Develop a risk management plan for a company

Assignment Help Business Management
Reference no: EM131105958

PROJECT 1 -

For this task, you are required to identify and research a business's OH&S practices, then write a 1500 words report that states why OH&S is good business

Details: You may need to refer to current OH&S & workplace policies & procedures.  You could make good use of statistical information and graphical representations. Make reference to, and give examples of, any specific areas in organisation where OHS practices and compliance need up-grading

Your suggested area of improvement could, for instance, relate to ongoing information dissemination, training, inadequacies in existing risk control measures in accordance with the hierarchy of control, or to improving the training format so they are less boring - etc.

Do not even consider stating that your organisations OH&S & workplace practices are so good that they do not need improvement.  Everything can be improved!!

When addressing the statement that Occupational Health & Safety is good business, consider the concepts of loyalty, caring, trust and honesty, relationship building, employee satisfaction, customer, shareholder and stakeholder satisfaction.

Be sure to also discuss the application of relevant OH&S legislative frameworks relevant to your business.

PROJECT 2-

Task: You are required to develop a risk management plan for a company of your choice, or for an area of the Registered Training Organisation in which you are studying.  Your risk management plan must include:

- a detailed stakeholder analysis;

- explanation of the risk context;

- critical success factors;

- identified and analysed risks;

- treatments for prioritised risk;

- details of the monitoring arrangements; and

-an evaluation of the risk managements plan efficiency in treating risks which includes

Your evaluation of risks must include

- considering the likelihood of the risk occurring

- considering the impact of the risk

- determining which risks are most significant and are therefore priorities for treatment

Your action plans should include

- what actions are required

- who is taking responsibility

- time lines

- monitoring processes

Your risks may include those relating to:

- commercial relationships

- economic circumstances and scenarios

- human behaviour

- individual activities

-legislation

- management activities and controls

- natural events

- political circumstances

- technology

This project should be submitted in the form of a detailed written report of minimum 1500 words.

Project 2 only, with 1500 words.

Reference no: EM131105958

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