction resolved, there Poor quality of part Inspect material Patrol and
Loss of business will be a 4 D in absence of 2 8
poor in case of development of monitoring at every stage Final
quality new parts Inspection

If the issue is
resolved, the Sales
business Less Marketing skill Marketing to be Performance
strengthened and
Low Business Low Revenue No order, Nil Production standard will be 4 D and Quality achieve nil & Customer 1 4
increased and Complaints complaints complaint
Competitor

getting more Register

revenues
If the issue is
resolved, there
Less growth No new Cannot able to achieve will be 4 D Not having any R&D R&D team to be New Orders 2 8
order benchmark enormous Skills strenghened
growth in the
industry

Quality of our
product to be poor, - High revenue - D - - - - -
Low Business, Less
growth

Classicifactio
SEV - Sevirity of optimal effects of failure OCC - Probability of Occurrence ( Of Potential effect ) DET - Detection ( Detectability of failiure by current control )
n
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failures 10 - Almost impossible
8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote
6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failures 7 - Very low , 6 - Low
5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate
3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High
1 - None 1,2 - Very high

Page 1 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION - Employees
EXPECTATIONS NEEDS IMPACT Current Controls
Interested CLA Risk Additional
Party RISK Sev SS CAUSE Prob Rating Actions Resp Target Contingency Plans
INTERESTED TEDI Negative Opportunity Prevention Detection
PARTIES

Retention of No periodic review Regular

Not as per employee,Can wrt similar industry handsome
Higher industry Low Morale/attrition/ extract more 4 D salary structure/ increment/ Performance 2 8
remuneration standard Attitude issues and quality fiancial status of the Awards and appraisal
work company rewards

Employee Offering safety Photos

Inadequate dissatisfaction leading More Indifferent attitute of equipments/ Showing
Welfare involvement, 4 C management and Planning for workers 1 4
welfare to less involvement/
Employees

deteriation of health good health superiors master health wearing safety

checkup equipments

Demotivated -
Growth No defined attrition / substandard Retention of 4 D Attitude issue, Lack Promotion at Performance 2 8
growth plan performance/ employee of interest regular interval appraisal
Stagnation

Not upto Deficiency in meeting Will result in Inadequate training /

Performance the level of customer & more business 5 D job description/Lack Training plan Training 1 5
expectation organizational thereby more of motivation by Record
requirements revenues higherups

Classicifactio
SEV - Sevirity of optimal effects of failure OCC - Probability of Occurrence ( Of Potential effecDET - Detection ( Detectability of failiure by current control )
n
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failures 10 - Almost impossible
8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote
6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failures 7 - Very low , 6 - Low
5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate
3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High
1 - None 1,2 - Very high

Page 2 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION - Stake Holders
EXPECTATIONS NEEDS IMPACT Current Controls

CLASS
Interested RISK Sev CAUSE Prob
Risk Additional
Resp Target Contingency Plans
Party Rating Actions
INTERESTED PARTIES TEDI Negative Opportunity Prevention Detection

Market downtrend and

Strategies
Volume of business Low volume Stake holders 5 D low productivity, depending on the Half yearly review 2 10
withdrawal negativity profitability
market conditions
out of investment

Risk assessment
Stake Holders

prior to quote /
Profitability Low / no Stake holders 4 D Higher production cost acceptance of Risk assessment 1 4
profitability withdrawal and lower selling price. Order, Reduce report
production cost
substantially

Financial No Not building

Operational constraint 5 D confidence on future Periodic meetings Half yearly review 1 5
investment / adequate prospects motivating
support support
further investments

Classicifacti
SEV - Sevirity of optimal effects of failure OCC - Probability of Occurrence ( Of Potential effect ) DET - Detection ( Detectability of failiure by current control )
on
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failures 10 - Almost impossible

8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote

6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failures 7 - Very low , 6 - Low

5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate

3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High

1 - None 1,2 - Very high

Page 3 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION-Government

EXPECTATIONS NEEDS IMPACT Current Controls

Interested Risk Additional

class
RISK Sev CAUSE Prob Resp Target Contingency Plans
Party Rating Actions
INTERESTED PARTIES TEDI Negative Opportunity Prevention Detection

Fund flow issues Sufficient internal & external

Timely remittance Not on time Penalities, interest, Peaceful working 5 C finance audits 2 10
and non allocation budgetory
of tax legal hurdles environment for remittances allocations Reports from finance
on status
Government

Compliance to Peaceful working

No defined Tracking Periodic interaction
statutory/ Non Penalities, legal environment, 5 C 2 10
regulatory /legal compliance hurdles Saves lot of time tracking mechanism with PF / ESI / TDS
mechanism established departments
reqmts and energy

OCC - Probability of Occurrence ( Of

SEV - Sevirity of optimal effects of failure Classicifaction DET - Detection ( Detectability of failiure by current control )
Potential effect )
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failu 10 - Almost impossible

8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote

6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failure7 - Very low , 6 - Low

5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate

3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High

1 - None 1,2 - Very high

Page 4 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION - Suppliers
EXPECTATIONS NEEDS IMPACT Current Controls
Interested CLA Risk Additional
Party INTERESTED RISK Sev SS CAUSE Prob Rating Actions Resp Target Contingency Plans
TEDI Negative Opportunity Prevention Detection
PARTIES

Not keen to do not Happy with Increase sales.

business,Tends to Inflow of raw quality. Low orders Negotiation for Supplier evaluation
Volume of Low increase price / no material will 4 D from buyers. better pricing. reports / approved 2 8
business volume volume discounts increase resulting Identifying lot of Instill supplier listing
resulting in increase in timely delivery suppliers confidence in
cost suppliers.

Non shipment
resulting in project Cash flow issues
Timely Delayed delays Bringing back the Low bank limits Fund flow Days outstanding
payment payment Penalities if confidence will 5 D Non payment by management monitor 2 10
applicable, supplier boost relationship. customers
not keen to do Project on hold
further business

Rework resulting in Improper selection of

Supplier

Company good Purchase order

Quality of Defects / delay, wiill will increase supplier Purchase Order terms, quality
product quality Customer thereby getting 6 C Requirements not to supplier requirements, 1 6
issues complaints / Quality more orders clearly stated / incoming inspection
issues reviewed

Timely delivery Delay in scheduling to Purchase orders

hels us plan our supplier/ lead time Meticulous
Timely Delayed customer despatch schedule 4 C not realistic, non follow up with Supplier 3 12
delivery dellivery dissatisfaction thus keeping compliance to suppliers performance
buyers in good payment terms, evaluation
humour improper followup

Either profit will go

Higher the Product up substantially or Increase in fuel To explore
Competitive Higher cost lure more buyers 6 D prices,wages.Poor alternate Estimation of 2 12
price price Lesser the profit with better monsoon, alternate sources always comparitive quotes
pricingq sources not identified.

Classicifac
SEV - Sevirity of optimal effects of failure OCC - Probability of Occurrence ( Of Potential effeDET - Detection ( Detectability of failiure by current control )
tion
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failures 10 - Almost impossible

8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote

6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failures 7 - Very low , 6 - Low

5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate

3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High

1 - None 1,2 - Very high

Page 5 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION - Customer
EXPECTATIONS NEEDS IMPACT Current Controls
Interested RISK Sev CLA CAUSE Prob Risk Additional Resp Target Contingency Plans
Party INTERESTED TEDI Negative Opportunity SS Prevention Detection Rating Actions
PARTIES

1. Lack of
1. Customer understanding 1. Customer Order
Review
dissatisfaction Can do more customer
Defects in 2. Loss of profit / new business, requirements Eliminate at 2. incoming inspection
3. Supplier evaluation
Quality of business more 4 D 2. Lack of process incoming stage 2 8
Finished 3. Cancellation of customers controls and during patrol / performance
monitoring records
components Orders and higher 3. Deficient supplier inspection
4.Deduction of revenue selection process & 4. Internal audit /
Management review
Quality of VTS payments control
- records
& SLD

1. Lack of trained
Reducing profitability Can bring Clear cut
Deficient Customer back the personnel communication Training Record
quality of 3 D 2. Lack of co- 2 6
dissatisfaction confidence to all interested Regular review
service Loss of new business in buyers ordination among parties
various department
Customer

To communicate
More
Customer exact time of
On time - Delayed dissatisfaction business, 5 D Improper planning of delivery. After Interoffice 3 15
delivery delivery Goodwill will schelude and material Communication
Loss of new business Consulting plant
improve incharge

Can rope in More overheads. Cost To cut down

Loss of business, loss more buyers
Competitive - Higher price 6 D of raw material goes unneccesary cost. - 1 6
price of market share, by offering up. Production cost To reduce
Loss of orders. better
becomes higher wastage in plant
pricing

Increased 1. Improper invoicing 1.Regular Review

Cash crunch affecting cash flow 2. Non closure of of invoice
Payment on Delayed operations and may will help pending issues with 2. Sorting out old Payment outstanding
- time as per PO 5 D 2 10
Terms payment result in delayed procuring customer issues by way of follow-up system
delivery more raw 3. Inadequate followup CN
material for timely payment 3.Regular Flow up

SEV - Sevirity of optimal effects of failure Classicifaction OCC - Probability of Occurrence ( Of Potential effect DET - Detection ( Detectability of failiure by current control )
9,10 - Hazardous without warning A' Catastropic result in loss of life 9 - 10 - Very High : Persistent failures 10 - Almost impossible

8 - Very high , 7 - High B'Critical result in a major loss to life or property 7 - 8 - High : Frequent failure 9 - Very remote , 8 - Remote

6 - Moderate c' Minor result in a minor loss to life or property 4 - 6 - Modeate : Occasional failures 7 - Very low , 6 - Low

5 - Low , 4 - Very low D' Minor it doesn’t done loss to life or property 2 - 3 - Low : Relatively few failures 5 - Modeate

3 - Minor , 2 - Very minor 1 - Remote : Failure is unlikely 4 - Moderately high , 3 - High

Page 6 of 8
 Doc No TEDI/IP/01 Rev 00 03.01.18 RISK EVALUATION - Customer
EXPECTATIONS NEEDS IMPACT Current Controls
Interested RISK Sev CLA CAUSE Prob Risk Additional Resp Target Contingency Plans
Party INTERESTED TEDI Negative Opportunity SS Prevention Detection Rating Actions
PARTIES
1 - None 1,2 - Very high

Page 7 of 8
 CONTEXT OF THE ORGANIZATION

COMPETITIORS
EMPLOYEES
INTERNAL

TEDI India
Pvt Ltd
CUSTOMERS

SUPPLIERS/ SUB-
CONTRACTORS/
GOVERNMENT LOGISTICS
AGENCIES (GST, TDS, IT,
Water & Air tax,
Polution control, Fire
servises, PF/ESI etc)
EXTERNAL
OPERATIONS

REV: 00 / 03.01.2018 Approved by: