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Practical Assignment 4: Risk Response Template MGMT 8370 Sec 7 and 8 Prof Shaila Aranha Group No: 5 Present members: Sneha Shrivas, Saisree Samineni, Prasidhaa Parimeswary, Joel Komarapu Absent members: _______________________________________________________________________________ Follow the assignment instructions and fill in this table. Only enter information in the unshaded areas. Delete the instructions and replace with your response. Risk Situation Avalanches: Mount Everest is prone to avalanches, and climbers are at risk of being caught in them. Scenario 1 Responses Probability Impact Risk Rating Trigger 20% 2 3 Medium Contingency plan includes advanced avalanche safety equipment and trained rescue teams on standby Would you pick this response? If we suppose that the danger occurred with 100% probability, the climbers who selected the "Accept" response have acknowledged and made preparations for the likelihood of avalanches, yet they have continued with the climb in spite of the risk. This choice could have dire repercussions. Avalanches can cause climbers to get stuck or hurt in the snow, which could result in fatalities or major injuries. Rescue teams may also be put in peril when attempting to save climbers in such hazardous circumstances. Avalanches may also cause route disruptions, increasing the risk of a dangerous fall. In extreme circumstances, climbers and their support crews may suffer tragically if entire expeditions are lost. In the end, even if climbers might have been aware of the risk, choosing to accept it with 100% probability could have disastrous results, highlighting how important it is to carefully analyze the risk and make decisions when mountaineering. Accept No Accepting the risk of avalanches at 20% probability and medium impact means acknowledging that there is a chance of being caught in an avalanche, which could result in injuries or fatalities for climbers. Avoid No Avoiding the risk involves not attempting the climb altogether, which could prevent potential harm from avalanches but also forfeit the opportunity to summit Mount Everest. Mitigate Yes Mitigating the risk could involve using advanced avalanche safety equipment, choosing safer routes, or carefully timing the climb to avoid peak avalanche conditions, thus reducing the impact of avalanches on climbers. Scenario 2 Probability Impact Risk Rating Trigger MGMT8370 Winter 2024

Practical Assignment 4: Risk Response Template MGMT 8370 Sec 7 and 8 Prof Shaila Aranha Risk Situation Avalanches: Mount Everest is prone to avalanches, and climbers are at risk of being caught in them. Scenario 1 Responses Probability Impact Risk Rating Trigger Responses 80% 4 5 Very High Concerns over an increased avalanche risk on Mount Everest are raised by recent seismic activity in the region. Would you change your response? I would balance the risks and rewards of doing the climb when deciding whether to stick with my plan or change it in response to the growing likelihood and severity of avalanches on Everest. Given the increased possibility and possible repercussions, if I decide that the hazards of getting trapped in an avalanche are too great, I would alter my response to completely avoid the risk. The desire to reach the top of the mountain must yield to the climbers' safety. Still, I might decide to adjust how I mitigate the danger if I still think the ascent has great worth and significance. This would entail putting in place stricter safety precautions to lessen the possibility and effect of avalanches, thereby finding a balance between the goal of reaching the summit and ensuring the climbers' safety. Ultimately, the decision would hinge on a careful evaluation of the risks and benefits, prioritizing the well-being of the climbers above all else. Accept No Even with an increased probability and impact, accepting the risk means acknowledging the inherent danger of avalanches but proceeding with the climb. The consequences could be severe, including potential injuries or fatalities for climbers caught in avalanches. Avoid Yes With a higher probability and impact, avoiding the risk by not attempting the climb becomes a more prudent choice as the potential consequences become significantly more severe, outweighing the desire to summit Everest. Mitigate Yes Mitigating the risk becomes even more crucial with the increased probability and impact. Implementing rigorous safety measures, such as enhanced avalanche training, deploying additional safety gear, and selecting optimal climbing windows, becomes imperative to reduce the risk of harm from avalanches. MGMT8370 Winter 2024

Practical Assignment 4: Risk Response Template MGMT 8370 Sec 7 and 8 Prof Shaila Aranha Reference: A guide to the Project Management Body of knowledge ... (n.d.). https://prothoughts.co.in/wp-content/uploads/2022/06/a-guide-to-the-project-management-body-of-knowledge- 6e.pdf W9 Risk Response Planning. Sign in to your account. (n.d.). https://conestoga.desire2learn.com/d2l/le/content/999680/viewContent Redirecting. (n.d.). https://conestoga.desire2learn.com/ MGMT8370 Winter 2024

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