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MNG01222 Facility And Risk Management For Hospitality Operations

tag 1 Download 12 Pages / 2,942 Words tag 01-02-2021

Question:

Risk assessment structure for Mehfil Indian Restaurant

Establishing the context- This refers to the establishment of the framework with which the rest of the process will follow, criteria against which risk will be evaluated is identified

Identification of risks-Involves identification of what the possible risks

Analysis of the identified risks-Looking at the identified risks and analyzing them and their potential damage

Evaluation of risks-This involves random estimation of risks against pre-established criteria

Treating of risks-Treating of the risks according to their priority

Monitoring and review-Constantly and keenly monitoring the performance of the risk management system and note changes that seem necessary.

Communication and consulting-Communicate and consult with all the required stakeholders about every stage of the process.

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Total 12 pages

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