Assessment Task 1:
1. Risk Management can be said to be the process of identification, assessment and control of different threats that can have a strong impact on the assets of the organization as well as the business earnings. There are different forms of risks that can disturb the business operations of a company (Willumsen et al., 2019). Therefore it is important for the management of the business to develop a number of risk management procedures that can help to counter such risks in a professional manner. Some of the risks include the likes of financial risks, legal and technical issues, and issues in the management of strategic business operations, issues in management and issues due to natural means (Samimi, 2020).
There are different risk management standards that are developed and approved by the government of the different countries where the business organizations operate. It is important for the management of the business to follow a certain standard in order to develop success in the most professional manner (Shad et al., 2019). One such example is the ISO 31000:2009 risk management standard that presents the principles and guidelines on implementation of the business elements.
2. The ISO 31000:2009 risk management principle provides different principles and generic guidelines on risk management principles that are important for success in the most efficient manner. It can be used by any of the public, private or any community based enterprise (UcuNugraha, 2019). Such a guideline can be applicable at all times in the lifecycle of the business enterprise. However, the management of the business enterprise needs to understand their specific priorities and accordingly use the risk management principle (Tranchard, 2018). The principle is compatible with both the present as well as future risk management standards.
The different principles of ISO 31000:2009 risk management standard are provided below;
- Risk Management can establish and sustain the value of the business enterprise
- Risk Management is based on the different forms of information that can be gathered from different form of sources
- Risk Management is an integral part of the decision making process
- Risk Management process is a systematic, structured and time based process
- Risk management is a customized process and can be changed and used according to the needs of the business enterprise
- Risk management is a transparent process and inclusive in nature
- Risk Management has the capability to develop a continuous improvement of the business process in an effective process
- Risk Management always considers the cultural factors of the business organization
- Risk Management explicitly addresses different forms of uncertain events
- Risk Management addresses different forms of dynamic changes and the areas that are responsive to different forms of changes
- Risk Management forms an integral part of the organizational processes
3. Management of risks and Health forms a critical and most crucial part of the business organization. It is important for the management of the business organization to develop a proper and effective risk management procedure that is capable of addressing all the different forms of risks in the market. The steps involved in risk management are as follows;
- Hazard Identification
- Risk Assessment
- Controlling the Risks identified and assessed
- Review of the process
Apart from all the above mentioned steps, the management needs to follow some legal guidelines and procedures that can address the legal concerns related to the risk management process. The WHS regulations and Acts has the requirement for the persons involved to ensure health and safety of the individuals in order to manage the risks in a professional process (Shooshtarian, Lingard& Wong, 2020). The most effective WHS regulation involve the likes of Work health and Safety Act 2011 that has the capability to provide different frameworks that can easily support health, safety and welfare of the people involved in the workplace activities.
4. Hazardous manual tasks generally cover a wide range of tasks involving handling of high risk materials that can cause serious damage to people. Such a process can have consequences to the management as it can be hazardous (Oviedo-Trespalacios, 2018). Some of the factors that can be beneficial to identify the risks involved in the process involves the likes of;
- Do tasks take more time than normal?
- Do any of the tasks involve high or sudden force?
- Do the tasks involve handling any highly reactive substance?
- Do the tasks involve any form of vibration or sudden movement?
- Do the tasks involve any form of risks?
Assessment Task 2: Risk Management Project
5. The modern day market involves a number of different risks that has the capability to hamper the business operations in a strong manner (Braun Binder, 2020). The management of the business enterprises needs to develop and implement a certain form of risk management procedure that can be effective for success in the most professional process. The purpose of risk management procedure is as follows;
- To address different form of risks that can hamper the operations of the business
- Screening and hiring of employees
- Development of a contingency plan for the business organization
- Development of risk intervention policies that can be important for success of the management
- Identification of the gaps of the employees and accordingly develop a training process that can be efficient for addressing those gaps
- Development of risk policies and procedures is also important for success of the management in an effective process
6. The management of the business management needs to properly identify and address the risks of the business organization as such a process can help the management to develop in a proper manner. Absence of the risk management procedures or ignorance towards the risk management policies can lead to negative consequences (Akatov et al., 2019). Examples of some such negative impacts are as follows;
- Lawsuits- In the absence of not developing risk management plans according to legislations can attract problems for the company. Absence of following legal procedures can lead to legislative lawsuits against the company that can have an ill impact on the operations of the business organization (Akatov et al., 2019).
- Thefts- Another major issue that can be faced by the organization include the likes of thefts in the organization (Oviedo-Trespalacios, 2018). Absence of proper measures to control thefts can be problematic for the organization.
- Natural losses- Absence of risk management principles in the business can lead to different forms of issues like losses suffered due to natural tragedies like storms, floods, fire as well as earthquakes.
- Absence of proper growth- Lack of a proper risk management planning can also lead to the absence of any form of growth (Akatov et al., 2019). A risk management plan can help the organizations to operate smoothly that can be beneficial for success in the most professional process.
- Absence of any forms of transparency- The lack of proper transparency can be another major area that can have a serious impact on the development of the business process. Such a process can lead to major issues which can disrupt the business process (Oviedo-Trespalacios, 2018).
7. Some of the procedures that the management of the business organizations generally uses are as follows;
- Hazard Identification- Identification of the different forms of risks that can cause issues to the smooth operations of the business process.
- Risk Assessment- Risk assessment can be another major area that needs attention. The risks are assessed according to their impact process (Shooshtarian, Lingard& Wong, 2020).
- Evaluation and ranking of the risk according to its priorities- Risks re assessed according to their priorities.
- Controlling the Risks identified and assessed- Controlling the risks by means of developing different forms of risk assessment policies and procedures and accordingly taking different actions.
- Review of the process- Reviewing the risk management process is the last step in the development of the risks according to the guidelines of the risk process.
8. Some of the major sources of information that can have a strong impact on the development of the business includes the likes of that of the;
- Self-inspection reports from different third parties like insurance carriers, private agencies, consultants as well as other public sources
- Compensation records of workers
- Reports from newspapers and other business sources
- Company records on WHS policies
9. Some of the major examples of risk identification techniques and procedures are as follows;
- Review of different forms of documents
- Interviewing process
- Root cause analysis
- Analysis of the checklist
- Brainstorming techniques
- SWOT Analysis
- Delphi technique
- Information gathering techniques
10. Some of the major options that can be implemented by the business organization include the likes of;
- Avoidance of different form of risks in the business
- Controlling the risks in an efficient and professional manner
- Assumption of risks can be beneficial for success
- Transferring of different form of risks
- Knowledge and research are an important option for success
11. Some of the major strategies that can be used to compensate risks are as follows;
- Leading by example
- Promotion of a healthy workplace
- Be swift in taking proper and effective options
- Keeping all the people connected is another major area for success
Nature-Care is a well-established business organization of Australia that was formed in the year 1996. The company involves in the production of different forms of skin care and beauty products and targets women in between the age group of 25 to 55 years. The products of the company involve the likes of facial kits, cleansing creams, moisturizers as well as scrubs. The organization also has a dedicated online sales platform that helps the management to connect to a large range of people in an easy and efficient process. The management of nature care products has plans to expand its business within the next few years as a proper business expansion can be beneficial for achieving business sustainability in the most efficient and organized manner. The company has plans to expand itself by means of developing new retail outlets that can cater to the sole demand for its exclusive products. The organization can develop these new stores in locations like Central Sydney, Brisbane and Melbourne. The main idea behind such an expansion process is the increase of the market share of the organization by 10% that can be beneficial for success. Apart from this, the expansion can also help to increase the product range of the business which can attract more and more customers.
The management of Nature Care Products is currently stable financially, but the presence of essential competitors in the market and the changing demand of the customers has compelled the management of the business organization to develop success in the most effective and organized process. Therefore, considering the expansion process of the business enterprise the management of Nature Care Products need to develop a well-organized risk policy. The development of the risk policy can help Nature care Products to easily identify and develop the risks and ensure success in the most professional process.
Alignment of Organization process with Risk management Standards
The risk management procedure of the business organization needs to be developed in a professional manner in order to address the different kinds of the risk procedures that can be important for success. Nature Care Products need to follow proper steps in order to address the different risks. The steps are as follows;
- Identification of the risks involved
- Assessment of risks
- Evaluation of risks
- Prioritization of risks
- Review of the risks and monitoring
The management of Nature Care Products need to align the risk management process in accordance with the risk management standards of Australia. Some of the major risk management standards that are needed to be followed by the organization are as follows;
- ISO 31000:2009 Principles and Guidelines on Implementation
- ISO Guide 73:2009 Risk Management- Vocabulary
- ISO/IEC 31010:2009- Risk Management- Risk Assessment Techniques
Political- Australia has some strict guidelines that are in place for the beauty industries. The organizations dealing in beauty products need to follow these guidelines in order to ensure success in the most efficient process. The strict guidelines of the federal government as well as the local governments of the Australian union territories can be a problem for Nature care Product. Apart from the guidelines, there are some legal constraints that are important for the management of Nature Care Products to consider. As Nature Care Products delivers skin to skin products, therefore it has to follow the rules as specified in the Therapeutic Goods Act of 1989.
Economic- The beauty care products is one of the most important industries of Australia and therefore it is less prone to any form of recession. However, the management has to ensure some aggressive strategies that can help them counter the current Covid situation. The development and implementation of effective solutions can thus ensure success in the most professional process.
Social- Nature Care Australia has a number of dedicated customers which is one of the major ways that helps them to develop the brand of the organization. Such a process makes it easier for the organization to develop strength and ensure success accordingly.
Technological- The implementation and use of different forms of e-commerce platforms and social media usage has helped bring in a technological revolution in the industry. Such a process has been helpful for the management to ensure success in an organized and effective process.
Environmental- The Company only manufactures eco-friendly products that can be important for the development of the business. Such a process makes it easier for the company to adopt to the business surroundings and ensure success accordingly.
Legal-Legal guidelines needs to be followed by the management of the business organizations as such a process can help the organizations to develop success in the most professional process.
Some of the major risks that have been identified by the business management include the likes of;
- Business Operations risk
- Financial Risks
- Risks involving quality
- Lack of proper training
- Market expansion risks
The action plans that can be undertaken to address the different risks are as follows;
- Business Operations risk- The management needs to identify the risks and plan contingency actions that can easily mitigate or eliminate the risks.
- Financial Risks- Nature care products needs to have a proper and definite financial backup in order to implement the expansion plan in a professional process. For example the company can involve a competent sponsor or investor for the new plan.
- Risks involving quality- The management of Nature care products needs to be professional in order to develop the quality of the products. The products of the company are based on natural elements and therefore they need to be extra careful to ensure quality and safety.
- Lack of proper training- The employees of the company needs to be properly trained in order to operate retail stores. Professional management, smart approach and ethical practice are something that needs to be present within the employees.
- Market expansion risks- The presence of other competitors in the business market can be a disruption for the organization. However, the management of Nature Care Products can utilize this opportunity and target a niche market in order to develop their brand and expand its product line.
Both the internal and external stakeholders forms a critical part of the business process. Proper coordination in between the internal and external stakeholders can bring in the much needed success for the organization. The internal and external stakeholders are as follows;
- Internal Stakeholders- Managers of the business enterprise like that of Accounts Manager, Marketing manager, Operations Manager, Customer Service Representative as well as the HR Manager.
- External Stakeholders-Shareholders of Nature care Products, Suppliers of the company, Customer representatives of the organization
Issues that the stakeholders can raise which are parts of the risk management process
The major issues that need to be highlighted by the internal and external stakeholders of the business are as follows;
- Risks of market expansion
- Risks involving financial backups
- Risks involving quality of the products
- Risks involving market expansion opportunities
Strengths |
Weaknesses |
· Value and quality of the products and services can be identified as the largest strength of the company · Loyalty of the customers on the other hand is equally important for the organization · Great organizational culture and strong experience in construction industry |
· Lack of presence in other regional markets of Australia apart from Sydney · Lack of strong diversity · Absence of a consistent and trained workforce |
PESTLE Analysis
Analysis of critical success Factors, Goals and Objectives
Some of the major factors that can have an impact on the development and implementation of the business are as follows;
- Improvement of the marketing and advertising
- Continuous improvement of quality of service provided to clients
- Maintenance of efficient business communication channels is an important part of the business process
- Targeting identified growth markets is an important part of the business process
To,
The CEO,
Boutique Build Australia,
Subject: (Risk Management Improvement Plan)
Sir,
This is to inform you that we have already prepared a draft risk management plan that aims to cover the different forms of risks that may have a negative impact on the expansion plans of the company. The risks have been identified, categorized and prioritized according to their importance and also the required solutions have been prepared to ensure smooth operations of the business in the new markets. The risks management plan have been attached with the mail. We want you to have a look into the plan and provide us with your valuable feedback on the plan. Your feedback will help us to move ahead with the plan and make the project successful.
Thanking You,
Operations Manager
Boutique Build Australia
To,
The Team,
Boutique Build Australia,
Subject: (Invitation to team to participate in risk brainstorming session)
Dear team,
I am pleased to announce that our company has decided to conduct a meeting with all of you in order to brainstorm about the risks that have been identified on the basis of our expansion plans across Australia. The development of such an idea is based on the need for training people with proper measures in order to control the risks and move ahead. The company plans to ensure a no-compromise situation where the management can easily manage the problems and ensure success accordingly. Such a process can help us to develop success in a proper and efficient manner. We have decided to conduct the meeting on the first Monday of the upcoming week (21st of February, 2022) at Sydney maritime resort, from 10 AM to 11 AM. We will like full scale participation from your end in order to get necessary feedbacks that can help us to manage the project in a proper manner.
Thanking You,
Operations Manager
Boutique Build Australia
Date:
Time: 10 AM to 11 AM
Place: Maritime Resort Sydney (Conference Hall 2)
Agenda: Brainstorming the risks identified and presenting the risk management plan to the team
Attendees: CEO, Operation Manager, team members
CEO: Good Morning, All of you. Please take a seat.
Operations Manager: Yes Sir Good Morning, and yes I request all of you to take your respective seats
Team members: Yes Sir Good Morning and yes we are happy to take this opportunity for interacting with us on the new risk management plan.
CEO: So let’s come straight to the point. We are here to develop the risk management plan as such a process can be beneficial for our company.
Operations Manager: The development of the operations management for the total risk management plan can be beneficial for success.
Team members: Sir we are sure our plan will surely be successful.
CEO: I request our Operations Manager to please present the risk management plan to all the members.
Operations Manager: Thank you Sir. I will be pleased to present the plan to all of the members present here. So here goes the plan. Please have a look;
Some of the major risks that have been identified by the business management include the likes of;
- Business Operations risk
- Financial Risks
- Risks involving quality
- Lack of proper training
- Market expansion risks
The action plans that can be undertaken to address the different risks are as follows;
- Business Operations risk- The management needs to identify the risks and plan contingency actions that can easily mitigate or eliminate the risks.
- Financial Risks- Nature care products needs to have a proper and definite financial backup in order to implement the expansion plan in a professional process. For example the company can involve a competent sponsor or investor for the new plan.
- Risks involving quality- The management of Nature care products needs to be professional in order to develop the quality of the products. The products of the company are based on natural elements and therefore they need to be extra careful to ensure quality and safety.
- Lack of proper training- The employees of the company needs to be properly trained in order to operate retail stores. Professional management, smart approach and ethical practice are something that needs to be present within the employees.
- Market expansion risks- The presence of other competitors in the business market can be a disruption for the organization. However, the management of Nature Care Products can utilize this opportunity and target a niche market in order to develop their brand and expand its product line.
Team members: Well the plan seems quite good and efficient and we have full confidence on the management to deliver a great plan. We assure of all kinds of support that can be important for success.
CEO: Well that is great. I request everyone to provide your best support in order to ensure the best of this plan
Operations Manager: I assure the best possible support from all the members in an efficient manner that can be beneficial for success of the planning
Team members: Yes Sir. We are ready for all types of challenge
CEO: That’s great. So let’s call it a day for today. We will meet again after few days.
Operations Manager: Thank you sir.
Team members: Thank you sir.
- Business Operations risk- The management needs to identify the risks and plan contingency actions that can easily mitigate or eliminate the risks.
- Financial Risks- Nature care products needs to have a proper and definite financial backup in order to implement the expansion plan in a professional process. For example the company can involve a competent sponsor or investor for the new plan.
- Risks involving quality- The management of Nature care products needs to be professional in order to develop the quality of the products. The products of the company are based on natural elements and therefore they need to be extra careful to ensure quality and safety.
- Lack of proper training- The employees of the company needs to be properly trained in order to operate retail stores. Professional management, smart approach and ethical practice are something that needs to be present within the employees.
- Market expansion risks- The presence of other competitors in the business market can be a disruption for the organization. However, the management of Nature Care Products can utilize this opportunity and target a niche market in order to develop their brand and expand its product line.
The management of Nature Care Products is currently stable financially, but the presence of essential competitors in the market and the changing demand of the customers has compelled the management of the business organization to develop success in the most effective and organized process. Therefore, considering the expansion process of the business enterprise the management of Nature Care Products need to develop a well-organized risk policy. The development of the risk policy can help Nature care Products to easily identify and develop the risks and ensure success in the most professional process.
The action plans that can be undertaken to address the different risks are as follows;
- Business Operations risk- The management needs to identify the risks and plan contingency actions that can easily mitigate or eliminate the risks.
- Financial Risks- Nature care products needs to have a proper and definite financial backup in order to implement the expansion plan in a professional process. For example the company can involve a competent sponsor or investor for the new plan.
- Risks involving quality- The management of Nature care products needs to be professional in order to develop the quality of the products. The products of the company are based on natural elements and therefore they need to be extra careful to ensure quality and safety.
- Lack of proper training- The employees of the company needs to be properly trained in order to operate retail stores. Professional management, smart approach and ethical practice are something that needs to be present within the employees.
- Market expansion risks- The presence of other competitors in the business market can be a disruption for the organization. However, the management of Nature Care Products can utilize this opportunity and target a niche market in order to develop their brand and expand its product line.
The resources that are required for the development of the business includes the likes of that of the;
- Financial Resources
- Human Resources
- External appointments (Business consultants)
Actions |
Time |
Meeting on plan |
1 week |
Discussion of Plan |
1 week |
Approval of plan |
3 weeks |
Selection of team |
2 weeks |
Approval of Budget |
2 weeks |
Finalization of Plan |
6 weeks |
Implementation of the planning process |
4 weeks |
Review and monitoring of the plan |
5 weeks |
The roles and responsibilities of all the team members have been presented below;
- Operations Manager- Survey of the market and development of strategies that can ensure smooth operations
- Marketing Manager- Marketing development in the new market and market survey, competitor survey and development of marketing strategies
- HR Manager- HR management and development of new policies, Training process development
- Sales Manager- Sales process development, development of organizational sales in an efficient manner
The monitoring plan will consist of the development of a plan that can have the opportunity to track the changes and the results of the risk management plan. The development and planning of the risk management plan can ensure success in the most efficient and professional manner.
To,
The CEO,
Boutique Build Australia,
Subject: (Risk Management Improvement Plan)
Sir,
This is to inform you that after all the hard work we have been able to develop the risk management plan that aims to cover the different forms of risks that may have a negative impact on the expansion plans of the company. The risks have been identified, categorized and prioritized according to their importance and also the required solutions have been prepared to ensure smooth operations of the business in the new markets. The risks management plan has been attached with the mail. We want you to have a look into the plan and provide us with your valuable feedback on the plan. Your feedback will help us to move ahead with the plan and make the project successful. Apart from the preparation of the risk management planning, we have been able to deliver all the organized solutions that can be said to bring in positivity to the plan. The solutions will be successful because it has been prepared by the experts keeping in mind all the different needs of the business processes in an effective and organized manner.
Thanking You,
Operations Manager
Boutique Build Australia
Staff Training Options |
Recommendations for training options |
Summary of the training process |
Location, costs and duration |
Instructor-led training |
Instructors can provide training to employees and team members |
Instructors can provide training to employees and team members |
In house training, Low cost training, duration of 2 months |
E-Learning training programs |
Development of e-learning training programs can help develop the staffs in an organized manner |
Development of e-learning training programs can help develop the staffs in an organized manner |
Online training, medium cost training, training of 1 month |
Webinars |
Large group training can help develop success |
Large group training can help develop success |
Online and high cost training, duration of 3 weeks |
To,
The CEO,
Boutique Build Australia,
Subject: (Staff training Options)
Sir,
This is to inform you the fact that we have been able to develop the new training report for the team members. However, we need your feedback in case of the development of such a development in the coming days. I would like to get your valuable feedback on the same to move ahead with the project. The risk management staff training options have been provided below;
Staff Training Options |
Recommendations for training options |
Summary of the training process |
Location, costs and duration |
Instructor-led training |
Instructors can provide training to employees and team members |
Instructors can provide training to employees and team members |
In house training, Low cost training, duration of 2 months |
E-Learning training programs |
Development of e-learning training programs can help develop the staffs in an organized manner |
Development of e-learning training programs can help develop the staffs in an organized manner |
Online training, medium cost training, training of 1 month |
Webinars |
Large group training can help develop success |
Large group training can help develop success |
Online and high cost training, duration of 3 weeks |
I will request you to kindly provide us your feedback on the same as the feedback from your side can help us to develop the matter.
Thanking You,
Operations Manager
Boutique Build Australia
To,
The staff members,
Subject: (Information on staff member development)
Dear all,
I would like to inform you the fact that we will be introducing a new staff training option for you all in order to help you to face major challenges in the near future. The details of the plan have been presented below. We would like to get your feedback on the same and ensure development of the plan.
Thanking You,
Operations Manager
Boutique Build Australia
Staff Training Options |
Recommendations for training options |
Result of the training process |
Instructor-led training |
Instructors can provide training to employees and team members |
Positive |
E-Learning training programs |
Development of e-learning training programs can help develop the staffs in an organized manner |
Mediocre |
Webinars |
Large group training can help develop success |
Large group training can help develop success |
To,
The CEO,
Boutique Build Australia,
Subject: (Staff training Options)
Sir,
This is to inform you the fact that we have been able to develop the new training report for the team members. However, we need your feedback in case of the development of such a development in the coming days. I would like to get your valuable feedback on the same to move ahead with the project. The risk management staff training options have been provided below;
Staff Training Options |
Recommendations for training options |
Summary of the training process |
Location, costs and duration |
Instructor-led training |
Instructors can provide training to employees and team members |
Instructors can provide training to employees and team members |
In house training, Low cost training, duration of 2 months |
E-Learning training programs |
Development of e-learning training programs can help develop the staffs in an organized manner |
Development of e-learning training programs can help develop the staffs in an organized manner |
Online training, medium cost training, training of 1 month |
Webinars |
Large group training can help develop success |
Large group training can help develop success |
Online and high cost training, duration of 3 weeks |
I will request you to kindly provide us your feedback on the same as the feedback from your side can help us to develop the matter.
Thanking You,
Operations Manager
The monitoring plan will consist of the development of a plan that can have the opportunity to track the changes and the results of the risk management plan. The development and planning of the risk management plan can ensure success in the most efficient and professional manner.
To,
The CEO,
Boutique Build Australia,
Subject: (Staff training Options)
Sir,
This is to inform you the fact that we have been able to develop the new training report for the team members. However, we need your feedback in case of the development of such a development in the coming days. I would like to get your valuable feedback on the same to move ahead with the project. The risk management staff training options have been provided below;
Staff Training Options |
Recommendations for training options |
Summary of the training process |
Location, costs and duration |
Instructor-led training |
Instructors can provide training to employees and team members |
Instructors can provide training to employees and team members |
In house training, Low cost training, duration of 2 months |
E-Learning training programs |
Development of e-learning training programs can help develop the staffs in an organized manner |
Development of e-learning training programs can help develop the staffs in an organized manner |
Online training, medium cost training, training of 1 month |
Webinars |
Large group training can help develop success |
Large group training can help develop success |
Online and high cost training, duration of 3 weeks |
I will request you to kindly provide us your feedback on the same as the feedback from your side can help us to develop the matter.
Thanking You,
Operations Manager
It was quite easy to determine risks and ensure staff input development that was quite helpful. The staffs provided all the necessary details that were important for success. Though the majority of the risks have been identified, there are chances that some risks can occur in the operational life of the business organization. The current risk management process is quite effective for success. However, changes like change in business process, organization of different risk management elements can be said to be an important part in the development of the business risk control.
To,
The Assessor,
I have addressed all the requirements according to the below provided screenshot. I would request you to kindly provide a professional feedback accordingly.
Thanking You,
Student
References and Bibliography
Akatov, N., Mingaleva, Z., Kla?ková, I., Galieva, G., &Shaidurova, N. (2019). Expert technology for risk management in the implementation of QRM in a high-tech industrial enterprise. Management Systems in Production Engineering, 27(4), 250-254.
Braun Binder, N. (2020). Artificial Intelligence and Taxation: Risk Management in Fully Automated Taxation Procedures. In Regulating Artificial Intelligence (pp. 295-306). Springer, Cham.
Oviedo-Trespalacios, O. (2018). Getting away with texting: Behavioural adaptation of drivers engaging in visual-manual tasks while driving. Transportation Research Part A: Policy and Practice, 116, 112-121.
Samimi, A. (2020). Risk Management in Information Technology. Progress in Chemical and Biochemical Research, 3(2), 130-134.
Shad, M. K., Lai, F. W., Fatt, C. L., Klemeš, J. J., &Bokhari, A. (2019). Integrating sustainability reporting into enterprise risk management and its relationship with business performance: A conceptual framework. Journal of Cleaner production, 208, 415-425.
Shooshtarian, S., Lingard, H., & Wong, P. S. (2020). Using the cost of construction work to trigger legislative duties for WHS: the Australian experience. Built Environment Project and Asset Management.
Tranchard, S. (2018). Risk management: The new ISO 31000 keeps risk management simple. Governance Directions, 70(4), 180-182.
UcuNugraha, R. I. (2019). Implementation of ISO 31000 for information technology risk management in the government environment.
Willumsen, P., Oehmen, J., Stingl, V., &Geraldi, J. (2019). Value creation through project risk management. International Journal of Project Management, 37(5), 731-749.