The company where you work doesn$$t have risk tolerance criteria $($RTC$).$ Phaedra Moore,

the plant manager, has come to believe that before anyone can do hazard analyses or risk

assessments, they need to have RTC$,$ so she wants RTC for the plant to use. She also wants

to get buy$-$in at corporate before implementing them.

The production manager at the plant once worked at a company that used the tables below.

What is shown below is all he has. The plant manager believes that the tables should

address more types of impacts than they do$,$ but does not have a firm idea of which; the

plant manager also suspects that the criteria may be skewed and may be leading to

misallocated resources and misplaced priorities.

Most importantly, the plant manager doesn$$t want to get stuck with some other

organization$$s unrecognized problems. Your manager has told the plant manager that you

know something about RTC$,$ so the plant manager has asked you to evaluate the risk matrix

and recommend risk tolerance criteria that the plant should use.

She is scheduled to fly out to corporate in three weeks and wants to see your

recommendation in the form of a PowerPoint presentation that she can present during her

trip.

The presentation should address what the features of well$-$constructed risk tolerance criteria

are. It should then go on to identify any problems with the production manager$$s risk

matrix. It should then recommend changes that will fix the problems. Finally, the

presentation should propose what the new criteria should actually be and make the case for

why the proposed criteria are appropriate, rather than something different, particularly,

something with either higher or lower RTC$.$

The presentation can be no more than $12$ slides long, plus a cover slide and a final

$$Questions$?$ slide. Because the plant manager will have little time between receiving the

presentation and presenting it to the senior management team, she has asked that you

write a script for each slide for her to refer to$,$ and include it in the notes section of the

slide, with animation cues if you have used animation. The entire text should take no more

than $15$ minutes to read aloud.contribute to the clarity of the presentation.

SUBJECT MATERIAL

Risk Categories

Risk Matrix

Frequency Chart

Severity Chart $-$ Peoplecontribute to the clarity of the presentation.

SUBJECT MATERIAL

Risk Categories

Risk Matrix

Frequency Chart

Severity Chart $-$ People