Essay Schedule a Full Review of the Risk Management Process – Management Assignment Help

Assignment Task:

TASK:

Schedule a full review of the risk management process within six months of the new stores opening.

• Risks identified Under the disks Identified heading, develop an initial list of risks to discuss at a meeting with senior Management., a guide, this should be between 6 to 10 risks.

• Classify project risks

• Potential trannent methods For each of the asks that you identify, suggest at least two potential treatment measures for dismission, including the strengths and wealmesses of measures of each for discussion at the meeting. 
Use the Risk Management Plan Template to guide your work. Your risk management plan should be about four pages long. 
Risk Management approaches The next actions might need to be following to contribute in the solution or prevention or the risks find for this project, it is necessary to advise with stakeholders before take further actions and evaluate others options to avoid risks based on these decisions. 
Risk 1 run out of stock If the decision to open two new stores Nature Care Products production factory needs to guarantee supply enough products to sale in two stores, based in an economic study that show the possible sales in each of the new stores. 
Risk 2 Hire appropriate staff As a recommendation is necessary to hire a recruitment company that helps in the process of staff selection and guarantee a correct sales training. The training provided needs to be evaluated by Nature Care Human Resource Manager, and it needs to achieve the company standards and policies. 
Risk 3 Over bugged The process of open two stores is a new type of project in the company which means a high risk of get over bugged due that is the first time that the company open a own store. To avoid this risk is necessary to hire a Project Manager with experience in this type of project. It could be cheaper that get over bugged trough project development. 
Risk 4 Legal issues Hire an external Project Manager can help to minimise the risk of legal issues. This person could know the legal procedures to open a new store. 
Risk 5 Correct location Before decide to start the process of set up the development a guarantee the are the correct 
res is necessary to red place can w any stores 

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Risk 6 New stores recognition As a brand Nature Care Products has a recognition in some