Question: Individual students will write out their plan on how they will address their risks in Part 1. Decide on the best Risk Treatment technique for

Individual students will write out their plan on how they will address their risks in Part 1.

Decide on the best Risk Treatment technique for each risk and explain why in detail (60 marks) Students should consider frequency and severity interactions to list the 5 risks and their treatments in a cascading hierarchy. The risks and their treatments should be listed in the order of the student feels the greatest threat to his/her experience at Fanshawe College to the least threat to their experience at Fanshawe College. Remember that each risk can be treated with multiple risk treatment techniques! Included in your answer for each risk is whether it poses a frequency issue, a severity issue or both! For each of your 5 risks... i) Explain why each of the risks 'frequency and/ or severity concern to the student ii) Best risk treatment technique(s) to address the risk

Identified risks are

Completing assignments and homework in the time allotted.(compliance)

  • A personal disease or condition that can interfere with study and lead to a poor grade.(Hazard)
  • When attending college, there is a lack of effective planning, preparation, scheduling, and organization of everyday life.(control)
  • As part of a college course and study, I took an unfamiliar subject that attracted my interest.(Opportunity)
  • Illegal components that have an impact on college work and graduation prospects(control)

Need answer in following format

Executive Summary (5 marks) 3. Complete a Risk Register and a Risk Map (heat map) using the five (5) risks identified in Part A (10 marks) 4. Why each of the risks' frequency and/or severity concerns to the student (10 marks) 5. Apply Risk Treatment techniques to the risks identified in Part A (10 marks) 6. Conclusion (5 marks) 7. References

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!