Essays on Risk Management in an Educational Center Case Study

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The paper 'Risk Management in an Educational Center' is a wonderful example of a Management Case Study. This paper aims at health-related hazards that are likely to occur in the finly’ s (appendix A has the organization structure). The problem surmounts from the dangerous traffic flow between the offices and the classes considering the proximity of both to each other. The basic overview of the environment in which the risks are likely to occur will be hence discussed. Finly’ s educational center fondly referred to by the locals as it located within the city center.

This means that there is quite a huge traffic that flows within and without the educational center. The number of staff within the institution is approximately 100 and the student population is 2000. Looking at this population and reading from previous statistics, it has escalated to some unprecedented levels as the traffic flow into and out of offices and classes is quite huge. As the institution is located in the city center, there are three major houses that are located by the main entrances where also the traffic to and from the institution has a lot of traffic.

In between the classes and the offices, there are various feeder roads that connect the two and also the other departments that are within the institution. The pedestrian crossings are located in the most important crossing points which are within the institutions’ most frequented classes. This paper will begin by highlight the risk management processes and consequentially an outline of the processes that will be undertaken so as to tackle the risk management process. These processes will have to entail detailed data collection so as to come up with the best procedure and automatically the best conclusion.

The paper will then assess the risks in terms of how frequent the incidences or the likelihood of the incidences will or have occurred. This can be inferred from the casualties and the misses. The risk assessment procedures involved will rank, analyze, and assess the potential consequences available. In the risk control stage, the paper will seek to get ways in which to control the accidents from happening. There will be an in-depth analysis of how the risks will be controlled such that the accidents will be highly unlikely to happen (Coombs, 2006).

This can be through the use of various highway rules. The next phase will be the assignation of responsibilities and the implementation of control measures that will have to be out rolled so o control such accidents from happening. In this phase of risk management, the paper will explain how the processes will be adapted. In the end, the risk management process will be implemented and the essay concluded (Barton, 2007).

The conclusion will be an overview of the findings and the probable measures that will prevent the occurrence of accidents within finly’ s institution and in most cases along the pedestrian paths which are the most vulnerable. Hazard identification The chief reason for this stage of the paper is to determine the probability of occurrence of accidents within finly’ s college. Despite the fact that there has not been a single reported case, the issue of near misses has been raising worries within the institution. The main source of this information has mainly been rumored so a thorough investigation is of great essence.

References

Alexander, Carol and Sheedy, Elizabeth (2005). The Professional Risk Managers' Handbook: A Comprehensive Guide to Current Theory and Best Practices. PRMIA Publications.

Altemeyer, Lynn (2004). An Assessment of Texas State Government: Implementation of Enterprise Risk Management, Applied Research Project. Texas State University.

Barton, L. (2007). Crisis leadership now: A real-world guide to preparing for threats, disaster, sabotage, and scandal. New York, NY: McGraw-Hill.

Borodzicz, Edward P. (2005). Risk, Crisis and Security Management. West Sussex, England: John Wiley and Sons Ltd.

Coombs, W. T. (2006). Code Red in the Boardroom: Crisis Management as Organizational DNA. Westport, CT: Praeger.

Gorrod, Martin (2004). Risk Management Systems : Technology Trends (Finance and Capital Markets). Basingstoke: Palgrave Macmillan.

Hopkin, Paul (2010). Fundamentals of Risk Management: Kogan-Page

Moteff, John (2005) Risk Management and Critical Infrastructure Protection: Assessing, Integrating, and Managing Threats, Vulnerabilities and Consequences. Washington DC: Congressional Research Service. (Report).

Stoneburner, Gary; Goguen, Alice and Feringa, Alexis (July 2002) (PDF). Risk Management Guide for Information Technology Systems. Gaithersburg, MD: National Institute of Standards and Technology.

Ulmer, R. R.; Sellnow, T. L., & Seeger, M. W. (2006). Effective crisis communication: Moving from crisis to opportunity. Thousand Oaks, CA: Sage Publications.

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