Question: Question 1 : Solve the following case. 1 5 marks Mahmud is Salem Colleague. Salem charged him to prepare a list of risks that may

Question

1

: Solve the following case.

15

marks

Mahmud is Salem Colleague. Salem charged him to prepare a list of risks that may threaten the company. The following is a list of the main risks that he has identified:

Transportation damage risk.

Disruption risk.

Safety and security risks.

Financial risks.

Compliance risks.

Cybersecurity risks.

Demand volatility risk.

Mahmoud wants you to help him to analyze and evaluate one risk of the above list including the following:

1 -

Define FMEA method and explain its importance.

(3

marks

)

2 -

Analyze and evaluate one of the listed risks, using FMEA method including quantitative and qualitative assessments and at least

3

failure modes.

(6

marks

)

3 -

Analyze and evaluate one risk using Risk matrix

(

including a detailed description of the different criteria of each factor of evaluation and different risk prioritization categories

) . (6

marks

)

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