R-005

Steel and copper commodity price escalation

ActiveTransmission Line 230kVMarketOwner: P. Osei

Pre-MitigationHigh

$2.2M

Expected monetary value

Score 9.0

70% likely

ResidualModerate

$900K

Expected monetary value

Score 6.0

45% likely

Mitigation Effect

$1.3M

EMV reduction from response plan

Mitigation cost $60K60% effective

Cause (because of)

Volatile global commodity markets

Uncertain Event (there is a risk that)

Material costs rise beyond estimating contingency

Consequence (which would lead to)

Budget overrun on conductor and structures

Root Cause

Volatile global commodity markets

Trigger / Threshold

Index rises more than 12% quarter over quarter

Early Warning Indicator

Index rises more than 12% quarter over quarter

Assumptions

Baseline assumptions per approved project execution plan.