Review the AS ISO 31000:2018 Risk Management – Guidelines. 1. Outline the purpose and key features of organisational policies, procedures and processes for risk management. (200 - 250 words)
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Review the AS ISO 31000:2018 Risk Management – Guidelines.
1. Outline the purpose and key features of organisational policies, procedures and processes for risk management. (200 - 250 words)
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- Risk management: what does that term mean? Describe the procedure for handling risks by referring to the image.Emergencies, injuries and illness can arise at the construction site at any time and from many different causes. The best management method for minimising disaster is to have a comprehensive safety and health control management program. For that reason, "Best Practice" is a complete guide in order to achieve effectiveness in practicing safety and health. (a)Describe the FIVE practical objectives of Safety Management. ( 10 ) (b)Explain the characteristics of Best Practice Framework in construction safety and health management. ( 10 ) ( Total / Jumlah: 20 )Nonfinancial (Operational) Control Measures: Environmental Performance Assumethat the company for which you are working is interested in implementing a comprehensivemonitoring and control system regarding environmental performance. The company is convinced that improved performance in this area will lead to reduced costs, an improved corporate image, greater market share, and ultimately to greater financial returns. To supplement anumber of financial performance indicators in the area of environmental quality, the companyis interested in developing a set of nonfinancial performance indicators, which (it is hoped) willmotivate better environmental quality. In this regard, the company has embraced five strategic objectives: minimize hazardous materials, minimize raw/virgin materials usage, minimizeenergy requirements, minimize release of residues into the environment, and maximize opportunities to recycle.RequiredFor each of the five strategic objectives referenced above, provide at…
- 17.FarmSoft Inc. is a software company that sells software to agricultural companies in many countries. The company has developed a formalized risk management process. It now intends to act on the recommendations that emerged from the risk management process and plan. What should the company do next? Incorporate the plan into the quality control plan, and make sure the head of the quality department is fully aware of the department’s responsibilities to carry out the plan Ensure that all individuals in the organization are informed of the details of the plan and their role within it Incorporate the plan into the marketing plan, and make sure the head of the marketing department is fully aware of the department’s responsibilities to carry out the plan File the plan with the national risk management authority and ensure that all insurance partners receive a copy of the documentDescribe the following considerations required when measuring the performance or the effectiveness of risk control programmes: - Fatality or accident or loss frequency. - Degree of compliance with standards.Critically discuss the importance of a quality assurance system for a risk manager.
- 10. CASE SYNOPSIS As 2019 ended, the founder and chief executive officer (CEO) of this Cosmetic Company had overseen phenomenal growth during the firm's five years of operation. However, the company was about to encounter a series of issues as a result of the global COVID-19 pandemic that resulted in lockdowns, stay-at-home orders, and closures of non-essential businesses around the world. This company, likemany other companies, suffered a severe decline in revenue. How could this company overcome the uncertainty and challenges that accompanied the pandemic? Construct Strategically sound decision during a crisis that involves severe resource constraints.10. CASE SYNOPSIS As 2019 ended, the founder and chief executive officer (CEO) of this Cosmetic Company had overseen phenomenal growth during the firm's five years of operation. However, the company was about to encounter a series of issues as a result of the global COVID-19 pandemic that resulted in lockdowns, stay-at-home orders, and closures of non-essential businesses around the world. This company, likemany other companies, suffered a severe decline in revenue. How could this company overcome the uncertainty and challenges that accompanied the pandemic? Respond quickly to environmental changes to promote long term resilience and growthQuality Control: GIT and GitHub application report.
- What exactly is risk management, and how is it defined? Explain the process of risk management using the diagram.Risk management definition? Discuss risk management using the diagram.A=)Explain and investigate 3 occupational accidents ( real case ) in detail ( reasons-risk factors-control measures etc) B=) List the responsibilities of engineers concerning occupational safety and health. Explain the legal responsibility of the engineer for different countries in detail, compare them, and support your research findings. Explain your opinion C=)Explain the difference between hazard and risk for occupational safety and health. Give 3 examples. Interpret them and support your research findings