Tag: Risk Management

Global logistics, risk management

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This week we reviewed global logistics, risk management, and the product and supply chains. Identify and describe the global market forces, risks, development chain, supply chain, and strategies from one of the following perspectives.

Supplier
Manufacturer
Retailer
Customer
Decision Maker

750 – 1,000 words (3 – 4 pages) written essay
APA format required (including title page, reference page – no abstract required)
5 – 7 academic resources for 300/400 level courses
Content of paper should address the concepts covered this week utilizing personal experience as well as research

 

Risk management

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You will create a narrated Microsoft PowerPoint presentation with at least 10 slides covering the following:

Describe why risk management is needed so that nonsecurity/technical personnel can understand it.
Describe the details of risk identification and how it differs from threat identification.
Describe what a TVA worksheet entrails and why it, along with other documentation, is needed.
Describe risk assessment and why it is needed.
Describe how annual and single loss expectancy are calculated using examples.
Describe your recommended risk control strategy for the company.

 

Risk Management

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Apply the risk management techniques you have learned to a real-life scenario.

Assignment Scenario

Mr. Ashford is a caseworker at the County Human Services Department. One of his clients, Mr. Lainez, is a young man who presents with many issues. He has been in foster care and is about to age out of the program to live on his own. Mr. Ashford will be assisting him with this transition.

In an effort to connect with his young client, Mr. Ashford accepts Mr. Lainez’s invitation of friendship on social media. In addition, he provides his agency email address to Mr. Lainez when he asks if there is not another way to make an appointment rather than making a telephone call and going through a receptionist.

Shortly thereafter, Mr. Lainez experiences several disappointing events. He loses his job, and the young woman he was dating tells him she is no longer interested in seeing him. Additionally, he is struggling to make ends meet, and becomes unable to pay the rent on his first apartment.

At his wits’ end, he makes a vague suicidal threat on Facebook® and sends a desperate request to Mr. Ashford to set up an appointment as soon as possible. Out on calls, Mr. Ashford does not check his email or his Facebook account for several days, missing Mr. Lainez’s cues. His young client is found dead of an overdose of medication he has been prescribed by the department psychiatrist.

Assignment Directions

Use the readings, internet, and Purdue Global Library to research the implications of this case study under current law and practice expectations.

Please be sure to address all of the following in your assignment:

Introduce the case study and list each of the problematic decisions Mr. Ashford made in this scenario, analyzing each in terms of its effect on the outcome.
Identify and explain other choices he could or should have made.
Evaluate the legal and regulatory implications of this case study that you have learned from your research.
Apply and evaluate the risk management techniques you have learned over the past two units to this case.
Do you believe they would likely have led to a different outcome for Mr. Lainez? For Mr. Ashford? Why or why not?

Risk management

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Risk management is one of the most important components in empowering an organization to achieve its ultimate vision. With proper risk management culture and knowledge, team members will be “speaking” the same language, and they will leverage common analytical abilities to identify and mitigate potential risks as well as exploit opportunities in a timely fashion. In order to consolidate efforts, the existence of an integrated framework is crucial. This is why an ERM is necessary to the fulfillment of any organization’s goals and objectives.

In your final research project for the course, your task is to write a 8-10 page paper discussing the following concepts:

Introduction
Why should an organization Implement an ERM application?
What are some key challenges and solutions to Implementing an ERM?
What is Important for an effective ERM?
Discuss at least one real organization that has been effective with implementing an ERM framework or /application.
Conclusion, final thoughts for future research
Recommendation

Risk management, the components of a risk management program

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Define risk management, the components of a risk management program, and how the risk management process can reduce organizational risk. Examine the roles and responsibilities of a risk manager as well as those of the clinical delivery team, including physicians. Recognize the regulatory requirements and standards associated with federal mandates, including HIPAA, and accreditation. Examine risk management methodologies, strategies, and tools. Recognize the financial and risk correlation for organizational profit and loss.

Risk management

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You are working for the Rotterdam office of LSM as a Ship Superintendent, and this week you have been under a little pressure because besides looking after the four LR2 tankers, you have been looking after a 4800 TEU container vessel too as a back-up for one of your colleagues who is on vacation.
It’s about noon time and you are getting ready for lunch when you get an urgent call from the master of one of the four LR2 tankers that you are managing. According to the call, there has been an oil spill overboard due to the sudden fracture of one of the pipes on deck while loading crude oil.
Write a detailed report to the senior management of LSM Rotterdam on your action on hearing this, whom you contacted, how you sorted out this problem and how you will ensure that it is avoided in the future etc. (you may assume any port of loading that you are familiar with)

Risk Management

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Research risk assessment approaches.
Create an outline for a basic qualitative risk assessment plan.
Write an introduction to the plan explaining its purpose and importance.
Define the scope and boundaries for the risk assessment.
Identify data center assets and activities to be assessed.
Identify relevant threats and vulnerabilities. Include those listed in the scenario and add to the list if needed.
Identify relevant types of controls to be assessed.
Identify the key roles and responsibilities of individuals and departments within the organization as they pertain to risk assessments.
Develop a proposed schedule for the risk assessment process.

Risk Management

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1.) What observations were made or what evidence was there to indicate that Dr. Johnson had a narcotics problem?

2.) Does the Community Hospital of the West bear any responsibility for Dr. Johnson’s predicament? Why or why not?

3.) What are the root causes of this situation? Build a cause-and-effect diagram on the basis of the findings in this case study.

4.) What are the costs to the organization in terms of reputation, patient safety, marketing, and organic impact of these costs?

 

Risk management

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• https://continuingprofessionaldevelopment.org/risk-management-steps-in-risk-management-process/
• https://www.projectmanager.com/blog/risk-management-process-steps
• https://www.pmi.org/learning/library/risk-analysis-project-management-7070
• https://www.cio.com/article/3520238/how-to-create-a-risk-register.html
• https://www.simplilearn.com/risk-management-framework-article

 

 

Risk management

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• https://continuingprofessionaldevelopment.org/risk-management-steps-in-risk-management-process/
• https://www.projectmanager.com/blog/risk-management-process-steps
• https://www.pmi.org/learning/library/risk-analysis-project-management-7070
• https://www.cio.com/article/3520238/how-to-create-a-risk-register.html
• https://www.simplilearn.com/risk-management-framework-article