Examine the significance of effective leadership and management in identifying, assessing, and managing risks within an organization’s systems, while considering the influence of leadership style on risk management. 2.2 Analyze how accident causation theory can inform risk mitigation strategies and improve safety outcomes in the workplace by identifying contributing factors and root causes of accidents. 2.3 Evaluate the need for fault tree and event tree analysis in identifying potential risks and making data-driven decisions to enhance the effectiveness of risk assessments. 2.4 Critically appraise the relevance, accuracy, and value of different data sources and information used in implementing a risk assessment model to ensure that the model is valid and reliable. 2.5 Assess the internal and external factors that influence the selection of different risk quantification models and how these factors affect the accuracy and reliability of risk assessments. 2.6 Formulate practical action plans to improve control measures for reducing strategic risks and present them to executive-level stakeholders to gain their support and commitment. 2.7 Develop strategies for assessing hazards and risks in the event of changes in management, processes, and equipment to ensure that risk management remains effective and relevant. 2.8 Analyze the potential challenges that organizations may face in transferring risk, and identify appropriate strategies to manage those challenges. 2.9 Explore the various types and categories of strategic and dynamic risks to ensure that organizations have a comprehensive understanding of the risks they face and can develop appropriate risk management strategies.