RSK-0019Board Backup Data Centre
Exchange-rate swings on imported equipment without fixed prices
A risk's detail, response, contingency and residual risk.
Risk statement
From cause to event to impact — with the preventive controls before the event and the contingency after it
Cause
Price swings and unplanned financial commitments
Preventive controls
- Monthly EAC monitoring
- Fix prices in the coming purchase orders
2 / 2
Event
Exchange-rate swings on imported equipment without fixed prices
EAC above budget by more than 5%
Contingency
Reallocate from the portfolio reserve
Impact
Budget overrun and the need for more funding
Assessment
The level before and after the response
Inherent
Residual
Exposure
SAR 7.4M
Residual
63% off the score
Score trend
Last six months
- Score
- Target residual
Escalation path
Escalation engine: a high risk unreviewed for 10 days notifies the PM, 15 the programme manager, 20 the EPMO director
Last reviewed 7 days ago
Project manager
Current levelEng. Omar H. Bawazir
Currently followed up here- 2
Programme manager
Eng. Omar H. Bawazir
Automatically at 15 days unreviewed · in 8 days - 3
EPMO director
Dr. Noura M. Al-Otaibi
Automatically at 20 days unreviewed · in 13 days - 4
Executive committee
Dr. Abdullah S. Al-Qahtani
By the EPMO director’s decision
Mitigation plan
Each action with its owner and date — tick it off when complete
Monthly EAC monitoring
Eng. Omar H. BawazirEng. Omar H. BawazirDirector, IT InfrastructureP-024o.bawazir@bog.gov.saIn progressIn 23 days2026-11-2010 Jumada II 1448 AHFix prices in the coming purchase orders
Eng. Omar H. BawazirEng. Omar H. BawazirDirector, IT InfrastructureP-024o.bawazir@bog.gov.saNot startedIn 23 days2026-11-2010 Jumada II 1448 AH
Trigger
EAC above budget by more than 5%
Contingency
Reallocate from the portfolio reserve