API Spec Q1 9th Ed. 5.5 Contingency Planning

Muhammed

Registered
5.5 Contingency Planning, Contingency planning shall be based on assessed risk.
5.5.2 (a) Planning Output – at a minimum contingency plan shall include action required in response to significant risk scenarios.

Does every risks in risk register should have a contingency planning?
How can I correlate risk assessment register and contingency planning?
 

dakinuniversity

Registered
Dear Muhammed,
Does every risks in risk register should have a contingency planning? It does not require that every risk have contingency plan. If assessed risk is higher as per risk matrix table then it should have contingency plan.
e.g.
The output of risk assessment is used as an input for contingency planning and also the same is considered in working corrective and preventive actions. When risk is identified equal or greater than 6 after control measures, then they Busine-Contingency-Plan-Template-1024x805.png must be consider for contingency planning to reduce or mitigate risk.
How can I correlate risk assessment register and contingency planning?

You can relate the risk with contingency plan as per attachment.

Your suggestion is always welcome.
 
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