Financial Management 209 3. Using the sample risk assessment form that is located in Appendix 7A, conduct a risk assessment of a public service project that is occurring, will occur, or has recently taken place in your city or at your university. You are completing this question from the perspective of a city employee. You are free to modify this assessment to fit your circumstances. In addition, you should include the risk assessment policy that the city or university that you choose operates under when you turn in your assignment if it is available. You should come to class prepared to discuss your risk assessment plan. If needed, you are free to consult with public officials when completing this assignment. Lastly, explain the overall results of your assessment. Is the project worth the risks? Suggestions: Construction projects, road construction, large renovation projects, clear cutting land, household waste or hazard waste disposal issues, providing security at a public facility, investment of public funds, or any changes in the infrastructure are suitable topics for this question. Other items can be more thematic or policy in nature. For example, what are the risks involved in raising property taxes when 95% of the property owners are in the low middle income bracket and operate small businesses? Will this result in an increase in the number of delinquent property tax payments and thus reduce the amount of revenue to the city as well as potential loss of property and bankruptcy? Other broad categories can include any type of service that the city provides.Chapter Seven Appendix 7A Risk Assessment Questionnaire Project Title: Project Location: Project Supervisor: Brief Description of the Work or Policy: Each of the questions used in this assessment are scored using a risk factor rubric from 5. A zero indicates no risk and a five indicates high risk. Your description of risk should detail how the organization is managing the risk. Limit your description of the risk to no more than half of a page. Use as much space as you need to describe the risk. Read the notes at the bottom of this assessment prior to addressing the question. 1. Human Resource Risk a. Description of Risk: b. Overall Risk Factor: 0 I 2 3 4 5 2. Environmental Risk a. Description of Risk: b. Overall Risk Factor: 0 1 23 4 3. Information and Technology Risk a. Description of Risk: b. Overall Risk Factor: 0 1 2 3 S 4. Regulatory Risk a Description of Risk: b. Overall Risk Factor: 0 1 2 3 4Financial Management 215 & Internal Control Environmental Risk a Description of Risk: b. Overall Risk Factor. Q 12 3 5 & Asset/Revenue Management Risk: a Description of Risk; b. Overall Risk Factor: 0 1 2 3 4 5 red using a ride home works 7. Consumer Impact: & Your dirgin dot a Description of Risk: your description of these ed to describe be did her b. Overall Risk Factor: 0 1 23 4 5 8. Equipment Risk: a. Description of Risk: b. Overall Risk Factor: 0 1 2 3 4 5 9. General Field Work Hazards a. Description of Risk: b. Overall Risk Factor: 0 2 3 4 5 Risk Summary: a. Average Risk Score: 0 1 2 3 4 5 b. Total Risk Score Description of Substantive Points and Methods to Managing the Risk