Risk management in the Colleges

Risk management in the Colleges

Write a report with 1000 words on any risk management in the Colleges. Report should cover the main steps of risk management, clearly outlining what was done in each stage. Follow the guidelines:

– Identify the Risk.

– Analyze the risk

– Evaluate or Rank the Risk

– Treat the Risk

– Monitor and Review the risk.

– Conclusion

Solution Preview

Risk identification
There are various kinds of risks experienced in institutions of learning like colleges. These risks affect these learning institutions negatively as well as interfering with the way they undertake their normal operations. Threats range from academic, compliance, financial, operational, reputational as well as strategic risks. Fire is one the operational dangers which is experienced in many colleges.

(1,121 words)