Assignment

Project Management Albert Pinto

Risk Response Planning

Submitted to: Prof Tapan Bagchi

Submitted by:

Anshul Verma (WMP 10055)

RISK IDENTIFICATION

R
EVENTS

IMPACTS

Heart Attack

I
Stroke

Death
Disability
Financial Loss
Job loss

S
Psychological
Breakdown

K
Hypertension

Difficulty in familys
Lively hood
Disturbed personal
& professional life

RISK ANALYSIS
Loss
Proposition

Hypertension

Hypertension

2008

Psychological
Break down

Stroke

Heart
Attack

Decided on the basis of

brainstorming and some
basic assumptions

Heart Attack

Stroke

Psychological
Breakdown

Severity***
***The probability and severity have been shown
on an ordinal scale

Probability***

RISK MAPPING

RESOLVING & MONITORING RISK

Prevent- 5
Mitigate- 1,2,3,6,8
Transfer- 4,10
Accept- 7,9

1,5,6,7,9

Impact

2,3,8, 10

Stressful
Environment
Sedentary
Job

Change work place ergonomics (4)

Physical exercise pre/post office hours (5)

Overweight

Physical exercise pre/post office hours

Controlled diet (6)

High BP

Physical exercise pre/post office hours

Regular physical checkup (7)

Alcoholic
Nature
Cholesterol
Level

Ease

Prioritize the daily activities (1)

Build network with bank officers union (2)
Carefully plan succession and offload some functions
Through delegation (3)

Avoid/reduce alcohol (8)

Socialize more in family circles (9)
Switch to non alcoholic drink (10)
Avoid/reduce alcohol
Controlled diet
Regular physical checkup

RESOLVING & MONITORING RISK

Prevent
Mitigate- 11,12,13

Proximity to
Hospital

Change residence to a more suitable locality (11)

Work with local councilor to set up a medical ward
Nearby (12)

Proximity to
Ambulance
Service

Change residence to a more suitable locality

Work with local clubs/ NGOs/ Social Welfare
organizations to start up an ambulance service (13)

Transfer- 16
Accept-14,15,17

14, 15,
17

Impact

11, 12,
13

16

Ease

Wifes
inability to
drive
Low savings/
insurance
cover

Teach wife to drive (14)

Hire drivers on call services (15)

Change of lifestyle (16)

Avail better health insurance cover (17)