This report provides a comprehensive analysis of facility and risk management, focusing on the concepts of risk, risk management processes, and venue risk analysis. It explores the definition of risk, various types of risks (strategic, governance, operational, etc.), and the importance of risk management strategies within the hospitality industry. The report highlights the application of risk management in the context of the venue 'Georges Paragon,' a seafood restaurant. It details the risk ranking system, including hazard identification, impact assessment, and the process of evaluating and treating risks. The report emphasizes the importance of assigning risk owners, reviewing risks, and reporting on risks to ensure effective risk mitigation and overall operational efficiency. The report also underscores the importance of risk management in various industries, including hospitality, to ensure the success of any business.
![[object Object]](/_next/static/media/star-bottom.7253800d.svg)
