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Risk management in Etablissement Kazoza et Compagnie-Rwanda

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par NOHELI Sam
Kabale University-Rep of Uganda - Masters 2011
Dans la categorie: Economie et Finance
  

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Chart 4.1.10 Response on whether respondents have met risks that could put life in danger

Source: Field research, June 2011

The company should invest more so that these risks be minimized more and get other solutions to mitigate those inevitable ones through trainings, buying more and appropriate equipments.

Table 4.1.11 How risks were managed?

Risk management

Number

Percentage

Well managed

21

56.77

Not well managed

12

32.43

Not at all managed

4

10.80

Total

37

100

Source: Field research, June 2011

According to how risks were managed, about 57% were well managed, 32% not well managed, 11% not at managed at all. This explains that there is still a gap in risk management especially in risk response or treatment.

Chart 4.1.11 How risks were managed?

Source: Field research, June 2011

Even though a half of issues were well managed, this is not enough in risk management because 11% which report that they were not managed all may cause a serious problem to the company including financial loss, injuries and/ or deaths to the human resources, theft, and loss of reputation and yet this could have been prevented before.

In other words, the company should set a strong risk management plan including all phases namely; risk identification whereby no stone should be left behind, risk quantification and analysis, risk response and risk monitoring and control. This plan will help the company to manage almost all risks with fewer costs compared to expenses used on a surprised issue.

Table 4.1.12 Need of protective equipment

Need Protective equipment

Number

Percentage

Yes

44

88

No

6

12

Total

50

100

Source: Field research, June 2011

The table and corresponding chart above show that 44 or 88% of respondents needed protective equipment while 12% do not need it. This is true because in construction and electrical repair areas, the technician shhould wear personal protective equipment (PPE). The purpose of personal protective equipment is to protect the body from various injuries resulting, for example, from mechanical, chemical, and thermal hazards. Protective equipment should not be worn just at the moment of interacting with hazard, but rather personal protective equipment should be worn long before the employee is going to come into contact with hazard.

Chart 4.1.12 Need of protective equipment

Source: Field research, June 2011

Having the protective equipment in place continually will ensure maximum safety is achieved. Even though the use of PPE in unsafe construction is mandated legally, it should be considered as more than mere rules to be followed in order to avoid civil or criminal liability.

Table 4.1.13 Use of protective equipment

Use of protective equipment

Number

Percentage

Yes

25

56.8

No

19

43.2

Total

44

100

Source: Field research, June 2011

These table and chart 4.1.13 show that PPE were used by 25 respondents or 57% while 19 or 43% were not using them. This is a problem for the company because technicians are exposed to various injuries. It is not known wether their none use is due to unvailability or employees ignorance on importance of PPE use. Nevertheless, it is a must to wear PPE while working in hazard areaa such as construction sites.

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