Risk Management: Final Assessment
General Instructions – Please read carefully along with my notes (in the provided word file)!
You are required to complete the assessment outlined below and submit your completed final document. Your grade will be based 100% on this final document, to which you will also receive written feedback and needs to be written in Harvard style.
For the final assessment you are to write a 4,000 word case study of the organisation for which you work (or for which you have worked in the recent past, or have some other involvement). You may choose any organisation (public, private or not‐for‐profit) with which you are familiar. The case study should describe and critique the risk management process of the organisation (or, for a large organisation, part of it such as the division or subsidiary with which you are associated) and include in your analysis aspects relating to all the following elements of the risk management process: – identification of risks – analysis – measurement – control. The analysis should also include a 1-2 page summary risk response plan exhibit, summarising major risks (or a selection of them if there are many), their impact, likelihood, and control strategy. I am not looking for an essay on risk management in general, nor a series of definitions, nor a summary of the material covered in the module – I am looking to see how well you can use the concepts you have learned to analyse the operation of your case study organisation. The analysis must be critical, by relating it to the theory that you have learned from published source (preferably peer reviewed articles or textbooks) or standards (or legislation).
A
pply as many of the concepts covered in this module as you can; the learning outcomes of the module can serve as a guide to ensure you cover all the critical areas:
1. Critically evaluate theories and practices in risk management
2. Critically analyse various practices in risk management
3. Evaluate and apply sustainable risk management and practices.
The interim paper should be about 1,000 words and give an initial overview of the case study that you will be completing for the final assessment; you may decide to focus on one part of the final paper in detail, or cover several parts at less depth. The interim will receive feedback, but will not be graded, and is designed to help the tutor be sure that your final paper meets the required scope. You may include the interim material in your final paper or, if you wish, change parts or even all of it if necessary.
My Note to you:
This requires specific thinking and creativity to transform the failed paper into a passing paper. If you are required to discuss specifics (i.e. Risk Management Organisation within Jumeirah Group, please message me).
Please use the concepts learned and provided for the analysis and make sure its not a generic paper as the previous submission.
Key discussion points through out the study module were:
Aims and Principles of Risk Management
Essentials of Risk management
Assessment of Risk
Risk Response
Risk Reporting and Assurance
Sustainability and Risk Management
This above topics must be integrated into the final paper and adhere to the issued study material.
Ensure all comments by the professor on the failed submission are fully complied with.
I rely on you to get me a passing grade!
Thank you.