The Mayo Clinic and Its Risk Management Facility

The Mayo Clinic and Its Risk Management Facility

Murphy, S., indicated in his work that “the risk management is comparable to that of the immune system”. Considering that is not a thing or a part of something, but it is co-existing with each other like that of an organ or a part of it. Connecting into a larger organ or organization that must be able to go beyond its performance perfectly. Murphy, S., conveyed that the similarities between the immune system and the risk management are that one cannot fix or do something immediately when something is wrong. But to have a perfect immune system, one has to live a healthy lifestyle, have the best healthy eating habit and exercise to have an active physical activity as well. This is just the same goes with risk management, one will never give attention to a problem unless something wrong is identified. This exactly how the risk management works in the Mayo Clinic. The aim of the risk management and the immune system is not to put an end at all the bad things happening, but on the contrary, the risk management will learn from the bad occurrence that happened and existed in the healthcare facility. Furthermore, in view of this paper, the immune system is susceptible to all kinds of germs and virus that is a fact and no one is able to stop it from doing so, and the reality is that among this virus and germs the body gets stronger. Likewise, a tough organization needs to keep an eye on the same process as a matter of fact, this could make or break of an organization just like in the case of the Mayo Clinic. It is our reaction and adjustment to the case defines if we get resilient or vulnerable.

Upon watching the video from Phigenics. The Mayo Clinic openly presented the case of Legionella that affected their facility since it is already in their 150th years’ existing. They are accepting the fact they are experiencing some flaws from their designs and admittedly the structures of their buildings are really old. The organization facing this problem cooperatively acted on the problem. Facility management come together with infection control professionals and conceived a processing extent that ultimately led to a Water Management Program. Phigenics. Made it clear that their goal was “to be able to address the risks to the patients related with waterborne contaminants, either both biological and corrosion connected, in potable water systems.” Just like what is expected from a risk management program of a healthcare facility, the Mayo Clinic risk management program established a scope of work and went to leadership for project approval and funding. Similar procedures were taken by the risk management, by doing so there is no conflict in their implementation of the risk management program. They were able to involve Phigenics as a Legionella expert and Legionella assessing company to help them work out and put into operation a comprehensive and maintainable Water Management Program.

The conception of a multi-disciplinary team working within the hospital and outside of the facility with the assistance from the experts in the infection control and industrial hygiene. These working groups are consisting of the maintenance technicians, supervisors and mechanical engineers who would work out through the procedures for hazard control. It is important to take note of that the program would cover twenty-six buildings with the coverage area of 7,500,000 square feet, so an effective leadership is significant. Hence, the creation of a multi-disciplinary team will function as the overseer plays a vital role in the implementation and publishing of certain policy and guidelines in the healthcare facility for public awareness. Phigenics. Illustrates in their video, besides in the inclusion of in-house personnel, the Water Management Team included consultants from Phigenics. This team would be in charge of supervision by a specialist care and secondary progress, with their task as clearing a path for hazard control activities, and advancing improvements. As a part of their job description being a liaison with administration and ensured teams were communicating and documenting their work correctly. Full comprehensive reporting in their video presentation Phigenics. With diagrams and flow charts were displayed to show that the risk management program is really being followed by the management of the Mayo Clinic. Phigenics. Show the diagram about the processing of water throughout each building with each processing step named and numbered. From there the team completed a population-based risk assessment, this is regarded as areas with immunosuppressed patients as very high risk and non-patient areas, like waiting rooms, as low- risk areas. Generally speaking, everything that a healthcare facility’s risk management program strategies are being followed accordingly by the Mayo Clinic thus there is no inconsistency or whatsoever in this issue. Just to make sure that the management is strictly following the steps of the risk management facility program, the next step is to perform a systemic hazard analysis.

For this step, the team reviewed the flow diagrams carefully to identify hazards, then they characterize which risks are significant or not, and afterwards, the team determines if additional hazard control was needed. This is really what an organization should be doing and applying in their risk management program. Being under a good leadership the Mayo Clinic Water Management Team were able to identify seven areas as “control locations” as indicated in Phigenics. In supporting to regulate the hazards in these locations, team members are expected to develop control limits, then they chose monitoring methods, and lastly, the team is set to revise certain actions further. By processing and gathering of data, the team is closely observing the chlorine reaction to the water treatment plant. This procedure was also put into practice with the rest of the six controlled locations with the additional places where water is consumed either at drinking fountains and vendo machines or for the use in the restrooms. It is vital to monitor where the flow of water is coming to and coming from the pipes and being distributed to the said controlled locations. And true to its goal and purpose, all of this information was documented and accessible to all team members in Mayo Clinic’s phiAnalytics Water Management Program website. It is necessary to publish the managements’ action regarding the hazard control conflict. Used for the last two steps in the undertaking of risk management, are verification and validation. Intended for Mayo, the program is verified through online logs, oversight from the team, and quarterly check-in meetings. As stated earlier, everything must be documented for all the activities in the duration of the water treatment management program. Since it is easy for everyone to check on the Mayo clinic’s website anytime, then the organization is responsible for correct and comprehensive documentation that is verified by the team to give the public a verified data and report.

Fortunately, the Mayo Clinic has never had a Legionella outbreak. This framework allows them to act in response quickly to get a situation under control promptly and prove that they had done all in their power to prevent it in the first place. With all the data and reports about the incident, there is never a doubt that by establishing a Water management program provides a means to act on in a coordinated manner should a conflict surfaces. Upon investigation during the experiment is being done, the Mayo Clinic is proud to say that no matching Legionella was detected in the potable water system or inpatient hospital rooms. This is all because of good leadership in providing a quality healthcare assurance program is implanted in a healthcare facility. Hopefully, healthcare facilities will be like that of the Mayo Clinic having as their goal is to serve and render quality healthcare services to the people.

Reasons Why Big Data are Relevant to Risk Management

Reasons Why Big Data are Relevant to Risk Management

In the Islamic financial world where there are many questions regarding the Islamic risk management which there are numerous issues such as the limited data. the illiquid instruments to use and many other risks. A lot of studies have focused on risks that are particularly aimed at being controlled risks and how to manage them in a way of that reduces “bad effect” in decision making wherefore the issue of how the risk originally exists and why it is perceived as a bad effect instead of a good one should first be answered.

Big data technologies can help Risk groups acquire exact risk intelligence, drawn from an assortment of data sources, in nearly Real-time. Inside the financial services industry, they can permit asset manager, banks and insurance agencies to proactively recognize potential dangers, respond quicker and all the more adequately, and settle on strong choices educated by a great many risk variable.

At the point when applied to risk management inside the financial services related industry, we would include ‘high-veracity’ and ‘high-value’ to this list- compelling examination of this data can possibly drive expanded accuracy and dependability, and offers conceivably huge cost reserve funds by combatting the potential significant cost saving by combatting risk that can cost financial institutions fortunes’. Big data technologies are set to change the world of risk management big data technologies given the chances to address these challenges.

Risk Management faces new requests and difficulties. Because of the upheaval, regulators are requiring progressively point by point data and in-depth reports. Later, distinctly published ‘rogue trader’ and money laundering scandal where the unhealthy activity of having illegal tax avoidance outrages have provoked further industry calls for enhanced risk checking and risk modelling. As the advent of financial crisis in diverse part of the world, and a correlated emphasis on systematic financial risk, there have been many developments of the international financial regulation which designed to mitigating such a risk, therefore the created first systematic risk model based on big data.

Big data technologies given the chances to address these challenges. Based on the applied viewpoint in the Cerchiello and Giudici journal, it shows that the risk model can go far on the interrelationship between financial institution industry. As the big data have a tremendous, far fetching technologies which will permit the improvement of models that will bolster regular risk officer on the decision-making. Ready to process immeasurable amount of data in quick time-frame, the technologies can likewise suit new stipulation for situation stress tests at the trade exchange, counterparty and portfolio levels. By using big data, Incidents are identified quickly and a broader perspective of the situation is offered, which allows for reactions in almost real time.

These days, everyone is talking about the estimation value of big data, yet finding down useful approaches to put this data to use remains a test for risk managers. One of the best ways is by utilizing big data to enhance chance administration and decide an organization’s total cost of risk. One other thing that big data incorporate is that it is crucial when picking at a strategy for how you will address, limit and manage with these costs, you’re taking a gander at everything in a progressively all-encompassing route in light of the fact that there is a great deal of interrelation. The things that you can do to address one viewpoint or aspect in total cost of risk may affect another. Thus, it will manage to broaden the risk management choices.

Principally, the data management challenges. According to Shukla, big data management and analytics has turned into an exceptionally vital apparatus in risk management in the banking sector and yet, with such a large number of various kinds of information accessible overseeing sheer volume of data is one of the greatest difficulties for keeping banking industry. Once more, the challenge makes itself discernible when attempting to deal with data that is helpful and data which are unfavourable. Financial institutions currently need to channel through considerably more information to distinguish fraud. Breaking down traditional client data is not sufficient as most client communications currently happen through the Internet, portable applications and online life. To pick up a driven edge, financial institution service needs to use enormous information to all the more likely consent to controls, recognize and anticipate extortion, decide client conduct, increase of sales, create data-driven items and significantly more. Significant issue identified with data analytics in developing nations concern over the importance of the data in, its representativeness, its unwavering reliability and also the larger privacy issues of using personal data.

Next, Big Data significantly help with the financial risk. As the Big Data allows Fintech industries to identify risk and opportunities of emergent technologies in order to provide efficient and sustainable financial services. Hence, the amount of data available online increases exponentially by the second whereas for the reason that their immediate availability, financial sectors has the opportunity in predicting the risk having quick reaction time to counter and increase the effectiveness of the sector.

Big data has made lots of significant role towards the risk management, primarily is credit risk. In Bank Islam, the application of using scorecard such as Statistical and Behavioural scorecards have help the bank evaluate client circumstances and manage to take preventive action (Thijs, n.d.). According to a survey by The Economist Intelligence Unit, businesses and entities reports that the most successful use of Big Data tools on the risk management activity is prevention of credit card fraud at the top and following by, the evaluation of credit repayment risk, analysing the liquidity requirements, regulatory compliance and reporting, also the least benefits is prediction on market trends. Big Data Analytics in banking sector helps early detection cases of high-risk accounts thereby helping in risk management thereby by reducing cases of frauds and defaults (Shukla, 2018). Following are operational risk. As it comes down to human error mostly the risk is high. Not every system provider can cater to complexity of Islamic Banking Products, therefore it needs efficient data integration and treat data integration very seriously as to cleanse and enrich the data. Big Data’s potential power lies in its ability to integrate a variety of platforms into a single solution, which provides more control and information about client interactions, while improving security and confidentiality. As for market risk, there are plenty method to use such as Monte Carlo simulation which presents many possible developments as it requires huge amount of calculation, the big data plays role in this by covering all bases. Big Data allows for better business and market simulations and predictions, such as interest rates, exchange rates, liquidity, and raw material prices. Not only that, big data too has redefined risk and create more business models and opportunities.

Nonetheless, the issues related to risk management in Islamic financial institutions requires significant attention. This is because some risks arise due to the nature of Islamic financial institutions themselves. Big Data applications have great potential, but they are still in the initial phases of development and implementation. The availability of those data cannot solve every single problem, and in fact, big data poses as many technical challenges as well as opportunities for organizations and regulators. The talk about using Big Data models for risk management was more at an academic level and less in practice. Various institutions need to keep up with smaller, more agile companies and peer to peer models.

Use of Risk Management in Civil Engineering

Use of Risk Management in Civil Engineering

The person who applies science, mathematics, economics, social and practical knowledge to, design, manufacture and maintain buildings, materials, machines, chemicals, electronic devices, software and etc can be called as Engineers. Engineering which is a branch of science; always cares about the applications. So hazards are very common in this engineering field. Each engineering fields has different types of hazards. Many engineering fields only consists small amount of risks whereas some engineering fields consists large amount of risks. Civil engineering, Mechanical engineering, Chemical engineering and Electrical engineering are some of the engineering fields consists lots of hazards. Not only lab works but also site works are in these fields. We are going to explore the risk management process of civil engineering in this essay.

First we can discuss about the real definitions of words such as risk, hazard, and accident. Risk is defined as chance of getting loss or failure. If any property or the environment has chances to harm the human, this will be called as Hazard. Accident is an incident that happen unfortunately and unexpectedly resulting injuries and damages. Unsafe working conditions and unsafe activities lead to the accident. So safety in construction projects is essential. Reducing the hazards by developing and improving safety procedures is defined as safety engineering.

It is necessary to create policies to reduce the hazards. Policies should be updated with the time. Inspecting the construction site should be done frequently. If any hazards are identified, then proper procedures should be done to decrease the risk. If any unusable or broken equipment are found, they should be replaced immediately. They have to check whether construction workers don’t take safety equipments while working. After an accident, the proper reason should be revealed after the full investigation. If lack of safety is the reason for the accident, then essential safety should be provided. All the employees should be trained based on their works. They should be taught how to act in critical situations. They should be taught about the safety. Frequent meetings should be made with the workers. The records such as number of deaths and number of injuries must be maintained. These are the some of the basic functions of safety engineering.

This step is the most essential step in risk management because avoiding risks without identifying is impossible. In this step construction site will be fully analyzed. Possible problems or risks will be identified. However identifying risk is not an easy work. It will take lot of time. Generally identifying process includes lots of tests and analyses. Construction site will be evaluated in following chapters.

· Necessary tests will be done to check the land quality. Other kind of necessary tests also will be made. Proper permits will be gotten from government and respective organizations. Quality of the materials also tested. In this principle, quality of the future building will be analyzed. If we don’t consider these evolutions, building has higher chance of getting failure.

· In this process management will analyze whether the construction workers have proper knowledge on safety and have proper skills to do the work. And management will also analyze whether is there any conflict or problems between construction employees.

· To prevent from the financial loss, the full expense of construction project is calculated. Change in plan may cost a lot. Customer may have not the ability to settle the full amount. In critical situations money should be spent. Thus all details and plans is analyzed lot.

· Delays may lead to financial loss. Wage for the extra day and other costs will lead to financial loss. So analyzing the possible delays is also an important task. It will be harder to fulfill the project before the customer’s deadline.

These risks are identifiable in planning before the construction work. But some risks can’t be identified in the planning process. Some risks want to be identified during the construction process. When we look around the construction site, if we find something gets wrong, we have to research on it.

Now all the details about risks are analyzed. Management will analyze how do the risk affects the construction, Risks should be categorized into legal, physical, financial, or ethical risks. In this process, management calculates the possibility of the risks. Then in each categorize risks are analyzed lot.

Management determines how danger each risk is. Here possible risks are ranked based on their probability for danger and the impact can be caused because of the danger. They will consider money and time factors. Risk will be categorized as high level risks and low level risks.

In the previous steps, risks will be analyzed. Now management takes actions to prevent from the risks. Some risks can’t be preventable. So for those risks, the ways to reduce the risks is found. Different procedures will be done to reduce different risks. Here management calculates the cost needed for process of reducing risks process.

You have to make sure whether all of your suggestion takes place correctly.

These are two examples that show how to manage the hazards using the safety engineering principles. Management must take care of risk management by doing these five steps properly. In construction sites risk management is so important.

According to human rights all persons have equal rights to live safely. Everyone in the world deserves to do their work or business safely. We all know that civil engineering projects always consists large amount of risks. Employees spend lot of time of their lifetime in construction fields. So they have high chances to get affected due to injuries or fatalities. So it is necessary to implement the risk management process in construction projects. Construction Company and employees are two main human parts which relates with the construction projects. So I think that it is better to analyze this problem from views of both employee and the Construction Company.

Let’s focus on this problem from the Construction Company’s point of view. They have to take full responsibility on accidents that happens on construction fields. They should be able to explain the accident technically to responsible officers, government and Medias. They have to face law problems. When responsible officers inspect the construction site, Construction companies may have to pay fine to the government for not having safety features. After an accident, construction equipments such as buildings, machineries and heavy vehicles may damage. So Construction Company needs to repair or replace those equipments. So lots of money should be spent. So works will be postponed. So time needed to full fill the construction project will increase. Construction Companies need to take the full responsibility of employee who gets injury during the construction work if safety procedures are not made. Construction Company needs to provide cash for the employee’s hospital fees and other compensations. So to reduce this amount of expenses, companies should provide good safety. And companies loses great experienced worker. Employees do great service to do the big projects for the Construction Companies. So Construction Companies have responsibility to provide good safety for the employees. So when we analyze from the construction company’s view, we can clearly say that lack of risk management produces lots of unwanted expenses and legal problems.

Now let’s focus this problem from employee’s view. Life of employees always depends on monthly salary or daily wage. Generally employee’s family only depends on that employee. Let’s imagine that that employee faced an accident. He/she injured or died. So that employee can’t contribute to that family. His/her family will be in critical situations. We all know that human is the most valuable thing in the world. So lose of human hurts the community surrounded him/her. So we should reduce these accidents. Harmful chemicals, noises, dusts and toxic materials are common in construction sites. These harmful materials may lead to bad effects in our body. So employee’s health will not be in good condition. Lung Cancer, Silicosis and Asthma are few of the important diseases affect the construction workers. Bad environment of the construction leads to these diseases.

We have seen the importance of the risk management. To stop these issues, we need to have risk management process. Correct risk management process will reduce the hazards nearly to zero.

We will see about the most common construction site hazards and ways to reduce those. Every worker who enters into construction site should know these procedures. Management must make sure that.

Workers may use equipments in high speed. Sometimes workers leave from construction field when machines are in running stage. This may produce dangerous conditions. So workers should be very careful when dealing with machines. We all know construction field has many volatile organic chemicals and easily flammable substances. Smoking in the construction field is so dangerous. So smoking in the construction field should be prohibited and strictly implemented. Working after taking alcohol or other drugs, is so dangerous. So drug usage should be prohibited. Workers may use the machines without having full knowledge regarding machines. This may lead to accidents. So employees need to be trained before letting them to use the equipments. All equipments are designed for doing a specific task. Using different equipment for different work may bring accidents. So management should stop this. Workers may not use the safety equipments provided. They may disconnect the safety guards. This should be strictly monitored by the management.

We all know that construction site is heavily polluted area. Atmosphere surrounding will contain lots of toxic gases, solid particles like dusts, bad chemicals and organic vapors. Breathing this polluted air may lead to various types of diseases like asthma and lung cancer. Employees should use masks or other safety equipment when they are in heavily polluted area. Construction sites contain dusts, solid materials and bad chemicals. Human eye affects because of these particles. So it is necessary to wear safety goggles to protect our eyes. Noise is common problem in construction sites. Using noise free equipments and using proper earmuffs will reduce this problem.

Asbestos is common name for six natural minerals. It is a toxic nonconductor to electricity. It has high animosity to heat to heat and chemicals. Asbestos is used for various purposes in the construction field such as roofing. It causes cancer in the employee’s body. It also affects the lungs effectively. Breathing these particles may lead to bad effects. Workers dealing with asbestos should attend medical checkup frequently. Workers should wear protective wears that are offered by the employers.

Workers should be very careful while working below or near to the electric wires. Only qualified electricians must be allowed to do the electrical works. Suitable wire should be chosen. If any possibilities for electrical shock are noted it should be corrected immediately. Ground line should be grounded well. Workers should avoid using electricity near to wet places.

If an employee feels that building is collapsing, then he needs to escape from the buildings using the emergency exit way. If employee can’t leave the construction field, he should find a shelter under a table or other stable surface. Face should be covered fully using any wears because of heavy dusts. After the collapse, if employee can’t move, he should signal others to help him.

According to stats, working at height produces lots of accidents each year. The numbers are higher than other hazards. But civil engineering projects needs the work at heights mostly. Before going to work at the heights, working should be planned properly. Workers who only have well enough health should be allowed to work at heights. Works like assembling should be done in ground if possible. Roof works are dangerous. Employees should be very careful when they work under fragile surface. Scaffolding collapse causes many deaths each year. Free falling objects are dangerous when they collide with the human. Safety equipments like full-body harnesses, hard hats, and safety boots, fall arrest systems and work positioning systems needed to be worn while working in heights. Ladders are one of the big reasons for many injuries in construction. Employer’s three parts of body should have contact with the ladder. Appropriate ladder should be chosen for the work. Loading weights more than limit in ladders must be prohibited. Ladders should be placed on stable surfaces. Employees should avoid working in the heights where fall protection systems are not found.

Workers should be very careful when they are working near to moving objects such as automated vehicles, heavy vehicles and other machineries. Lifted objects may produce hazard. In low lights vehicles may collide with human. High visibility clothes might be used to identify human in low lights.

This is also one of the leading hazards in the construction. Proper firefighting equipments must e placed in every parts of construction field. There should be some fire emergency exit ways in the construction area. Fire alarm should be maintained well. Smoking near to combustible materials should be prohibited. Containers which are highly pressurized should be maintained well.

Slips & trips are some of the leading causes for the employees. Employees should be aware of wet floors. Workers should be careful of with obstacles in the ways. This might lead to various injuries. Working environment must be maintained clean. Areas which can make employees to slip must be identified and caution tapes should be covered. In low lights it is harder to find these kinds of hazards. So when working in nights, enough light should be provided to all of the parts of construction area. Safety boots and slip resistance foot ware should be worn when walking in hazardous areas. Proper walking ways must be provided to the workers. Moving or lifting heavy weights in these places should be avoided. It is better to use machines to this purpose. Generally smooth floors only give some grip. So slipping chance is higher in these kinds of floors. So using skid-resistant materials will increase the friction and reduces the chance of slipping.

The protective clothes and equipments are called as personal protective equipments. These will decrease the impact of the accident. Respiratory protectors, Eye protectors like goggles, Hearing protectors like earmuffs, Hand protectors like gloves, Foot protectors like boots, Head protectors like hard hats, Skin protectors are the classes of PPE. Management should provide these equipments. Employees should wear these equipments suitable for their works. A supervisor should make sure this. All quality of the PPE should be inspected and they should obey to latest safety ratings.

We have knew the concept of safety engineering, the way to identifying and find the solutions using the principles of safety engineering, the importance of risk management, common hazards and the solutions from this essay. Every person who enters to the construction field must know all these stuffs. In Singapore, some construction companies conduct an examination regarding safety procedures. New workers are elected based on their knowledge on safety and their skills. So we need to inspire from them. Management should provide enough safety and PPEs to their employees. Employees also should not work in unsafe environment. Management should conduct frequent classes to employees. Accidents should be properly inspected and reasons should be revealed. Construction companies should form a technical team for safety. That team should take responsibility for the safety of the construction field. These things should be implemented in the sites not only in papers.

Fedex Risk Management

Fedex Risk Management

International Risks

FedEx faces international risks in its operations. Some international risks are dependent on the country. Smaller countries have higher barriers to international trade. International trade increases the standard of living for all countries involved. The international success of FedEx is primarily because of its ability to overcome risks and capitalize on the benefits. FedEx’s global achievement has helped them achieve economies of scale.

FedEx is vulnerable to exchange rate risk due to its global operations. Currency exchanges and forward contracts can minimize the risk of exchange rate fluctuations. FedEx also faces many regulations which vary from country to country. Regulations are often changed and can have an adverse impact on FedEx’s business and operations worldwide. FedEx could be exposed to political risks as well as diversity problems, such as language barriers among customers and suppliers. International trade involves the preparation of a number of documents which also creates difficulties and causes additional paperwork and documentation costs (Berger, 2010).

In the international marketplace, FedEx should expect to face restrictions on trade between nations. Foreign governments may charge tariffs or taxes on certain imported products designed to raise revenue, protect domestic companies or slow the flow of illegal or unsafe products into the country (Berger, 2010). Foreign governments may set quotas – limits on the number of foreign imports that they will accept in certain product categories. The risk of tariffs and trade wars could result in a decline in the gross domestic product of the countries involved, according to economists (Radcliffe, 2019). The risk of declining economies poses a risk to FedEx because the demand for delivery services declines simultaneously. Unfortunately, this international risk can not be mitigated by FedEx as they have little to no control over the changes in demand that could arise.

FedEx faces an international risk due to the uncertainty of the future of CUSMA, a modernized version of NAFTA. It is expected to be implemented by 2020 once all three countries approve it (FedEx, 2019). If this trade agreement were extinguished, the United States, Canada, and Mexico will suffer economically; therefore, sales revenues in many industries will suffer. FedEx relies on the sales of other industries to use their delivery service, and this loss in sales revenue would result in the shipment of fewer packages being delivered locally and internationally.

Review this module’s project management resources and start examining the differ

Review this module’s project management resources and start examining the differ

Review this module’s project management resources and start examining the different approaches you can take to make projects successful.
In your initial post, respond to the following prompts:
Name two project management principles that will contribute to a project’s success.
How do these principles help contribute to a project’s success?
How do these principles align with the four most important values identified by the project management community, according to the Project Management Institute (PMI)?
In response to your peers, consider the two principles they selected and determine how these overlap with your choices. As you work, you will likely find many commonalities that will help inform your own mindset as you progress in this course. Think about how the same principles can be applied across multiple projects.
To complete this assignment, review the Discussion Rubri

Analysis ESSAY This is an analysis of the “Credit Suisse’s Involvement in the A

Analysis ESSAY
This is an analysis of the “Credit
Suisse’s Involvement in the A

Analysis ESSAY
This is an analysis of the “Credit
Suisse’s Involvement in the Archegos 
Collapse: Risk Management and Internal
Controls” reading.
The Format of the paper should be:
* Introduction
*Briefly
Describe All of the Risks (described in the reading)
Select
two or three of the most important risks
(subhead
each)
*Describe
All of the Management Strategiesthat you can identify in the
“select”
risk list.)
(subheading) each
Discussion of Management Systems
(Delve deeper into the two or three elements of the
management strategies you
feel offers the best chance of success
*Make
a Brief Assessment of Whether the Culture of the facility will accept these
management strategies.
·       
APA Format
·       
12 Fonts
·       
Double Spacing
·       
5 FULL pages (not
including the Title page and Reference page.
·       
Title Page
·       
Reference Page (4 references)
·       
Plagiarism free
·       
AI is Prohibited

Please make a note of the following information: The dissertation for the MSc p

Please make a note of the following information:
The dissertation for the MSc p

Please make a note of the following information:
The dissertation for the MSc program should be entirely original and must consist of 18,000 words, with a leeway of +/- 10%. Please note also that this is not a PHD dissertation.
It is important to note that the dissertation should involve secondary research (library-based) and not primary research (empirical).
All the necessary information to begin the dissertation will be provided. Additionally, there will be a webinar and tutorial to ensure clarity regarding the tutor’s expectations and a thorough understanding of what is required for the dissertation. If necessary, there are some good examples of previous dissertations that can be reviewed to better understand the structure of the assignment.
I have also uploaded my previous assignment on research methods with the same title as the dissertation. These assignments are interconnected, and the previous one might help to enhance the quality of the dissertation.
There are supplementary materials available, including a file from my previous module unit related to the dissertation, a reading list of relevant books, and access to the school’s e-library. These resources can assist in completing the assignment.
The inclusion of annexes or appendices is at the discretion of the writer and should only be included if necessary for the assignment. For the Charts and Graphs are also up to the writer.
The writing for the dissertation should be in the third person, not the first.
The deadline for the assignment is nearly 55 days, providing ample time to complete the work. If you have any questions, please feel free to contact me.

Briefly describe all of the risks described in the reading Select two or three o

Briefly describe all of the risks described in the reading Select two or three o

Briefly describe all of the risks described in the reading Select two or three of the most important risks Briefly describe all of the management strategies that you can identify in the “select” risk list Delve deeper in the two or three elements of the management strategies you feel offer the best chance of success (continued on next page) Make a brief assessment whether the culture of the facility will accept these management strategies.

please details about the following questions in the banking sector. What are the

please details about the following questions in the banking sector.
What are the

please details about the following questions in the banking sector.
What are the primary sources of risk faced by banks in today’s financial landscape?
How do banks assess and measure credit risk in their lending portfolios?
What role does interest rate risk play in banking, and how do banks manage it effectively?
Could you explain the concept of operational risk in banking and provide examples of how it manifests?
How do regulatory requirements impact risk management practices within the banking sector?
In what ways do banks utilize stress testing to evaluate their resilience to adverse economic scenarios?
Can you discuss the importance of liquidity risk management for banks and the strategies they employ to mitigate it?
How do advancements in technology, such as artificial intelligence and machine learning, influence risk management practices in banking?
What are some challenges that banks face in effectively managing cybersecurity risks, and how can they address them?
How do macroeconomic factors, such as changes in inflation or GDP growth, impact the overall risk environment for banks, and how do they respond to such changes?

At the end of each chapter are “Review Questions”. Please select of one of those

At the end of each chapter are “Review Questions”.
Please select of one of those

At the end of each chapter are “Review Questions”.
Please select of one of those “Review Questions” as the topic for your Weekly Topic Paper.
Take care to select a question that, when answered, will meet the criteria for the Weekly Topic Paper, especially Critical Analysis.
Topics selected must come from within the chapters of the textbook assigned for Week 1 and Week 2 reading only.
The Review Question I choose is:
“WHAT ARE THE BENEFITS OF IMPLEMENTING AN ENTERPRISE RISK MANAGEMENT PROGRAM?”
Submission Details
Your paper should be submitted to the appropriate location for the week in question.
There is no minimum or maximum word requirement. It is up to you to submit a paper that, in your estimation, best meets the grading criteria set forth below.
THE PAGE NUMBER OF THE TEXT FROM WHICH YOU PICKED YOUR TOPIC MUST APPEAR ON THE FRONT PAGE OF THE PAPER. IT DOES NOT COUNT AS AN IN-LINE TEXT REFERENCE.
Grading Rubric:
Each Topic Paper is worth 60 points. Your grade on the Weekly Topic Paper will include the following grading components.
Clarity – possible 10 points.
Clarity means that I can follow you from beginning to end.
In order to help me do so, it is helpful to include an introduction that tells me where we are going and a conclusion that tells me where we have been.
Critical analysis – possible 25 points.
The purpose of this assignment is not to demonstrate that you can read the text.
The questions in the text from which you can choose to write are designed to make you think.
Critical analysis is not the same as observations (or critical observations).
Critical observations, however, are necessary to provide an appropriate context for your critical analysis.
If a question does not provoke critical analysis on your part, choose another question.
If nothing is working, then we have a problem that should be resolved through private e-mails or a phone call.
Appearance – possible 10 points.
This is where I will deduct for everything from spelling, punctuation, capitalization, grammar and syntax errors to anything else related to the appearance of the paper.
Failure to use proper citation form for judicial decisions will also result in deductions in this category.
In-line text citation – possible 5 points.
You will be required to include a citation to the text in the body of your paper – it is not sufficient to include it only in the end references.
The citation must be in proper APA format.
This is a really easy 5 points to pick up.
Do not forget to include it.
In-line external citations – possible 5 points.
You will be required to include citations from two external sources in the body of your paper – it is not sufficient to include them only in the end references.
The citation must be in proper APA format for research or, for judicial citations, must be in proper citation form.
Remember the prohibition on using Wikipedia as a primary source.
APA formal references – possible 5 points.
Your end references must include all references in the body of your paper in proper APA citation form.
Remember, proper APA format for endnotes is not necessarily the equivalent of proper APA format for in-line citation in the body of your paper.