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Q. Increasing the risk rating of building and construction?
Stakeholders indicated that there is a significant risk of phoenix activity in the building and construction industry. Some stakeholders felt that the risk was such that the industry should be ascribed a risk rating of high risk. As already described, it was decided to rank the building and construction industry as medium risk in the core modelling due to:
- the concentration of risk in parts of the building and construction industry
- the high levels of employment in the industry meaning that any increase in the risk rating has a significant impact on the results (as shown below).
Sensitivity analysis was conducted of increasing the risk rating to high risk.
State about the Security Council of United Nations? The Security Council: The Security Council has main responsibility for the preservation of international peace and sec
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