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Abubakar Tafawa Balewa University Unit 3 Risk Management Questions

Abubakar Tafawa Balewa University Unit 3 Risk Management Questions

Question Description


For the Complete assignment, write a narrative essay (minimum 1700 words in the narrative) in which the questions below are addressed. Base the response on scholarly sources; do not simply restate the material in the text. Remember to use the third person. Cite a minimum of four scholarly (peer reviewed) articles (at least one minimum for each question below). Do not use websites other than the library databases. Cite the sources in APA format with in-text citations, as appropriate. Include a single labeled reference list at the end of the narrative. Please remember that meeting the minimum will not earn full credit.

References with the articles attached:

Hugo, F. D., Pretorius, L., & Benade, S. J. (2018). Some Aspects of the Use and Usefulness of Quantitative Risk Analysis Tools in Project Management. South African Journal of Industrial Engineering, 29(4), 116–128.

Textbook – Fraser, J., & Simkins, B. J. (2010). Enterprise risk management. Wiley.

Walker, P. (2007). Trust, risk and control within an indigenous–non-indigenous social service partnership. International Journal of Social Welfare, 16(3), 281–290.

DiMase, D., Collier, Z. A., Carlson, J., Gray, R. B., & Linkov, I. (2016). Traceability and Risk Analysis Strategies for Addressing Counterfeit Electronics in Supply Chains for Complex Systems. Risk Analysis: An International Journal, 36(10), 1834–1843.

Hansson, S. O., & Hirsch Hadorn, G. (2018). Argument-based decision support for risk analysis. Journal of Risk Research, 21(12), 1449–1464.

Complete Assignment Question:

For the organization identified in the last two units:

What risk analysis tools should the organization be using? Why would these tools be more useful than others?

What results would these tools produce for at least two risks identified in previous units?

How might the strategy of the organization be affected as the result this analysis?

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