Case Study for small business risk environment:

A small cleaning company specialises in providing contract cleaning services for medical providers. A
recent OH&S audit conducted internally by this company identified the following hazards:
 manual handling tasks including heavy lifting and repetitive, forceful or awkward movements
 the work environment, including wet floors and cluttered workspaces
 unsafe work practices, including faulty electrical equipment
 prevalence of sharp materials resulting in exposure to dangerous blood-borne viruses
 the use of hazardous chemicals.

Questions:
1. Write a SWOT analysis for above mentioned industry with detail examples.
- 5 Marks

2. Describe how a firm can use each risk management technique to manage risk. Include
examples.
RISK TECHNIQUES DESCRIPTIONS /EXAMPLES
Risk avoidance
Risk reduction
Risk assumption
Shifting risk
- 10 Marks

Case Study for Project Risk Management:

Tony and his team identified some risks during the first month of the Recreation and Wellness Intranet
Project. However, all they did was document the risks in a list. They never ranked the risks or
developed any response strategies. Because the project has had several problems, such as key team
members leaving the company, users being uncooperative, and team members not providing good
status information, Tony has decided to be more proactive in managing risks. He also wants to address
positive risks as well as negative risks.
Questions:
st
1. Once the 1 month risk assessment is completed what should be the next step for the
management? Write detail approach with examples.
- 5 Marks

2. Develop a response strategy for one of the negative risks. Define your rationale, response
strategy, and a separate paragraph describing what specific tasks would be required to
implement the strategy. Include time and cost estimates for each strategy as well.
- 10 Marks