Australian Fuel Reserve Depletion
Risk Analysis and Assessment
Author Name – Russell Collins
Last Revision Date – 13 May 2020
- Risk Factor 15% 15%
- Impact Factor 85% 85%
Describe the core issues in a nutshell
Body of Work
Expand on the issues, explain why the ratings are given as they are, indicate gaps to be filled
Expand and explore the issues at hand. Bullet point analysis is fine.
1. Point A
2. Point B
2. Risk Factor Rationale
What is the likelihood of this particular risk eventuating? Explain the thinking…
3. Impact Factor Rationale
What are the severity of impacts likely to be, in the scenario this risk does eventuate.
4. Gaps in Understanding
It’s good to detail the areas that are not well understood or documented if known. This gives others the opportunity to fill in gaps as they arise.
Summarise the risks and potential impacts
1. Risks & Impacts
2. Cross References
Mention here other risk assessments on this site that are pertinent to the issue at hand
Recommendations that lead to greater resilience on this topic
1. Actionable #1
Transition to a lifestyle that is less reliant on immediate and regular supply of fuel to get to work and / or make a living
2. Actionable #2
Invest in food reserves that allow for the possibility of food supply chain issues
(Reference: See Topic – Food Shortages)
3. Actionable #3
Invest in alternative and backup energy options in the case of grid down events
(Reference: See Topic – Grid down)
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