Risk Management Plan

Joon Neng & Mashi

By: Firhin Asykil Mashi, Lee Joon Neng, Reese Ng and Cheryl Yuan

In planning on this trip, we have come up with a risk management plan. This plan helps the group to anticipate risks, identify actions to prevent the occurrence and to reduce their impacts if they eventuate. The Risk Management Plan is created as part of the Risk Planning. It lists all foreseeable risks, classification and priority, preventive and contingent actions, together with a process for tracking them. This Risk Plan template will help us to perform these steps quickly and easily.

Cheryl Yuan

This plan is a necessity proposal for every trip. With this template too, it will help us to identify potential and possible risks during the trip. Furthermore, it helps to categorize and prioritize each risk. Besides that, this plan may determine the likelihood of the risk occurring and will also identify the impact on the tour if the risk does occur.

For the Sri Lanka Tour, we are the committee members whom are in charge to develop the plan. The leader for this committee is Firhin Asykil Mashi. Along him are the supporting members, Lee Joon Neng, Cheryl Yuan and Reese Ng. Our team is fortunate to get some assistance from our other classmates. 

Reese Ng

We have poured our hard work in developing and coming up with this plan. We sat together and brainstormed in coming up with possible risks and we have also provided a variety of solution based on different problems that might arise. Some of our team members have also come up with brilliant ideas, like the "buddy system" for our trip.

Even though our first presentation was a failure (we did not reach the objective), our second presentation was quite impressive as our classmates have accepted the plan that we developed. Dr. Paolo too has consented and approved our plan.

In conclusion, we are looking forward for the trip and we can say that we are well prepared to assist the class during the trip. Thank you, Sri Lanka here we come!!