Stakeholder analysis, Risk Management

Assignment Help:

Stakeholder Analysis

In the case of syringe management plan, the stakeholders include Maribyrnong Council, Yarra Council and other neighboring ones, manufacturers, distributors and end consumers for safe disposal containers, any banks or financial providers if loan obtained for project implementation, maintenance staff in all public centers, printers publishing the booklets/brochures and distributors, drug users or even diabetic patients all of who uses syringe and the general public.

The Council has the authority to implement and influence the project at any stage. The project does not end since it is ongoing until there are no syringe-users, which is not practical. Hence the Council must delegate authority such that it is properly implemented throughout its life. The manufacturers and distributors of containers and publishers and distributors of booklets are the ones who profit though not to a great extent, since it is a project meant for enhancing public safety. However, these stakeholders, if they meet the project criteria successfully, may get a long-term assignment-on-hand.

The finance providers who help the Council implement the project will also gain a smaller profit. The drug users and diabetic patients are expected to use these containers for disposal and they may find it difficult to follow the new rule, since they have not been accustomed to such a habit. The maintenance staffs are the ones who will be additionally burdened with daily disposal of such containers. Though not a big burden, they will be entitled to do it on a daily basis, and hence it is necessary to offer a small salary increment for this burden. Though there are no competitors for such a project, the Council may well take Yarra as a benchmark. The general public can enjoy the benefits of the project, since they are safeguarded against syringe infections (WorldBank.org, N.d.).


Related Discussions:- Stakeholder analysis

Determine certainty equivalent, Ben owns a home in "tornado alley" in Oklah...

Ben owns a home in "tornado alley" in Oklahoma that is worth $100,000.  In any given year, he knows that there is a 1% chance his home will be hit by a tornado.  If it is, his home

Homework 2, I have already sent my homework yesterday, please respond: from...

I have already sent my homework yesterday, please respond: from email:

Requirements to make a risk assessment successful, Question : (a) The ...

Question : (a) The garage manager of a motor vehicle mechanical repair workshop has decided to carry out a risk assessment to ensure compliance with the Occupational Safety an

Develop strategies to eliminate risk, Develop strategies to eliminate, miti...

Develop strategies to eliminate, mitigate, deflect or accept risk • Risk treatment strategies: Risk avoidance, reduction, transfer and retention • The types of controls that can

Define value at risk as a measure of market risk, Black Rock Investors is ...

Black Rock Investors is managing the pension fund of Virgin Atlantic. Sir Richard Branson wants to assess the risk of the portfolio following the Euro crisis. During a discussion

Risk management policies, On 1 October 2010, a company issued at par $30 mi...

On 1 October 2010, a company issued at par $30 million (par value) of fixed rate 6% debenture loans to the market at par. Interest on the debenture loans is paid quarterly on the l

Data security, Data Security: An important issue for all organisations ...

Data Security: An important issue for all organisations is the security of data. Just as documentation require physical security in the face of risk of theft / fire etc, electr

Risk strategies, Determine actions to respond to outcomes of risk strategie...

Determine actions to respond to outcomes of risk strategies How to improve your strategic RM Hubbard , D.W (2009) - Risk management can only be fixed by making the followi

Explain about sharpers market model, Q. Explain about sharpers market model...

Q. Explain about sharpers market model? One important basic development in the portfolio management that led to the development of CAPM was the measurement of risk. The pioneer

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