RSK-0043Energy Retrofit of Existing Buildings (ESCO)
Funding left out of the 2027 budget, keeping the tender suspended
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
The initiative is not in the draft 2027 budget, other projects took priority
Preventive controls
- Present an ESCO funding model with no capital budget
1 / 1
Event
Funding left out of the 2027 budget, keeping the tender suspended
The 2027 budget approved without the initiative
Contingency
Pilot on two buildings from the operating budget
Impact
The tender stays suspended and about SAR 4.8M of yearly energy savings is lost
Assessment
The level before and after the response
Inherent
Residual
Exposure
SAR 4.8M
Residual
44% 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 PMO director
Last reviewed 20 days ago
Project manager
Eng. Mishari K. Al-Otaibi
Currently followed up hereProgramme manager
Eng. Mishari K. Al-Otaibi
Automatically at 15 days unreviewed · threshold passed 5 days agoPMO director
Current levelDr. Noura M. Al-Otaibi
Automatically at 20 days unreviewed · threshold passed 0 days ago- 4
Executive committee
Eng. Abdullah S. Al-Qahtani
By the PMO director’s decision
Mitigation plan
Each action with its owner and date — tick it off when complete
Present an ESCO funding model with no capital budget
Eng. Mishari K. Al-OtaibiEng. Mishari K. Al-OtaibiDirector, Sustainability & EnvironmentP-028m.alotaibi@alwaha.gov.saIn progressIn 23 days2026-11-2010 Jumada II 1448 AH
Trigger
The 2027 budget approved without the initiative
Contingency
Pilot on two buildings from the operating budget