Macville Pty Ltd

Introduction

MACVILLE PTY ITD, have a huge organization in café’s . in this reports after review and survey we are develop and identify the risk management plan, highlighting the likelihood of these risk and their consequence to prepare management and monitoring plan. To evaluate the risk management policy in this prescribed manner

Furthermore, keep in review banking problems, by-laws compliance, local business and manager travelling issues etc

S/N | RISK | LIKELIHOOD | WHY | CONCEQUENCES | WHY |

1 | Finance /banking | MEDIUM | Cash hold in café premises | Insignificant | Due to not insured business /loss in business /shortage of cash for buying branded items |

2 | Manager’s Traveling | EXTREME | Block a way | Moderate | Area manager only conduct meeting /meeting have to finished before 3.00pm/manager received injury /meeting postponed |

3 | By-laws compliance | HIGH | Excessive water breaches /efficient water usage | Minor | Water tank in yard /currently fine up to $50000 |

4 | Process and procedure | HIGH | Verbal implemented weakly not written | Insignificant | Employ don’t have written document and schedule /failure of business and management of café |

PRIORITIES :

RISK | RISK ASSESSMENT LEVEL | RESONES |

Banking | Medium | Banking risk theft of cash left on premises |

Manager’s traveling | Extreme | Manager travel risk-the road is narrow, truck blocking the way making it quite difficult even in daylight |

Compliance | High | Compliance risk-fine on overuse of water. Absence of water management cause extra expenditures |

Legal transfer | high | Date of legal transfer of the business expired and give a fine |

Options :

S/N | RISK | OPTION 1 | OPTION 2 |

1 | Cash handling | Daily transfer money in nearest bank avoid the long walk | Make a safe drop in safe and In tale don’t have a money more then $500 |

2 | Traveling | Driver with the experience of driving this track | Delivery not...