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Risk Management Assessment

… Risk Management

There are countless risks that are being faced by HTS. These risks are present in their whole supply chain. In order to deal with these rrisks in a proper manner it is important that HTS identifies them clearly in order to not only manage them properly but to also lessen their impact.

Stakeholders

Helicopter Transport Services, Inc. (HTS) is a private company of medium size. Helicopter operations are something that this company specializes in. A supply chain risk management strategy is followed by HTS and this strategy covers a lot of the topics which have been mentioned here.

Operationally speaking there is a very long-term relationship which is present between HTS and the alternate parts suppliers for the aircrafts that HTS produces. This…. [read more]


Risk Management Applications in Hospitals Essay

… In identifying and minimizing such risks certain interventions besides a reporting system should also be introduced; these interventions are based on questionnaires filled by a focus group resulting in a manual of knowledge, education sessions, addressing individual concerns and recognition given to those who suggest improvements and participate well in such sessions. (Baram, 2000)

Risk can also be mitigated by using computerized physician order entry instead of hand written entries and prescriptions, adopting bar-code technology and a clinical decision support system provided to doctors can also reduce the risk of unsafe prescriptions. Organization wide safety programs for controlling adverse drug effects, smart pump technology for controlling drug amount and combination before infusion can begin and structured order sheet for preventing medication errors.

In the subject…. [read more]


Risk Assessment Report Assessment

… Risk Assessment Report of the Center for Disease Control (CDC)

Risk Assessment Report

This is a Risk Assessment Report formulated for the staff of the IT department of the Centers for Disease Control and Prevention (CDC) located at Atlanta, GA .The specific CDC department being targeted is Office of Surveillance, Epidemiology, and Laboratory Services (OSELS).Due to the major role played by the CDC in the regulating and advising the general United States citizens on matters of health, it became necessary for the CDC Atlanta, GA's Office of Surveillance, Epidemiology, and Laboratory Services (OSELS) to undergo a thorough Risk Assessment as it is considered best practise for the organization to provide the most updated health information to the U.S. citizens as well as the whole world.…. [read more]


Risk Needs Assessments Essay

… Offender Risk Assessment

The assessment of an offender's risk to re-offend is one of the most important tasks faced by those who work in a correctional environment. On a daily basis, prison staff, probation and parole officers, and parole board members are asked to make decisions that impact the safety of the public, institutional security, and the offender's liberty. These decisions require reliable and accurate assessments of the offender's risk to commit another crime, which leads us to the need for formal guidelines in the context of risk assessment models in order to promote this concept.

James Bonta (August 2002) tells readers that there is a long-standing debate between clinical and actuarial approached to risk assessment. The clinical model of risk assessment leaves the assessment…. [read more]


Risk in Business Essay

… Forecasting is the mathematical practice of taking past trends within the company and applying those trends to present conditions. For example, if a business is determining the risk associated with either modernizing a factory to utilize machines or remain man-powered, the accountant may evaluate previous workdays missed by employees due to injuries and then forecast how this trend would continue should changes not be made. (Flyvbjerg, 2006).

Businesses have the responsibility of making decisions that require risks. Should a decision fail, that decision goes under the scrutiny of the business's investors and may result in fines and dismissals of executive positions. The determining factor for the consequences is the information that those executives used in making the decision (Johnson, 2007). This information comes directly from…. [read more]


High Risk Family Health Assessment Essay

… (Miller, 1999)

The work of Hansen, et al. (2006) reports the analysis of programs stated to be listed on the National Registry of Effective Programs and Practices as of 2003. The analysis is reported to have focused on programs addressing substance abuse prevention form those that had manuals. The manuals were coded for content covered upon the basis of how much time was given to changing targeted mediating variables. On average, programs addressed eight of 23 possible content areas. Our analyses suggested there were seven distinguishable approaches that have been used in substance abuse prevention programs. These include (i) changing access within the environment, (ii) promoting the development of personal and social skills, (iii) promoting positive affiliation, (iv) addressing social in-uences, (v) providing social support…. [read more]


Risk Management Essay

… Initially, Facility A formed a team responsible for identifying risk assessment criteria. This team was then responsible for reviewing both patient files and environmental situations, thus, addressing both intrinsic and extrinsic factors. When a communication issue became apparent (stark reporting in the patient files), the team initiated interviews with witnesses and victims and implemented a more detailed standard for accident reporting.

Obviously, improvement on the plan is needed. Most importantly, a more thorough review of each patient' physical condition is needed to assess preventive needs. Also, additional education for the entire staff of Facility A regarding the risk and potential harm of falls needs to be implemented, and a complete and thorough means of assessment and communication plan needs to be developed and implemented.

References…. [read more]


Risk Management Risk and Vulnerability Research Paper

… For example, for the risk analysis team set up for U.S.-VISIT, this information would be helpful in effectively allocating the required measures in place to avert any leakage of classified information. Finally, it is important for an organization to analyze its internal structures and operations with the aim to identify the measures laid out to prevent attackers and preparedness of the personnel and systems to possible attacks (Aven, 2008).

Best risk management practices

Risk management, if carried out properly can help reduce the occurrence of undesirable events. This can be achieved through four distinct steps; prevention measures, preparedness, response and recovery (PPRR). The first two steps involve the steps the organization takes before a crisis happens to endeavor to prevent it from occurring in the…. [read more]


Risks of Climate Change Research Paper

… Increases in bushfire frequency and intensity have the potential to increase rates of damage to buildings and structures, especially those in non-urban areas.

Drier conditions may lead to increased ground movement and changes in groundwater. Higher temperatures and more solar radiation could amplify degradation of materials.

II. KEY IMPACTS ON WATER SUPPLY AND RESOURCES

Key impacts stated for case studies conducted in England list sea flooding of saltwater into aquifers may be a problem in some areas. Stated specifically is: "The expected rise in sea level as a result of climate change will increase the risk of the sea overtopping current defenses or encroaching on undefended land leading to flooding. Coastal flooding is also likely to increase in frequency due to predicted increases in storm…. [read more]


Risk Assessment for a Water Research Paper

… These people are immune-compromised individuals, for example individuals with HIV / AIDS, individuals who have undergone organ transplants, individuals with cancer undergoing chemotherapy, among other immune system disorders, some infants, and elderly may be also at risk from infections. Such cases are understandable and they should always seek advice from their health care providers concerning drinking water.

Radon, Cryptosporidium & Giardia

Radon is known as a radioactive gas that is found in almost every soil. Their occurrence sometimes finds its way up via the ground to the air and into homes via the foundation. Using ground water source for drinking may as well facilitate existence of radon to the home air. According to EPA, there is small source of risk on the part of radon…. [read more]


Risk Management Tools Term Paper

… Risk Management Tools

The IT environment is probably the most complex and rapidly developing field in the modern day society and it presents individuals and groups with numerous opportunities and challenges. But what is often overlooked is the fact that the IT sector in itself faces numerous risks, such as the possibility for an IT effort to exploit a vulnerability within the system or the risk that an IT effort would cause more harm and strains on the IT system.

In such a context then, the management of the IT risks is a crucial process which has to be completed by all parties. The specialized literature on the topic of IT risks is rather scarce, given the relative novelty of the topic, as well as…. [read more]


Risk Management in Hedge Funds Dissertation

… To become shrewd to reach total reappearance of the location instructions of hedge funds which are less controlled than those of mutual funds. Ever since hedge funds are less controlled likened to mutual funds, this stresses that the hedge fund directors own superior info that about the marketplace and the obtainable advantage lessons than the even fund directors (Cottier, 2000). Because of the assignments instructions being freer, the hedge funds will be more reliant on a liquid market, where both buyers and sellars that are ready to purchase and sell at fair market value (Ineichen,2003).

Figure 2: Kinds of investment vehicles are investors looking at.

The hedge fund business began to rise in sometime around the mid-sixties when Fortune magazine tinted this new financial vehicle…. [read more]


Risk and Quality Management Assessment Essay

… , 2006). One study analyzed two wards that had implemented the Grol's five step implementation model for reducing falls with an aim of a reduction of thirty percent in fall incidence within a year (Semin-Goossens, van der Helm, & Bossuyt, 2003). Data on falls were extracted from nursing records and Incidence Report Forms (IRFs). Despite the implementation of quality management systems, the researchers found no durable decrease in monthly falls despite the use of a model-based procedure for implementing change nor did they observe any improvement in filling in IRFs. This makes the risk of falls a difficult factor to manage in a nursing setting.

Other research studies have provided similar results. Another evaluation of a quality improvement ad hoc multifaceted program was institutes in…. [read more]


Risk Management Essay

… Contingency planning also seeks to protect livelihoods and reduce environmental damage. (Office of International Programs, 2013, paraphrased)

VIII. Risk Management in Justice and Security Organizations

The OECD reports a multi-layered approach to justice and security assistance is between and among the state at various levels in providing justice service delivery, the state in regulator the parameter for justice and security and ensuring accountability and non-state justice and security service providers and the users or recipients of justice and security. Justice and security sustainability in short-term responses has four primary aspects: (1) human capital; (2) financial; (3) cultural appropriateness; and (4) institutional structures and systems. Development programs in justice and security must be designed with realistic consideration of the capacity of the four primary factors. The…. [read more]


Risk Management Project Essay

… All team members must also, of course, ensure that they are utilizing resources and their own time effectively and as planned for by the organization/project leaders in order to ensure that the parameters of the project and its objectives and methods remain relevant and realistic (PMIS 2001).

Case Study

One recent business endeavor that has been in the public eye for quite some time, though it has been under less media scrutiny in the past few weeks than it was earlier this year, is the major outpouring of oil and natural gas from a well-known as the Deepwater Horizon in the gulf of Mexico. Though looked at more for its environmental impact and the commentary this spill and the response to it seemed to have…. [read more]


Suicide Risk Management at Veterans Essay

… The plain often entails the use of a defined crisis hotline, support persons, activities that offer the veteran comfort, identifying reasons for living, and contingency of accessing emergency rooms if preliminary efforts fail. These approaches are similar to the risk management approach used by the Northern California VA Hospital. This is because they all entail the identification of risk factors associated with causing suicidal thoughts or leading to attempted and full suicide. The methods also entail a lot of collaboration between the patient and their clinicians, clinician and other disciplines, and clinician and community.

Recommendations and Conclusion

This research identifies that a risk management plan must entail a comprehensive risk assessment approach to allow the creation of appropriate intervention plans. Risk assessment must include clinical…. [read more]


Pesticde Assessment Methods Community Health Essay

… " (EPA.gov. 2013, p.1) It is reported that the goal of the Lifeline Software and Auxiliary Software is to make the provision of a chance for users to conduct examination of potential exposure within a specific population and the impacts that might be expected on the community's health. It is reported that multiple sources combined with exposures routes to a chemical (aggregate assessments) within a community can be utilized to evaluate benefit and risk of the chemical's use. It is reported that LifeLine V5™, CDAS™, and CBAS ™ are all capable of this type of assessment and supported by the auxiliary models (DRG ™ and ARG™) allowing the user to customize the model to the community of interest. (LifeLine, 2013, p.1)

IX. Conclusion

There are…. [read more]


Risks of Trading and Investing Book Report

… This allows a purchaser to avoid transaction costs, while offering investors in the foreign country a security from the flexibility of exchange rates (EconomyPoint.org, 2006).

Despite the advantages of the fixed exchange rate, there are also heavy disadvantages to the fixed exchange rate. When one of the countries involved experiences a trade deficit, the foreign currency will have a higher demand, thus giving it a greater strength than that of the domestic country. Involving oneself in a fixed exchange rate agreement could also create a vulnerability to imported inflation (EconomyPoint.org, 2006).

The other option that two countries have when transacting is to use the flexible rate of exchange. This is the same rate that individuals will often use when trading small amounts of currency for…. [read more]


Self-Assessment of My Motives in Social Work Assessment

… Social Work Assessment

From my life experience, growing up in a family that was extremely loving and supportive, it made me realize I wanted to help others with their ongoing issues because by having a supportive environment, I was able to become a balanced person despite the odds of what my downfalls. Furthermore, I want to help people become balanced despite their odds whatever they may be. With that, it has always been my dream to have a career in helping people with their relationships, careers, and daily issues. And, I believe that by obtaining this degree, my dream can be fulfilled within other areas of counseling. After I obtain this degree, I plan to take my education further in psychology/counseling so that I can…. [read more]


Risk Management Plan Due Week Essay

… Reporting would be done on a monthly basis. The report would be prepared by the project manager and submitted to the major and minor project sponsors. When the project is completed, there will be a risk section that will provide the lessons learnt, the generic risks that might affect the company in the future, and some responses that have been effective in the management of this project.

Probability and impacts

SCALE

PROBABILITY

+/- IMPACT ON PROJECT OBJECTIVES

TIME

COST

QUALITY

Fixing the weakness in data security

>90%

>60 days

>$40K

Very significant impact on overall functionality brand restoration

71-90%

11-60 days

$20K-$30K

Significant impact on overall functionality inform the customers

51-70%

4-10 days

$5K-$10K

Some impact in key functional areas

Offer discounts

31-50%

1-14 days…. [read more]


Risk Management the Video Game Essay

… Enterprise System Hardware Threats

The video game industry also has a variety of system hardware throughout the company setting. Company servers are mainly from commonly known companies such as Dell, and HP. Hardware components called UPS's protect servers and workstations. Failure of a hardware component poses a risk to the company. The servers could be exposed to risks from spikes in the power and brownouts that might otherwise damage hardware components. Workstations within the video game organization are of a wide variety, depending on the type of work assigned to each employee. The determining factor of which system to utilize depends on the type of work performed b an employee e.g. 3D programmers and graphic designers might employ Apple systems while the normal programmers might…. [read more]


Chief Information Security Officer-Level Risk Case Study

… In addition, many hackers are adept at discovering the passwords of authorized users who choose passwords that are easy to guess or appear in dictionaries. The activities of hackers represent serious threats to the con-dentiality of information in computer systems. Many hackers have created copies of inadequately protected ?les and placed them in areas of the system where they can be accessed by unauthorized persons;

(2) Masqueraders. A masquerader is an authorized, or unauthorized, user of the system who has obtained the password of another user and thus gains access to ?les available to the other user by pretending to be the authorized user. Masqueraders are often able to read and copy con-dential ?les. Masquerading, therefore, can be de-ned as an attempt to gain access…. [read more]


Risk Assessment at the Wal-Mart Term Paper

… The chart below indicates the structure and components of the risk assessment methodology.

Source: Stoneburner, Goguen, Feringa, 2002

Since the method is in fact developed for the IT systems, it would be applied to the case of Wal-Mart through adaptation of the specifics. In other words, while the nine steps are preserved, their particular applications and contents would differ based on the differences between IT and retail systems.

3.1. System characterization

Wal-Mart is the largest retailing company within both the United States as well as within the entire world, revealing a size larger than that of its primary competitors combined. The company employs more than 2 million staff members across the world and argues that it strives to create favorable and stimulating workplaces, to support…. [read more]


Risk Identification in Information Security Thesis

… Risk Identification in Information Security

How does risk identification contribute to effective risk management of information security?

Risk identification plays an essential part in the process of risk management and in dealing with the pressing issue of information security in the modern working and networked environment. Risk identification also plays an important role in the selection and prioritization of various problems in terms of their significance to the organization or institution. Furthermore, risk identification leads to an assessment of the value assets of the company or enterprise. It is imperative that an organization properly identifies all possible risks so that the communities of interest within that organization have a clear picture to construct an assessment of the vulnerabilities to these assets.

The present study is…. [read more]


Risk Assessment Safety and Health Term Paper

… Irritants in secondhand smoke increased chest colds, eye irritation, and respiratory illnesses in nonsmokers."

In this situation, it is naturally the duty of the employer to ensure that workplace is safe for non-smoking employees, because any danger to health due to smoking in cramped workplace would be treated as violation of Health and Safety guidelines. This may not be a very serious issue in buildings with proper ventilation and air system and which are spacious enough to allow non-smokers not to stay in close proximity of smokers but can certainly become a huge health risk if workplace is found to be unsafe.

Consumer Reports found that secondhand smoking was one of the leading causes of health injuries, "Human studies show that the carbon monoxide in…. [read more]


Risk Assessment the Science of Dangerousness Essay

… Risk Assessment

The Science of Dangerousness

Dangerousness refers to the likelihood that a mentally ill person, or criminal will participate in an act that harms themselves or others. The prediction of the dangerousness of mentally ill patients is one of the key conundrums facing psychologists today. They have a responsibility to keep the public safe. Yet, this must be balanced with the need to avoid drastic measures if they are not needed. This is often a difficult decision and psychologists struggle to find the right balance and to devise better methods of assessing risk among their patients that are mentally ill.

There are many factors that can affect the level of risk in an action. These factors represent internal and external variables that may or…. [read more]


Risk Assessment Document Term Paper

… Risk Assessment

In the past thirty years there has been a sharp increase about the potential dangerous impacts, which from inadequate information security. But the scale of the problem has increased faster than the commitment to fight it. In addition, the emphasis on hackers and viruses by the publishers of information has distorted the debate and diverted the awareness of senior management from the more basic need of information security. There seems to be a requirement for a greater concentration on technical solutions, and well publicized attacks on problems of internal information security. There is clearly a fundamental necessity to view information security for an organization-wide business, management and technology issue. Demands for effective security management come from perceived risk assessment, and that involves looking…. [read more]


Security Self-Assessment Coyote Systems Security Self-Assessment Organization Thesis

… Security Self-Assessment

Coyote Systems Security Self-Assessment

Organization Description

The company Coyote Systems develops enterprise software applications for the world's leading manufacturing companies. It has development offices in Chicago, Illinois, throughout the major cities of India, and also in London, England. The company was one of the first to develop databases that could be used to manage complex manufacturing processes, and as a result, was able to charge high yearly maintenance fees. These high maintenance fees resulted into significant monthly revenue streams for Coyote and as a result they were able to invest in advanced development technologies. These development technologies include collaborative global development networks where programming projects were completed around the clock. Coyote was one of the first companies to have the ability to have…. [read more]


Risk and Strategic Management Essay

… Risk and Strategic Management

Risk assessments inform decision making about effective actions for 'managing' risk - i.e. avoiding, removing, reducing, improving and generally controlling risks." (Waring and Glendon, 2007)

Based on your analysis of risk, evaluate the central risk contingencies faced by Tetra Tech, paying particular attention to the salience and likely impact of these risks.

Introduction to Risk Management

As the world evolves, the business community is forced to adapt along. The changes in the past few years have revolved around an increased focus on customer satisfaction, employees' on the job satisfaction and increased shareholder value. Ultimately, it can be said that the contemporaneous business community has to deal with more categories of stakeholders. The fact that the demands of more individuals and groups…. [read more]


Risk Management and Risk Assessment Term Paper

… Risk Management & Risk Assessment

Risk management needs to be understood from a variety of angles. Firstly, risk should be defined for its nature and effect upon not only the company, but also all possible stakeholders. Risk management procedures exist to protect both the workplace, the workforce, or the public. Risk to the corporation is anything endangering the vision, mission and profitability of the company. Secondly, risk to the workforce entails those risks that may result in injury or death to the employee, or that may lead to health or other physical hazards. Employees may also incur risks from non-physical sources such as long work hours or a highly stressful job situation, which could be brought about by a variety of factors. Thirdly, risks can…. [read more]

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