Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Explain why we should use a combination of verbal and written communication methods to communicate risk management process and invite participation. Explain why it is

  1. Explain why we should use a combination of verbal and written communication methods to communicate risk management process and invite participation.
  2. Explain why it is essential for all stakeholders to be involved in identifying risks.
  3. Describe why you need to maintain communication with stakeholders and/or participants throughout the risk management process.
  4. Give three (3) reasons why you need to ensure that any documentation associated with risk management is in order and stored appropriately.
  5. Explain the role a manager plays in monitoring their risk management action plan.
  6. Describe two (2) contingency plans you might have in place for difficulties that might arise when implementing a risk management action plan.
  7. Outline two (2) legislative and regulatory context of organisations in relation to risk management and briefly explain how they are related to risk management.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Operations Management Creating Value Along the Supply Chain

Authors: Roberta S. Russell, Bernard W. Taylor

7th Edition

9781118139523, 0470525908, 1118139526, 978-0470525906

More Books

Students also viewed these General Management questions

Question

What are the challenges associated with tunneling in urban areas?

Answered: 1 week ago

Question

What are the main differences between rigid and flexible pavements?

Answered: 1 week ago

Question

What is the purpose of a retaining wall, and how is it designed?

Answered: 1 week ago

Question

How do you determine the load-bearing capacity of a soil?

Answered: 1 week ago

Question

what is Edward Lemieux effect / Anomeric effect ?

Answered: 1 week ago