What are the risk factors that drive the uncertainty around achieving operational objectives

Read and Respond to the following questions from the case study (Operational Risk Management)

What performance drivers, that is, the internal capabilities (e.g., people, processes, and systems), and external factors need to be present to achieve operational success?

What are the risk factors that drive the uncertainty around achieving operational objectives?

Which risk drivers are most likely to impact operational objectives?

How large of an impact might those key risk factors have? Hint: Use scenario analysis to explore the full range of potential outcomes.

Based on your analysis, what are the “significant few” factors on which Ray should focus his attention to manage the operational risks associated with the new facility?

What underlying assumptions underpin your analysis and conclusions?

operational_risk_management_case_study