This unit describes skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting. It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.

Unit details

Location:
Study level:
Vocational and further education (TAFE)
Unit code:
BSBRSK501

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: - analyse information from a range of sources to identify the scope and context of the risk management process; - consult and communicate with relevant stakeholders to identify and assess risks, determine appropriate risk treatment actions and priorities and explain the risk management processes; - develop and implement an action plan to treat risks; - monitor and evaluate the action plan and risk management process, and; - maintain documentation. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.Students will also be expected to demonstrate the following knowledge: - 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; - outline organisational policies, procedures and processes for 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.

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