Understanding of natural and human risks, and ranking, classifying

    Given your improved understanding of natural and human risks, and ranking, classifying, and evaluating these risks, think about how you would communicate these risks and any mitigation processes to others on the project team. You’ve been hired by a local business to evaluate the risks of their oceanfront restaurant and then train the project team on how to recognize these risks. Consider the natural and human risks involved. Respond to the following in a minimum of 175 words: Select one natural risk and one human risk this business should take into consideration. Prepare what you’d like to say to the project team. The following should be included: • Explain each of your identified risks and how you would classify each, and why. • What other project management principles should the team be aware of when identifying natural and human risks?

Sample Solution

     

Hi team, I'm here to talk about potential risks to our exciting oceanfront restaurant project. While the location promises stunning views and a unique atmosphere, it also introduces both natural and human risks we need to address.

Natural Risk: Storm Surges (High Impact, Moderate Probability)

Imagine a powerful coastal storm hitting us. Storm surges, sudden rises in sea level, are a major threat. We classify this as a high-impact risk because a surge could damage property, injure guests, and disrupt business. While not everyday occurrences, these events are becoming more frequent and unpredictable due to climate change.

Full Answer Section

   

Human Risk: Accidental Food Contamination (Medium Impact, High Probability)

People make mistakes, and in a busy kitchen, even minor errors can have big consequences. Food contamination, whether through improper sanitation, ingredient mishandling, or cross-contamination, could lead to illness outbreaks, damaging our reputation and potentially causing legal issues. This risk has a high probability due to the human factor, though its impact on business and health can be mitigated.

Project Management Principles:

Beyond these specific risks, let's remember key principles for managing all project risks:

  • Proactive Identification: Don't wait for disaster. Continuously scan for potential threats, natural and human.
  • Prioritization: Rank risks based on impact and probability. Focus on mitigating high-impact or highly probable ones first.
  • Mitigation Strategies: Develop concrete plans to minimize the likelihood or impact of each risk.
  • Communication & Training: Everyone on the team, from chefs to servers, needs to understand the risks and their role in mitigation.
  • Continuous Monitoring: Risks evolve, so keep monitoring and update your plans as needed.

Call to Action:

Let's break into smaller groups and brainstorm specific mitigation strategies for both storm surges and food contamination. Remember, a prepared team is a resilient team. Together, we can build a thriving oceanfront restaurant that weathers any storm, metaphorical or literal.

This training session is just the starting point. Continuous open communication and collaboration will be crucial to mitigate risks and ensure the long-term success of our restaurant.

This approach emphasizes clear explanation of risks, their classification, and actionable steps for mitigation while incorporating broader project management principles. It encourages team participation and fosters a proactive risk management culture within the project.

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