Identify a risk (ex. political, environmental, social, organizational, etc.).
2. Discuss the factors that have caused the potential for the risk.
3. Include a proposal to mitigate the risk.
4. Explain how a risk management plan will be developed.
5. Develop a risk management plan that includes the following:
a. The stages
b. Local implications
c. International implications
d. Implications on citizens
e. Government intervention to assist citizens
f. Political implications
g. Financial implications
h. Ethical implications
i. Stakeholders
j. Communication methods
k. Technology and Tools
6. Discuss potential issues that may arise after the crisis
Risk: Global Water Scarcity
Global water scarcity is a major threat facing humanity. As the world’s population grows and climate change intensifies, the demand for freshwater is expected to outstrip supply in many regions. This could lead to water shortages, conflicts, and mass migration.
Several factors contribute to the potential for global water scarcity:
Several strategies can mitigate the risk of global water scarcity:
A comprehensive risk management plan for global water scarcity should include the following stages:
Stage 1: Risk Assessment:
Stage 2: Risk Mitigation:
Stage 3: Preparedness and Response:
Stage 4: Monitoring and Evaluation: