Operational Management of Risk Essay Example | Topics and Well Written Essays - 4000 words

Operational Management of Risk - Essay Example 1. Aircraft fuelling for small jets, small piston aircrafts, older piston planes. 2. Stored Plane Fuelling Service, i.e, removal of aircraft from individual hangar & fueling. 3. Fueling of aircrafts on the flight line (where aircraft lines up for take off & after landing). 4. Preparing for self service fuelling for private aircraft owners & pilots. 5. Repair & Maintenance of 15 private & the transient hangars. 6. Inspection of safety & fire violations. 7. Transportation & Carriage of planes from hangar to flight line & vice-versa. 8. Management of landed flight directions, parking & refueling. 9. Management & Accounting of fuel charges of fuelling & parking. 10. Provision of on duty staff for maintenance of all fuel storage tanks, piping and pumps at the airport's small fuel farm (three storage tanks). Sec. 1.b: Identification of one critical stakeholder/crew for each operational activity in Sec. 1.a. (Corresponding list of stakeholders/crew.) 1. Chemical/Fluid Mechanic Engineer expert in identification of fuel & air craft engines for guidance to labors in fueling different categories of planes. 2. Aircraft Maintenance Engineer & Stores Manager for managing safe removal of plane & chemical engineer for relevant fuelling according to the type of plane. 3. Site Aircraft Maintenance Engineer & Aircraft Parking Manager. 4. IT Infrastructure Development Engineering Manager. 5. Aircraft Maintenance Engineer / Stores Manager. 6. Safety / Fire Engineer or Manager. 7. Transportation Manager. 8. Chemical/Fluid Mechanic Engineer & Transportation Manager. 9. Accounts/Billing Manager. 10. Site Maintenance Engineer. Sec. 1.c: Identification of a consultation/communication technique/strategy to engage the stakeholder in risk... The essay "Operational Management of Risk" talks about the case study on the East Coast Aviation Service Company situated in Wales. The main focus of the study is to work out the specific queries on the risk identification techniques, risk analysis and the risk treatment approaches.Any project is required to be managed through a well structured hierarchy & reporting results to work out problems in processes & project performance tracking to categorizing them in problems & solution sets for in all cases that would be easy for review & changes too in later time for implementation of new plans & strategies. Following is a stake holder hierarchy that I think will work in automating the processes. A project manager lead responsible for management of all the undergoing project’s solutions, & performance tracking to help technical member/engineers to concentrate more on technical side development, instead of increasing their over heads of managing all of the things that will not work for sure. Every person should have only that much burden & responsibilities that he/she could manage, else, may result in increased attrition & depreciation of employer’s image in employee cadre & further consideration for career development. This hierarchy will enable the communication in cross functional hierarchies across the organization & provide an ease to handle the process implementation. The communication approach may differ on the basis of the situations.