Question: power cuts. Using your risk assessment abilities as a manager, conduct a risk evaluation of the impact for the factory production of a 9 5
power cuts.
Using your risk assessment abilities as a manager, conduct a risk evaluation of the impact for the factory production of a solar power availability.
Apply the following to do your risk evaluation:
C Explain fully your reasoning for picking the level of likelihood from table Clearly indicate the level number and descriptor you pick from the table. marks
C Explain fully your reasoning for picking the level of severity from table Clearly indicate
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the level number and descriptor you pick from the table marks
C Calculate the final risk weighting show your calculation and describe the colour of that risk from the heat risk table table marks
C Based on the risk assessment you have undertaken above, briefly devise a strategy that will help reduce the effect of a drop in solar power and no Eskom power on factory production. Ensure you explain how this strategy will need support from each of the four resources of the company y ie Human resources, financial resources, tangible resources like building materials etc and, intangible resources like project planning marks
Table Likelihood of the risk
Likelihood table
table#Likelihood category,Category definitionAlmost Certain,The risk is already occurring, or is likely to occur more than once within the next monthsLikely,The risk could easily occur, and is likely to occur at least once within the next monthsPossible,There is an above average chance that the risk will occur at least once in the next two yearsUnikely,The risk occurs infrequently and is unlikely to occur within the next two yearsRare,The risk is conceivable but is only likely to occur in extreme circumstances
Table severity of the risk impact if it happens
tableSeverity Ranking,AssessmentCatastrophic,Negative outcomes or missed opportunities that are of critical importance to the achievement of objectives or severe injury that could result in to death of employeeCritical,Negative outcomes or missed opportunities that are Hely to have a relatively substantial impact on the ability to meet objectives or very serious injury medical attention requiredSerious,Negative outcomes or missed opportunities that are likely to have a relatively moderate impact on the ability to meet objectives or serious injury medioal attention requiredBignificant,Negative outcomes or missed opportunities that are likely to have a relatively low impact on the ability to meet objectives or moderate linjury st aid required and or medical attention requiredMinor,Negative outcomes or missed opportunities that are likely to have a relatively negligible impact on the ability to meet objectives or Minor Injury ist aid required
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Table heat map
Overall Risk Values
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