Risk Management Process Vodacom Tanzania

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DECLARATION

It is my honors to declare that this respect project report is my own work and has been prepared by me with respect cooperation with my fellow student Frank Lyamuya whom we went through together.

NAME: ALFRED T. BWOJO

SIGNATURE: …………………………….
STUDENT

NAME: MRS WEMA MBWANA

SIGNATURE………………………………
REPORT SUPERVISOR

ACKNOWLEDGEMENT

My special thanks goes out to Vodacom Tanzania head office MILIMANI CITY that were part and parcel of the preparation of this project report by providing me all essential materials (data) required. Very special thanks goes out to my Report supervisor Mrs. Wema Mbwana, It’s also my sincerely thanks to Mr. Rufunga the Institute course coordinator, my special thank goes out to my fellow team mate Frank Lyamuya, Paschal Mwenda, Neema Mchaki and Alwita Godfrey, with respective thank goes to my Mother Shaweransia Mushi also and my Best friend ever was ever will be Laura Lema as part of Family for their respectable concern of preparation of this massive document.

©
COPYRIGHT

All rights reserved, No part of this project should be reproduced, stored in a retrieval system or transmitted in any from or by any means, electronic mechanical, photocopy, recording or otherwise without the prior permission of Author or Institute of Finance Management.

©
ALFRED T. BWOJO
BIR/10/54003
2011/2012

EXECUTIVE SUMMARY

This project explains risk management and strategies of overcoming the risk exposure. This project consists of seven chapters. Also the Institute of finance management (IFM) thought the views of other professional bodies with interests in risk management, during an extensive period of consultation. In view of rapid developments in this area, would appreciate feedback from organization as they put the IFM into use. It is intended that regular modifications will be made the IFM in the light of best practice.

Chapter one is Introduction of the project based on risk management and strategies methods used. Chapter two explains the background of the Vodacom Tanzania Ltd and the services and product offered by the company. Chapter three is about risk identification which faces the Vodacom Tanzania Ltd. Chapter four is explains the risk measurement in terms of frequency and severity which faces the Vodacom Tanzania Ltd. Chapter five, Project explains the risk treatment and technique used by Vodacom Tanzania Ltd to overcome various risks which face the company. Chapter six is analysis where the relationship between what I have been observed on risk management during research project and what have been written in various literates concerning risk management that’s evaluation is shown. Finally chapter seven is conclusion and recommendation that there same process should follow by the management department which led by the manager in monitoring risk and predictions of risk with warning alert of risk before occurrence.

LIST OF ABBREVIATIONS

1. GPRS – General Packet Radio Service 2. WASP – Web Analytics Solution Profiler 3. GSM - Group Special Mobile
4. WiMAX – Worldwide Interoperability for Microwave Access 5. SMS – Short Massage Services
6. PABX - Private Automatic Brach Exchange 7. IP – Internet Protocol
8. PIC – Professionals in Integrated analytics and Consultants 9. ALCO - Assets and liabilities committee. 10. IFM - Institute of Finance Management

TABLE OF CONTENTS

CHAPTER ONE
1. Executive Summary…………………………….…………………………………1

CHAPTER TWO
2.0 Historical background of the...
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