Page 19 - CIMA MCS Workbook November 2018 - Day 2 Tasks

PROJECT AND RELATIONSHIP MANAGEMENT (E2) ‐ PRACTICE TASKS

Task

To: Finance Manager
From: Finance Director
Date: Today
Subject: Risk Management

I attach for your attention an email I have just received from the Production Director.

We currently have several contracts with new supermarkets in the tender stage. If they decide to
look closely at our risk management procedures we must be sure to be able to demonstrate a
clear responsibility for risk management within GRAPPLE and a robust process in place.

This is also likely to entail changes to procedures, perhaps even the creation of a separate team.
We will need to be sure that the need for these changes is fully understood by all those affected.

I need to advise him of our views in advance of the next board meeting. Can you look at two
specific areas for me and prepare some notes for our discussion:

Firstly, how GRAPPLE could improve its risk management process? Secondly, how might we
manage change with introducing any of the new processes and potentially even a new
department?

Thanks
David

Prepare the work that the Finance Director has requested (45 minutes)

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