Response to the following with
2
00 words, APA style
I have created a risk register for a construction company.
Current level of risk
Risk Index
Risk Description
Likelihood
Magnitude
Overall rating
Action to be Taken
1
Expansive construction marital for building properties such as; (houses, buildings )
High Medium High
Change the Targeted population.
2
The Risk of incapability of the complex and general flaws in building the property.
Low Low Low
Inspection expertise to check up the property before handing it to the client .
3
Labor shortages
Medium High High
Developing programs to attract and train labors
4
workers safety in the site or workplace (Injuries, illnesses)
High High High
Ongoing safety training throughout the workers’ careers.
References:
Hopkin, P. (2017). Fundamentals of Risk Management. Philadelphia: Kogan Page.
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