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Student lifestyle is a contributing factor in relation to hazards like smoke inhalation, burning. The fire fighting and rescue team also needs to have a contact with paramedical team to tackle this situation which requires quick action and thinking on their feet. The Fire & Rescue Service Act, 2004 has been developed keeping in mind the potential hazards that may occur in places like student accommodations and also other fire and hazard sensitive places. An integrated risk management plan if prepared at an early stage can help the fire and rescue team to prepare themselves better to tackle any fire related situation.
Risk Management and potential hazards are common situation through out the world. Due to present day modernisation and changing lifestyle people are becoming more prone to hazards like fire, smoke inhalation, burns, and cuts in almost all the places including students’ accommodations. The safety and security of people at the distressed situation becomes an extremely difficult task for fire and rescue team. To tackle this scenario they have to be preparing themselves to tackle any kind of situation and also to save precious lives as much as they can. Potential hazards which can cause harm to people and to their belongings can be both caused by nature like earthquakes, floods, storms, forest fires, flash floods and also from non-natural sources like fire, electric related hazards like shock, falling of tiles from the roof, cuts, and accidents. The risks involved in all this hazards are different in nature so to tackle them there has to be contingency plan for each situation. The fire and service team maintains a philosophy in managing risks like they give importance to saving lives the most. Then they look to save property which can be saved after any hazard like scenario, they generally don’t risk their lives while saving the properties
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The risk management practices also aim to maximize the realization of opportunities. The effectiveness in risk management practices determines the performance level of an organization. Similarly, persons at the helm of affairs of risk management team must be capable dealing with any contingency equanimously.
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With an ambition to be the leader in world air travel business, emirates Airline has over the years put in place measures and strategies that ensure that its cherished customers are give the very best of service. Part of these services is the practice of ensuring safety and security.
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While the course has offered diversified elements of risk management, I considered some lessons and themes more significant. This paper identifies the important themes and makes recommendations to the U.S. government, the Federal Reserve, and large multinational manufacturer of consumer personal care products for coping with risks over the next 1-3 years.
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With the many examples of risks provided by the speaker such as mountain climbing, it is easy to make out what the speaker is bringing out in their speech. Through the speech as well, one can easily plan on how to handle with risks that
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