Identify the high impact of negative risks

Assignment Help Operation Management
Reference no: EM131033569

Scenario:

You have just been hired as a Consultant/Supplier by the Global Olympic Game Committee to manage all the internal and external risks that can negatively impact the upcoming Olympic Games successful execution in Nigeria-West Africa. The project is known as the Global Olympic Game Project and your task is to produce a report addressing risk management that will be handled by a team that you will lead. Your risk management report should discuss the risk challenges and mitigation strategies you and your team will implement for the Global Olympic Games that will take place for 27 days in Nigeria in West Africa.

 

Identify the high impact of negative risks that may occur, and evaluate each with respect to the threat presented by the risk, the vulnerability that creates the risk, and the impact the risk event would have if it actually occurred.

Reference no: EM131033569

Questions Cloud

Evaluate a firms competitive position : Identify the five forces that help evaluate a firm`s competitive position in light of the structure of its industry. Which one is the most important to a firm and why?
Participants and officials on and off the competition venues : You have just been hired as a Consultant/Supplier by the Global Olympic Game Committee to manage all the internal and external risks that can negatively impact the upcoming Olympic Games successful execution in Nigeria-West Africa. Thoroughly explain..
Raw material is available to company at different prices : A particular raw material is available to a company at three different prices, depending on the size of the order: The cost to place an order is $40. Annual demand is 3,000 units. Holding (or carrying) cost is 25 percent of the material price. Calcul..
Identified risks into qualitative-quantitative risk buckets : You have just been hired as a Consultant/Supplier by the Global Olympic Game Committee to manage all the internal and external risks that can negatively impact the upcoming Olympic Games successful execution in Nigeria-West Africa. Categorize the ide..
Identify the high impact of negative risks : You have just been hired as a Consultant/Supplier by the Global Olympic Game Committee to manage all the internal and external risks that can negatively impact the upcoming Olympic Games successful execution in Nigeria-West Africa. Identify the high ..
During the closure process : During the closure process, how does the project manager meet the challenge to keep the project team focused on the remaining project activities and delivery to the customer until the project is complete?
Use of fifo improve its net profit margin and current ratio : Golf Challenge Corp. is a retail sports store carrying golf apparel and equipment. The store is at the end of its second year of operation and is struggling. A major problem is that its cost of inventory has continually increased in the past two year..
Using the longest operation time heuristic : Task Task Time (seconds) Immediate Predecessor A 45 - B 11 A C 9 B D 50 - E 26 D F 11 E G 12 C H 10 C I 9 F, G, H J 10 I 193 Assign tasks to stations for a desired output of 500 units in a 7-hour day to balance the line using the longest operation ti..
Wright report style regarding method-medication error rates : Wright a Report style regarding a method used in health informatics evaluation. Analysis of clinical indicators (eg. medication error rates, test ordering patterns, patient outcomes) Briefly define and describe the selected evaluation method. What ty..

Reviews

Write a Review

Operation Management Questions & Answers

  An important cause of ineffective or useless meetings

An important cause of ineffective or useless meetings is:?

  Find total annual cost of managing the inventory

Joe Henry's machine shop uses 2500 brackets during the course of a year. these brackets are purchased from a supplier 90 miles away.

  Describe the ideal approach for a project manager to develop

Describe the ideal approach for a project manager to develop optimal estimates for a project's time and costs.

  Write down some of the pros and cons of outsourcing why do

what are some of the pros and cons of outsourcing? why do you think many organizations are experiencing an increase in

  What is the relationship between the amount of business risk

What is the relationship between the amount of Business Risk a company has and the amount of Dept (Financial Risk) it can assume?

  Illustrate what agreement should address

Design a proposed contract for an independent contractor's position. Focus on illustrate what agreement should address. Do not worry about legal language as agreement would be reviewed by a labour attorney prior to its adoption for use.

  Identify how business ethics-social responsibility

Identify how business ethics, social responsibility, and sustainability are interrelated. Provide a specific example from a current company.

  What is the importance of the wage and hour laws

Should employees be forced to join the union if a union represents the employees as the company? The alternative is that they do not have to join the union in the right-to-work state. What what are the concerns from the company and the union point of..

  Punishment versus positive management techniques

Identifying good motivational techniques for use in the workplace is a crucial component of effective management.

  What is the average length of the waiting line

at a border vehicles arrive at the rate of 9 pr minute in a poisson distribution. for simplicity in this problem assume that there is only one lane and one inspector who can inspect vehichles at the rate of 12 per minute in an exponentially distri..

  How does change impact motivation of employees

Discuss how employers will explain about the training that will be offered to all employees and how employee job skills will change with the implementation.

  Rev kevin wildes of georgetown university says humans

1 one top ceo says that integrity is like oxygen. if you dont have it nothing else matters. what does this mean?2 rev.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd