MGB341 Operational Risk Management

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Assessment 2 – Risk Management Plan

The purpose of the second assessment item is for students to gain an understanding of the challenges of applying risk models and standards to a real world context. Building on the risk analysis created in Assessment 1, your task is to propose and justify a range of recommendations for the organisation to improve their preparedness for managing disturbances to operations and/or corporate management. To do this, you are required to write a Risk Management Plan that builds upon your recommendations from your initial Risk Assessment (Assessment 1). Your analysis needs to apply the Business Continuity Management Standard (AS/NZS:5050) to guide your analysis and argue the validity of the recommendations posed in the report.

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