Nt1310 Unit 1

The purpose of risk assessment is not to remove risks, but to take reasonable steps to reduce them. The process involves looking at the risk, and considering what can be done to make it less likely that the risk will develop into a reality. This can be done through implementing policies and codes of practice, acting in individual’s best interests, fostering culture of openness and support being consistent, maintaining professional boundaries and following systems for raising concerns.

Risks assessments will identify any hazards and/or dangers and who might be harmed and how this may happen, allow the risks to be evaluated and check if the precautions are

1. Define and give examples of what terrorism is and the associated risks involved for emergency responders.

When we receive the lead XML stream from our partner, we need to deserialize it into an object so that the Controller can do some computations based on the data. After computing some information and modifying the object, we have to construct an XML response stream and send it to the endpoint URL.

The auditor needs to state explicitly whether the financial statements are fairly presented in accordance with the applicable financial reporting framework, and this may be GAAP or IFRS.

Risk is what may occur or, that which is likely to occur, as a result of a particular incident. Risk is part of everyday life and it exists in every activity undertaken by humanity. However, some risks can be avoided and are not as grave as others. To evaluate a risk, careful consideration is given to its nature and consequences. Risk is calculated relative to the damage an incident causes and the level, size, and extent of exposure to said damage. Hazard is the apparatus that causes the damage or harm, and exposure is the degree, depth, and scope of the risk as influenced by the nature of the source of danger. In other words, risk can be determined by multiplying hazard by exposure (Nemeth,

You have been asked to develop a risk inventory, risk map and the general risk response you would recommend to address each risk.

1) Identify potential risks associated with this project. Try to come up with at least five different risks.

The assessments must cover the details of the risk, who might be affected, the likelihood of occurrence, the severity of the risk, a risk rating, controls and contingencies.

List two (a) cultural hazards, (b) chemical hazards, (c) physical hazards, and (d) biological hazards.

Regarding the absence to work due to flooding (seen Annex 1), most of the respondents in Kaba-Kama confirmed not going to work for about 1 to 10 days in a year regarding the level of damage due to flooding and 33.33% of respondents stated never missing work due to flooding. This situation indicates that flood does not hamper all the people from going to work; they still have the motivation even if flooding occurs often in their area. In Basse-Layout the situation is less serious since 56.41% of respondents confirmed never missing work due to flooding.

Also, because of a clear quantitative metrics that are within a specific threshold and an arrangement to proceed with the plans, it can be used as a data analysis and does not require an expertise to be able to construct and utilize a risk matrix. Although some of this benefits are very important, some drawbacks when using a risk matrix are: insufficient resolution, inaccuracy, inconclusive figures, ineffective for random decision making and highly negative correlations. The impact of the risk is determined by using the impact criteria provided below. And the likelihood criteria are used to determine the likelihood of the hazard occurring. The range of the hazard is further analyzed from the risk matrix by evaluating the intersection of the impact and likelihood. This will aid in taking the decision of accepting the risk or not and a risk is usually considered acceptable if it has a very low significant level.

To assess the risks we need to determine the probability of them occurring by placing them into 5 different categories being rare, unlikely, possible, likely and very likely for example below:

Qualitative analysis: probability and impact assessment & matrix, risk categorization, risk urgency assessment, expert knowledge.

Risk: Risk is identified by each situation that could potentially bring harm to the town, and that may bring damage if the risk is very hazardous.