You have been consulted as an expert with respect to the Emergency, Risk and Safety Management practice to prepare a Risk Management Plan for the Project (consider any real-life project). This will require you to carry out the following: 1. Risk identification, qualification, and quantification 2. Strategies to manage various types of risk. 3. Mapping the situation in terms of hazards, vulnerability, and impact 4. Loss estimation and resources inventory 5. Communication management with all parties involved in the plan

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
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O # 1.
You have been consulted as an expert with respect to the Emergency, Risk and Safety Management
practice to prepare a Risk Management Plan for the Project (consider any real-life project). This will
require you to carry out the following:
1. Risk identification, qualification, and quantification
2. Strategies to manage various types of risk.
3. Mapping the situation in terms of hazards, vulnerability, and impact
4. Loss estimation and resources inventory
5. Communication management with all parties involved in the plan
6. How the plan would be monitored.
7. Clearly state any assumptions you make.
Your brief should not exceed 3000 words maximum, which does not include your Executive Summary,
Tables, References, and Appendices. While composing your Brief, you need to research
the best format to communicate with the various stakeholders.
Transcribed Image Text:O # 1. You have been consulted as an expert with respect to the Emergency, Risk and Safety Management practice to prepare a Risk Management Plan for the Project (consider any real-life project). This will require you to carry out the following: 1. Risk identification, qualification, and quantification 2. Strategies to manage various types of risk. 3. Mapping the situation in terms of hazards, vulnerability, and impact 4. Loss estimation and resources inventory 5. Communication management with all parties involved in the plan 6. How the plan would be monitored. 7. Clearly state any assumptions you make. Your brief should not exceed 3000 words maximum, which does not include your Executive Summary, Tables, References, and Appendices. While composing your Brief, you need to research the best format to communicate with the various stakeholders.
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