Your company has the opportunity to invest in the setting up of a new mine. You have been asked to prepare a risk assessment of the project based on the below structure.
You are to 1) Identify a number of significant risks.
2) Explain the frequency and severity of each risk.
3) Explain how each risk could be managed most effectively.
Only discuss risks which you believe are material to the company’s decision. In your conclusion you are also asked to recommend whether to invest or not invest in the new mine based on your prior discussion.
A list of companies is available on Blackboard and you are to choose one as well as a country that you believe is appropriate.