ANALYSE AND TREAT RISK REPORT

ASSIGNMENT 2

Submission details

Candidate’s name Phone no.

Assessor’s name Phone no.

Assessment site

Assessment date/s Time/s

Part A

Risk Analysis

Risks Likelihood Consequence

By Law Compliance Risk
Manager's Travel Risk
Banking Risk
Medium-
There is a likelihood that the
Toowoomba Local council will
detect the non compliance of
the store during their patrols
High-
There are chances manager can
involve in an accident while
going for long drive
Extreme-
There are chances of money
stealing in the cafe by pointing
gun on staff
The store must use water
efficiently or risk fines of up to
$50,000
It will affect the store and its
sales
The company has to pay
compensation to the employee
if any mishappening occurred

Risk Management Action Plan Template

Risk Assess Risk Monitoring Control Timelines Responsible

By law Medium Checking Give training 1-2 weeks Store
Compliance water usage to the Manager
Risk bills monthly employees
about the
proper usage
of water
Manager's High Checking Work should 1 week CE0
Travel Risk what time be finished
the manager before 3 pm
will finish the so that he
shift won't have
to drive
during traffic
Banking Risk Extreme Getting bank Deposit 2 weeks Finance
statement money in Manager
weekly bank
everyday

Part B

Risk management treatment of one key risk

Risk

Risk related to cash handling.

It includes various risks which is listed below

1) Staff can steal money while handling or counting money

2) While transferring money to bank someone loot the money at gun point
Treatment

1. Install CCTV cameras in the cafe and will check on the employees while counting or
handling money.

2. Instead of going to bank all the time call Armaguard who will safely transfer money to the
bank and notify the manager that money is delivered in the bank safely.
With all these ideas i had a conversation with CEO and he too was agree on the ideas that
how to stop money stealing and save the brand recognition.