Answer To: Student Assessment Tasks BSBRSK501 Manage risk Table of Contents Table of Contents2 Assessment...
Anurag answered on Feb 14 2022
Student Assessment Tasks
BSBRSK501 Manage risk
Table of Contents
Table of Contents 2
Assessment Information 3
Assessment Instructions 5
Student Assessment Agreement 6
Assessment Task 1 Cover Sheet 7
Assessment Task 1: Written Questions 8
Assessment Task 1 Instructions 10
Assessment Task 1 Checklist 11
Assessment Task 2 Cover Sheet 12
Assessment Task 2: Risk management project 13
Assessment Task 2 Instructions 14
Assessment Task 2 Checklist 18
Assessment Task 3 Cover Sheet 20
Assessment Task 3: Risk implementation project 21
Assessment Task 3 Instructions 22
Assessment Task 3 Checklist 25
Assessment Task 4 Cover Sheet 26
Assessment Task 4: Risk management process evaluation report 27
Assessment Task 4 Instructions 28
Assessment Information
The assessment tasks for BSBRSK501 Manage risk are included in this Student Assessment Tasks booklet and outlined in the assessment plan below.
To be assessed as competent for this unit, the student must complete all of the assessment tasks satisfactorily.
Assessment Plan
Assessment Task
Overview
1. Written questions
Students must correctly answer all questions.
2. Risk management project
Students must prepare an initial report about risk associated with business expansion for a case study organisation, participate in a roleplay meeting with team members to brainstorm risks, and develop a risk management plan the case study organisation.
3. Risk management implementation project
Students must implement and monitor risk treatments for risks identified.
4. Risk management process evaluation report
Students must evaluate the risk management process.
Assessment Preparation
Please read through this assessment thoroughly before beginning any tasks. Ask your assessor for clarification if you have any questions at all.
When you have read and understood this unit’s assessment tasks, print out the Student Assessment Agreement. Fill it out, sign it, and hand it to your assessor, who will countersign it and then keep it on file.
Keep a copy of all of your work, as the work submitted to your assessor will not be returned to you.
Assessment appeals
If you do not agree with an assessment decision, you can make an assessment appeal as per your Alpha Institute assessment appeals process.
Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.
Additional Resources
The following resources have been added in appendix .
Assessment Task 2
· Risk Management Policy and Procedures
· Risk Management Report Template
· Risk Management Plan Template
Assessment Task 3
· Training Survey Results
Assessment Task 4
· Risk Management Policy and Procedures
Naming electronic documents
Students are instructed to name their documents logically so they are easy their assessor to file.
Each should include:
course identification code
assessment task number
activity number
document title (if appropriate)
your own name
the date it was submitted
For example, BSBRSK01 AT2 Risk Management Plan Joan Smith 20/04/17
These are to be filed on sub-folders named after the Assessment Task number, and all in a folder that is given a name that includes the unit code and the student’s name.
Assessment Instructions
Each assessment task in this booklet consists of the following:
Assessment Task Cover Sheet
This must be filled out, signed and submitted together with your assessment responses.
If you are submitting hardcopy, the Cover Sheet should be the first page of each Assessment submission.
If you are submitting electronically, print out the cover sheet, fill it out and sign it, then scan this and submit the file.
The Assessment Cover Sheet will be returned to you with the outcome of the assessment, which will be satisfactory (S) or unsatisfactory (U). If your work has been assessed as being not satisfactory, your assessor will include written feedback in the Assessment Task Cover Sheet giving reasons why. Your assessor will also discuss this verbally with you and provide advice on re-assessment opportunities as per
your Alpha Institute re-assessment policy.
Depending on the task, this may include
resubmitting incorrect answers to questions (such as short answer questions and case studies)
resubmitting part or all of a project, depending on how the error impacts on the total outcome of the task
redoing a role play after being provided with appropriate feedback about your performance
being observed a second (or third time) undertaking any tasks/activities that were not satisfactorily completed the first time, after being provided with appropriate feedback.
Assessment Task Information
This gives you:
a summary of the assessment task
information on the resources to be used
submission requirements
re-submission opportunities if required
Assessment Task Instructions
These give questions to answer or tasks which are to be completed.
Your answers need to be typed up using software as indicated in the Assessment Task Instructions.
Copy and paste each task’s instructions into a new document and use this as the basis for your assessment task submission. Include this document’s header and footer.
If you are submitting electronically, give the document a file name that includes the unit identification number, the task number, your name and the date.
Checklist
This will be used by your assessor to mark your assessment. Read through this as part of your preparation before beginning the assessment task. It will give you a good idea of what your assessor will be looking for when marking your responses.
Student Assessment Agreement
Make sure you read through the assessments in this booklet before you fill out and sign the agreement below.
If there is anything that you are unsure of, consult your assessor prior to signing this agreement.
Have you read the assessment requirements for this unit? Yes No
Do you understand the requirements of the assessments for this unit? Yes No
Do you agree to the way in which you are being assessed? Yes No
Do you have any specific needs that should be considered? Yes No
If so, explain these in the space below.
Do you understand your rights to re-assessment? Yes No
Do you understand your right to appeal the decisions made in an assessment? Yes No
Student name
Student number
Student signature
Date
Qualification Code and Name
Unit Code and Name
Assessor name
Assessor signature
Date
Assessment Task 1 Cover Sheet
Student Declaration
To be filled out and submitted with assessment responses
I declare that this task is all my own work and I have not cheated or plagiarised the work or colluded with any other student(s).
I understand that if I If I am found to have plagiarised, cheated or colluded, action will be taken against me according to the process explained to me.
I have correctly referenced all resources and reference texts throughout these assessment tasks.
Student name
Student ID number
Student signature
Date
Assessor declaration
I hereby certify that this student has been assessed by me and that the assessment has been carried out according to the required assessment procedures.
Assessor name
Assessor signature
Date
Assessment outcome
S
NS
DNS
Resubmission Y N
Feedback
Student result response
My performance in this assessment task has been discussed and explained to me.
I would like to appeal this assessment decision.
Student signature
Date
A copy of this page must be supplied to the office and kept in the student’s file with the evidence.
Assessment Task 1: Written Questions
Task summary
You need to answer all of the written questions correctly.
Your answers must be word processed.
Required
· Access to learning materials
· Computer and Microsoft Office
· Access to the internet
Timing
Your assessor will advise you of the due date of this submission.
Submit
· Answers to all questions
Assessment criteria
· All questions must be answered correctly in order for a student to be assessed as having completed the task satisfactorily.
Re-submission opportunities
Students will be provided feedback on their performance by their Assessor. The feedback will indicate if you have satisfactorily addressed the requirements of each part of this task.
If any parts of the task are not satisfactorily completed your assessor will explain why and provide you written feedback along with guidance on what you must undertake to demonstrate satisfactory performance. Re-assessment attempt(s) will be arranged at a later time and date.
Students have the right to appeal the outcome of assessment decisions if they feel they have been dealt with unfairly or have other appropriate grounds for an appeal.
Students are encouraged to consult with their assessor prior to attempting this task if they do not understand any part of this task or if they have any learning issues or needs that may hinder them when attempting any part of the assessment.
Written answer question guidance
The following written questions use a range of “instructional words” such as “identify” or “explain”, which tell you how you should answer the question. Use the definitions below to assist you to provide the type of response expected.
Note that the following guidance is the minimum level of response required.
Analyse – when a question asks you to analyse something, you should do so in in detail, and identify important points and key features. Generally, you are expected to write a response one or two paragraphs long.
Compare – when a question asks you to compare something, you will need to show how two or more things are similar, ensuring that you also indicate the relevance of the consequences. Generally, you are expected to write a response one or two paragraphs long.
Contrast – when a question asks you to contrast something, you will need to show how two or more things are different, ensuring you indicate the relevance or the consequences. Generally, you are expected to write a response one or two paragraphs long.
Discuss – when a question asks you to discuss something, you are required to point out important issues or features, and express some form of critical judgement. Generally, you are expected to write a response one or two paragraphs long.
Describe – when a question asks you to describe something, you should state the most noticeable qualities or features. Generally, you are expected to write a response two or three sentences long.
Evaluate – when a question asks you to evaluate something, you should do so putting forward arguments for and against something. Generally, you are expected to write a response one or two paragraphs long.
Examine – when a question asks you to examine something, this is similar to “analyse”, where you should provide a detailed response with key points and features and provide critical analysis. Generally, you are expected to write a response one or two paragraphs long.
Explain – when a question asks you to explain something, you should make clear how or why something happened or the way it is. Generally, you are expected to write a response two or three sentences long.
Identify – when a question asks you to identify something, this means that you are asked to briefly describe the required information. Generally, you are expected to write a response two or three sentences long.
List – when a question asks you to list something, this means that you are asked to briefly state information in a list format.
Outline – when a question asks you to outline something, this means giving only the main points, Generally, you are expected to write a response a few sentences long.
Summarise – when a question asks you to summarise something, this means (like “outline”) only giving the main points. Generally, you are expected to write a response a few sentences long.
Assessment Task 1 Instructions
Provide answers to all of the questions below:
1. Outline the key purpose of risk management standards. Include an example of a risk management standard in your answer.
The goal of risk management is to detect prospective issues before they happen so that risk-handling operations may be planned and managed before they have a negative impact on the company. The capacity to handle risk will enable businesses to make more confident business decisions in the future. A ski resort operator, for example, can reduce seasonal risk by investing in summertime sports and leisure amenities like a water park (seasonal risk).
2. Outline the AS/NZS ISO 31000: 2009 Risk Management Principles and Guidelines and each of the 11 principles.
The eleven principles are the following:
1) Creates and protects value: The constant examination of an agency's procedures and systems leads to the attainment of its objectives via good risk management.
2) Be an integral part of organisational processes: At both the operational and strategic levels, risk management must be integrated into an agency's governance framework and become a part of its planning processes.
3) Be part of decision making: Risk management helps decision-makers make educated decisions, identify priorities, and choose the best course of action.
4) Explicitly address uncertainty: Agencies can apply controls and remedies to maximise the possibility of benefit while minimising the chance of loss by recognising possible hazards.
5) Be systematic, structured and timely: To promote efficiency, consistency, and dependability of outputs, the risk management approach should be consistent across an agency.
6) Based on the best available information: To properly manage risk, it is necessary to comprehend and assess all relevant information about an action, as well as to be aware that such knowledge may have limits. The next step is to figure out how all of this data affects the risk management process.
7) Be tailored: The risk management framework for an agency should cover its risk profile as well as its internal and external operational environments.
8) Take into account human and cultural factors: Risk management requires to appreciate the role that people and culture have on attaining an agency’s objectives.
9) Be transparent and inclusive: Including internal and external stakeholders in the risk management process recognises the importance of communication and consultation in detecting, analysing, and monitoring risk.
10) Be dynamic, iterative and responsive to change: The risk management process must be adaptable. Because of the difficult climate we work in, agencies must consider the context when managing risk, as well as continue to identify new risks as they develop and make adjustments for those that no longer exist.
11) Facilitate the continual improvement of organisations: Companies with a mature risk management culture have spent resources over time and can demonstrate that their objectives are being met on a consistent basis.
3. Outline the requirement under WHS legislation to manage risks.
The Work Health and Safety (WHS) Act and Regulations require individuals with a duty to guarantee health and safety to manage risks by minimizing health and safety hazards as much as is reasonably practicable, and if that is not possible, minimising such risks as much as is reasonable.
4. Outline the factors that must be taken into account in determining risk control measures for hazardous manual tasks as stated in the model Work Health and Safety Regulations 2011.
The factors that must be taken into account are the following:
· Work area design and layout
· Systems of work and work organisation
· Loads, tools, machinery and equipment
· Workplace environment
· Repetitive or sustained application of force
· Repetitive or sustained awkward posture
· Repetitive or sustained movement
· Application of high force
· Exposure to sustained vibration
· Manually handling a person or an animal
· Manually handling unstable or unbalanced loads or loads that are difficult to grasp or hold.
5. Outline the purpose of risk management policies and procedures in the workplace.
This policy is designed to offer a framework for risk management, as well as raise general risk awareness throughout the council and assist executives and those accountable for risk reporting to better identify, analyse, and control risks in their areas.
6. List three examples of the impact of risks for a workplace if risks are not identified or actioned.
· Poor Housekeeping: Incidents are usually caused by poor housekeeping habits. If paper, litter, clutter, and spills are considered typical, then other, more significant threats may be overlooked. Cleaning is not the only aspect of housekeeping. It includes keeping work places clean and organised, keeping hallways and floors free of tripping hazards, and eliminating waste products (such as paper and cardboard) and other fire dangers from work locations.
· Chemical Hazard: Toxic chemicals are compounds that can cause poisoning, respiratory issues, skin rashes, allergic responses, allergic sensitisation, cancer, and other health issues if they are exposed. Paint, drugs, and detergents are only a few examples.
· Electrical Hazard: According to OSHA, electrocution is among the most prevalent risks on construction sites. Electrical hazards may be identified, which can assist improve understanding of the dangers, their severity and how they can injure employees.
7. Outline step by step procedures that companies can use for analysing risks.
· Step 1: Identify the hazards, i.e., anything that might cause harm.
· Step 2: Decide who might be harmed, and how.
· Step 3: Assess the risks and take some action.
· Step 4: Make a record of what is found.
· Step 5: Review the risk assessment.
8. Outline three sources of information that a company could use to gather information on potential risks.
· Financial risks
· Legal risks
· Human resource risks.
9. Outline three examples of tools or techniques that a company could use to identify risks as part of a risk assessment process.
· Brainstorming: Brainstorming is done with a group of people who focus on...