Risk Management Paper: – APA format with a title page, 1-2 pages of content, and a References page if necessary. – Using the 5 step process, assess the risk involved with a specific scenario related

Risk Management Paper: – APA format with a title page, 1-2 pages of content, and a References page if necessary. – Using the 5 step process, assess the risk involved with a specific scenario related

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Risk Management Paper:

– APA format with a title page, 1-2 pages of content, and a References page if necessary. 

– Using the 5 step process, assess the risk involved with a specific scenario related to ground transportation.

– Describe the System – 1 Paragraph explaining the scope of your risk assessment (e.g. pedestrian safety on LU campus).- Identify Hazards – List (in paragraph form) at least 10 hazards. (E.g. Cars, scooters, ice on sidewalks, etc.)

– Analyze Risk – Select at least 3 risks derived from some of the hazards and explain the reasonable severity and likelihood of that risk using the Risk Matrix in chapter 2 (e.g. the severity of being run over by a car is severe because this would likely cause severe, potentially life threatening injury. The likelihood of an individual being run over by a car is improbable, however, because it is unlikely to occur to most students). 

– Assess the Risk – determine whether the risk is already acceptable using existing mitigations/best practices (e.g. the risk of being run over by a car is mitigated by having a pedestrian breezeway physically separated from road traffic, and by using sidewalks and crosswalks throughout campus. This risk is low enough to be acceptable with existing mitigations). 

– Mitigate the Risk – propose at least one additional mitigation for one of the risks assessed in order to lower the severity and/or likelihood of the risk occurring. (E.G. requiring pedestrians to look both ways before using a crosswalk would mitigate the likelihood of a collision by increasing situational awareness).

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