Risk Management Project

Risk Management Project

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In this project, you will be given the opportunity to demonstrate your understanding of the risk management concepts covered in this and previous units in the course. Select a real or imagined workplace setting that involves hazards created by two or more of the hazard sources discussed in Chapters 14-27. Your assignment is to identify and assess the risks in this workplace, propose tactics for reducing the risks, and evaluate the residual risks. Your submission should include the following: · A brief description of the workplace setting and an explanation of the tasks in this workplace. · Identification of hazards and risks in the workplace; Job Hazard Analysis (JHA), Failure Modes and Effects Analysis (FMEA), or Fault Tree Analysis are to be used, or some combination of these techniques. · Assessment of the identified risks before risk reduction efforts are applied, using a 5×5 Risk Assessment Matrix. · Identification of risk reduction tactics to be applied with a brief justification for each tactic selected; multiple tactics can be applied to each risk if needed. · Re-assessment of the risks after tactics are applied, using a 5X5 matrix. · Discussion of the residual risks, and whether you feel they are at a tolerable level. The project must be a minimum of four pages, and a maximum of seven pages in length, not including the title, abstract, and reference pages. Use APA formatting where applicable.

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