South Africa has been seeking to attract investments (Tralac, 2018) across multiple sectors including Agriculture, Mining, Manufacturing, Services and Infrastructure. You have been appointed as the South African Business partner of a multinational Energy company based in Hong Kong. The company designs and builds power plants across the world through Public Private Partnerships (PPP). Their headquarters and design team are based in the City of Victoria. The company has extensive experience in fossil fuel-based technologies. However, over the last decade, the organisation realised the need for them to enter the renewable energy market due to growing global environmental concerns such as global warming and many others. The company identified South Africa as a potential investment as the country is struggling with power security and are willing to invest in renewables as an option to resolve the power security challenges. Therefore, the company appointed you as the head of the country lead to represent them locally. As the head of the business for South Africa, you need to establish a South African entity in South African. You also need to set up the business before the parent organisation can start doing business in South Africa. The CEO of the parent organisation requires your input into their strategic plan regarding the risk management aspect of the proposed investment by the parent organisation in South Africa. Based on this context please provide your input by responding to the questions that follow. 3.1 Using the FIRM scorecard approach, compile a risk register with at least 5 residual risks for the (5 marks) organisation which should include Risk identifier, Risk category, Risk description, Cause of risk and Impact of the risk. The response must be tabulated. 3.2 Perform a qualitative risk analysis, using the matrix in appendix A, to evaluate the likelihood and impact of each risk identified. State your assumptions. (5 marks) The response must be tabulated. 3.3 Propose the risk response for each risk identified and justify the proposed response. (5 marks) The response must be tabulated in the same table as above. 3.4 Compile a risk matrix showing the risks identified mapped? (5 marks) Question 4 4.1 Summarise at least 5 inherent risks that the organisation may face? (5 marks) Tabulate your response 4.2 Propose and explain the types of controls that could be put in place for the inherent risks identified so that they can be accepted? (10 marks) Tabulate your response 4.3 Using a risk matrix, show how the proposed controls will assist the organisation to accept the residual risks? (5 marks) Question 5 5.1 Propose how the features of Enterprise Risk Management approach can be implemented at the organisation? (16 marks) 5.2 Summarise how the Enterprise Risk Management approach can benefit the organisation? (4 marks) Question 1 1.1 Summarise the requirements of the Risk Management Framework for an organisation? 1.2 (4 marks) In a tabular format, propose a Risk Management Framework, using examples for each criterion, (16 marks) which the South African organisation should adopt to be successful in South Africa? Students need to do research to answer this question, describe each criterion and use examples as their proposals Question 2 2.1 Perform a SWOT analysis, in a tabular format, to categorise the organisation in terms of risks management? (8 marks) Tabulate your response 2.2 Summarise your analysis for the SWOT analysis for the organisation? (2 marks) 2.3 Propose a risk appetite statement for the organisation? (8 marks) 2.4 Using a typical risk appetite matrix show and explain the proposed risk appetite for the organisation? (2 marks)