annual report - Tenaga Nasional Berhad

3.7 Project Risk Assessment ProcessThe preliminary methodology for a Project Risk Assessment Process was approved by GRMWC and GRMC. Theprocess serves as a risk assessment tool to identify, analyse and manage risks associated with a project throughoutits lifecycle. Further enhancement to the methodology and the development of a project risk assessment system isplanned for the next financial year.3.8 Implementation & Review of Curriculum for Risk ManagementThe EWRM Department has successfully developed and implemented the first “Introduction to Risk Management”curriculum with the guidance and cooperation of TNB’s training institute, ILSAS. During the period under review,at least two training courses had been conducted by certified trainers with registered participants from the variousdivisions. A review of the curriculum was carried out by the year-end to further improve the module.4. Corporate Emergency Response Plan (CERP)The TNB Corporate Emergency Response Plan (CERP) has been developed for the Group to provide a framework thatenables a prompt, coordinated and effective response to foreseen or unforeseen emergency situations. The CERP SteeringCommittee, headed by the Senior Vice President (Operations & Technical) who is also the Crisis Commander, providesguidance on the formulation of the CERP and the cascading of the plan to the divisions across TNB. The SteeringCommittee also ensures that structured testing and simulation exercises are carried out and that adequate training isprovided to key personnel including members of the Crisis Management Team.In addition, the CERP document for System-Related Emergencies was printed and distributed to the relevant personnelwithin TNB. Awareness training sessions were carried out across the Group in collaboration with the System OperationsDepartment of the Transmission Division to enhance the understanding of the various elements of the CERP, to ensurepreparedness for any emergency situation and to give emphasis on the necessary collaboration between the coredivisions.The CERP Steering Committee had reviewed the TNB CERP document for Non-System Related emergencies such asfloods and pandemics. The document is scheduled for approval and implementation in the next financial year.As a company that provides essential services crucial to national security, TNB continues to collaborate with externalparties and various government agencies in particular the National Security Council, the Chief Government SecurityOfficer, the Prime Minister’s Department and the Ministry of Health. TNB had also participated in the various drills onpandemic and cyber threats organised by the relevant government agencies.5. ConclusionCentral to the success of risk management is the ability to successfully embed risk management culture and processeswithin the Group. Risk management initiatives within TNB will continue to be strengthened to ensure that TNB is ableto respond effectively to the continuing changing business environment while achieving its objectives to protect andenhance stakeholders’ value.[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]141