Organisation: TFL (Transport For London)Organisation: TFL (Transport For London)
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2.2. Questions:
You have been asked to prepare a risk register, which follows the format in section 2.3 forTransport for London (TFL).The risk register will require you to clarify organisational aims and objectives and identify risks(both threats and opportunities) that could impact on those aims. You should note any existingcontrols that are in place, which can be taken into account in relation to risk assessment.Critically assess the relative threat or opportunity it poses for the organisation and then score it.Take into account any controls you have noted to calculate ‘residual’ risk scores. Define theacceptable risk threshold, and use it to prioritise risk actions. Propose mitigation actions forrisks that are above the stated threshold utilising academic research and theories to support