Order Description
please make sure to reach the sense of question. this assignment was reassignment by ur team because of I got all zero for unreachable with the questions and answers. Please write within the framework of marking system that i mentioned at the end of each of the questions. Thank you for understanding me.
Reassessment
Assessment 2
Action Plan for implementing Risk Treatment

Prepare a risk management plan for a business of your choice in accordance with the Australian and New Zealand Risk Management Standard (AS/NZS ISO 31000:2009 Risk Management –Principles and Guidelines
1. Review your organization’s risks in the context of:
a. Economic risks (3 marks)
b. Technological risks (3 marks)
c. Legal risks (3 marks)
d. Environmental risks (3 marks)
2. What tools will or techniques will your business utilize to research risks? (3 marks)
3. Using the risk assessment matrix analyze the following:
a The likelihood of the risk occurring (2 marks)
4. Evaluate and priorities the risks for treatment. (3 marks)
5. Select two risks and determine the most appropriate options for treating these risks. (8 marks)
6. Develop an action plan for dealing with one of these risks. Include:
a. What actions are required using the hierarchy of control? (2 marks)
b. Communication to relevant parties (1 mark)
7. Outline the documentation required for your risk management plan. (5 marks)
8. How will you evaluate the success of your risk management process? (2 marks)
9. Provide details of insurance available to your business including companies that provide it. ( 5 marks)