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Student Assessment Project Assessment Task 1 You are required to develop a risk management plan for a company of your choice, or for an area

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Student Assessment Project Assessment Task 1 You are required to develop a risk management plan for a company of your choice, or for an area of the Registered Training Organisation in which you are studying. Your risk management plan must include: a detailed stakeholder analysis; explanation of the risk context; critical success factors; identified and analysed risks; treatments for prioritised risk; details of the monitoring arrangements; and an evaluation of the risk managements plan efficiency in treating risks SWOT analysis PEST analysis all required forms for implementation within a workplace (to be developed by you) Your evaluation of risks must include considering the likelihood of the risk occurring considering the impact of the risk determining which risks are most significant and are therefore priorities for treatment Your action plans should include what actions are required who is taking responsibility time lines monitoring processes Your risks may include those relating to: commercial relationships human behaviour economic circumstances and individual activities scenarios legislation management activities and controls natural events political circumstances technology To perform this task, you will be required to submit a written risk management plan. Do your research. Find out what the business does, how it operates, and investigate the industry as a whole. Assessment Summary You are to submit the following evidence / perform the following tasks Develop and submit a written risk management plan as outlined above Include your stakeholder analysis

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