Implementation of syringe management plan, Risk Management

Risk Management

The major risks involved in the implementation of syringe management plan include the following. Ideas to manage them are as well mentioned along with the risks.

  • Since this project's success depends on the use of containers by the drug users, the financial providers may be reluctant to offer a loan. Hence it is necessary that the Maribyrnong Council obtains the complete funding from the government with just a little reliance on other providers.
  • The drug users and public may not heed to the Council's advice for use of safe disposal systems if just brochures are laid next to containers. There must other ways or media through awareness is spread. For example, the Council may use TV advertisements and even programs to highlight the importance of safe disposal by exhibiting a real-life incident, which may certainly reach the public rather than just booklets. But this will cost heavily in such cases. The Council may obtain charities and sponsors for the same. In addition to other advertisement media, the Council must also organize seminars when it includes the community's individuals and businesses.
  • The maintenance staff may be reluctant to dispose off the containers, since they are projected as dangerous by the Council and daily disposal system at all public centers may not seem practical. Hence the Council may need to appoint their own personnel for collecting the containers. Besides, these syringes may need special treatment for disposal after being used, which necessitates the need for training the maintenance personnel accordingly.

Overall, this seems to include more costs if risk management is concerned. The Council hence must be ready to part with more cash than projected, with the belief that this will be a one-time investment which will certainly have a considerable positive impact over the society (Well-Stam, D et al, 2004).

Posted Date: 3/14/2013 3:38:59 AM | Location : United States

Related Discussions:- Implementation of syringe management plan, Assignment Help, Ask Question on Implementation of syringe management plan, Get Answer, Expert's Help, Implementation of syringe management plan Discussions

Write discussion on Implementation of syringe management plan
Your posts are moderated
Related Questions
Q. Show Security market line? The CML represent the equilibrium relation between the expected return and standard for efficient portfolio. But it does not indicate how individu

A person is willing to sell some stock at Rs 500000 after one year from now. The risk free rate is 7% and the risk premium is estimated at 8%. I the person is intending to enter a


the importance of determining the policy on your image?

State about the Management Risk Management, all said and done, is made of people who are mortal, fallible and capable of making a mistake or a poor decision. Errors made by

1. You are given the following long-run annual rates of return for alternative investment instruments: US Government T-Bills 3.5% Large-cap common stocks 12.1% Long-

QUESTION 1 A. Answer all of the following (a) What is risk appetite? (b) List any two risk responses (c) What does ITIL stand for? (d) What is a business case? (

Q. Show Quick and regular returns of the investments? Quick and regular returns of the investments: every investor wants a quick and regular returns on his investment sufficienc

Q. What is Material Safety Data Sheet ? 1. Material Safety Data Sheet is a formal document containing important information about the characteristics and actual or potential ha

managing risks in investing defined contribution funds