VU22229 - Develop and implement a risk management strategy

    Unit code: VU22229 | Study level: TAFE


    This unit describes the skills and knowledge required to develop, and manage the implementation and review of a risk management strategy for a particular organisational context.


    For Melbourne campuses

    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:

    • negotiate, consult and deal effectively with colleagues, clients, stakeholders and other relevant professionals;
    • manage organisational diversity;
    • manage changing initiatives;
    • achieve consensus and strategic outcomes;
    • achieve commitment to organisational risk management policies;
    • resolve conflicts;
    • manage performance;
    • plan contingency management when necessary;
    • source and interpret relevant codes, standards and protocols for risk management requirements;
    • assess existing and potential risks;
    • identify, prioritise risk mitigation opportunities;
    • planning skills to develop a risk management strategy and appropriate supporting policies and procedures;
    • writing and reporting skills to develop formal and informal reports, monitoring and progress reports and implementation plans, and;
    • analytical and evaluation skills to assess risk management strategy and use results to inform future practice.

    Required reading

    The qualified trainer and assessor will provide teaching and learning materials as required in the form of workbooks produced by the Polytechnic and/or via the Polytechnic e-learning system.

    As part of a course

    This unit is studied as part of the following course(s):

    Search for units, majors & minors