Earthquake

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EARTHQUAKE

PROJECT CONTINUITY PLAN

RISK LIKELIHOOD SEVERITY RISK


(IN %) (LOW, MODERATE, MANAGEMENT
HIGHT STRATEGIES
PREPAREDNESS
AND PLANNING:
* Risk assessment
conduct a
thorough seismic
risk assessment of
Physical Damage 20% HIGH the project site.
* Emergency
response plan
Develop and
regularly update
an emergency
response plan that
includes
evacuation routes
emergency contact
, and safety
procedures.
*Training and Drill
Conduct regular
earthquake
preparedness
training and drill.
STRUCTURAL
MITIAGATION
20% *Building Codes
Operational Ensure that all
Disruption HIGH building and
infrastructure
comply with local
seismic building
codes.
Ensure the safety,
well being and
resilience of the
boarder
community, by
prioritizing
preparedness
effective
HUMAN IMPACT 15% LOW communication,
health and safety
measures, robust
recovery plans and
community
collaboration,
organization can
significantly
mitigate the
human risks
associated with
earthquake.
SUPPLY CHAIN Diversifying
DISRUPTION 30% HIGH supplier
maintaining
strategic inventory
levels, mapping
supply chain risks,
establishing
flexible
contractual
agreements
optimizing logistics
leveraging
technology
fostering
collaboration and
robust business.
It can result from
range of causes
including market
volatility
Financial Loss 10% LOW inadequate risk
management,
fraud litigation, or
external events
beyond one’s
control
safeguarding
against potential
risks.
Build and maintain
a strong
reputation
through proactive
communication
and monitoring
REPUTATION 30% High social economic
DAMAGE consider both
internal and
external factors
operation
effectively
mitigate
reputation risks.

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