Risk Management

CTCI sees the value of risk management. It formulated the "Risk Management 
Executive  Committee"  and  established  "Risk  Management  Regulations" to 
actually regulate the risk management in each department and project.

Risk Management Structural Diagram

The Risk Management Implementation Procedures

Steps

Items

Explanations

1

Risk Identification

Identify risks

2

Existing Risk Evaluations

Adopting "Risk Consequence Severity and Probability Assessment Method" or "Risk Quantitative Indicator" to confirm overall risk grade

3

Develop action plan

Develop plans for improvements

4

Evaluate residue risk

Level of residue risk after the improvement plan has been accomplished

5

Monitor improvements

Track progress of the improvement plan

Evaluate effectiveness of the improvement plans

Emerging Risks

CTCI  is  aware  of  how  a  fast-changing  environment  will  create  new  issues and risks. Thus, CTCI have not only retained the original risk management mechanism, but also introduced emerging risk factors in risk assessment and control in hopes of reducing risk impacts and bringing new opportunities.