Create an Account

Already have account?

Forgot Your Password ?

Home / Questions / • Address all of the following questions: 1. What is the situation? 2. What are the risks ...

• Address all of the following questions: 1. What is the situation? 2. What are the risks associated

• Address all of the following questions: 1. What is the situation? 2. What are the risks associated with the situation? 3. How were the risks identified and assessed? 4. What controls currently exist? 5. What is the desired situation? 6. What are the risks associated with the desired situation? (environemental impact issues) 7. How have they been identified and assessed? (communication and innovative improevement change process) 8. How does the risk management plan act to reduce the impact or consequences of the risk/s? (bullet 1 and 2) 9. Does it introduce any new risks? 10. Who will the plan benefit and how will it be of benefit? 11. Why should the organisation support it? (consider qualitative and quantitative benefits, costs, PR, safety etc) 12. What resources and what personnel would be involved in developing, implementing and monitoring the planned risk controls? 13. What are the cost factors involved? 14. How would you ensure that the risk treatment was sponsored and supported by the organisation? 15. Whose authorisation would you need in order to go ahead with your plan? 16. How would you determine performance expectations? 17. How will you monitor the operation of the plan? 18. Who would be responsible for monitoring the risk controls and why would this person (people) be most suited to the task?

Document Preview:
 

Diploma of Business Management  8 pages, 2000 words Australia  APA 16 Refers Unit name: BSBRSK501 - MANAGE RISK 2000 words only

Attachments:

 

May 25 2020 View more View Less

Answer (Solved)

question Subscribe To Get Solution

Related Questions