Question 1

discusses the natural and human process we all go through daily in managing risks in our daily lives. I want you to draw direct correlation between the processes we go through mentally to avoid risks which could harm us and the risk processes organizations go through in dealing with risk relative to a project. How do they differ - how are they the same? Give me some examples of behaviors you engage in with your daily life to avoid personal risk.

Question 2

Explain what a Pareto chart is - what the related philosophy is - and what they are commonly used for.

In the light of the current virus situation, build a Pareto Chart based on the following data relative to medication issues and explain its meaning.

Wrong Patient - 52

Over Dose - 59

Wrong Drug - 76

Unauthorized drug - 1

Wrong IV - 4

Technique Error - 3

Wrong Time - 83

Dose Missed - 92

Under Dose - 7

Duplicated drug - 9

Wrong Route 27

Wrong calculation - 16

n=429