Analyse strategies that could be used to predict and manage disruption in resource supply and the associated costs
Solution In my organization, like in any other, disruptions and supply cuts are expected, which happen. There is a need for a tool to be in place that can be […]
Explain processes to manage the supply, continuity and quality of resources to meet plans
Solution We have identified the supply sources in the sub task A.C. 2.1 to meet the objectives. Now we describe the process of managing these resources to ensure continuity and […]
Evaluate sources of supply to meet planned objectives
Solution The personnel or company which supplies the organization with certain products or services are called the supplier. The supplier contributes greatly in maintaining the business of any organization, and […]
Analyse the costs associated with the resource required to achieve objectives
Solution The analysis of the costs associated with the resources required to achieve the objectives would be analysed on the basis of the following factors; Budgets (including cash flows) Costing […]
Explain the process of planning resource use to achieve objectives
Solution To link the resource planning with the objectives, below table assumes 12-month period. The below table illustrates the linkages between the annual objectives and the resource required to meet […]
CMI Level 5 Unit: 5004V1 Identify the resources required to achieve objectives
It is a crucial step in the planning process that we identify the type and quantity of the resources required to achieve the team’s objectives. First we need to define […]
3.3 Determine a process for implementing and managing a disaster recovery plan
Solution Disaster recovery plan: A disaster recovery plan is a contingency plan which comes into play in case organization comes in contact with events that cause loss to its vital […]
3.2 Select and evaluate activities to eliminate, mitigate, deflect or accept risk
Solution Risk treatment: This is the most common risk management strategy that I use because it is easily understood and implemented. It means I limit the risk impact so that […]
3.1 Evaluate the level of risk against pre-established criteria
Solution We build on the model described in A.C.1.2, with health and safety category where we identified fall hazard as a risk. ADNOC Refinery observe the following: Likelihood or […]