Question

This tutor-marked assignment requires you to demonstrate learning in (1) the risk management requirements, (2) the organizing of risk management capability, and (3) the developing of risk management framework in workplaces. You are to apply your understanding of the risk assessment and management approach with the following tasks:

• Carry out a review of the legislative requirements of risk assessment and management in Singapore. Your review should clearly illustrate how the legislative requirements are influenced by the concepts of risk and risk management.
• Examine and describe how a local small-medium enterprise, CM Chemicals Pte Ltd (CMC), occupying a 3-story integrated complex with a Head Office on level 3, chemical blending at level 2, and distribution at level 1 in Tuas Industrial Estate, should be organized to manage risks.
• Analyze the organization’s documents and arrangements to be developed for the enterprise.