This unit describes the skills and knowledge required to identify risks and to apply established risk management processes to a defined area of operations that are within the responsibilities and obligations of the role.  It applies to individuals with a broad knowledge of risk analysis or project management who contribute well developed skills in creating solutions to unpredictable problems through analysis and evaluation of information from a variety of sources. They may have responsibility to provide guidance or to delegate aspects of these tasks to others.  In this unit, risks applicable within own work responsibilities and area of operation, may include projects being undertaken individually or by a team, or operations within a section of the organisation.

Unit details

Location:
Footscray Nicholson
Footscray Park
Industry
Werribee
Study level:
Vocational and further education (TAFE)
Unit code:
BSBRSK401

Contact VU Polytechnic

Find a different unit

Assessment

Assessment tasks will be designed to reinforce and extend knowledge and skill competence within set and controlled parameters in accordance with each unit's learning outcomes and performance criteria requirements, including the setting of work based practical application tasks designed to provide evidence of competence outcomes, within periodic and scheduled timelines. Students will be expected to demonstrate the following required skills: - identify risks; - consult with relevant stakeholders to analyse and evaluate risks; - identify and evaluate control measures; - develop and implement treatment plans for own area or responsibility; - refer risks that are beyond own area of responsibility to others, and; - maintain risk management documentation.Students will also be expected to demonstrate the following knowledge: - outline techniques for identifying and evaluating risks; - outline organisational policies, procedures or processes for risk management; - give examples of areas where risks are commonly identified in an organisation; - outline the purpose and key elements of current risk management standards; - outline the legislative and regulatory context of the organisation in relation to risk management, and; - describe the organisation's auditing requirements relating to risk management.

Where to next?

As part of a course

This unit is studied as part of the following courses. Refer to the course page for information on how to apply for the course.

VU takes care to ensure the accuracy of this unit information, but reserves the right to change or withdraw courses offered at any time. Please check that unit information is current with the Student Contact Centre.