This document is Risk Management Plan Template.
It is part of the supporting resources for Assessment Task 2 of BSBMGT502.
Risk assessment
Risk Consequences Severity Rating
Cash flow deficiency
Significant drop in cash from operating, investing
flow or financing activities
A perception should aim
Competitors undercutting to divert the customer
prices
Inappropriate behavior
Unethical/Unprofessional that adversely affects the
practices of staff effective functioning of
other staff
Some conflict against the
permanent staff
Casual Staff Team
Disorganized
Ineffective planning environment, and can
suffer stress and
frustration
Likelihood Rating
4 4
4.5 4 -Service Driven
5 5
3 3
4 3
Treatment/Control Person Responsible
Methods
- Conduct credit checks HR Manager
on their customers before
offering them credit
-Accurate Income project
-Scenario planning
HR Officer, HR Manager
-Reduce Overhead
-Competitive positioning
-Previous experience of HR Officer, HR Manager
managing staff
-Process of selecting a
good staff
-Follow the contract rules
-Getting a permanent HR Officer
team staff
-Offer incentivized pay
structure
-A fair leave they deserve
-Continuous market HR Officer, HR Manager
research
-Planning system
-Review every structure,
systems produces