description - The answer to this varies depending on the operation you are completing the plan for.In essence, a Risk Management Plan is a systematic approach that analyses the risks that the operation faces, and outlines the steps that it will take to address these risks.Over the course, we will walk you through the steps of risk analysis, and expose you to a variety of steps to mitigate risk.We are confident that by the time you fully launch into this assignment, you will have an excellent grasp of what is required.

Risk Management plan for the business McDonalds or any other restaurant

requirement

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.

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 theoperation - 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'sphilosophy 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 fromoccurring
• Provide protection from lawsuits..