The Current Risk Management Policies Processes and Procedures in Qantas Airline

Added on -2020-02-18

| 6 pages| 825 words| 126 views

Trusted by 2+ million users,
1000+ happy students everyday

Showing pages 1 to 3 of 6 pages

Running head:MANAGING RISKManaging RiskName of the Student:Name of the University:Author’s Note:
2MANAGING RISKTable of Contents1. Identification of the current risk management policies processes and procedures in context ofQantas Airline..................................................................................................................................32. Scope of the risk management.....................................................................................................33. Impact of different factors on risk management..........................................................................34. Critical success factor..................................................................................................................45. Identification of the stakeholders.................................................................................................46. Communication process with the stakeholders............................................................................47. Description of the support level for risk management.................................................................5References........................................................................................................................................6
3MANAGING RISK1. Identification of the current risk management policies processes and procedures incontext of Qantas AirlineQantas airline has undertaken specific safety policies and procedures in order to managethe risk. However, it is important for the aviation industry to take good steps for riskmanagement (Yilmaz and Flouris 2017). Identification of risk and hazards in the workplace is avital process o such organization to manage risk. Therefore, analysis, control and monitoring therisk are the major processes of such organization. Protection of airspace and reduction ofdangerous goods are undertaken by this organization to reduce risk. This organization followsAustralian Transport Safety policy ATSB). Among such risk management proceduresidentification of the risk is considered as the strength while maintenance only ATSB policy isconsidered as the weakness of such organization. However, this organization needs to followmore policies of the airline government to reduce risk.2. Scope of the risk managementEstablishment of an efficient organizational framework can be done by managing risk(Wada et al. 2017). However, in the context of Qantas airline identification of the hazards in theworkplace leads this organization to understand the background of the risk. Development of theeffective framework is considered as the scope of risk management as a safe working cultureenhances the organizational performance by providing a healthy environment to the stakeholders.

Found this document preview useful?

You are reading a preview
Upload your documents to download
or
Become a Desklib member to get accesss

Premium

$45

Q&A Library Access

Chat support

12

Document Unlocks

4

Answer Unlocks

Students who viewed this