Implementation of syringe management plan, Risk Management

Assignment Help:

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).


Related Discussions:- Implementation of syringe management plan

run a scenario analysis, The Investment Committee of UoM has suggested tha...

The Investment Committee of UoM has suggested that it may be time to take some "insurance" on the U.S. equity portfolio, given "rich valuations" in the U.S. Equity markets. As t

What is meant by permit-to-work systems, Question: A safe system of wor...

Question: A safe system of work is a formal procedure which results from a systematic examination of a task in order to identify all the hazards and assess the risks with a vie

Deciding the Use the Expert, AUsing the same situation from SLP 3, recall t...

AUsing the same situation from SLP 3, recall that you are deciding ... You have heard of an Expert who has a “track record” of high confidence in ... You are now considering whethe

Leverage, evaluate the importance of leverage in financial management of a...

evaluate the importance of leverage in financial management of a small company

Risk management and financial institutions, On September 25,2008 a portfoli...

On September 25,2008 a portfolio worth $10 million consisting of investments in four stock indices: DJIA, FTSE 100, CAC 40 and NIKKEI 225. The value of the investment in each index

Explain what is meant by the term single sign-on, Question: (a) Explain...

Question: (a) Explain what is meant by the term Single sign-on in the context of access control? Give three examples of single sign-on technologies. (b) Describe how the Ker

Explain effective incident management system, Question 1: (a) Explain w...

Question 1: (a) Explain what is meant by the term „incident handling? in the context of information security. (b) Describe the main features of an effective incident manag

Informal sector, explain importance of informal sector in economy

explain importance of informal sector in economy

Determine the optimum prices and outputs, The basic question in this case i...

The basic question in this case is whether Jetliners and Acme Airline should work together to develop a new super sized airframe or should each company seek to develop its own vers

Determine about the market risk, Determine about the Market Risk Var...

Determine about the Market Risk Variability in a security's returns resulting from fluctuation in aggregate market is called market risk. Market risk is sometimes used synon

Write Your Message!

Captcha
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