Outline hierarchy of control measures, giving an example of each why this measure would be chosen above other for different risk controls.
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- Outline any five hierarchy of control measures, giving an example of why this measure would be chosen above other for different risk controls??JSA data is analyzed through a sequential breakdown of relevant steps and safety hazards in each step determined. Consequently, the identified hazards are then categorized into different risk levels, and preventive measures are determined. How does this help with prioritizing risks and could there be a pitfall if prioritizing does not occur?There should be a list of the five risk-control methodologies, with short descriptions of each.
- In IT projects, quality controls are crucial to ensure fitness for purpose of the endproduct. Briefly argue the need and relevance of a project quality plan, then state and justifyat least three relevant tools and/or techniques necessary to ensure quality controlfor this project.Case Study: Montana Mountain Biking Jerry Singleton founded Montana Mountain Biking (MMB) 18 years ago. MMB offers one-week guided mountain biking expeditions based in four Montana locations. Most of MMB’s new customers hear about the company and its tours from existing customers. Many of MMB’s customers come back every year for a mountain biking expedition; about 80 percent of the riders on any given expedition are repeat customers.Jerry is happy with this high repeat percentage, but he is worried that MMB is missing a large potential market. He has been reluctant to spend a lot of money on advertising. About 10 yearsago, he spent $80,000 on a print advertising campaign that included ads in several outdoor interest and sports magazines, but the ads did not generate enough additional customers to cover the cost of the advertising. Five years ago, a marketing consultant advised Jerry that the ads had not been placed well. The magazines did not reach the serious mountain bike enthusiast,…1. With respect to a cause – effect (fishbone) diagram, which of the following statements are true? a) The effect is critically analyzed to relate it to the causes of the problem b) Suppliers, Distributors and Top Management are the entities analyzed in the cause section of the fishbone diagram c) The targeted improvements are generally represented as the “effect” in the fishbone diagram d) None of the above 2. A fastfood joint offers a home delivery with a promise of 20 minute window for delivery. On a particular day there was considerable delay in delivery on account of heavy traffic in the city. Since several customers started calling the fastfood joint, the unit manager put the phone in automatic answering mode, which merely repeated "We are on our way to your place". Which of the following statements are true with respect to the service quality? a) The customers would not have been affected much by this behavior as they have been given a response b) The service quality will…
- The process of monitoring activities,measuring performance, comparingresults to objectives, and makingmodifications and corrections whenneeded.Discuss the controls that would reduce the risks described in aboveCASE STUDY ON NETFLIXNetflix was founded on August 29, 1997, in Scotts Valley, California when their founders MarcRandolph and Reed Hastings came up with the idea of starting the service of offering online movierentals. The company began its operations of rental stores with only 30 employees and 925 titlesavailable, which was almost the entire catalogue of DVDs in print at the time, through the pay-perrent model with rates and due dates. Rentals were around $4 plus a $2 postage charge. Aftersignificant growth, Netflix decided to switch to a subscriber-based model.In 2000, Netflix introduced a personalized movie recommendation system. In this system, a userbased rating helps to accurately predict choices for Netflix members. By 2005, the number ofNetflix subscribers rose to 4.2 million. On October 1, 2006, Netflix offered a $1,000,000 prize tothe first developer of a video-recommendation algorithm that could beat its existing algorithm Cinematch, at predicting customer ratings by more…
- Explain the hierarchy of controls and how it assists in selecting and implementing appropriate risk controls??1. Spot the hazard If you spot something hazardous, what should you do? Simple hazard (e.g. boxes on the floor in the way) More complex hazard (e.g. frayed cords, damaged equipment) 2.Assess the risk b. What two main things should the person in charge or responsible for safety consider when assessing the risk? 3. Make the changes c. What sort of risk control measures should they consider?What do you think are the most crucial elements to consider when designing an internal control system? Why? Think about all six sides of the regulatory classification cube (purpose, action, and severity).