Activity 14

1.   Using the severity and like likelihood matrix that you created for Nautilus Boat Hire, list the risks in priority order and give reasons for your rankings.

2.   Comment on some of the problems that you might encounter when trying to determine priority of risks. (100-150 words)

 

Activity 15

Describe what the ALARP principle means and give an example of it in practice. (75-100 words)

 

Activity 16

1.   Using the template, create an example action plan to show how you would implement two risk management strategies of your choosing. (file attached)

2.   Risk management is an integral part of any planning process. What sorts of things should risk recovery plan encompass? (75-100 words)

3.   Describe the three key components of a solid risk recovery plan.

4.   Who should be involved in the design and development of risk recovery plans for a project? Why? (75-100 words)

5.   List three areas of risk an organisation can develop a contingency plan for.

 

Activity 17

1.   The senior account at Abacus Accounting, a small accountancy firm, has their laptop stolen from an interstate restaurant where they were conducting a dinner meeting with clients. The laptop contains nearly four weeks of data that had not been backed up. This is a significant loss of a large amount of personal information regarding clients and business opportunities. In addition to this loss, the accountant is now without use of a laptop and still has much client work to conduct.

 

As a result of this loss, Abacus Accounting undertakes a risk management process and decides to implement an action plan to ensure all identified risks are minimised.

 

For example, the firm recognises that the use of laptops by accounting staff is critical, as is the information the laptops contain.

 

Amongst other things, the plan contains details of:

·        Protocols for safeguarding laptops whilst travelling

·        Protocols for banking up of data

·        Procedures for updating the asset register with laptop warranty and insurance details

·        Procedures for how to report the loss of the laptop and how expedite replacement

 

Explain who the action plan, and its associated details, needs to be communicate to and when and how this could be best achieved. (100-150 words)

 

2.   Business can take out variety of insurances that will indemnify them and/ or their employees, customers, members of the public in the case of an accident or other adverse occurrence. Identify and list 10 types of insurance that might be beneficial to a business and explain whether insurance is a viable method of risk control. (300 words)

 

Activity 18

1.   Why should all documentation be in order and appropriately stored? (75-100 words)

2.   What is the basis for a good documentation storage system? (75-100 words)

 

Activity 19

 

1.   Why is it important to monitor an action plan once it has moved into its implementation phase? (100-150 words)

2.   Using the review scope and frequency triangle, give at least two examples of activities that could be performed at each level.

3.   At what point is it best to consider the monitoring aspect of a risk management plan and what factors should be included? (75-100 words)

 

Activity 20

Comment on the following statement:

`Audis conducted by external companies are just another academic exercise designed to create employment for consultants. ` (100-150 words)

SuperTutor

(15)

Status NEW Posted 23 Jun 2017 03:06 AM My Price 20.00

-----------

Attachments

file 1498189346-Solutions file.docx preview (56 words )

S-----------olu-----------tio-----------ns -----------fil-----------e -----------Hel-----------lo -----------Sir-----------/Ma-----------dam----------- T-----------han-----------k y-----------ou -----------for----------- yo-----------ur -----------int-----------ere-----------st -----------and----------- bu-----------yin-----------g m-----------y p-----------ost-----------ed -----------sol-----------uti-----------on.----------- Pl-----------eas-----------e p-----------ing----------- me----------- on----------- ch-----------at -----------I a-----------m o-----------nli-----------ne -----------or -----------inb-----------ox -----------me -----------a m-----------ess-----------age----------- I -----------wil-----------l b-----------e q-----------uic-----------kly----------- on-----------lin-----------e a-----------nd -----------giv-----------e y-----------ou -----------exa-----------ct -----------fil-----------e a-----------nd -----------the----------- sa-----------me -----------fil-----------e i-----------s a-----------lso----------- se-----------nt -----------to -----------you-----------r e-----------mai-----------l t-----------hat----------- is----------- re-----------gis-----------ter-----------ed -----------onÂ----------- th-----------is -----------web-----------sit-----------e. ----------- H-----------YPE-----------RLI-----------NK -----------&qu-----------ot;-----------htt-----------p:/-----------/wo-----------rkb-----------ank-----------247-----------.co-----------m/&-----------quo-----------t; -----------\t -----------&qu-----------ot;-----------_bl-----------ank-----------&qu-----------ot;----------- -----------Tha-----------nk -----------you----------- -----------

Not Rated(0)

• Buy Answer