QMS Risk Planning Reister

Revision History

Rev No Rev Date: Details of Change

ning Reister Ref No:

Revision History

Reviewed Approved
Reason for Change Prepared By
By By
 QMS RISK

Description (Identified Risk - w.r.t Intenal

Sr No Process / Activity Existing Controls, If any
and External Issues)
QMS RISK PLANNING REGISTER
Phase - I (Risk Analysis and Treatement Plan)

Risk Score
(Likelihood + Risk Mitigation / Treatement
Likelihood Consequence Risk ID Risk Owner
Consequence) L Plan (If any)
/M/H
 Department
Phase - II (Residual Risk Review) Management Decision

After
Residue Risk
Completion of
Level
Action Review of Acceptable/
Oppertunities If any Responsibility Target Date Likelihood Consequence (Likelihood +
Effectiviness of Unaceptable
Consequence)
the Risk
L/M/H
Mitigation
 MR (System Implementation
anagement Decision of Residue Risk Review of Risk Planning (Period Oct'16 - Dec'16)

If not Acceptable developing

a new risk treatment plan; and No of NC's / Complaints /
Cause Analysis Action Taken
assessing the effectiveness Issues Observed
of that treatment.
16 - Dec'16)

Review of
Resp / Target Date
Effectiviness
 Criteria for Risk Ratings

PROBABILITY OF OCCURRENCE (Likelihood)

LEVEL LIKELIHOOD DESCRIPTION LEVEL

Extremely unlikely. May only occur in

1 Not Likely exceptional circumstances. Has never 1
occurred before.

O Unlikely to occur/re-occur, but possible. S

C 2 Low Likelihood
Occurred less than once per annum. E 2
C V
U E
R
R R
E I
May occur/re-occur, but not definite. Has
N 3 Likely previously occurred once or twice per T 3
C annum. Y
E

Will probably occur/re-occur. Has

4 Highly Likely
happened several time per annum before 4

Continuous exposure to risk. Has

5 Near Certainty
happened before regularly and frequently. 5

Likelihood
Risk Score
(Measure of Risk)
1 2 3 4 5

1 L L L M M

2 L L M M H
Consequence

3 L M M H H

4 M M H H H

5 M H H H H
eria for Risk Ratings

LEVEL OF IMPACT - SEVERITY

PRODUCT QUALITY DELIVERY SCHEDULE COST

Insignificant.
Requires minor rework / reprocess to No impact Minimal or no impact
bring into full conformity.

Minor.
Minor impact. Internal schedule slip. Still
Requires significant rework / reprocess /
able to meet original schedule and Cost increase of < 5%
replacement to bring into full conformity.
quantity.

Moderate.
Extensive rework or remake. Cannot be
Requires minor schedule (< 30 days) or
reworked to meet conformity Cost increase of > 5%
quantity concession from customer.
requirements. Requires customer
concession / approval to "Use as is"
Major.
Requires major schedule (> 30 days) or
Multiple scrapped product / work. Multiple
quantity concession from customer. Minor
product / work require repair to restore to Cost increase of > 10%
impact to Customer production schedule.
acceptable condition. Requires customer
Customer required Milestones.
approval.

Severe.
Unable to deliver parts. Major impact to
All products / work scrapped. Unable to
customer production or program Cost increase of > 20%
produce conforming parts. Unable to
schedule.
obtain required materials or services.

Risk Acceptance Criteria

1. Risk rated as Low can be accepted without any Treatement Plan

2. Risk rated as Medium / High Must be Treated with a Plan

3. Irrepective of Risk Score, If the Consequence Value 4 and above Must be Treated with a Plan

Note : After completion of the Treatement Plan, Risk must be reviewed for the effectiveness of the action and
Residual Risk. Residual Risk Score must be reviewed and accepted or un accepted by the Top Management.
Once in a Quarter, NC's, Complaints, Issues are consolidated by the respective process owners and the Risk
Planning is reviewed with the cause analysis and actions are implemented to mitigate risk. The actions are
reviewed for the effectivess by MR and Top Management