You are a Risk Management Consultant advising on the implementation of a new Risk Management Department at PCR Plastics, a supplier of parts to several different industries. Describe in detail ho

SECTION 1:

Question 1.1

You are a Risk Management Consultant advising on the implementation of a new Risk Management Department at PCR Plastics, a supplier of parts to several different industries. Describe in detail how you will go about assisting the plant in developing the risk management function. Include relevant examples that would enhance the successful implementation of this department.

Question 1.2

Describe in detail how you will go about assisting your company in identifying operational risks within the plant. Include relevant operational examples to support your answer. (Note: you may use examples from your own organisation).

SECTION 2:

Question 1.1

Risk Management in Operating Systems Page 4 of 4 Critically discuss the risk identification elements and process to be considered by Vodacom to navigate through these uncertain times.

Question 1.2

Identify and discuss how Vodacom can control the above risk elements to reduce the impacts of the potential risks to their business.