ASSIGNMENT PARAMETERS

The Risk Management plan must be for an Outdoor Adventure Business in BC$.$

You must complete this project individually. It is submitted at three different intervals during the course. Part $1-$ Sections $1$ & $2,$ Part $2-$ Sections $3-5,$ and Part $3-$ Sections $6-8.$

ELEMENTS OF A RISK MANAGEMENT PLAN

$1.$ OPERATIONAL DESCRIPTION

A description of the operation that the RM Plan is for. It can be a fictional or real business. This should include descriptors of its operation, logistics$,$ location, staffing, history, and any other pertinent information.

This section should set the context for a reader not familiar with your operation $($i$.$e lawyer, insurance broker$).$ It is not marketing content, so don't talk about how great your company is$,$ but describe clearly what your operation is as per above.

Value: $7\mathrm{.}5\%$

$2..$OBJECTIVES$/$PHILOSOPHY

A statement of rationale for the document. Why is this plan being developed? Why is it necessary?

The deliverable for this discusses the need for a RM Plan for the operation $-$ is it exposed to risk through it's adventure operation? What types of risk $($bodily$/$physical$/$financial$/$emotional$,$ etc$)$ is it exposed to$?$ I.e$.$ This rafting operation offers activities that

A $$risk statement$$ that outlines how the operation looks at risk $$ are you accepting of it$,$ wary of it$?$ What do you consider acceptable risk, and what to you consider unacceptable?

The deliverable for this outlines the operation's philosophy of risk $-$ as an operation, you may decide that you will only accept risks that are essential to the operation and the activity $($inherent$),$ and will work to lower exposure$/$avoid completely any reckless risks. You all may decide to keep a high level of 'perceived risk' while adjusting your activities on the statistical $($real$)$ risks.

This section should define for the reader your risk management objectives $-$ the drive behind them.

Approximately $4-5$ clear, unequivocal risk management objectives that describe what your operation is doing with regards to risk management. i$.$e $-$ see examples below.

Protect Employees from bodily$/$emotional harm

Minimize the potential of accidents from occurring

Provide protection from lawsuits..

Value: $7\mathrm{.}5\%$