Risk Assessment and Management with Risk Matrix

Please pick one of the follow cases and answer the questions.

Case $1$: Constructing new road

Case $2$: A manufacturing operation

If you need any assumptions, please use them, but state before use.

a$)$ Please identify the possible risks, their probabilities and severities, and make a risk analysis table as seen in the lecture note. You must have at least $5$ risk items.

b$)$ Develop a risk matrix and mark the identified risk items on the risk matrix.

c$)$ Discuss how you want to handle the identified risks including the contingency plan.