Risk, Crisis and Disaster Management
Assignment 2: Risk Management Plan (Group Assignment)
Word limit: 4000 words (+/- 10%)
In groups of 3-4 students, you are required to select a future event for which to structure a risk management plan. The selected event should provide enough complexity to allow the group the possibility to develop an appropriate risk management plan. It is expected that your plan will integrate key concepts from the course and provide examples from the literature to illustrate and support statements.
Suggested structure for the assignment:
(1) Executive Summary
(2) Table of Contents
(4) Establishing the context
(5) Risk Assessment
(6) Risk Treatment Options
(8) List of References
You are required to present your progress with the Risk Management Plan during your scheduled workshop (week 10 and 11). While the presentation is not for assessment, it is an important opportunity to get feedback.
- Choosing your event (Colour Run Brisbane)
– You can choose nearly any commercial FUTURE event!
– You are not allowed to choose any of the events used in classroom discussions (Running of the Bulls, La Tomatina)
– You are not allowed to choose events that other groups have chosen.
– You should consider those events that at least one person in your group knows well.
– You should consider those events that have enough information about them.
– To ensure the event you select is appropriate you will need to confirm it with the lecturer.
- Structuring your Assignment
The title page should include at least:
– The title of the Assignment
– The names and student numbers of all group members
– The word count (excluding your risk assessment table and list of references)
This section should provide a concise, engaging and clear summary of the ideas presented, structure and approach used in the report.
It should include at least:
- The main purpose of the plan
- Key information regarding the event
- An overview of what was done and how
- An overview of the key findings of the plan
Table of Contents
This section should provide an engaging introduction to the topic of risk management and the importance of risk management plans.
It should include at least:
- A brief discussion/introduction to risk management and risk management plans
- The main purpose of the plan
- The structure of the plan
- Establishing the context
This section should start with a brief introduction to the section explaining the importance of establishing the context for the purposes of risk management. The section should be divided in two parts:
2.1 Internal Context(you can refer to ppt about some definition of theories)
This subsection should provide a description of the event with clear information about its main features (date, time, location, size, purpose, activities, target market etc), risk management relevant history and the description of the organization.
2.2 External Context(you can refer to ppt about some definition of theories)
This subsection should provide a discussion of the external context within which the event occurs. You should discuss major trends in the following aspects: political, economic, socio-cultural, technological, environmental and legal.
Start your work from here:
- Risk Assessment(you can refer to ppt about some definition of theories)
This section should begin with a brief introduction to risk assessment. It should be divided in 3 parts.
3.1. Methodology (you can refer to ppt about some definition of theories)
This subsection should describe the risk assessment stage. It should include at least the following:
– A description of the risk identification step
– A description of the risk analysis step (how risks were analysed, how probability and impacts were measured, introduce your scales and the matrix used)
This subsection should at least:
– Describe and present the risk assessment table with at least 20 risks identified
– Describe and present the risk matrix
3.3 Discussion: the main risks of the event (you can refer to ppt about some definition of theories)
This subsection should provide a detailed discussion of the 3-4 main risks of the event. For each risk, you should provide at least:
- a definition/description of the risk
- a discussion of the existing controls
- a detailed justification for the values of probability and impact
- clear evidence of a wide range of relevant, current and credible sources and examples used to explore the main risks.
- Risk Treatment Options
This section should offer comprehensive treatment options for the 3-4 main risks supported with convincing arguments. It should start with a brief introduction to risk treatment. For each risk you should:
- Identify and justify the risk management strategy
- Include a set of recommendations that correspond to the action plan for the chosen strategy. End here
This section should summarise the key points in the discussion and finalise the report.
List of References
This section should include all the references used in the risk management plan. A minimum of 20 references is required.
Citation and referencing should conform to the APA (American Psychological Association) format both within the plan and the reference list.
This section should include all relevant documents that might help support your arguments. Examples of potential appendices include maps, site plans, timeline of the event, relevant pictures etc.
Presents a detailed and clear explanation of the methodology used in identifying and analysing the risks.
Provides an excellent risk assessment table with detailed information about the different aspects of the risks involved in the event.
Demonstrates comprehensive knowledge on the impact and probability of the risks.
Offers clear evidence of a wide range of relevant, current and credible sources and examples used to explore the main risks.
There is an excellent integration of ideas, theory and information.
Provides risk treatment options
Treatment options supported with convincing arguments.