This unit describes the performance outcomes, skills and knowledge required to develop, implement and evaluate a risk-management program for an organisation. It incorporates an assessment of potential risks facing the organisation and the development of strategies and procedures to mitigate risk situations according to the current Australian and New Zealand standard.

Unit details

Location:
Study level:
Vocational and further education (TAFE)
Unit code:
SISXRSK502A

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 and assess hazards, level of risk and treatment options; - develop strategies to manage organisational risks; - develop, implement and monitor a systematic risk-management plan for an organisation; - make changes to risk-management plan and program as required in response to review recommendations; - access and analyse required risk-assessment information; - document a risk-management plan for a specific organisation; - convey information about the organisational risk-management plan; - conduct a risk-management review, and; - consult with relevant personnel to implement review recommendations.Students will also be expected to demonstrate the following knowledge: - strategic and operational plans of the organisation in relation to organisational risk-management procedures to enable organisational capability to deal with events or incidents and risks associated with activities to be assessed and addressed; - legislation to enable risk identification and assessment for the relevant activities and identification of the legal responsibilities associated with risk management; - hierarchy of controls to enable the most appropriate and viable risk-treatment options to be applied to activities; - hazards associated with specific activities and locations to enable effective risk-treatment options to be identified; - risk-assessment principles and methodology; - common risk-management terminology, such as risk, risk management, hazard, risk analysis and risk-management plan; - risk-evaluation criteria to enable level of risk to be assessed, and; - disaster, emergency and evacuation plans.

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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