Risk Management Plan Outline, text readings Write a paper of no more than 1,400 words, utilizing the scenario you selected last week. Each team member researches two tools or methods for qualitative risk analysis in the risk management industry. Each teammate relays the following in a synopsis of no more than 150 words: Description of tool or method One selected risk from your project How chosen risk could be qualitatively analyzed using tool or method Assessment of efficiencies or deficiencies Evaluation of risk scope and severity using qualitative analysis methods Analyze,as a team, qualitative risk analysis with research. The analysis must be no more than 1,050 words, in addition to individual content, including the following: Narrative that asserts theoretical application of qualitative risk analysis Summation of tools and methods with pros and cons of each, preferably with a tabular format and a supporting narrative Top three qualitative tools or methodology assessment with explanation Complete individual and team elements to attain full points. A portion of this assignment is utilized in your final project. Format your paper consistent with APA guidelines. Click the Assignment Files tab to submit your assignment.

Topic: Risk Management

Order Description
Write a 1,100- to 1,750-word paper discussing the role and nature of organizational risk management in justice and security organizations and why it is important.

Address the following in your assessment:
•Planning for risk and identifying resources.
•How justice and security organizations manage risk.
•Costs associated in managing risk.
•Consequences of failing to manage risk.
•Benefits a properly performed risk analysis has for management and key stakeholders

Format your paper according to APA standards.

Resources: Required, three to five academic resources