Risk Management of Public Water and Latrine System Development in Public Buildings

The Construction of Water System and Public Latrine in the public building project is a continuous program of the World Smile Project, following up on several facilities and infrastructure programs that have been built, the World Smile Project has established Risk Management as a vital stage that must be prepared before the Development Implementation is carried out.

Risk Management is prepared as a reference in responding to the impacts that occur, both positive and negative impacts so that they can encourage the creation of efficient, measurable, and in accordance with the plans that have been prepared systematically.

Risk Management Objectives:

1. Increase the success of the program being run
2. Helping overcome problems that occur beyond predictions
3. Finding Opportunities in the implementation of profitable Projects
4. Optimizing Project Execution Expenditure
5. Establish responsibility and accountability for the activities carried out.
6. Project Safety

From risk management to the Construction of Water Systems and Public Training in the public building, we will be able to identify the weaknesses of project implementation, whether caused by natural factors or financial conditions, then strengths, opportunities, and threats or in other terms better known as the SWOT method ( Strengths, Weaknesses, Opportunities, and Threats).

World Smile Project Risk Management Steps

1. Identifying Risks:

In carrying out this project, we have identified several important points that become risks to the construction of this facility, including the occurrence of fluctuations in the price of Steem Dollars, resulting in an increase in the value of work when calculated with Steem Dollars.

Description	IDR	USD	SBD	Exchange rate/ SBD to IDR
Construction of Water System and Public Latrine in the public building	IDR 60,000,000.00	$4,138.00	780,00 SBD	77,000.00

Referring to the table of requirements above, this becomes risk management for the implementation of this activity, but to anticipate the decline in the price of SBD coins, there are several things we do:

• Saving Steem Dollar reserves of 20% of your needs, meaning that if your current needs are 780 SBD, we have stored it as a reserve fund of 156 SBD in the Wallet.
• Selling Steem Dollars in stages, during the first implementation we will sell them for 150 to 250 SBD, then sell them according to needs and price developments.
• Strive to share rewards regularly through posts.
• Seek support from Steemit Team
• Nongovernmental

2. Project Risk Coordination

We, the whole World Smile Project team, have discussed this in the Community Internal Meeting, then we have also arranged a meeting scheduled with the Village Head, Head of Dusun and coordination with beneficiaries regarding the Risks of Construction of Water System and Public Latrine in the public building, and most importantly Through this official publication, we convey to @steemcurator01 about Risk Management so that it can encourage additional Cash @worldsmile.

3. Develop Priority Scale

The priority scale is an important aspect that we arrange when a negative impact occurs, apart from the points described in point 1, another aspect of Risk Management is the increase in the price of goods from today based on a survey of the preparation of the Budget Draft. To overcome this we have compiled several alternatives such as buying certain goods wholesale in other cities that are considered cheaper, then prioritizing more vital work, considering that we have planned to run two programs at once, namely Suitenable Organic Food in separate locations. Activities of Public Water and Latrine System Development in Public Buildings become priority implementation if negative risks occur.

4. Risk Control Monitoring

To manage the risks that occur, the World Smile Project has compiled the potential for new risks that occur and compiled the steps that must be taken, checked the triggers of the risk, updated the risk regularly, carried out a comprehensive evaluation involving the entire World Smile Project Team.

Hopefully, through the Risk Management Project that has been prepared, it will become a vital foundation in implementing the Public Water and Latrine System Development in Public Buildings so that the beneficiaries who are generally poor people can take full advantage of this facility.