First one is the task one of this assignment and second file is the learner guide
BSBRSK501 Manage Risk - Assessment Task One INTRODUCTION Organisational Goals for McVille Café Written Report Based on the information provided about Mcville Cafes A) Describe the Purpose and key elements of the to AS/NZS ISO 31000:20, PURPOSE: KEY ELEMENTS may include PRINCIPLES AND PROCESSES OF RISK MANAGEMENT may include EFFECTIVENESS OF THE MAC VILLE IN SUPPORTING STANDARD SCOPE OF RISK CRITICAL SUCCESS FACTORS ROLE OF INTERNAL AND EXTERNAL STAKEHOLDERS IN RISK MANAGEMENT PROCESS Stakeholder Internal / External Stakeholder’s role in risk management process Identified risks Stake in risk management process (What is the outcome if the risk does happen? PEST ANALYSIS P(Political) E (Economic) S(Social) T(Technological) SWOT ANALYSIS S(Strengths) W(Weaknesses) O(Opportunities) T(Threats) RELEVANT LEGISLATIONS / REGULATIONS / STANDARDS METHOD OF RESEARCH Primary research: Secondary research: EMAIL FOR RELEVANT STAKEHOLDERS To: Subject: Message: EMAIL TO THE CEO To: Subject: Message: MEETING WITH THE CEO: DISCUSSION SUMMARY Meeting Date: Meeting Location: ACM a. Critical success factors and goals: b. MacVille risk management process: c. Stakeholders communication plan: d. CEO’s support for ongoing risk management activities: e. CEO’s input on additional risks: 2 BSBRSK501 Manage Risk Student Name: Assessment Task 1 Student ID: Date: Learner Guide BSBRSK501 Manage risk Unit Start Date: 8/04/2019 Assignment Due Date (Deadline): 12/05/2019 Trainer: Binish Nida Afaque Trainer’s Email:
[email protected] 2 BSBRSK501- Manage Risk Version 2.0 March 2017 1. Unit of Competency BSBRSK501 Manage risk 2. Application of unit This unit addresses the management of the risk across the organisation or within a business unit or area. It does not assume any given industry setting. This unit 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. 3. Evidence Requirements Through review of the unit of competency and consultation with relevant industry representatives, the following evidence has been identified as appropriate for assessment in this unit. Element Evidence Establish risk context • Review organisational processes, procedures and requirements for undertaking risk management. • Determine scope for risk management process. • Identify internal and external stakeholders and their issues. • Review political, economic, social, legal, technological and policy context. • Review strengths and weaknesses of existing arrangements. • Document critical success factors, goals or objectives for area included in scope. • Obtain support for risk management activities. • Communicate with relevant parties about the risk management process and invite participation. Identify risks • Invite relevant parties to assist in the identification of risks. • Research risks that may apply to scope. • Use tools and techniques to generate a list of risks that apply to the scope, in consultation with relevant parties. Analyse risks • Assess likelihood of risks occurring. • Assess impact or consequence if risks occur. • Evaluate and prioritise risks for treatment. 3 BSBRSK501- Manage Risk Version 2.0 March 2017 4. Performance evidence The following is the performance evidence required for this unit, as specified in the “Assessment Requirements” document for this unit. Evidence of the ability to: 1. Analyse information from a range of sources to identify the scope and context of the risk management process including: a. stakeholder analysis b. political, economic, social, legal, technological and policy context c. current arrangements d. objectives and critical success factors for the area included in scope e. risks that may apply to scope. 2. Consult and communicate with relevant stakeholders to identify and assess risks, determine appropriate risk treatment actions and priorities and explain the risk management processes. 3. Develop and implement an action plan to treat risks. 4. Monitor and evaluate the action plan and risk management process. 5. Maintain documentation. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once. 5. Knowledge evidence The following is the knowledge evidence required for this unit, as specified in the in the “Assessment Requirements” document for this unit. To complete the unit requirements safely and effectively, the individual must: 1. Outline the purpose and key elements of current risk management standards. 2. Outline the legislative and regulatory context of the organisation in relation to risk management. 3. Outline organisational policies, procedures and processes for risk management. 6. Methods of assessment Through consultation with industry, the following assessment methods have been deemed appropriate for this unit. Case study, written report, role-play Assessment Task 1: Review the case study scenario and provide a written response. Meet with CEO in the simulated workplace to discuss findings. Case study, written report Assessment Task 2: Review the case study scenario and provide a written response and implementation plan. Case study, written report Assessment Task 3: Review the case study scenario and provide a written response. 4 BSBRSK501- Manage Risk Version 2.0 March 2017 7. Plagiarism, collusion and cheating The “Assessment details” section of each assessment task clearly identifies for candidates whether the assessment task is to be completed individually by the candidate, or as a candidate group (with the members of the group to be assigned by the teacher). Individual assessment tasks must be the work of the candidate only. Group assessment tasks must be the work of the candidate group only, working collectively. The assessor should provide candidates with information about the proper working of a candidate group, that is, that the group is required to work together to address the requirements of the assessment task as detailed. The assessor should expect that every member of the team has contributed equally to all aspects of the assessment task. The assessor will use various techniques to verify this, including asking each team member to identify those parts of the written deliverables to which the team member contributed. Each team member should be questioned by the assessor about various aspects of the assessment task, the work which was performed by the team member, and the approach which was taken. Members of the team who are found to have not been actively involved in those aspects of the assessment task requiring the team to work together will be assessed as Not Yet Competent. This assessment submission must be the candidate’s own work or the group’s own work. Candidates and groups are to identify the sources of their information using the reference systems discussed in class. Candidates and candidate groups are not to plagiarise or collude with others in the development of this assessment submission. The assessor should inform candidates that if they are in any doubt about whether they might have plagiarised or colluded, they should refer to the information about plagiarism, collusion and cheating in the candidate handbook. Candidates should be further informed that they can ask their teacher at any time for advice on avoiding plagiarism and collusion. Candidates should be informed of the consequences of plagiarism, collusion or cheating (as documented in the ACM Policies and Procedures Manual and in the candidate handbook. How should I format my assessments? Your assessments should be typed in a 11 or 12 size font for ease of reading. You must include a footer on each page with the student name, unit code and date. Your assessment needs to be submitted as a hardcopy or electronic copy as requested by your trainer. How long should my answers be? The length of your answers will be guided by the description in each assessment, for example: Type of Answer Answer Guidelines Short Answer 4 typed lines = 50 words, or 5 lines of handwritten text Long Answer 8 typed lines = 100 words, or 10 lines of handwritten text = 1 3⁄ of a foolscap page 5 BSBRSK501- Manage Risk Version 2.0 March 2017 Brief Report 500 words = 1 page typed report, or 50 lines of handwritten text = 11 2⁄ foolscap handwritten pages Mid Report 1,000 words = 2 page typed report 100 lines of handwritten text = 3 foolscap handwritten pages Long Report 2,000 words = 4 page typed report 200 lines of handwritten text = 6 foolscap handwritten pages How should I reference the sources of information I use in my assessments? Include a reference list at the end of your work on a separate page. You should reference the sources you have used in your assessments in the Harvard Style. For example: Website Name – Page or Document Name, Retrieved insert the date. Webpage link. For a book: Author surname, author initial Year of publication, Title of book, Publisher, City, State 6 BSBRSK501- Manage Risk Version 2.0 March 2017 Assessment Task One 1. Performance objective