1. Over the last 12 months natural disasters have occurred in Australia, New Zealand and Japan. Explain how you would assess the risk and uncertainty associated with a potential natural disaster in a country of your choice.
2. A power generation company needs to consider the options of oil or coal to generate electricity for a planned power station. Explain how you would identify, analyse and mitigate the risks associated with each option.
3. A corporate organisation of your choice has 3 Strategic Business Units (SBUs). Explain how you would assess the risks deterministically in each SBU and how you would determine the overall risk the corporate organisation is exposed to.
4. An American fast food chain wishes to introduce a new product to its outlets. Explain how you would assess all the risks associated with the introduction of this product into local and overseas outlets.
5. A project of your choice has a construction period of 2 years and an operation and maintenance period of 20 years. Explain how you would perform a stochastic risk assessment illustrating the outputs you would expect to be used in the decision making process.
6. A fast food chain wishes to introduce a new product to its outlets. Explain how you would assess all the risks associated with the introduction of this product into an existing market.
7. A corporate organisation of your choice has 4 Strategic Business Units (SBUs). Explain how you would determine qualitatively the overall risk the corporate organisation is exposed to and how you would illustrate this to the shareholders.
8. An oil and gas company wishes to expand its business by exploring for oil and gas deposits in new locations. Identify two potential countries and develop and compare Country Risk Analyses (CRA) to determine the most suitable location.
9. Explain how you would carry out a deterministic risk assessment of a project of your choice and the outputs you would use from this assessment in the decision making process.
10. Explain how you would assess the risks associated with a number of options you are considering for the treatment of the common cold.
11. A corporate organisation of your choice has 4 Strategic Business Units (SBUs). Explain how you would assess the risks stochastically in each SBU to determine the overall risk the corporate organisation is exposed to.
12. An organisation of your choice has decided to invest in a new factory in a developing country. Explain how you would develop a Risk Register based on a Country Risk Analysis (CRA) to illustrate to shareholders the identified country risks and how they may be mitigated.