Operations risk: Difference between revisions
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imported>Doug Williamson (Create the page. Source: ACT ICM material p 17.6.) |
imported>Doug Williamson (Rationalised first sentence) |
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Operations risks | Operations risks include events such as: | ||
*The processes breaking down and requiring contingency and back-up plans | *The processes breaking down and requiring contingency and back-up plans | ||
*Important suppliers in the supply chain no longer being able deliver | *Important suppliers in the supply chain no longer being able deliver | ||
Revision as of 09:49, 30 March 2016
Operations risks include events such as:
- The processes breaking down and requiring contingency and back-up plans
- Important suppliers in the supply chain no longer being able deliver
- Quality of the workforce and whether they are sufficiently trained and motivated
- Damage to or loss of use of premises
- Fraud risk and ensuring that proper controls and procedures are in place
