Comprehensive Risk Management Analysis and Plan

Identify a risk, its factors, and develop a risk management plan
to combat potential issues that can arise. Every two years the Government
Accountability Office (GAO) establishes a list of agencies and program areas that are
high risk due to various vulnerabilities.

1. Identify a risk (ex. political, environmental, social, organizational, etc.).
2. Discuss the factors that have caused the potential for the risk.
3. Include a proposal to mitigate the risk.
4. Explain how a risk management plan will be developed.
5. Develop a risk management plan that includes the following:
   a. The stages
   b. Local implications
   c. International implications
   d. Implications on citizens
   e. Government intervention to assist citizens
   f. Political implications
   g. Financial implications
   h. Ethical implications
   i. Stakeholders
   j. Communication methods
   k. Technology and tools
6. Discuss potential issues that may arise after the crisis

Sample Solution