RSK4801 EXAM PACK 2023 LATEST QUESTIONS WITH ANSWERS.
You have been appointed as the part-time operational risk manager of a local dirt
track car racing club, situated close to the small town, of Malelane, in Mpumalanga.
The racecourse is a gravel track and could be very slippery during the rain...
RSK4801 EXAM PACK 2023
LATEST QUESTIONS WITH
ANSWERS
, CONFIDENTIAL RSK4801
Page 1 of 22
May/June 2022
UNIVERSITY EXAMINATIONS
May/June 2022
RSK4801
OPERATIONAL RISK MANAGEMENT
100 marks
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, RSK4801
Page 2 of 22
May/June 2022
RSK4801
Date: 25 May 2022
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Exam Access Code: 417d867d
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SCENARIO [100]
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, CONFIDENTIAL RSK4801
Page 3 of 22
May/June 2022
Instructions:
Consider the scenario and answer ALL the related questions in the space
provided.
You have been appointed as the part-time operational risk manager of a local dirt
track car racing club, situated close to the small town, of Malelane, in Mpumalanga.
The racecourse is a gravel track and could be very slippery during the rainy season.
As such, the weather could play a major role during races.
On your arrival, the chairperson of the club arranged a meeting with you and gave
you the background to the appointment of an operational risk manager. He
mentioned that the club has 50 active members who are keen to participate in events
throughout the year (mostly on Saturdays). However, the number of saloon-type cars
that can safely race in a single race is five, due to the width and capacity of the track.
On average 30 members want to race on a Saturday. One race takes about two
hours to complete, including preparation of the cars, drivers, and other preparations.
After each race, it is necessary to clean the track, which could take another hour,
although this action is sometimes neglected because of the time constraints to
coordinate at least six events to provide all the drivers an opportunity to race. This
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