Week 10 : Risk Management

these are few of the risks that we have made some research and analyzed in most management. these risks are also the most common risk that most management team is facing.

RISK MANAGEMENT

RISK	IMPACT	SOLUTION	CONTROL
Low budget	Lack of equipment	Get a sponsorship	Spend on minimum budget
Lack of transportation	Limited plans	Ride public transportation	Choose the second best plan
Health problem	Could not attend any plan	Find a treatment	Give an easy task
Unskilled staff	Works are flawed and not perfect	Filter unskilled staffs	do an interview and do research about their skills
Misunderstanding between co-workers	There is no agreement in discussions	Be professional and always accept other’s opinions	Have a professional talk between co-workers