Risk Management

Posted: January 10th, 2014

You are Risk Manager for British Airways plc, based in London. You have been requested to carry out a risk analysis of the business and create a risk register. Using the model framework provided carry out the following actions;

(i) Identify 5 risk categories.

(ii) Identify and analyse all the risks you believe exist within the 5 categories and use the framework to grade the probability and impact of the risk. Create a score and RAG level for each risk

(iii) Create a 1 page memo to the Board of British Airways describing the top 3 risks that emerge from the risk analysis. Include comments on any actions you propose to reduce the risks

Question 2 (15% of marks)

Review the Corporate Governance statements for Cadbury Schweppes plc (pages 58-65 of the Annual Report 2008). From the description in the report, draw an organisation governance diagram showing the Board and committee structure by which the company is directed and controlled.

Question 3 (15% of marks)

You are the Risk Manager for Balfour Beatty. The company is tendering for a contract to build a new road bridge over the River Cam in central Cambridge. The board has asked you to describe the techniques that you would propose to use in order to identify risks. Prepare a report, noting at least 3 different techniques and describing what they are, why you would use these particular techniques and how they would be carried out.

Question 4 (for groups only 20% of marks)

Cadbury Schweppes wishes to ensure that wherever possible risks are transferred to other parties. Describe the main methods by which this can be achieved. Ensure your answer is specific to Cadbury Schweppes.