Endurance Fitness Financial Contingency Plan | |||||||
Financial Year: |
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Prepared by: | Position: | ||||||
Date: | |||||||
2 Risks identified:
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1) Operational risk
2) Human risk |
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Strategies to minimise risks:
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1) Identify the risk first
2) Remove the risk, some risk is reduced by avoiding them 3) Discount the risk 4) To minimize the risk, you will transfer the risk 5) Retention the strategy of the receipt |
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Monitoring methods:
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1) Heart-rate monitor
2) Computer monitoring system |
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Resources required:
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1) all-risk lists
2) Identify the risk 3) develop a contingency plan for risk 4) Allocate your contingency plan |
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Staff support required: | Financial manager
Operational manager Marketing Manager |
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Implementation Action Plan | |||||||
Actions/ Activities
(organised from highest to lowest priority) |
Priority | Monitoring method | Monitoring Frequency | Personnel responsible | |||
Develop contingency plan | Finance manager | Group mentoring | 120 Hz | Finance manager | |||
Get approval from the managers | Finance manager | 2) Team mentoring | 75 Hz | Finance manager | |||
Monitor contingency plan | Senior leader | 3) Peer mentoring | 120 Hz | Senior leader | |||
Scenario plan | Marketing Manager | 4) Virtual mentoring | 75 Hz | Manager | |||
Recovery plan | Marketing manager | 3) Peer mentoring | 120 Hz | Marketing manager | |||
Regular review | Operational manager | 4) Virtual mentoring | 75 Hz | Operational manager | |||