Manage Risk - Summative Asssessment 2.docx - SUMMATIVE...

This preview shows page 1 - 4 out of 14 pages.

SUMMATIVE ASSESSMENT 2 Project 1 Design, develop and document a risk management plan related to: o the reduction of accidents, illness or incidents relating to worker or general public safety o the prevention of operational discontinuity o the need for new or innovative improvement/ changes in processes or procedures (and the associated risks) o environmental impact issues—including resource use and management You might choose another risk area relevant to the organisation for which you work. If you do you will need to describe the organisation and the risk being addressed in terms of industry sector requirements. If you are not working the risk management process might apply to a fictional organisation that you describe in detail. Explain why and how you would initiate and implement the risk management plan and: 1. Establish the context and scope of the plan. 2. Identify the risk/s. 3. Analyse the risks. 4. Select, plan and document risk management treatments. 5. Explain the implementation monitoring and evaluation processes. Format your risk identification, analysis and improvement plan/ proposal (or action plan) in a manner that would be accepted by senior management. Ensure that all risk scenarios are addressed and catered for. Submit: o the plan o research results and tools used in the assessment process and in the plan design o any relevant support information, charts, graphs, statistics etc The plan must clearly describe the risk/s, proposed actions, resource needs, responsible persons, time frames, deadlines, expected outcomes and success metrics. Alternative assessment If you are currently employed in this field, to assist with assessment, and if you can verify that these are entirely your own work, you might submit any of the following:
o written reports on activities that you have undertaken and that are directly associated with risk management o a portfolio of evidence showing a range of risk management strategies that you were instrumental in developing and implementing o assessment of the outcomes relevant to risk treatments that you have managed or overseen o third party workplace reports of on-the-job performance—to show that you can establish the risk context, identify risks, analyse risks, and select and implement treatments o performance review results relevant to participation in and management of risks o notes, electronic data and hard copy information related to presentations you have made informing teams and individuals of risk management processes Your assessor will determine how well this documentation meets the assessment requirements and will ask you a series of verbal questions relating to relevant documentation and legislation. The assessor will document your responses.
A risk is an event or condition that, if it occurs, could have a positive or negative effect on a project's objectives. The purpose of the Risk Management Plan for southwestern University is to establish the framework in which the project team will identify risks and develop strategies to mitigate or avoid those risks. The attached document is a Risk Management Plan of

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture