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Management Assessment Task

Section 1: The Risk Context

Determine the scope for the Risk Management Plan

Undertake a full scope internal and external stakeholder analysis

Conduct an Industry Analysis

Review and document strengths and weaknesses of existing arrangements

document critical success factors and goals that are essential to measure the success of your risk management arrangements.

Section 2:

Risk Identification Using a number of tools and techniques, you will identify risks, in consultation with the CEO, based on the risk context established in Section 1.

Section 3: Risk Analysis and Evaluation You will analyse risks that you identified in Section 2. Then, you will assess the likelihood, impact and consequence of each risk. Finally, you will evaluate and prioritise risks for treatment.

Section 4: Risk Treatment and Action Plan You will choose the most appropriate risk control options for treating risks and then write an action plan that will define how the risk management process will be conducted.

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  • Posted on : November 25th, 2018
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