Management Manage Risk Assessment 2022

Management 1
Manage Risk

Management 2
Contents
Assessment 1 Case Study..............................................................................................................3
Part A...........................................................................................................................................3
1. Summary of the organization.........................................................................................3
2. Management of risks Principles.....................................................................................4
3. Internal and external stakeholders................................................................................4
4. External factors related to the business operations.....................................................5
5. Recommended scope for Management of risks process..............................................6
Assessment 2 Observation with Role Play......................................................................................7
 Agenda and Summary of Management of risks report.........................................................7
 Represent the relevant stakeholders......................................................................................9
 Consultation session with risk manager...............................................................................9
 Management of risks Action Pan........................................................................................11
References......................................................................................................................................12

Management 3
Assessment 1 Case Study
1. Summary of the organization
 Main activities and procedures
The organization bounce Fitness works in the process of fitness centers. This
organization provides fitness and wellness in Australia. This organization makes brand
excellence in the market. The main activity of this organization is to create and implement
wellness programs (Wu, et al., 2014). The market need is one of the important processes for
the organization relates to the reduction of the costs and increases the efficiency of the
employees to provide better fitness services.
 Key objectives
The objectives of the bounce fitness business related to the wellness programs and
provide fitness process to the people (Woodward, et al., 2014). The main key objectives of
the business of bounce fitness are described below-
1. One of the main objectives of the business is to provide quality training to promote
health and fitness.
2. The other main objective is to expand the employee’s team to provide quality services
to the customers.
3. The last main objective is to manage the risk by using the Management of risks plan.
 Existing procedures for Management of risks
The organization to manage the risk by various procedures so that a proper
Management of risks plan managed. The various procedures used for Management of
risks are described below-
1. The proper identification of the risk is done in the bounce fitness organization.
2. The proper risk is analyzed to solve the risk from the organization

Management 4
3. The risk is evaluated to review the major factors in the business occurred due to the
managing of risk.
4. The last procedure relates to risk mitigation and risk control to manage the risks from
the organization.