risk management paper 4

The purpose of this assignment is to apply concepts reflected in the course text, discussions, and other literature sources you access to review and analyze the Hyatt Regency Walkway Collapse, 1981 incident.

Address the Risk Source elements of the Bow-tie Representation of Risk Management Model of the Hopkin text

Assignment should be 7 – 10 pages long. The following format is recommended.

Title: Case Analysis of the Fall of Humpty Dumpty (for example)

Abstract: One paragraph on the second page; tells what the paper is about

Introduction: Provide an overview of the purpose of the case analysis and the components of the model used to conduct the analysis.

Description of the event: Provide a description of the event you have selected. Address the following elements from the model as they relate to the event analysis:

  • People
  • Premises
  • Processes
  • Products

The following sections will reflect your analysis of the following Risk Sources as they relate to the event:

  • Strategic risks
  • Tactical risks
  • Operational risks
  • Compliance risks

The final section of the paper will discuss the impact of the event using the following topics:

  • Financial
  • Infrastructure
  • Repetitional
  • Marketplace

Conclusions: Summarize your analysis; include any recommendations you may develop. Include evidence in the literature as indicated in any of the sections of your paper.

Significance: Describe the “lessons learned” and implications for risk management. Refer to the literature review as needed to compare to what others have used to address the same issue.

Your paper should reflect APA formatting.

 
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