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Risk Assessment Process - Report

   

Added on  2020-01-28

7 Pages1719 Words93 Views
Professional Development
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REFLECTIVE REPORT 1
Risk Assessment Process - Report_1

TABLE OF CONTENTSREFLECTIVE REPORT .................................................................................................................32
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REFLECTIVEWhat happened at key points of the process? In the present assignment has been performed by me in a team which also assisted me inamending my knowledge regarding various aspects of enterprise risk management procedure. Inorder to progress with the study, Airbus Group was selected. It is a big corporation that deals inaerospace industry (About us. 2016). In this report, different components related with riskassessment process were studied. At the initial stage of this report, my team has emphasized ondividing the task in equal manner and planning the various functions so that objective can beattained in desirable manner. In this respect, group discussion was conducted where the providedtopic was talked about. Therefore, brief overview of significance of risk assessment for theAirbus group was provided. Thereafter, presentation was conducted for detailing out the steps ofrisk assessment procedure prior to final execution process. Hence, I came at conclusion that riskmanagement is important process that facilitate risk, identification, evaluation, assignment,threshold and mitigation. With the help of this assignment it has been identified that risk arecategorized broadly into 20 segments. Further, it has been ascertained that risk map is effectivetool that can be used to transmit specific risk that are faced by Airbus Group. Feelings At the initial stage of the assignment, I was unsure as it was my first experience to be apart of team having competent and skilled members having more knowledge than me. However,due to strong support from my team members my confidence was built up. As mentioned, myteam was equipped with qualified members who provided me with positive direction in thecourse of risk management process. Team working further amended by communication skills asI participated in group discussions, gave my suggestion, feedback etc. I also gained knowledgeabout time management skills which facilitated me to complete the assigned work withinprescribed time frame. By completing my work on time, I got good remarks from my superiorsan other experienced members of team which further improved my confidence and morale level.Overall, It has developed positive attitude within me and I don't hesitate and accept newchallenges. The present knowledge has also furnished me information regarding different areas3
Risk Assessment Process - Report_3

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