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Risk Management Assessment

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Added on: 2023-02-03 04:52:21
Order Code: TV291
Question Task Id: 0
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Assessment task

Conduct a risk assessment for three different potential scenarios in your facility, and establish:

  • What controls are in place to manage the risk?
  • What is the likelihood of the risk occurring?
  • What are the consequences if the risk should occur?

Potential scenarios

  • Major storm, flooding, heavy rainfall or hail.
  • The failure of the HVAC system.
  • A major piece of plant/machinery failure within the facility.

Write a report looking at the potential scenarios listed above and:

  • Provide an executive summery outlining your facility's overall risk exposure to the potential scenarios above.
  • Answer the three questions shown above.
  • Develop and complete a risk matrix to determine the level of risk for each scenario.
  • List the relevant stakeholders and how the risk will affect them.
  • Develop a preventative action plan based on your risk analysis findings.
  • Develop a risk treatment schedule.
  • Include a method or strategy to monitor and review the process.
  • Provide a conclusion with key findings.

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  • Uploaded By : Katthy Wills
  • Posted on : February 03rd, 2023
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