FM-113/00/20/05/16

INSTITUTE FOR AUTOPARTS AND HANDTOOLS TECHNOLOGY, LUDHIANA

RISK ANALYSIS

Ris
k#

1
2

3
4

NDT

Description
(Defined Risk)

Likel
yhoo
d (15)

Severity
(1-5)

Level of
Control
(1-5)

Significance =
(Severity +
Likelihood +
Level of
Control)

Priority
Ranking
(Based on
significance)

Risk Mitigation
( Resolution) Action
Plan

Due Date

Responsibility

Status

Receipt of
Order and
Material

Mismatch of
Code and
Decode

Training of staff
and Review of
Results

On each
order

HOD

In Process

Testing
Process as
per SOPS

Wrong
Analysis/Wrong
calculation

Training of staff
and Review of
Results

On each
order

HOD

In Process

Typographic
Mistakes

On each
order

HOD

In Process

As per Plan

HOD/ADMN.

In Process

Handover
of sample
and results
Radiation
Hazards
Likelihood

1
Very
unlikely
2
Somewhat
likely
3
50/50
Chance
4
Highly
likely
5

Nearly
Certain

Severe Personal
Injury
Severity
Minor impact
on cost,
schedule,
performance,
etc.
Moderate
impact on cost,
schedule,
performance,
etc.
Significant
impact on
project
baselines
Very significant
impact on
project
baselines
Disastrous
impact,
probable project

Level of Control
Essentially avoidable through selected risk
mitigation actions

Highly controllable through organization or

project actions

Moderately controllable through organization

or project actions
Largely uncontrollable by the organization or
project actions
Uncontrollable by the organization or the
project

Training of staff
and Review of
Results
Training of staff
1
on Protection
Reviewed and approved by:
2

FM-113/00/20/05/16

INSTITUTE FOR AUTOPARTS AND HANDTOOLS TECHNOLOGY, LUDHIANA

RISK ANALYSIS
failure