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BSBRSK501 - Mapping 2015 Manage Risk

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Muna Haider

This document maps the elements and performance criteria of the BSBRSK501 Manage Risk unit of competency to the assessment tools. It shows: 1. The elements and performance criteria are mapped to multiple choice questions (MCQs) and assessments that test student knowledge of each item. 2. The skills covered in reading, writing, oral communication and numeracy are mapped to the assessments and MCQs. 3. Performance evidence and knowledge evidence required to demonstrate competency are outlined, along with conditions for assessment, which require access to legislation, workplace documents and case studies.

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BSBRSK501 Manage risk ASSESSMENT TOOL MAPPING DOCUMENT Elements / Performance Criteria Location Element 1 Establish risk context 1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards Assessment 1 MCQ 8, 1.2 Determine scope for risk management process MCQ 7, 8, 10, 17, 18 1.3 Identify internal and external stakeholders and their issues MCQ 10 1.4 Review political, economic, social, legal, technological and policy context MCQ 7, 1.5 Review strengths and weaknesses of existing arrangements MCQ 9, 1.6 Document critical success factors, goals or objectives for area included in scope MCQ 8, 28, 30 1.7 Obtain support for risk management activities MCQ 10 1.8 Communicate with relevant parties about the risk management process and invite participation MCQ 9, 27, 29 Element 2. Identify risks 2.1 Invite relevant parties to assist in the identification of risks Assessment 2 MCQ 8, 9, 17, 18, 27, 29 2.2 Research risks that may apply to scope MCQ 8, 17 2.3 Use tools and techniques to generate a list of risks that apply to the scope, in consultation with relevant parties MCQ18 Element 3. Analyse risks 3.1 Assess likelihood of risks occurring Assessment 2 MCQ 20 3.2 Assess impact or consequence if risks occur MCQ 19, 20 3.3 Evaluate and prioritise risks for treatment MCQ 19, 20 Element 4. Select and implement treatments 4.1 Determine and select most appropriate options for treating risks Assessment 3 MCQ 30 4.2 Develop an action plan for implementing risk treatment MCQ 29 4.3 Communicate risk management processes to relevant parties MCQ 9, 27, 29 4.4 Ensure all documentation is in order and appropriately stored MCQ 28, 30 4.5 Implement and monitor action plan MCQ 27,28 4.6 Evaluate risk management process MCQ 19, 29, 30 Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 1
BSBRSK501 Manage risk Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 2
BSBRSK501 Manage risk Skill Performance Criteria Location Reading 1.1, 1.4, 1.5, 2.2 Assessment 1, 2, 3 All MCQs Writing 1.6, 1.8, 2.1, 2.3, 4.3 Assessment 1, 2, 3 All MCQs Oral Communication 1.8, 2.1, 2.3, 4.3 Class participation Assessments Discussions Numeracy 2.2 MCQ 17 Navigate the world of work 1.1, 2.1, 4.3 All Assessments MCQ 7, 8, 10, 17, 18 27, 29 Interact with others 1.8, 2.1, 2.3, 4.3 All Assessments MCQ 9, 17, 18, 27, 29 Get the work done 1.2, 1.3, 1.5, 1.7, 2.1, 2.2, 2.3, 3.1, 3.2, 3.3, 4.1, 4.2, 4.4, 4.5, 4.6 All Assessments MCQ 7, 8, 10, 9, 17, 18, 20, 19, 29, 28, 30, 27, Performance Evidence Knowledge Evidence Assessment Conditions Location Evidence of the ability to: analyse information from a range of sources to identify the scope and context of the risk management process including: stakeholder analysis political, economic, social, legal, technological and policy context current arrangements objectives and critical success factors for the area included in scope risks that may apply to scope consult and communicate with relevant stakeholders to identify and assess risks, To complete the unit requirements safely and effectively, the individual must: 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 outline organisational policies, procedures and processes for risk management. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the regulation, licensing and risk - risk management field of work and include access to: relevant legislation, regulations, standards and codes relevant workplace documentation and resources case studies and, where possible, real situations interaction with others. All Assessme nts MCQs Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 3
BSBRSK501 Manage risk 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 maintain documentation. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once. Assessors must satisfy NVR/AQTF assessor requirements. Links Companion volumes available from the IBSA website: http://www.ibsa.org.a u/companion_volum es - http://www.ibsa.org.a u/companion_volum es Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 4

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BSBRSK501 - Mapping 2015 Manage Risk

  • 1. BSBRSK501 Manage risk ASSESSMENT TOOL MAPPING DOCUMENT Elements / Performance Criteria Location Element 1 Establish risk context 1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards Assessment 1 MCQ 8, 1.2 Determine scope for risk management process MCQ 7, 8, 10, 17, 18 1.3 Identify internal and external stakeholders and their issues MCQ 10 1.4 Review political, economic, social, legal, technological and policy context MCQ 7, 1.5 Review strengths and weaknesses of existing arrangements MCQ 9, 1.6 Document critical success factors, goals or objectives for area included in scope MCQ 8, 28, 30 1.7 Obtain support for risk management activities MCQ 10 1.8 Communicate with relevant parties about the risk management process and invite participation MCQ 9, 27, 29 Element 2. Identify risks 2.1 Invite relevant parties to assist in the identification of risks Assessment 2 MCQ 8, 9, 17, 18, 27, 29 2.2 Research risks that may apply to scope MCQ 8, 17 2.3 Use tools and techniques to generate a list of risks that apply to the scope, in consultation with relevant parties MCQ18 Element 3. Analyse risks 3.1 Assess likelihood of risks occurring Assessment 2 MCQ 20 3.2 Assess impact or consequence if risks occur MCQ 19, 20 3.3 Evaluate and prioritise risks for treatment MCQ 19, 20 Element 4. Select and implement treatments 4.1 Determine and select most appropriate options for treating risks Assessment 3 MCQ 30 4.2 Develop an action plan for implementing risk treatment MCQ 29 4.3 Communicate risk management processes to relevant parties MCQ 9, 27, 29 4.4 Ensure all documentation is in order and appropriately stored MCQ 28, 30 4.5 Implement and monitor action plan MCQ 27,28 4.6 Evaluate risk management process MCQ 19, 29, 30 Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 1
  • 2. BSBRSK501 Manage risk Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 2
  • 3. BSBRSK501 Manage risk Skill Performance Criteria Location Reading 1.1, 1.4, 1.5, 2.2 Assessment 1, 2, 3 All MCQs Writing 1.6, 1.8, 2.1, 2.3, 4.3 Assessment 1, 2, 3 All MCQs Oral Communication 1.8, 2.1, 2.3, 4.3 Class participation Assessments Discussions Numeracy 2.2 MCQ 17 Navigate the world of work 1.1, 2.1, 4.3 All Assessments MCQ 7, 8, 10, 17, 18 27, 29 Interact with others 1.8, 2.1, 2.3, 4.3 All Assessments MCQ 9, 17, 18, 27, 29 Get the work done 1.2, 1.3, 1.5, 1.7, 2.1, 2.2, 2.3, 3.1, 3.2, 3.3, 4.1, 4.2, 4.4, 4.5, 4.6 All Assessments MCQ 7, 8, 10, 9, 17, 18, 20, 19, 29, 28, 30, 27, Performance Evidence Knowledge Evidence Assessment Conditions Location Evidence of the ability to: analyse information from a range of sources to identify the scope and context of the risk management process including: stakeholder analysis political, economic, social, legal, technological and policy context current arrangements objectives and critical success factors for the area included in scope risks that may apply to scope consult and communicate with relevant stakeholders to identify and assess risks, To complete the unit requirements safely and effectively, the individual must: 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 outline organisational policies, procedures and processes for risk management. Assessment must be conducted in a safe environment where evidence gathered demonstrates consistent performance of typical activities experienced in the regulation, licensing and risk - risk management field of work and include access to: relevant legislation, regulations, standards and codes relevant workplace documentation and resources case studies and, where possible, real situations interaction with others. All Assessme nts MCQs Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 3
  • 4. BSBRSK501 Manage risk 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 maintain documentation. Note: If a specific volume or frequency is not stated, then evidence must be provided at least once. Assessors must satisfy NVR/AQTF assessor requirements. Links Companion volumes available from the IBSA website: http://www.ibsa.org.a u/companion_volum es - http://www.ibsa.org.a u/companion_volum es Technical Education Australia Mapping Version Date: April 2015 Trainer Muna Page | 4