Taking into account the essential of Risk Management in water supply operation , MWA's Board of Directors has designated the Risk Management Committe to be responsible for overseeing MWA's Risk Management in the year 2002 , Besides , MWA has also established its own Risk Management unit in collaborating with other divisions within the organization.

       However, MWA's Risk Management system is still in an early stage of development. Hence , a team of advisors to corporatization has been assigned to prepare a proposal in improving MWA's Risk Management System regarding policy setup, analyze and evaluate risks.
 
       From the study of corporatization consultants MWA is facing one low risk of procurement management and other 6 moderate risks covering the following issues.

       1.   Water Resources Acquisition                               ( Moderate Risk )   
       2.   Procurement Management                                  ( Low Risk )
       3.   Water Production                                               ( Moderate Risk )
       4.   Water Supply Services                                       ( Moderate Risk )
       5.   Supposting activities for Water Supply Services    ( Moderate Risk )
       6.   Management Administration                               ( Moderate Risk )
       7.   Supposting Business Process                              ( Moderate Risk )

       For the moderate risks prioritized above , consultants have specified measures for alleviating risks in collaboration with related MWA's managements through setting up work process , criteria for risks evaluation , risk management concept including key performance indicators for evaluation and warning system. This will be proceeded by the year 2004.