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1 Assessment Tasks Assessr Guide BSBRSK501A: Manage risk

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3 Assessment Tasks: Assessr Guide Assessment Dcumentatin This Assessr Guide is designed t prvide standardised dcumentatin and assessment prcedure fr the assessment prcesses cnducted by this RTO. The assessment tls that are used by yu (the assessr) will result in evidence being generated by the student targeting this unit f cmpetency. The evidence is kept by the RTO and is required fr audit purpses. The fllwing table summarises the types f evidence students can generate as prf f cmpetence. The table cntains infrmatin based n the AQF (Australian Qualificatins Framewrk) Level fr the unit BSBRSK501A: Manage risk. Sample assessment tls have been suggested as a means f assisting students in generating the apprpriate frm f evidence fr this unit. AQF Level Distinguishing Features (Surce: AQF Implementatin Handbk 2007: Guidelines) Type f evidence t be used Sample assessment tls Diplma Demnstrate understanding f a brad knwledge base incrprating theretical cncepts, with substantial depth in sme areas Analyse and plan appraches t technical prblems r management requirements Transfer and apply theretical cncepts and/r technical r creative skills t a range f situatins Evaluate infrmatin using it t frecast fr planning r research purpses Take respnsibility fr wn utputs in relatin t specified quality standards Take sme respnsibility fr the achievement f grup utcmes Wrkplace achievement Answers t case study Wrk samples frm a range f areas Practical demnstratin Rle playing a specific prcess Lg bk Phtgraphs / vides Third party reprt Perfrmance checklist fr demnstratins / rle plays Case study scenaris and questins with benchmark answers End prduct summary checklist Written/ral questins and benchmark answers The assessment activities assciated with the unit f cmpetency BSBRSK501A: Manage risk are listed belw: Assessment 1: Written Written answers t questins Assessment 2: Prject Written respnses t tasks Assessment 3: Prject Written respnses t tasks Assessment 4: Prject Written respnses t tasks Assessment 5: Prject Written respnses t tasks BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 1 f 29

4 Assessment Tasks: Assessr Guide Assessment Infrmatin The candidate has been given the fllwing infrmatin This guide cntains all f the assessment tasks required fr cmpletin f unit f cmpetency BSBRSK501A: Manage risk. Prir t cmmencing the assessments yur assessr will explain each task t yu. Yu will be given the pprtunity t ask questins and t seek clarificatin n any f the tasks, and yur assessr will remain available t supprt yu thrugh the assessment prcess. Yur assessr is als available t discuss Recgnitin f Prir Learning and whether this applies t yur circumstances. Terms and cnditins Submitting yur evidence prtfli Yu are recmmended t seek the advice f yur assessr when putting tgether yur evidence prtfli in rder t cnfirm that yu have prvided sufficient evidence f cmpetency. Yu shuld nte that yur evidence prtfli must be retained by the Registered Training Organisatin fr audit purpses and will nt be returned t yu. If yu wish t keep any evidence, yu shuld make a cpy prir t submissin fr assessment. Yu are advised t make sure yu clearly label each answer and task and cmplete all sectins f each assessment. If pssible, yu shuld als submit cpies f any wrkplace dcuments that may be relevant t this unit f cmpetency. In this case yu will need t gain apprval t prvide the cpies frm yur emplyer. Ownership and plagiarism Yu are advised by accepting these terms and cnditins yu have declared the evidence that yu submit is yur wn wrk r the result f yur wn research. By signing the declaratin belw yu acknwledge yur assessment is yur wn and cntains n material written by anther persn except where due reference is made. Nte that if yu qute any surce in yur evidence, yu must prvide a reference t the surce in rder t ensure that yu d nt breach Cpyright legislatin. Yu need t be aware that a false declaratin may lead t the withdrawal f a qualificatin. Re-submissin f yur evidence prtfli If yur evidence meets the requirements f the unit f cmpetency yu will be assessed as Cmpetent (C) in this unit. If yur evidence des nt meet the requirements f the unit f cmpetency yu will be assessed as Nt Yet Cmpetent (NYC). If yu are assessed NYC, it is imprtant t discuss yur re-submissin with yur assessr as yu will be given ne pprtunity nly t revise and re-submit yur evidence prtfli. Candidate s declaratin f riginal authrship The candidate is required t sign the fllwing declaratin in the Candidate cpy f this Assessment. I declare that this assessment is my wn and cntains n material written by anther persn except where due reference is made. I am aware that a false declaratin may lead t the withdrawal f a qualificatin BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 2 f 29

5 Assessment Tasks: Assessr Guide BSBRSK501A: Manage risk Elements 1. Establish risk cntext Perfrmance Criteria (PC): 1.1 Review rganisatinal prcesses, prcedures and requirements fr undertaking risk management 1.2 Determine scpe fr risk management prcess 1.3 Identify internal and external stakehlders and their issues 1.4 Review plitical, ecnmic, scial, legal, technlgical and plicy cntext 1.5 Review strengths and weaknesses f existing arrangements 1.6 Dcument critical success factrs, gals r bjectives fr area included in scpe 1.7 Obtain supprt fr risk management activities 1.8 Cmmunicate with relevant parties abut the risk management prcess and invite participatin 2. Identify risks Perfrmance Criteria (PC): 2.1 Invite relevant parties t assist in the identificatin f risks 2.2 Research risks that may apply t scpe 2.3 Use tls and techniques t generate a list f risks that apply t the scpe, in cnsultatin with relevant parties 3. Analyse risks Perfrmance Criteria (PC): 3.1 Assess likelihd f risks ccurring 3.2 Assess impact r cnsequence if risks ccur 3.3 Evaluate and priritise risks fr treatment 4. Select and implement treatments Perfrmance Criteria (PC): 4.1 Determine and select mst apprpriate ptins fr treating risks 4.2 Develp an actin plan fr implementing risk treatment 4.3 Cmmunicate risk management prcesses t relevant parties 4.4 Ensure all dcumentatin is in rder and apprpriately stred 4.5 Implement and mnitr actin plan 4.6 Evaluate risk management prcess Required Skills RS 1. cmmunicatin and literacy skills t cnsult and negtiate, t prepare cmmunicatins abut risk management, and t encurage stakehlder invlvement RS 2. rganisatinal and management skills t plan and implement risk management prcesses RS 3. prblem-slving and innvatin skills t find practical ways t manage identified risks. Required Knwledge RK 1. AS/NZS 4360:2004 Risk management. RK 2. legislatin, cdes f practice and natinal standards, fr example: duty f care cmpany law cntract law envirnmental law freedm f infrmatin industrial relatins law privacy and cnfidentiality legislatin relevant t rganisatin's peratins legislatin relevant t peratin as a business entity RK 3. rganisatinal plicies and prcedures, including: risk management strategy plicies and prcedures fr risk management BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 3 f 29

6 Assessment Tasks: Assessr Guide Required Knwledge RK 4. verall peratins f rganisatin RK 5. reasnable adjustment in the wrkplace fr peple with a disability RK 6. types f available insurance and insurance prviders. Critical aspects f evidence Evidence f the fllwing is essential: CAE 1. risk management plan which includes a detailed stakehlder analysis, explanatin f the risk cntext, critical success factrs, identified and analysed risks, and treatments fr priritised risks CAE 2. details f mnitring arrangements fr risk management plan and an evaluatin f the risk management plan's efficacy in treating risks CAE 3. knwledge f relevant legislatin, cdes f practice and natinal standards. Emplyability Skills Industry and enterprise requirements fr the qualificatin: ES 1. ES 2. ES 3. ES 4. ES 5. ES 6. ES 7. ES 8. Cmmunicatin cnducting research t cllect and analyse infrmatin in a range f reprts cnsulting with thers t develp a range f plans and reprts liaising with stakehlders and prmting participative wrkplace arrangements negtiating slutins t new and emerging issues Teamwrk cntributing t the develpment f ther team members prviding feedback n team perfrmance t clleagues and managers Prblem slving applying risk management prcesses t business peratins assessing financial viability f new pprtunities and matching rganisatinal capability with market needs Initiative and enterprise encuraging creative and innvative wrkplace slutins identifying new and emerging pprtunities fr the business and develping strategies t capitalise n them managing, fstering and facilitating change Planning and rganising develping systems that are flexible and respnsive t changing circumstances planning fr cntingencies and perfrmance f staff and systems Self management dealing with cntingencies managing wn time and pririties taking respnsibility as required by wrk rle and ensuring all rganisatinal plices and prcedures are adhered t Learning assisting thers t acquire new knwledge and skills t imprve team and individual perfrmance Technlgy using electrnic cmmunicatin devices and prcesses such as internet, intranet, t prduce written crrespndence and reprts using technlgy t assist the management f infrmatin and t assist the planning prcess Candidates targeting unit BSBRSK501A: Manage risk need t cmplete all frmative activities in preparatin fr the five summative assessment activities required fr this unit. The candidate is prvided with instructins fr each f the summative assessment activities in her/his assessment task bk. If at any stage f the assessments, yu believe that the safety f anyne is in jepardy, yu shuld abrt the assessment sessin. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 4 f 29

7 Assessment Tasks: Assessr Guide Assessment 1: Written Test The fllwing instructins have been prvided t the candidate. Instructins t Candidate Yu are required t answer the fllwing questins t cnfirm yur knwledge in relatin t unit BSBRSK501A: Manage risk. Yu may refer t yur training materials and ther research while cmpleting the answers. Write yur answers in the spaces belw using a blue r black pen. Alternatively type a dcument and prvide a printed cpy. If yu re-type the dcument, repeat each questin in the dcument and type yur answer under the questin. Instructins t Assessr: Written Benchmark Answers The fllwing answers are supplied fr yu (the assessr). Please ensure when marking the candidate s wrk that yu adhere t the prescribed answers. The benchmark answers in the fllwing table are intended as a guide t ensure cnsistency f assessment. Questins and benchmark answers Questin 1. What is the name f the rganisatin that issues the AS/NZS 4360:2004 Risk Management Standard? Standards Australia RK 1 CAE 3 Questin 2. Is the Risk Management Standard a generic cde f practice fr managing A. Occupatinal Health and Safety within an rganisatin, hazards and negative impacts; r B. Risks t an rganisatin achieving its bjectives, assciated with expsure t the cnsequences f uncertainty? B. Risks t an rganisatin achieving its bjectives, assciated with expsure t the cnsequences f uncertainty RK 1 CAE 3 Questin 3. Define in yur wn wrds the meaning f duty f care fr an emplyer. Answers shuld be wrded t indicate: T prvide and maintain, as far as is reasnably practicable, an envirnment at the wrkplace and/r adjacent t the wrkplace that is safe and withut risk t persns. RK 2 Questin 4. Name the main cmpany law (legislatin) that prvides the guidelines and legal requirements fr crpratins t perate as an Australian incrprated bdy. Crpratins Act 2001 RK 2 CAE 3 BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 5 f 29

8 Assessment Tasks: Assessr Guide Questins and benchmark answers Questin 5. What are the three key elements f a cntract under Australian cntract law? 1. An ffer 2. Acceptance f the ffer 3. Cnsideratin RK 2 Questin 6. There are 2 main Acts that relate t the prtectin f the envirnment and the cnservatin f bidiversity in Queensland. The Envirnment Prtectin and Bidiversity Cnservatin Act, 1999 (Cmmnwealth) The Envirnmental Prtectin Act 1994 (Qld). What are the 4 key areas f pllutin cvered by envirnmental prtectin legislatin? 1. Water 2. Air 3. Nise 4. Waste dispsal RK 2 CAE 3 Questin 7. What is the name f the tribunal which has taken ver the frmer functins f the Australian Industrial Relatins Cmmissin (AIRC)? Fair Wrk Australia RK 2 CAE 3 Questin 8. What is the name f Australia's natinal privacy regulatr? The Australian Privacy Cmmissiner is the natinal privacy regulatr RK 2 CAE 3 Questin 9. What is the Cmmnwealth Act (legislatin) that the privacy regulatr perfrms functins under? The Office f the Australian Privacy Cmmissiner perfrms functins under the Privacy Act RK 2 CAE 3 BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 6 f 29

9 Assessment Tasks: Assessr Guide Questins and benchmark answers Questin 10. Identify (by name and date) 3 current Cmmnwealth Acts (legislatin) that affect business peratins. Answers shuld state 3 f the fllwing r any ther current Cmmnwealth Act that relates t business peratins Age Discriminatin Act, 2004 Cpyright Act 1968 Crpratins Act 2001 Disability Discriminatin Act, 1992 Envirnment Prtectin and Bidiversity Cnservatin Act, 1999 Fair Wrk Act 2009 Privacy Act 1988 Racial Discriminatin Act, 1975 Sex Discriminatin Act, 1984 RK 2 CAE 3 Questin 11. In the wrkplace it is a legal requirement t make reasnable adjustments fr peple with a disability. Name the Act that emplyers must cmply with. Disability Discriminatin Act 1992 RK 5 Questin 12. List 3 types f insurance designed t prtect business assets. Answer shuld identify 3 f the fllwing: Building and cntents Deteriratin f stck Electrnic equipment Machinery breakdwn Mtr vehicles and fleets Third party, fire and theft RK 6 Questin 13. Identify the cmpulsry insurance that an emplyer must take ut in case f injury t emplyees in the curse f their wrk. Wrkers Cmpensatin insurance RK 6 Questin 14. Identify 2 types f liability insurance designed t prtect a business frm the financial risk f a legal claim fr damages. Answer shuld identify 2 f the fllwing: Public Liability Prfessinal Indemnity Prduct Liability RK 6 Ttal Questins 14 BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 7 f 29

10 Assessment Tasks: Assessr Guide Assessment checklist Assessr Nte Please cmplete the assessment checklist in the Candidate Guide t recrd the assessment prcess and utcme. The checklist cntains a declaratin by the candidate as fllws: The purpse and utcmes f the assessment have been explained. I have received infrmatin abut the unit f cmpetency. I understand the type f evidence t be cllected. The appeals system has been explained t me. I have ntified my assessr f any special needs that may need t be cnsidered during the assessment. The checklist cntains a sectin fr the assessr t recrd the fllwing: Whether RPL / Accelerated prgressin is required Whether Language / Literacy / Numeracy supprt is required Any ther special needs BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 8 f 29

11 Assessment Tasks: Assessr Guide Assessment 2: Prject The fllwing instructins have been prvided t the candidate. Instructins t Candidate This activity is related t the unit f cmpetency BSBRSK501A: Manage risk. In particular, yu will be required t demnstrate yur skills and knwledge in relatin t this unit f cmpetency. Yu may refer t yur training materials and ther research if required. The activity may be cmpleted in the wrkplace r a simulated wrkplace. Yur assessr will use a checklist t recrd the assessment decisin. Overview Belw are a number f practical tasks t be cmpleted ver a perid f time in a real r simulated wrkplace where yu will perfrm the duties f a manager. The times fr cmpletin f the tasks are t be negtiated between yurself and the assessr. The tasks will reflect yur ability t: Prject: Establish the cntext fr risk management including stakehlders, and critical success factrs Yur assessr will prvide yu with instructins and cmplete a checklist n which they will recrd yur satisfactry perfrmance f wrkplace tasks. The Prject Tasks table belw identifies the dcuments that yu are required t prepare and submit in yur evidence prtfli. They may be presented in printed frmat in a flder r as an electrnic cpy. Ensure bth yur name and student number is clearly displayed. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 9 f 29

12 Assessment Tasks: Assessr Guide Instructins t Assessr The fllwing benchmarks are supplied fr yu (the assessr). Please ensure when marking the candidate s wrk that yu adhere t the prescribed benchmarks which are intended as a guide t ensure cnsistency f assessment. Prject Tasks The fllwing tasks may be cmpleted as a wrkplace prject based n yur wn rganisatin and jb rle, r as a simulated wrkplace prject based n a fictitius rganisatin, r an rganisatin yu are familiar with. 1. Identify an rganisatin and its prcesses, prcedures and requirements fr undertaking risk management. Fr an rganisatin where yu are the manager f a department, identify the fllwing: Name f the rganisatin, a descriptin f the type f activities it cnducts. The rganisatin s bjectives/gals. (One r tw sentences.) The rganisatin s requirements and prcesses fr managing crprate and peratinal risks. This shuld identify: A list f the rganisatinal dcumentatin r plans that must incrprate a risk management plan. A list f the structure (r headings) that must be included in the risk management plan. PC 1.1 RK 3-4 ES 1 Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Organisatinal Risk Management Prcesses cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 1 Candidate s respnses may vary A dcument with the title Organisatinal Risk Management Prcesses. Identified an rganisatin and described the type f activities it cnducts. Identified the rganisatin s bjectives/gals in ne r tw sentences. Included the fllwing types f dcuments in their list f rganisatinal dcuments r plans where a risk management plan is required: Strategic plans Operatinal plans Prject plans Identified the fllwing areas in their list f the structure f the risk management plan. Establishing the cntext Identifying the risks Analysing and/r evaluating the risks Treating the risks BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 10 f 29

13 Assessment Tasks: Assessr Guide Prject Tasks 2. As a manager, when develping a risk management plan fr a prject, yu need t identify a prject s gals r bjectives and its scpe and critical success factrs fr risk management. Describe a prject designed t prmte the gals/bjectives f the rganisatin that yu identified in Task 1. This may be a majr prject requiring strategic change management such as: Technlgical innvatin New prducts r services Opening new markets Organisatinal restructure Alternatively, it may be an internal peratinal prject such as: Office refurbishment Relcatin f premises Re-tling f assembly plant Marketing activities Training activities PC 1.2, 1.6 CAE 1 RS 1-2 RK 4 ES 1, 3-4 Explain the scpe f the prject in terms f deliverables (what it is designed t achieve). Relate the deliverables t the gals/bjectives f the rganisatin and explain hw the prject prmtes them. Identify the Critical Success Factrs (CSF) - factrs that must be present in rder fr the prject t be successful and prmte the rganisatin s gals. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Scpe and Critical Success Factrs cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 2 Candidate s respnses may vary A dcument with the title Scpe and Critical Success Factrs. Described a prject that prmtes the gals/bjectives f the rganisatin identified in Task 1. Explained the scpe f the prject in terms f deliverables. These are the perfrmance standards fr the prject. Explained hw the prject prmtes the gals/bjectives f the rganisatin Identified the CSFs that are critical t the success f the prject. Examples might include: The skills and knwledge f the prject team members The availability f key resurces External factrs such as market acceptance BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 11 f 29

14 Assessment Tasks: Assessr Guide Prject Tasks 3. As a manager, when develping a risk management plan, yu need t identify the key issues fr stakehlders and the methds f cmmunicating and btaining supprt fr the risk management activities. Refer t each f the Critical Success Factrs (CSF) that yu identified fr the prject in Task 2. Fr each CSF: PC 1.3, CAE 1 RS 1-2 RK 4 ES 1, 3 Identify the prject stakehlders that are invlved in the CSF. Stakehlders shuld be cnsidered as any individual, grup r entity that the prject will affect, and may include: Clients r custmers Suppliers and cntractrs Internal prject team members Other persnnel r departments within the rganisatin. The prject spnsr r management f the rganisatin A prject funding bdy Explain the relatinship between each grup f the stakehlders and the identified CSF. Discuss (ne paragraph) the methds that yu can use t cmmunicate with relevant parties and btain their supprt fr yur risk management activities. Explain the kinds f supprt that yu wuld invite them t give. Relevant parties may include: All staff Internal and external stakehlders Senir management Specific teams r business units Technical experts Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Stakehlder Key Issues and Supprt cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 3 Candidate s respnses may vary A dcument with the title Stakehlder Key Issues and Supprt : The dcument shuld refer t the Critical Success Factrs identified in Task 2 The candidate shuld identify internal and external stakehlders that are relevant t the prject, and relate the stakehlders t the CSF s. The relatinship shuld attempt t shw hw the specific stakehlder r grup is essential t the success f the prject. If they are part f the prject team, a supplier r cntractr, they are a critical success factr fr implementatin and achieving prject deliverables. If they are a client r custmer, their needs, desires and capacity t purchase are critical success factrs. Methds f cmmunicatin will vary depending upn the prject and identified CSFs. Internal meetings, presentatins, and varius frms f written cmmunicatin may be identified. External cmmunicatin may invlve market research activities r ther methds f cmmunicatin. The candidate shuld identify the kinds f supprt that they wuld invite relevant parties t give, such as invlvement in the planning f risk management activities and participatin in risk management activities. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 12 f 29

15 Assessment Tasks: Assessr Guide Prject Tasks 4. In yur rle as manager, when develping a risk management plan, yu need t establish the cntext f the risk management plan in relatin t external factrs. Refer t the prject that yu identified in Task 1 and the cntext f the risk management plan that yu have develped in Tasks 2 and 3. PC 1.4 CAE 1 RS 3 RK 4 ES 1, 3 Identify external factrs that culd have an impact upn the success r therwise f the prject. Yur reprt shuld have 4 headings and ne paragraph under each heading. If yu cnsider that these factrs will have n impact upn the prject, explain yur reasns. Plitical factrs Ecnmic factrs Scial factrs Technlgical factrs Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title External Factrs cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 4 Candidate s respnses may vary A dcument with the title External Factrs The reprt shuld identify any plitical, ecnmic, scial r technlgical factrs that may have an impact upn the success f the prject. The reprt may emphasise negative impacts r be balanced between psitive and negative impacts. The reprt shuld shw that the candidate is fcusing n the final utcme r gal f the prject, and the critical success factrs in achieving the gal, as it was stated in Task 1. Where the reprt has nt identified an impact fr each heading, it shuld have a shrt paragraph explaining why this factr wuld nt have an impact. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 13 f 29

16 Assessment Tasks: Assessr Guide Prject Tasks 5. As a manager f an rganisatinal prject, yu need t review the strengths and weaknesses f the existing arrangements, within the cntext f the identified prject. Cmplete a SWOT analysis in relatin t yur prject. PC 1.5 CAE 1 RS 2 ES 3-5 Refer t the dcuments yu designed in the previus tasks. Identify the internal strengths f the team and the rganisatin as it relates t yur prject. Identify any internal weaknesses f the team and the rganisatin as it relates t yur prject. Identify any external pprtunities that exist fr the rganisatin in relatin t yur prject. Identify any external threats that exist fr the rganisatin in relatin t yur prject. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title SWOT analysis cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 5 Candidate s respnses may vary A dcument with the title SWOT analysis. The SWOT analysis shuld review the strengths and weaknesses f existing arrangements as they relate t the prject within the cntext f the rganisatin and any external factrs. The candidate shuld demnstrate separatin f internal (strengths and weaknesses) and external (pprtunities and threats) factrs in their analysis. The previus tasks cmpleted by the candidate shuld be used as a reference, particularly the critical success factrs that they identified. Prject Task The verall prject task: ES 1, 8 Cmpile all the abve dcuments tgether. They will be assessed separately and then assessed fr verall readability, which includes use f apprpriate grammar and punctuatin in sentences and paragraphs. Has the candidate met the fllwing criteria fr the verall prject task Reprts display apprpriate readability by using apprpriate grammar and punctuatin in sentences and paragraphs. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 14 f 29

17 Assessment Tasks: Assessr Guide Assessment checklist Assessr Nte Please cmplete the assessment checklist in the Candidate Guide t recrd the assessment prcess and utcme. The checklist cntains a declaratin by the candidate as fllws: The purpse and utcmes f the assessment have been explained. I have received infrmatin abut the unit f cmpetency. I understand the type f evidence t be cllected. The appeals system has been explained t me. I have ntified my assessr f any special needs that may need t be cnsidered during the assessment. The checklist cntains a sectin fr the assessr t recrd the fllwing: Whether RPL / Accelerated prgressin is required Whether Language / Literacy / Numeracy supprt is required Any ther special needs BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 15 f 29

18 Assessment Tasks: Assessr Guide Assessment 3: Prject The fllwing instructins have been prvided t the candidate. Instructins t Candidate This activity is related t the unit f cmpetency BSBRSK501A: Manage risk. In particular, yu will be required t demnstrate yur skills and knwledge in relatin t this unit f cmpetency. Yu may refer t yur training materials and ther research if required. The activity may be cmpleted in the wrkplace r a simulated wrkplace. Yur assessr will use a checklist t recrd the assessment decisin. Overview Belw are a number f practical tasks t be cmpleted ver a perid f time in a real r simulated wrkplace where yu will perfrm the duties f a manager. The times fr cmpletin f the tasks are t be negtiated between yurself and the assessr. The tasks will reflect yur ability t: Prject: Identify the risks that apply t the scpe, in cnsultatin with relevant parties Yur assessr will prvide yu with instructins and cmplete a checklist n which they will recrd yur satisfactry perfrmance f wrkplace tasks. The Prject Tasks table belw identifies the dcuments that yu are required t prepare and submit in yur evidence prtfli. They may be presented in printed frmat in a flder r as an electrnic cpy. Ensure bth yur name and student number is clearly displayed. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 16 f 29

19 Assessment Tasks: Assessr Guide Instructins t Assessr The fllwing benchmarks are supplied fr yu (the assessr). Please ensure when marking the candidate s wrk that yu adhere t the prescribed benchmarks which are intended as a guide t ensure cnsistency f assessment. Prject Tasks The fllwing tasks may be cmpleted as a wrkplace prject based n yur wn rganisatin and jb rle, r as a simulated wrkplace prject based n a fictitius rganisatin, r an rganisatin yu are familiar with. 1. As a manager planning risk management activities, yu need t identify the relevant parties that yu will invite t assist in the identificatin f risks. Refer t the risk cntext that yu established in Assessment 2: Prject. Nte that AS/NZS 4360:2004 Risk Management Standard states that all stakehlders wh have a vested interest in the prject shuld be cnsulted and/r cmmunicated with at the earliest stage f the risk management prcess. Identify the parties within the rganisatin that yu wuld cnsult when develping yur risk management plan. Identify any parties external t the rganisatin that yu wuld cnsult when develping yur risk management plan. Explain the techniques yu wuld use t bring tgether different areas f expertise in rder t identify and analyse risks. Explain the benefits f cnsultatin with the prject team members t prmte a sense f wnership. Describe the methds f cmmunicatin and cnsultatin that yu wuld use fr the parties that yu identified. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Identifying Risks thrugh Cnsultatin cntaining the abve infrmatin. PC 2.1, 2.3 CAE 1 RS 1 RK 4 ES 1-3, 5-6 Has the candidate met the fllwing criteria fr Task 1 Candidate s respnses may vary A dcument with the title Identifying Risks thrugh Cnsultatin. The identified parties shuld include all internal and external stakehlders that were in the candidate s respnse t Assessment 2: Prject, Task 3, because AS/NZS 4360:2004 states that all parties with a vested interest shuld be cnsulted. Techniques fr bringing tgether different areas f expertise will vary accrding t the prject chsen and the stakehlders identified. Sme examples are brainstrms, scenari analysis, meetings, market research, questinnaires, infrmal feedback, telecnferencing. Benefits f cnsultatin t prmte a sense f wnership : example answers may be: Ensuring different views are taken int accunt. Engagement f stakehlders. Allwing stakehlders t appreciate the benefits f risk cntrl measures. Allws stakehlders t appreciate the need fr a risk management plan. Gives an pprtunity fr stakehlders t endrse the risk management plan. Methds f cmmunicatin may be meetings, infrmal feedback and cnsultatin and written crrespndence ( etc) BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 17 f 29

20 Assessment Tasks: Assessr Guide Prject Tasks 2. As a manager, yu need t use relevant tls and techniques t identify risks related t yur prject. Create a checklist f the risks assciated with the prject scpe and fr each risk explain: What can happen? When and where? Hw and why? PC 2.2, 2.3 CAE 1 RS 1-3 ES 1, 3, 5 Explain hw yu used the fishbne diagram tl in rder t analyse cause and effect. A fishbne diagram is nt required t be submitted. Discuss yur experience f the effectiveness f the technique in relatin t yur prject. Explain hw used scenari analysis t identify risks. Discuss the way yu invlved the prject team in cnducting a scenari analysis. Give a brief utline f the steps that yu used. Nte: Ensure that yu als address any risks t ccupatinal health and safety. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Identifying Risks cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 2 Candidate s respnses may vary A dcument with the title Identifying Risks. A checklist f the risks, (including OHS risks where relevant) ensuring that they have explained what can happen, when, where, hw and why, if this is relevant t the risks identified. An explanatin f hw the Fishbne Diagram is used as a tl t analyse cause and effect. A review f the effectiveness f the fishbne diagram technique in relatin t the candidate s prject. An explanatin f using scenari analysis as a tl fr identifying risks. A discussin f hw the candidate invlved the team in scenari analysis, fr example in a team meeting r brainstrming sessin. A brief utline f the steps invlved in scenari analysis: Describing the basic scenari / situatin. Pltting a curse f actin (the tasks invlved) Cllabrate with stakehlders t identify majr tasks and a safe rute Tease ut the pssible deviatins frm the safe rute. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 18 f 29

21 Assessment Tasks: Assessr Guide Prject Task The verall prject task: Cmpile all the abve dcuments tgether. They will be assessed separately and then assessed fr verall readability, which includes use f apprpriate grammar and punctuatin in sentences and paragraphs. ES 1, 8 Has the candidate met the fllwing criteria fr the verall prject task Reprts display apprpriate readability by using apprpriate grammar and punctuatin in sentences and paragraphs. Assessment checklist Assessr Nte Please cmplete the assessment checklist in the Candidate Guide t recrd the assessment prcess and utcme. The checklist cntains a declaratin by the candidate as fllws: The purpse and utcmes f the assessment have been explained. I have received infrmatin abut the unit f cmpetency. I understand the type f evidence t be cllected. The appeals system has been explained t me. I have ntified my assessr f any special needs that may need t be cnsidered during the assessment. The checklist cntains a sectin fr the assessr t recrd the fllwing: Whether RPL / Accelerated prgressin is required Whether Language / Literacy / Numeracy supprt is required Any ther special needs BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 19 f 29

22 Assessment Tasks: Assessr Guide Assessment 4: Prject The fllwing instructins have been prvided t the candidate. Instructins t Candidate This activity is related t the unit f cmpetency BSBRSK501A: Manage risk. In particular, yu will be required t demnstrate yur skills and knwledge in relatin t this unit f cmpetency. Yu may refer t yur training materials and ther research if required. The activity may be cmpleted in the wrkplace r a simulated wrkplace. Yur assessr will use a checklist t recrd the assessment decisin. Overview Belw are a number f practical tasks t be cmpleted ver a perid f time in a real r simulated wrkplace where yu will perfrm the duties f a manager. The times fr cmpletin f the tasks are t be negtiated between yurself and the assessr. The tasks will reflect yur ability t: Prject: Cnduct a risk assessment Yur assessr will prvide yu with instructins and cmplete a checklist n which they will recrd yur satisfactry perfrmance f wrkplace tasks. The Prject Tasks table belw identifies the dcuments that yu are required t prepare and submit in yur evidence prtfli. They may be presented in printed frmat in a flder r as an electrnic cpy. Ensure bth yur name and student number is clearly displayed. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 20 f 29

23 Assessment Tasks: Assessr Guide Instructins t Assessr The fllwing benchmarks are supplied fr yu (the assessr). Please ensure when marking the candidate s wrk that yu adhere t the prescribed benchmarks which are intended as a guide t ensure cnsistency f assessment. Prject Tasks The fllwing tasks may be cmpleted as a wrkplace prject based n yur wn rganisatin and jb rle, r as a simulated wrkplace prject based n a fictitius rganisatin, r an rganisatin yu are familiar with. 1. As a manager develping a risk management plan, yu need t assess the likelihd f the risks. Refer t the checklist that yu created in Assessment 3 Prject, Task 2. Fr each risk, identify the likelihd f the risk ccurring in a shrt paragraph, giving reasns fr yur assessment. Place each risk in ne f the fllwing categries. PC 3.1 CAE 1 RS 1-3 ES 3, 5 Very likely Likely Pssible Unlikely Rare Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Risk Likelihd cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 1 Candidate s respnses may vary A dcument with the title Risk Likelihd. All risks identified in the previus Task 2 frm Assessment 3 Prject shuld be included. The likelihd f each risk shuld be stated in terms f ne f the categries shwn in the candidate task (abve) The reasns fr the assessment f likelihd shuld be given in a shrt paragraph fr each risk. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 21 f 29

24 Assessment Tasks: Assessr Guide Prject Tasks 2. As a manager develping a risk management plan, yu need t assess the impact r cnsequence f the risks. Refer t the checklist that yu created in Assessment 3 Prject, Task 2. Fr each risk, identify the cnsequence f the risk ccurring in a shrt paragraph, giving reasns fr yur assessment. Place each risk in ne f the fllwing categries. PC 3.2 CAE 1 RS 1-3 ES 3, 5 Disastrus Severe Mderate impact Minimal impact Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Risk Cnsequences cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 2 Candidate s respnses may vary A dcument with the title Risk Cnsequences. All risks identified in the previus Task 2 frm Assessment 3 Prject shuld be included. The impact r cnsequence f each risk shuld be stated in terms f ne f the categries shwn in the candidate task (abve) The reasns fr the assessment f cnsequence shuld be given in a shrt paragraph fr each risk. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 22 f 29

25 Assessment Tasks: Assessr Guide Prject Tasks 3. As a manager develping a risk management plan, yu need t evaluate and priritise the identified risks fr treatment. Refer t the Risk Likelihd and Risk Cnsequence dcuments that yu cmpleted fr Tasks 1 and 2 abve. PC 3.3 CAE 1 RS 1-3 ES 3, 5 Evaluate each f the risks. Explain the fllwing in a shrt paragraph fr each f the risks: Whether the risk is acceptable. Whether the risk is nt acceptable. The reasns fr yur decisins. Summarise yur reprt with a table r list, priritising all the risks n a scale f 1 t 5, where 1 is highest pririty and 5 is the lwest pririty fr treatment, and placing the list in pririty rder. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Risk Evaluatin cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 3 Candidate s respnses may vary A dcument with the title Risk Evaluatin. All risks identified in the previus tasks. A shrt paragraph fr each risk. The paragraph shuld state the risk evaluatin in terms f whether it is acceptable r nt, and give reasns fr their decisin. (Significant safety risks shuld be identified fr treatment.) A summary table r list, priritising the risks n a scale f 1 t 5, and placed in rder fr treatment. Prject Task The verall prject task: ES 1, 8 Cmpile all the abve dcuments tgether. They will be assessed separately and then assessed fr verall readability, which includes use f apprpriate grammar and punctuatin in sentences and paragraphs. Has the candidate met the fllwing criteria fr the verall prject task Reprts display apprpriate readability by using apprpriate grammar and punctuatin in sentences and paragraphs. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 23 f 29

26 Assessment Tasks: Assessr Guide Assessment checklist Assessr Nte Please cmplete the assessment checklist in the Candidate Guide t recrd the assessment prcess and utcme. The checklist cntains a declaratin by the candidate as fllws: The purpse and utcmes f the assessment have been explained. I have received infrmatin abut the unit f cmpetency. I understand the type f evidence t be cllected. The appeals system has been explained t me. I have ntified my assessr f any special needs that may need t be cnsidered during the assessment. The checklist cntains a sectin fr the assessr t recrd the fllwing: Whether RPL / Accelerated prgressin is required Whether Language / Literacy / Numeracy supprt is required Any ther special needs BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 24 f 29

27 Assessment Tasks: Assessr Guide Assessment 5: Prject The fllwing instructins have been prvided t the candidate. Instructins t Candidate This activity is related t the unit f cmpetency BSBRSK501A: Manage risk. In particular, yu will be required t demnstrate yur skills and knwledge in relatin t this unit f cmpetency. Yu may refer t yur training materials and ther research if required. The activity may be cmpleted in the wrkplace r a simulated wrkplace. Yur assessr will use a checklist t recrd the assessment decisin. Overview Belw are a number f practical tasks t be cmpleted ver a perid f time in a real r simulated wrkplace where yu will perfrm the duties f a manager. The times fr cmpletin f the tasks are t be negtiated between yurself and the assessr. The tasks will reflect yur ability t: Prject: Develp an actin plan fr implementing and reviewing risk treatment. Yur assessr will prvide yu with instructins and cmplete a checklist n which they will recrd yur satisfactry perfrmance f wrkplace tasks. The Prject Tasks table belw identifies the dcuments that yu are required t prepare and submit in yur evidence prtfli. They may be presented in printed frmat in a flder r as an electrnic cpy. Ensure bth yur name and student number is clearly displayed. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 25 f 29

28 Assessment Tasks: Assessr Guide Instructins t Assessr The fllwing benchmarks are supplied fr yu (the assessr). Please ensure when marking the candidate s wrk that yu adhere t the prescribed benchmarks which are intended as a guide t ensure cnsistency f assessment. Prject Tasks The fllwing tasks may be cmpleted as a wrkplace prject based n yur wn rganisatin and jb rle, r as a simulated wrkplace prject based n a fictitius rganisatin, r an rganisatin yu are familiar with. 1. As a manager develping a risk management plan fr a prject, yu need t identify ptins fr risk treatment and select the mst apprpriate ptin fr treating each risk. Refer t the Risk Evaluatin dcument that yu cmpleted fr Assessment 4 Prject, Task 3. PC 4.1 CAE 1 RS 1-3 ES 3, 5 Select the first 3 risks n yur pririty list summary at the end f Task 3. Fr each risk, describe at least 2 ways that yu culd treat the risk in a shrt paragraph. Select the best ptin frm the risk treatments that yu identified and explain in a shrt paragraph why yu selected this ptin. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Risk Treatment Optins cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 1 Candidate s respnses may vary A dcument with the title Risk Treatment Optins. The dcument shuld be based upn the Risk Evaluatin that the candidate cmpleted in Task 3 f Assessment 4: Prject. Three risks shuld be listed. Each risk shuld have at least 2 risk treatment ptins explained. The risks and ptins fr treatment will vary depending upn the prject that the candidate has selected. The best ptin fr treatment shuld be identified and the selectin justified in a shrt paragraph. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 26 f 29

29 Assessment Tasks: Assessr Guide Prject Tasks 2. As a manager develping an implementatin prcess fr yur risk management plan, yu need t design an actin plan fr implementing the risk treatment ptins selected. Refer t the 3 Risk Treatment Optins that yu selected in Task 1. PC CAE 1-2 RS 1-3 ES 5, 7 Design an actin plan fr implementing each f the 3 risk treatment ptins. Yur plan shuld be in 3 parts, ne part fr each f the risk treatment ptins. Each part shuld cntain: A summary f the risk, its likelihd, cnsequences and risk pririty. A summary f the selected risk treatment ptin. A task list fr implementing the risk treatment, with each task allcated t an individual r grup (eg the prject manager, prject administratr, team members, ther rganisatinal persnnel r external cntractrs r experts). A timeline fr the tasks r a deadline fr their cmpletin. The resurces and/r budget required. Relevant parties that yu wuld need t cmmunicate with, and hw yu wuld cmmunicate the actin plan t them. The dcumentatin r recrds that yu will need t cmplete, recrd and/r stre. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Risk Treatment Implementatin Plan cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 2 Candidate s respnses may vary A dcument with the title Risk Treatment Implementatin Plan. The actin plan shuld prvide an implementatin plan fr treating the 3 risks that the candidate identified as highest pririty, using the preferred risk treatments that they identified in Task 1. The dcument shuld be in 3 sectins - three individual risk treatment implementatin plans. Each sectin shuld fllw the structure shwn in the candidate Task 2 instructins. The infrmatin can be presented as shrt bullet pints r sentences, r in a table frmat. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 27 f 29

30 Assessment Tasks: Assessr Guide Prject Tasks 3. As a manager implementing a risk management prcess, yu need t develp a prcedure fr mnitring and review f the risk treatment plan. Refer t the Risk Treatment Implementatin Plan yu develped in Task 2. Design a prcedure fr mnitring each risk treatment plan thrughut the implementatin phase. Include the fllwing: Perfrmance measures hw will yu knw the implementatin is successful? Timeframes fr assessment at what pints during the implementatin prcess will yu measure perfrmance? Mnitring methds what methds will yu use t cmpare actual prgress with the identified perfrmance measures? Recrding methds what methds r tls will yu use t recrd prgress against the perfrmance measures? Nte that yu may need 3 different sectins in yur mnitring plan, fr each f the 3 risk treatment implementatin plans, r yu may be able t cnslidate this dcument int a single mnitring plan. This will depend upn whether the perfrmance measures are separate r can be cnslidated. PC CAE 2 RS 1-3 ES 2, 4-7 Design a checklist fr reviewing the risk treatment plan. Include the fllwing: Identify the stakehlders wh will be invlved in the review. Identify the methds fr review. Examples may be: Questinnaires Interviews Review f dcumentatin Fcus grups Team meetings List the questins that yu wuld ask in yur review. Yu are required t prvide yur assessr with the fllwing dcument: A dcument with the title Mnitring and Review cntaining the abve infrmatin. Has the candidate met the fllwing criteria fr Task 3 Candidate s respnses may vary A dcument with the title Mnitring and Review. The mnitring prcess shuld identify at least ne perfrmance measure. This shuld realistically identify a methd f tracking and evaluating prgress and/r utcmes, based n the candidate s prject and their risk treatment plan. The perfrmance measure shuld be stated as a measurable utcme, and the candidate shuld identify the methds they will use t measure the utcme. Examples may be prgress twards cmpletin at a specified time r measurement f qualitative utcmes such as risks prevented r minimized. The evaluatin prcess shuld identify stakehlders invlved in the review, and this shuld include the prject manager and the prject team. Wrding f questins fr the review shuld prmte the utcme f lessns learned. BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 28 f 29

31 Assessment Tasks: Assessr Guide Prject Task The verall prject task: Cmpile all the abve dcuments tgether. They will be assessed separately and then assessed fr verall readability, which includes use f apprpriate grammar and punctuatin in sentences and paragraphs. ES 1, 8 Has the candidate met the fllwing criteria fr the verall prject task Reprts display apprpriate readability by using apprpriate grammar and punctuatin in sentences and paragraphs. Assessment checklist Assessr Nte Please cmplete the assessment checklist in the Candidate Guide t recrd the assessment prcess and utcme. The checklist cntains a declaratin by the candidate as fllws: The purpse and utcmes f the assessment have been explained. I have received infrmatin abut the unit f cmpetency. I understand the type f evidence t be cllected. The appeals system has been explained t me. I have ntified my assessr f any special needs that may need t be cnsidered during the assessment. The checklist cntains a sectin fr the assessr t recrd the fllwing: Whether RPL / Accelerated prgressin is required Whether Language / Literacy / Numeracy supprt is required Any ther special needs BSBRSK501A_sample-Assessment_Assessr Guide.dc Ver1.0: April 2010 Page 29 f 29