Risk Management I Will Measure Business Plan

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3.

The action levels will include all the levels of risk determination and mitigation involved. First, the process would have to be initiated by means of defining potential problems. A risk management team would be brought into being in order to determine the specific risks involved. The quality inspector will lead the team, and be responsible for obtaining data of aircraft using our part.

In terms of the teams working on the manufacturing floor, I will appoint a personnel manager to ensure communication between employees and management. This communication process is to ensure that personnel have a way of communicate their problems regarding work load or other problems. Furthermore, personnel are also to report problems with manufacturing to the personnel manager. These are to be logged and communicated to the risk management team. The personnel manager and risk management team should then coordinate in the other steps of risk mitigation, including the preliminary analysis, risk estimation, risk evaluation; control, action, and impact.

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The main purpose of risk evaluation is to ensure that the risks at all levels are mitigated in such a way as to ensure the optimal safety and security of all persons involved.

4.

The most important element of my risk management plan is to ensure that proper communication occurs among the parties involved. Top management should for example be able to communicate regularly with the risk team and personnel manager. Additionally, the team and manager, as well as the employees, must have open communication channels with each other.

Aviation risk has become a very prominent issue, with increasing aircraft failing during flight, and many lives lost. It is the aim of this risk management plant to ensure that these accidents do not occur as a result of the parts manufactured by….....

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