How will this criteria be used during the risk assessment

Assignment Help Operation Management
Reference no: EM132221484

Assignment

1. What is the purpose of the criteria developed in Step 1 of the Octave Allegro Methodology? How will this criteria be used during the risk assessment process?

2. Will the criteria that are developed in Step 1 of the Octave Allegro Methodology be the same for all organizations? Why or why not? Explain thoroughly.

3. If Worksheet 2 had the following information listed, what problems do you see? How might these problems impact a risk assessment?

Impact Area

Low

Moderate

High

Revenue Loss

Less than $1,000 yearly revenue loss

Between $10,000 and $50,000 yearly revenue loss

Over $100,000 yearly revenue loss

4. Develop questions that you could use when you interview the manager of the organization where you will be doing the risk assessment. The questions should be related to Worksheet 2 and the answers should provide you with the necessary information to completely fill out the worksheet.

5. In Appendix D of Introducing Octave Allegro, Worksheet 3 had "Bed Turnover Rate" added as a possible impact to productivity. Develop another productivity impact area to an information asset for an organization of your choosing. Be sure to list the title, as well as the low, medium, and high impact descriptions.

6. Discuss how the low, moderate, and high potential impact definitions in FIPS 199 might help you fill out the first five Octave Allegro worksheets when you meet with the organization for your project.

Reference no: EM132221484

Questions Cloud

How do social media marketers select the target audience : What are the three essential features of social media marketing? How do social media marketers select the target audience?
Ethical issue regarding employer-employee responsibilities : Find an article from a trusted media source published within the last six months illustrating an ethical issue regarding employer/employee responsibilities
Produced under favorable working conditions : "on average, consumers said they would pay 27% more for a product normally priced at $100 if it was produced under favorable working conditions."
Discuss a common breach of medication administration : What should the "culture and environment of safety" look like when preparing and administering medications? Discuss a common breach of medication administration
How will this criteria be used during the risk assessment : Will the criteria that are developed in Step 1 of the Octave Allegro Methodology be the same for all organizations? Why or why not? Explain thoroughly.
Eligo gaitan borrowed funds to buy real property : Eligo Gaitan borrowed the funds to buy real property in Downers Grove, Illinois, and signed a note payable to Encore Credit Corp.
How nurse manager or leader play a role in the reengineering : How does the nurse manager or leader play a role in the reengineering of health care? Continuous quality improvement (CQI) is the responsibility of all nurses.
Explain the employment-at-will doctrine : Explain the employment-at-will doctrine. How does the role of a labor union change this approach to labor relations?
Assess the readiness of the health care organization : Your essay should assess the readiness of the health care organization or network in addressing the health care needs of citizens in the next decade.

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd