Question
Part A Personal Risk Assessment (total of 50 marks, 20% of course grade) Using the textbook and course concepts, each student will conduct a risk
Part A Personal Risk Assessment (total of 50 marks, 20% of course grade) Using the textbook and course concepts, each student will conduct a risk assessment to determine the top four risks that they may experience during their selected employment role within Operations Management or Supply Chain Management. At least one risk shall be identified for each of the four high-level categories of risk as outlined below. The four risk categories are explained throughout the textbook but especially in Chapters 1 & 2. 1. Compliance risks 2. Hazard risks 3. Control risks 4. Opportunity risks For further clarity, each student needs to identify the specific employment role. It is not sufficient to identify the field, such as Operations Management or Supply Chain Management. A specific role must be identified or else the risk assessment is of little value and will be reflected as such in the students mark on this assignment. Furthermore, your Professor will indicate which industry. Therefore, it is not just about your employment role but also about the industry in which you have that role. After identifying these top four risks, the student needs to decide on the likelihood and magnitude (impact) of each risk and then complete the Risk Register and Risk Map (templates provided in separate document). The specific aspects required for each risk are outlined below. For each of the four risks provide a: a) Description of the risk and how it affects the role b) Explanation of why the risk is in that risk category c) Explanation of the likelihood and impact of the specific risk in that role 2 | P a g e Rubric: 1. Cover page & table of contents (5 marks) 2. Introducing yourself, your specific employment role and your industry (5 marks) 3. Risk 1 - description of risk, explanation of risk category, likelihood & impact (5 marks) 4. Risk 2 - description of risk, explanation of risk category, likelihood & impact (5 marks) 5. Risk 3 - description of risk, explanation of risk category, likelihood & impact (5 marks) 6. Risk 4 - description of risk, explanation of risk category, likelihood & impact (5 marks) 7. Risk Register and Risk Map of the identified risks (5 marks) 8. Conclusion (5 marks) 9. Layout, spelling, grammar, punctuation, capitalization (5 marks) 10.APA 7th edition format (including in-text citations and references) (5 marks)
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