1

As an activity ( simulated workplace activity) review your current risk management policy to ensure it is appropriate to an organisation's risk management needs. As part of your review, you should: Identify the main aspects and how this is used within procedures How others follow current policy and procedures and how easy/applicable this is to needs

The process of anticipating and analyzing potential hazards is an important part of risk management. This helps a company determine what preventative measures it should take in the event that a risk actually materializes, which could result in financial losses for the company. Risk management helps an organization meet its needs by ensuring that its day-to-day operations function efficiently, which in turn makes it easier for the organization to meet those needs. The following is a list of the current risk management practices utilized by Logistics United: The project team and the stakeholders commit to maintaining consistent communication of the potential dangers posed by the operations that are currently being carried out. The organization has implemented a risk management log, which is kept up to date on a consistent basis. The project team and stakeholders are required to organize frequent risk identification meetings in order to improve both the efficiency of the business and the health and safety of the workplace. The fact that these methods are followed does not, however, ensure that the company is working effectively; there is still room for advancement.

2.	Following on from question 1, perform an analysis of the risk assessment tools and technologies available for use by those in your organisation and produce a second report to show your findings