Risk Assessment Case Study
Choose a Canadian company and complete a risk analysis for it. You will not be required to interview anyone from the company but should have a clear idea of what they do, their products and services and the scope of their operations.
Part A:
Identify the risks you think this company could be exposed to, document these risks and classify them (categorize as appropriate).
Use all information available to you including information we have discussed in class to develop as comprehensive a list as possible.
Take into consideration the geographical area where your company operates to identify natural hazards and political risks.
TIP: Consider using a table within your document that you can then add a controls/risk treatment column to during Part B of the project.
Part B:
Discuss risk treatment for five (5) of the identified risks. Each of the five (5) risks should include:
- An assessment of likelihood and impact, in the form of a risk Heat Map indicating the colour of severity of the risk
- Two (2) or more options for the treatment along with a recommendation as to your preference on how to deal with that particular risk
Submit a written report indicating the company chosen and why you decided on this company.
Also indicate your sources of information about the company; website address, Facebook page, company‘s Annual Report, newspaper and other news sources.
The more sources available to you the better will be your understanding of the company's exposures.
Make sure your report is professional and has a cover page, source information list, proper formatting and headers (don't forget spelling and grammar checks!).
Your final report, covering parts A and B, should not exceed 1,500 words (excluding cover page and the source material listing).
It should be descriptive and include an overview of the company along with the presentation of risks (which as indicated can be in a table).