UniSamColes Limited Risk Management Plan

<Project Title>
Risk Management Plan
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Table of Contents
1 Executive Summary.................................................................................................................6
2 Introduction..............................................................................................................................6
3 Risk Assessment........................................................................................................................6
3.1 Identification.....................................................................................................................6
3.2 Analysis and Evaluation....................................................................................................8
4 Risk Mitigation.........................................................................................................................9
5 Risk Monitoring......................................................................................................................10
6 Roles and Responsibilities......................................................................................................10
6.1 Steering Committee.........................................................................................................10
6.2 Project Manager..............................................................................................................10
6.3 Project Team...................................................................................................................11
Appendix A: <Project Title> Risk Register (as at dd/mm/yy)................................................12

<Project Title> Project - Risk Management Plan
1 Executive Summary:
The aim of the report would be identifying the risks which the new firm namely,
UniSamColes Limited would face in Australia. The firm would be a collaboration of
Unilever, Samsung Electronics and Coles. The three business giants would have
representatives on the board of directors but no company would be able to control the
autonomy of UniSamColes. However, it is clear that the very business of the company would
face several risks. The report would aim to identify the risks and present mitigation strategies.
The risk mitigation has been presented in the form of Gantt chart and WBS.

<Project Title> Project - Risk Management Plan
2 Introduction
The purpose of the report would be identification of the risks which M/s
UniSamColes Limited would face in Australia in its initial years and in the host markets post
expansion. The risk report would also identify the factors which can trigger the risks and
strategies which the company would adopt in order to mitigate or at least minimise the
impacts on the risk identified. The product umbrella of M/s UniSamColes Limited would be
largely based on its collaborating companies namely, Unilever Australasia, Samsung
Electronics Australia Pty Limited and Coles Supermarkets Australia Pty Limited. Thus, it is
clear that the firm would directly come under the risks which these companies would face. It
can also be pointed out that since the management board of UniSamColes Limited would be
appointed by the three collaborating companies, any risk impacting these any of these three
companies would impact the decision making of the management of UniSamColes Limited.
It can also be pointed out that the namely of the company clearly bear the names of the three
collaborating giant companies. UniSamColes Limited would be able to attract both customers
and investors by using the market goodwill of the three collaborators. On the other hand, any
negative incidence occurring to these three companies would impact the capital and revenue
generation of UniSamColes Limited. Thus, it is clear that the report would also aim to study
the risks facing these three collaborating companies.

<Project Title> Project - Risk Management Plan
3 Risk Assessment
3.1 Identification
The report would identify eleven risks which UniSamColes Limited would face while
operating in Australia. The first risk identified is changes in corporate laws which would
require the company to form new policies by scrapping its old policies. The second risk
which the report would take into consideration would be supply chain risks which would
arise if the company has to cede its overseas supply chains owing to political tensions. The
third risk which UniSamCole would face would be entry of foreign companies into Australia
which may collaborate with its competitors like Woolworths. The fourth risks identified is
weakening of AUD against foreign currencies while the fifth risk which the company would
face would be trade wars between nations like the US and China. The sixth risk which the
company would face would be threats of inflation while the seventh risk which the company
would face would be changes in customer preferences. The other risks which the firm would
face would be increase in technological expenses, data theft risks, natural disasters and WHS
risks.
In this section specify:
4 1.Risk Trigger -
2. Risk Identification
Attached
3. Risk Description describe the nature of the risk
Attached