COURSE: ENTERPRISE RISK MANAGEMENT

PROJECT: STORA ENSO

Question 1.

Likelihood-Impact Table Sheet

Question 2.

Risk-Scores
Question 3.

PRIORITY RISK JUSTIFICATION

LEVEL

P1 Risk 3 It is linked directly with the revenue and is

having the highest financial impact and non-
financial impact of low morale for the
employees.

P2 Risk 2 It leads to inefficient manufacturing process

including 15% raw material being wasted
which in turn leads to 3.1 to 3.4-million-
dollar financial impact and loss of the
branding of company.

P3 Risk 4 Its impact is immediate leading to financial

impact of 2.4 to 2.6 million dollar due to
closure of night shift working and it leads to
termination of several night-shift workers’
services.

P4 Risk 1 Its monetary impact is 1.7 to 1.9 million $

and is high velocity risk leading to breach in
data security.

P5 Risk 5 It is having the least financial impact of 0.6

to 0.8 million $ and has no negative impact
on brand value as it is just inhibiting the
brand value growth.
Question 4.

Risk-Aggravating Factors

Question 5.

Risk-mitigation strategies