Risk management

Discussion Question 1: Strategies to Minimize Risk

 

Risk can be minimized, but not eliminated. Give an example of a risk management solution being taken too far, and explain how you would judge how far is too far. Give another example of a situation where you must accept a certain level of risk because the risk cannot be controlled for any further.

 

Discussion Question 2: Risk Management and Organizational Structure

 

Organizations have tried several different approaches for creating an organizational structure that supports collaboration between the risk management and quality management departments.

 

Which structure do you think would be most effective? Should the departments be combined? Should each department have a manager that reports to the same director? Is there a better alternative? Be sure to explain your answer.

 

Support your answers with examples and research. Your responses should clarify your understanding of the topic. They should be your own, original, and free from plagiarism. Follow the APA format for writing style, spelling and grammar, and citation of sources