Create Fictitious Incidents
We saw that risk management involves playing the devil’s advocate and asking, “What could go wrong?” Creating scenarios and thinking through situations will help you understand the nature of the risk better. This is your exercise for the week.
Create three fictional incidents for the risk area you selected in Week 1. Write about each scenario in not more than a page. Include the following information about each scenario:
- Details of the incident—What, where, when, and who?
- Explain the cause—How and why?
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