Overview
Flagged items
Actions
Contract Risk Assessment Checklist
Financial Risks
Regulatory Risks
Performance Risks
Security Risks
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Overview
Complete
Contract Risk Assessment Checklist
18 Apr 2024 / Margery Lila
Inspection score
16 / 18 (88.89%)
Flagged items
2
Created actions
2
Conducted on

18 Apr 2024

10:32 AM GMT+8

Prepared by
Margery Lila
Staff (if appicable)
Nawal Eustorgio Minakshi Hariwini Freyr Donald
Flagged items
2
Contract Risk Assessment Checklist / Financial Risks
Are there clear calculations of expenditures?
No
Notes
They said this will be discussed next meeting but we should have this ASAP
Actions
To do
Follow up on expenditure calculation ASAP
Contract Risk Assessment Checklist / Financial Risks
Are there contingency plans in case of unexpected spending or losses?
No
Actions
To do
Follow up on expenditure plan ASAP
Actions
2
Contract Risk Assessment Checklist
2
2
16 / 18 (88.89%)
Financial Risks
2
2
3 / 5 (60%)
Is there a clearly defined budget for the project or proposed contract?
Yes
Are there clear calculations of expenditures?
No
Notes
They said this will be discussed next meeting but we should have this ASAP
Actions
To do
Follow up on expenditure calculation ASAP
Are there contingency plans in case of unexpected spending or losses?
No
Actions
To do
Follow up on expenditure plan ASAP
Are there substitute procurement agencies or partners that can easily be contacted in case of emergency?
N/A
Notes
Will follow after expenditure planning
Is there a proper documentation process for all expenditures?
Yes
Are payment terms clear for all parties involved?
Yes
Regulatory Risks
6 / 6 (100%)
Is the project or contract compliant with all legal regulations of the local area?
Yes
Is the project or contract compliant with quality standards set by all parties involved?
Yes
Is there assurance that all employees, contractors, and subcontractors will be paid fairly?
Yes
Are all tasks to be done compliant with local and international safety regulations?
Yes
Are deadlines for compliance with regulatory standards clear and communicated to all?
Yes
Is there a proper documentation process in place?
Yes
Performance Risks
3 / 3 (100%)
Are the project or contract's scope and limitations clearly defined?
Yes
Are the expectations and deadlines set achievable and realistic?
Yes
Are there contingency plans for cases wherein deadlines and expectations are not met?
Yes
Security Risks
4 / 4 (100%)
Are all external partners (such as third party suppliers, software providers, and cloud services) properly screened?
Yes
Do all parties have a safe way of managing and protecting their data?
Yes
Are restricted work areas properly protected and isolated from unauthorized personnel?
Yes
Are there contingency plans in case of mishandled or leaked private information?
Yes
Sign-off
Additional comments (N/A if none)
N/A
Recommendations (N/A if none)
Follow up on expenditure plan ASAP
Prepared by
Margery Lila
18 Apr 2024 10:40 AM GMT+8