There are two task listed below both with negative and positive risk for each ri
ID: 2730900 • Letter: T
Question
There are two task listed below both with negative and positive risk for each risk i need help doing the risk discription, preventive, post actions and the risk impact for each.
Task #1
Financial budget positive Risk
1. Reduction in Investment Risk
2. Opportunity to create more funding resources to manage buffer
3. Resource planning
4. Decision on product offering by calculating ROI
5. Supply chain planning
Negative Risks
1. Lead to usage of buffer funding
2. Result in making decision on financial basis but market
3. Add mechanization into the whole system
4. Avoid using innovative approach
5. May impact offering and Quality of service
Task #2
Construction and reconstruction positive Risk:
1. Freshness into the look and ambience of Coffee shop
2. Chance of increase in footfall after renovation
3. Availability of new resources and facility
4. Help in improving internal design of Coffee shop
5. May offer location advantage to the Shop
Negative Risks
1. Impact in business during construction time
2. May loose the identity among the customer
3. Need to promote the shop with new address name if name of building also change
4. May lead to increase in competition if other shop also open in renovated building
5. Uncertainty about the impact on business during and after reconstruction of building
Explanation / Answer
Ans;
Task #1
Financial budget positive Risk
4. Decision on product offering by calculating ROI
Negative Risks
2. Result in making decision on financial basis but market
Task #2
Construction and reconstruction positive Risk
1. Freshness into the look and ambience of Coffee shop
Negative Risks
4. May lead to increase in competition if other shop also open in renovated building
Related Questions
drjack9650@gmail.com
Navigate
Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.