BSBOPS504 Assessment Task 2 – Project Portfolio Section 1: Establish risk context 1 Provide a brief overview of the business or organisation you are basing your portfolio on. 1.1 What is the name of the business or organisation? NatureCare Products. 1.2 What is the main focus of the business? NatureCare Products is dedicated to producing and selling natural, organic, and eco-friendly health and beauty products. Their product line includes skincare, haircare, and other personal care items that emphasize sustainability and natural ingredients. 1.3 What role will you assume as you investigate risk for your chosen risk management process/project? I will assume the role of Risk Management Coordinator, responsible for identifying, analysing, and mitigating risks associated with the company's operations, specifically focusing on the production and supply chain of NatureCare Products. 2. Determine the scope of your chosen …show more content…
Supply Chain Managers: Highlighting potential disruptions in the supply chain and alternative sourcing options. Environmental Compliance Officers: Ensuring compliance with environmental regulations and identifying risks related to non-compliance. Quality Control Managers: Identifying risks in product quality and suggesting improvements. Procurement Officers: Identifying risks in the procurement process and negotiating with suppliers for risk mitigation. 7.4 What influence does each stakeholder have on risk management decisions? Production Managers: High influence due to direct involvement in production processes. Supply Chain Managers: High influence due to their role in managing supply chain risks. Environmental Compliance Officers: High influence due to regulatory compliance responsibilities. Quality Control Managers: Moderate influence due to their focus on product quality. Procurement Officers: Moderate influence due to their role in supplier