User Account

All Pages

Strategies of risk avoidance

Assignment Help Other Subject
Reference no: EM13851941

Task:

Contribute in the forum by revisiting the unit 2 activity (mentioned below): produce a ‘top ten' risk list; and consider the 4 strategies of Risk avoidance; Risk acceptance; Risk transference; Risk mitigation and develop controls for the top 10 risks

You need to choose 10 most risk and classified as per above task

Some of the risks involved in a wedding project:-

Wedding organizer:

The Budget:

Suitable day for the wedding ceremony

Selection of the wedding hall that has suitable location and size to accommodate the guests

Transportation & Hotel arrangement

Unexpected guest

Rain or storm

Power issue

Fire issues

Accidents

Management of event team members

Stealing

Quality of the food

Drinks and other related issues

Last minute programs

Food

Availability, right quantity, right quality

Transportation

Availability, quality

Wedding location

Availability

Overnight location guests (if required)

Availability

Right quantity & quality (if needed)

Band

Sickness

Break up

Weather

If wedding takes place outside

Availability of wedding location

Reachability of location

Sickness of certain people

e.g. best man, bridesmaids

Bride / Groom clothes & wedding rings

Problems with quality

Ready on time

Money

Is there enough for unforeseen situations

Number of guests

More / Less can affect money, location, etc...

Facilitation during the day

Availability, right quantity

Wedding reportage

Availability of photographer

Availability location (could depend on weather)

Putting the wedding of (nerves, etc..)

Obvious risk

Unexpected rain storm

Power failure

Invited guest cancel last minute

Vehicle accidents

Fire or accidents

Theft

Uninvited guests

Brawl

Location

Unexpected expenses

Legal cost

Last minute arrangements

Food contamination

Wedding Day

Overflow of guests

shortage of food

Shortage of seating arrangements

Bad weather/rain

electricity failure

transport/car rentals not on time

Pre-wedding

Invitation card printing error

Missing guests to invite

Financial constraints

non availability of hotels/rooms or required services in desired timeframe

non availability of size of dresses and jewelry designs

Sufficient budget vs Actual anticipated cost & expenses

Selection of the wedding Hall

Number of expected Guests

Sufficient Banquets

Event's Organizer

Transportation arrangement

Salon Arrangement

Hotel arrangement

Party singer

Honeymoon arrangement

Verified Expert

Reference no: EM13851941

Questions Cloud

Stock-based mutual fund : You have just invested a one-time amount of $5,000 in a stock-based mutual fund. This fund should earn (on average) 9% per year over a long period of time. How much will your investment be worth in 35 years?
How are ethics relevant to efficient operation of a business : How are ethics relevant to the efficient operation of a business? Provide some examples of ethical lapses that have adversely affected specific businesses.
What is the local competition? : What is the local competition?
Should the government consider subsidizing lojack purchases : The LoJack car recovery system allows the police to track stolen cars. As a result, they not only recover 90 percent of LoJack-equipped cars that are stolen but also arrest many auto thieves and shut down many "Chop shops" that take apart stolen vehi..
Strategies of risk avoidance : Contribute in the forum by revisiting the activity (mentioned below): produce a ‘top ten' risk list; and consider the 4 strategies of Risk avoidance; Risk acceptance; Risk transference; Risk mitigation and develop controls for the top 10 risks
Each employees salary into retirement account : Currently a firm pays 10% of each employee’s salary into a retirement account, regardless of whether the employee also contributes to the account. Some people at the firm think this change will lead employees to save more and therefore to be able to ..
Considering the addition of new tax on firms : Suppose the government of Washington is considering the addition of a new tax on firms. You have been called in to provide expert analysis on how such a tax would affect employment of labor. There are 3 proposals the government is considering:
The role of power in sexual harassment : Imagine you are the HR manager at a company, and an employee came to you upset because she felt a male co-worker had sexually harassed her by repeatedly asking her out on dates even after she said "no." What would you do
The marginal cost of filling out tax returns : Jose rents office space for $20,000 per year. He uses the office to fill out tax returns for 1

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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