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Best Practices for Risk Management - PDF

Added on - 17 Jun 2021

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Running head:RESEARCH PROPOSAL1RESEARCH PROPOSAL[Author][Institution]
RESEARCH PROPOSAL2Table of ContentsIntroduction..........................................................................................................................3Background of the study..................................................................................................3Justification of the study..................................................................................................3Research Question...........................................................................................................4Aim and Objectives.........................................................................................................4Literature Review................................................................................................................4Research Methodology........................................................................................................7Research Design..............................................................................................................7Research Technique.........................................................................................................7Data Collection Method...................................................................................................8Data Analysis...................................................................................................................9Gantt chart.......................................................................................................................9Risk Identification.........................................................................................................10Ethical Consideration.....................................................................................................10Technological requirements...........................................................................................11Conclusion.........................................................................................................................11References..........................................................................................................................13
RESEARCH PROPOSAL3List of TablesTable 1: Gantt chart.......................................................................................................................10
RESEARCH PROPOSAL4IntroductionBackground of the studyRisk assessment is done in every organization in order to forecast and evaluate the risksassociated with every task and department. It is done to identify the process to mitigate the risksso that its impacts could be minimized. Similarly, risk management is also done in themanufacturing units as it possess high amount of risk (Sodhi, Son and Tang, 2012). The majoraim of this report is to identify the best practices used in risk assessment and managmentparticularly in the manufacturing sector of UK region. Several standards have been set andguidelines have been provided to the manufacturing units to follow for managing the risk byadopting the best practices. Moreover, the researcher will carry out the research by doingsystematic review of the best practices adopted in the manufacturing sectors of UK.Justification of the studyThis study is done in order to identify whether the best practices which have been set forthe risk assessment and management is followed by manufacturing unit or not. Moreover, thesystematic review of the best practices will help the researcher to give their opinion about itsreliability and validity (Chance and Brooks, 2015). Moreover, this study will reveal that whetherthe best practices for risk assessment have been adopted by the manufacturing sector of UK ornot. Most importantly, through this research study, reader will be able to identify the bestpractices or guidelines or standards which have been set for managing the risk.Research QuestionHow to conduct the systematic review for identifying best practices in risk assessment andmanagement in the manufacturing sector in UK?
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