1.What have you learned about risk due to the current pandemic?

Use 4 -quadrants. Hazard Risk, Operational Risk, Financial Risk and Strategic Risk.

Is it a threat or an opportunity. Explain why

2.Assuming you are employed at Any College, how would you suggest to the Management how to apply the risk management framework in light of this current pandemic

Use ERM framework model:

1)Lead and establish accountability

2)Align and integrate

3)Allocate resources

4)Communicate and report

Use the Five steps in the ERM process model:

1)Scan Environment

2)Identify Risks

3)Analyze Risk

4)Treat Risks

5)Monitor and Assure

3.As a student, what can you do to manage the current risks with regard to COVID?

Lost prevention /Lost reduce