Question
RISK ANALYSIS (Our professor made us think of possible tools or objects or what so ever that can be placed inside the university to help
RISK ANALYSIS
(Our professor made us think of possible tools or objects or what so ever that can be placed inside the university to help with the risk management of the university and this is what our professor approved proposal is HANDHELD UNDER VEHICLE BOMB INSPECTION MIRROR)
( state the potential risk and impact of it, explains what you gather from data)
A 5x5 risk matrix is a sort of risk matrix that is graphically represented as a table or a grid, with 5 categories for probability (along the X axis) and effect (along the Y axis), all on a range of low to high. Moreover, as a comprehensive tool used by firms throughout the risk assessment stage of project planning and as a supplemental tool in analyzing the potential damage or disruption resulting from risks. When a new risk is identified, a 5x5 risk matrix can assist give an easy-to-follow structure for potential risk assessment processes.
This is the result of the survey:
| 1. Do you think that having damage in the mirror when inspecting may not be effective in detecting potential threats and would need to be replaced, resulting in additional cost? | ||||||
| Severity Rating | Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | |
| Very Aware (5) | 13 | 1-5= VERY LOW | ||||
| Aware (4) | 23 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 13 | 11-15- MEDIUM | ||||
| Unaware (2) | 3 | 16-20- HIGH | ||||
| Very Unaware (1) | 1 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | MEDIUM | VERY HIGH | MEDIUM | ||
| 2. Do you think that false alarms may affect a sense of urgency when a real threat is detected? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 24 | 1-5= VERY LOW | ||||
| Aware (4) | 25 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 2 | 11-15- MEDIUM | ||||
| Unaware (2) | 1 | 16-20- HIGH | ||||
| Very Unaware (1) | 2 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | VERY HIGH | VERY HIGH | ||
| 3. Do you think ineffective inspections could allow potential threats to go undetected? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 33 | 1-5= VERY LOW | ||||
| Aware (4) | 18 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 2 | 11-15- MEDIUM | ||||
| Unaware (2) | 1 | 16-20- HIGH | ||||
| Very Unaware (1) | 1 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | HIGH | VERY HIGH | ||
| 4. Are you aware of any potential privacy concerns associated with using Handheld Under Vehicle Bomb Inspection Mirrors at School of Management? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 25 | 1-5= VERY LOW | ||||
| Aware (4) | 26 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 1 | 11-15- MEDIUM | ||||
| Unaware (2) | 0 | 16-20- HIGH | ||||
| Very Unaware (1) | 1 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | HIGH | VERY HIGH | ||
| 5. How aware are you of the risks associated with implementing a Handheld Under Vehicle Bomb Inspection Mirror at the School of Management? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 21 | 1-5= VERY LOW | ||||
| Aware (4) | 25 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 5 | 11-15- MEDIUM | ||||
| Unaware (2) | 1 | 16-20- HIGH | ||||
| Very Unaware (1) | 1 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | VERY HIGH | VERY HIGH | ||
| 6. Are you familiar with the potential risks posed by using a Handheld Under Vehicle Bomb Inspection Mirror at the School of Management? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 25 | 1-5= VERY LOW | ||||
| Aware (4) | 23 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 2 | 11-15- MEDIUM | ||||
| Unaware (2) | 3 | 16-20- HIGH | ||||
| Very Unaware (1) | 1 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | VERY HIGH | VERY HIGH | ||
| 7. Are you aware of any potential legal implications of implementing Handheld Under Vehicle Bomb Inspection Mirrors at School of Management? | ||||||
| Negligible (1) | Minor (2) | Moderate (3) | Significant (4) | Severe (5) | ||
| Very Aware (5) | 25 | 1-5= VERY LOW | ||||
| Aware (4) | 23 | 6-10- LOW | ||||
| Neither Aware or Unaware (3) | 2 | 11-15- MEDIUM | ||||
| Unaware (2) | 1 | 16-20- HIGH | ||||
| Very Unaware (1) | 2 | 21-25- VERY HIGH | ||||
| VERY LOW | VERY LOW | VERY LOW | VERY HIGH | VERY HIGH |
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Management Fundamentals
Authors: Robert N. Lussier
10th Edition
1071891375, 978-1071891377
