In: Operations Management
Prepare a sample risk register for a project to develop a self-driving (autonomous) automobile. Remember to address mitigation strategies for each risk. Include 5-7 risks in your risk register.
Plot the risks identified in Question 1 utilizing a risk management cube (from the Department of Defense Risk and Opportunity Management Guide) or one of the matrices discussed during the lecture.
Explain where the responsibility for performing risk identification falls. Also, please describe the key activities associated with risk identification.
For this question, please choose one of the following options: a) create a table to explain the four risk response strategies for risk and opportunity, or b) write a narrative description of the four risk response strategies relative to risk and opportunity.
Answer:
Self Driving Automobile: This is defined as the learning of an automobile driving with himself and without the help and support of others, during learning process. Self driving automobile learning is the self learning on how to drive the automobile.
Risk Register: The risk register is the register used to register the risks identified in the given tasks. For example in the self drive automobile, the number of risks identified will be added in the risk register, so that this risks are managed and mitigation plan can be initiated for the same.
Following are the key risks in the self drive of the automobile as below:
S |
Risk in Self Drive Automobile |
Mitigation plan |
Remarks |
1 |
Risk of accident |
The proper training to be given to the person before start of the automobile drive |
|
2 |
Unable to control the automobile during learning exercise. |
The driven needs to be provide proper training on how to control the automobile during the learning exercise. |
|
3 |
The damage of the automobile |
Avoid over acceleration or accident of the automobile, so that damage to the automobile can be avoided |
|
4 |
The injury / damage to the third party |
Provide proper training to the driver so that accident can be avoided and third party damages can be avoided. |
|
5 |
Caught in Police verification |
Keep the learning license and the other documents so that easily pass the police verification |