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In: Business and Management

Submitted By rachel88
Words 252
Pages 2
2. Project Risk Assessment
2.1Risk Rating Methodology
Wooden Castle an environmental friendly company aims to avoid and eliminate those possible risk may happen on our company.
The Following Risk Rating shows the least and most causes of problems and we need to prevent those high risk as well as the least. Consequence | Rating | Insignificant | Minor | Moderate | Major | Catastrophic | Almost Certain | | | | Traffic in terms of Delivering | Pests (Termites, Ants) | Likely | Expenses on Customizing | Equipment and Supply Cost | Distance | | Natural Disaster | Possible | | | Sales Volume | Damages on Product | Fire | Unlikely | Salary Cost | Actions of your Competitors | Changing Tastes and Trends | | Availability of raw materials | rare | Prices of Goods and Services to Customer | | | Business Interruption | Business Shutdown |

Extreme High Medium Low

Rating It define how risky those problems shows above and what attention needs to be to prevent.

Insignificant It is the lease priority not complicated and easy to solve.

Minor Next to insignificant which easy to prevent but need actions and effort to avoid.

Moderate Risks that need to make a plan to avoid and have to manage and need to make some options if happened.

Major Complicated Risk that needs a team effort, attention, options and required a full solution and actions.

Catastrophic Very Risky can’t prevent but need a solution when it happened recommendation and professional advice.

Those risk need to avoid for some reasons and bear in mind that you’ve work hard to build your business and you’ve poured a lot of time effort and money into identifying loss…...

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...Perseverant Perseverance is defined as steady persistence in a course of action, in spite of difficulties, obstacles, or discouragement. In my personal opinion perseverant (the adjective of perseverance) represents this story in many aspects. Almost every individual throughout The Color Purple by Alice Walker had to be perseverant, especially the stories main character Celie. Throughout the story Celie faced many obstacles she was mentally and physically abused, her loved ones were taken from her, and she was alone. Yet, through all her trials and tribulations she continued to live and look after others. She looked after kids that weren’t hers though they gave her a rough time, she cleaned and cooked for a man who abused her and did nothing but sit on his butt while she worked in the field, and took care of another woman whom her husband was having an affair with and upon first meeting Celie called her ugly. Yet, Celie continued to look out for them and not complain. In addition to Celie her sister Nettie was perseverant. Though she was thousands of miles away from her sister in a foreign country she never stopped caring for her sister. She persisted in writing to Celie, though all the time she knew that Albert was withholding the letters from her sister, she even mentioned this fact in one of her letters to Celie. Shug was also perseverant in her singing career. Everyone was against her except for Albert who was in love with her and Celie whom admired her. Though people......

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