LE7154 Risk Management Assessment Answers

LE7154 Assignment Scenario as a Department Head


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Assessment Details:-

  • Course Code: LE7154
  • Course Title: Risk Management
  • Referencing Styles: APA
  • Words: 1000
  • University: Open University Malaysia
  • Country: MY


Question Task:-


Question 1. Assignment Scenario as a Department Head, you need to present to the top management of your organization or department why your management should provide support and funds to initiate a Risk Management Program by hiring a Risk Manager to assist you in identifying all the risks and execute the mitigation strategies.

Question 2. Assignment Question Prepare ONE (1) written report with presentation slides (10 slides) on the following:

  1. How a Risk Manager can help to perpetuate the business?
  2. Why the hiring of a Risk Manager would be cost-effective?
  3. Identify and explain how the 5 (FIVE) Risk Management tools can be applied.

*Prepare the usual assignment, then with the information prepare a POWERPOINT PRESENTATION (10 pages) to be presented to your boss so that he is convinced and allow you to hire a Risk Manager*