Essays on Risk Management Assignment

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EXECUTIVE SUMMARYThe emerging tertiary sector that is the service industry has suddenly been showing a tremendous pace of development since the past few decades, with the increasing demand, the challenges and risk also get levitated. One such threat is the occurrence of fire incidents, this report deals with the various means to overcome the destruction caused by fire with special reference to the hotel industry. The risks involved and the strategies framed to overcome those risks by the Hotel Abu Dhabi Falah Plaza, which is one of the most renowned high rising hotel of the city is featured here in this report. INTRODUCTIONThe leading name in the hotel industry Abu Dhabi Falah Plaza Hotel is a high rising building with 60 floors located on the beautiful beach side coast for providing a mesmerizing view to its guests and keeping in mind the safety issues with a capacity of 6000 rooms entertaining people from all over the world with different cultures, customs, ethos and languages. On the ground floor, kitchen and storage areas are located along with four night clubs with three licensed running bars, laundry, cleaning, swimming pool and various other means of entertainment for all age segments.

During the peak season, the hotel has about 14,000 guests to entertain with 700 staff members to look after the excellent service rendered to the guests. To ensure proper safety of the guests at times of crisis, two exit doors on each floor are constructed with six fire fighting lifts. Installation of effective sprinkler system with complete alarm security and proper use of heat and smoke detectors has been done to ensure the safety norms.

A dry riser is implanted from the first till the 10th floor and from the 11th floor onwards a wet dry riser system is used till the 60th floor to provide adequate water supply. RISK ASSESSMENT AND MANAGEMENTTo deal with the business environment, both external and internal threats have to be tackled, internal factors to an extent are controllable and can be worked upon for improved and better performance but external non-controllable factors are beyond the functioning of any organizations, still various means to mitigate the risk caused by the external forces could be employed during the pre-construction phases while planning and implementing the execution plans for the high rising buildings. FIRE SAFETY PROCEDURES IN THE HOTELAbu Dhabi Falah Plaza Hotel has adopted few effectual measures in the internal system to confront the fire occurrences such as the: Fire Alarm System: Smoke Alarm Systems are used to sense the low levels of smoke and blow an alarm.

They are the stand alone devices used to send signals to the building fire alarm systems. Audible and visual alarms detect whether the alarm system has been activated or not.

Flow switches detect the water in case of sprinkler system and blow the alarm (Fire Alarms, 2001). An emergency Voice Alarm system is incorporated as a part of fire alarm system to notify the occupants about the urgency of the situation and declare an alert.

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