Potential implications that result from natural disasters and pandemic events would lead to having to stop the organization’s operations in Galveston. Such natural cataclysm as hurricane Ike caused billions of dollars of damage and killed many people (Irvine, 2022). Despite the residents wanting to build a barrier to protect Galveston’s coastline, similar tragedies are likely to happen again (Irvine, 2022). Moreover, the spread of COVID-19 has affected the whole world, with people losing lives and businesses being closed. Although the organization’s supply chain uses Galveston as a transitional port and not as part of the actual manufacturing process, the citizens must work properly to prevent delays.
Accordingly, possible implications of the pandemic and natural disasters would involve destroyed docks, power outages, and people leaving the port, grieving the loss of loved ones, or passing away. The impact of such consequences would be high because there would not be many options to receive and ship the products (MGMT385, n.d.). The probability is also quite high for the first implication and medium for the others, assuming that the city must have evacuation plans, additional power generators, and preventative health measures (MGMT385, n.d.). Therefore, the assessment suggests that destroyed docks could be ranked as 1, and the rest of the consequences could be categorized as 2 (MGMT385, n.d.). Galveston appears to be in danger of experiencing disasters and hindering the organization’s operations.
Considering that the company operates on a global level, a risk response approach could be intricate. One could recommend escalating the matter, as the risk seems to exceed the authority of a project manager because the implications result from uncontrollable events (MGMT385, n.d.). The case would need to be brought up to a more powerful level of management, and responsible parties would involve the supply chain’s leaders and the authorities of Galveston (MGMT385, n.d.). One project objective to be implemented could include choosing an alternative port so that even though the expenditures may increase, the business would not stop. Another goal could concentrate on supporting the construction of Galveston’s coastline barrier (Irvine, 2022). The organization’s leaders, alongside the accountable project manager, would have to determine the most cost-effective option.
References
Irvine, B. (2022). Texas may get a coastal storm barrier, but will it be too late? The Texas Tribune. Web.
MGMT385. (n.d.). Risk/opportunity management [Lecture notes].