Question: From this point on, use this Image to answer the questions below. Risk Description Brief summary of the risk. Impact Description What will happen if

From this point on, use this Image to answer the questions below. Risk Description Brief summary of the risk. Impact Description What will happen if the risk is not mitigated or eliminated. Impact Level Rate 1 (low) to 5 (high) Probability Level Rate 1 (low) to 5 (high) Priority Level [A] Owner Who's responsible? Leads from roof during rain make the floor slippery. Slips and falls 3 5 15 Order "slippery when wet" signs Have mops on hand Fix roof Allen Shortage of eye protection Increase in injuries. Production delayed. Increased insurance premiums. 5 1 5 Increase supply Low inventory warnings Find alternative suppliers Linda Question 9 Not yet answered Points out of 3.0 Flag question Question text How is the column "priority level" calculated, and what is its significance to the organization

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!