Cmgt 442 - 1468 Words

Risk Assessment Introduction Sioux Falls, SD is one of McBride’s locations. McBride Financial Services utilizes sensitive equipment and toxic chemicals during its manufacturing process. These high end and dangerous items place the location at risk. Some of the threats include: use of toxic chemicals, public transportation, crime, and acts of terrorism. It is McBride’s responsibility to mitigate these threats. Use of Toxic Chemicals McBride Financial Services must control the risk of its use of toxic chemicals. â€Å"In its 2009 report Science and Decisions: Advancing Risk Assessment, the NAS recommended a process to address and communicate the uncertainty and variability inherent in a risk assessment†¦Ã¢â‚¬ Ã¢â‚¬ ¦show more content†¦Although there is no actual risk to the Sioux Falls headquarters from the bus terminal itself, a bus stop is to be found a few yards from the headquarters. For the reason that the bus stop is very near the office, the likely risk of a bus collision is there, as also the hazard of a bomb exploding and/or terrorism. To lessen the dangers, a recommendation that every office window be installed with security glass, protective bars installed to every external window frame, and a steel protection entry screen be attached to the front entryway with a remote controlled security device. Railroad Terminals. With a railway station within walking distance to McBride Financial Services, precautions must be made to mitigate derailing of train cars. Railway cars contain a great deal of mass. When you combine that with velocity, you obtain force. A runaway rail car could obtain enough force to destroy sections of McBride Financial Services. With that in mind, it is essential that McBride invest in precautionary measures. This could include crafting railway dunes to prevent railway cars from colliding with McBride’s structures. Crime In any city or town there is always criminal activity present (Albanese, 2003). Sioux Falls is no exception. For that reason, McBride must have protection on its own from every kind of crime that could go on. This is to include deliberate actions taken towards McBride’s properties and actions takenShow MoreRelatedCmgt 442 Week 2 Essay884 Words   |  4 PagesSR-ht-001 Risk Analysis University of Phoenix CMGT/442 SR-ht-001 Risk Analysis The purpose of this document is to address possible security risks associated with the completion of SR-ht-001. This service request is in regard to the â€Å"development and installation of a benefits election system to support the tracking and reporting of employee (union and non-union) benefits† (Smith Services Consulting, 2011). On March 22, 2004 Graham Grove (Vice President of Industrial Relations, Huffman Trucking)Read MoreCmgt 442 Week 4 Individual Assignment Outsourcing Risks Essay examples1253 Words   |  6 PagesOutsourcing Risks Name Course Date Instructor Outsourcing Risks Outsourcing has become an integral part of many organizations today. Outsourcing has its advantages and disadvantages that organizations will have to weigh to decide whether or not outsourcing is the best possible solution to their current problems and business operations. Outsourcing refers to the process of hiring external provider to operate on a business or organization function (Venture Outsource, 2012). 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A database system will be utilized to store critical data suchRead MoreSystem Security Monitoring1154 Words   |  5 PagesSystem Security Monitoring UOPX CMGT/442 November 5, 2012 Henry Rivera Jr. Every organization has risks and it is extremely critical for them to identify what these risks are and to mitigate and avoid further damages in case of disastrous events. These disastrous events can be prevented by designing and implementing a robust security monitoring system and utilizing industry proven practices and activities. Information Security refers to safety of information in terms of confidentiality, integrityRead MoreRisk Management2368 Words   |  10 PagesRisk Management 04-27-2011 Henry Rivera, JR. CMGT/442 - Information Systems Risk Management Abstract McBride Financial Services is currently opening an office in Sioux Falls, SD and requires a comprehensive risk assessment for McBride’s management team. The risk assessment should identify potential risks that could impact the operation of the business including; * The use of toxic chemicals in the vicinity of the business by manufacturing processes industrial solvents, blue print machines