80%(5)4 out of 5 people found this document helpful
This preview shows page 1 - 4 out of 14 pages.
SUMMATIVE ASSESSMENT 2Project 1Design, develop and document a risk management plan related to:othe reduction of accidents, illness or incidents relating to worker or general public safetyothe prevention of operational discontinuityothe need for new or innovative improvement/ changes in processes or procedures (and the associated risks)oenvironmental impact issues—including resource use and managementYou 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 amanner that would be accepted by senior management. Ensure that all risk scenarios are addressed and catered for.Submit:othe planoresearch results and tools used in the assessment process and in the plan designoany relevant support information, charts, graphs, statistics etcThe plan must clearly describe the risk/s, proposed actions, resource needs, responsible persons, time frames, deadlines, expected outcomes and success metrics.Alternative assessmentIf 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:
owritten reports on activities that you have undertaken and that are directly associated with risk managementoa portfolio of evidence showing a range of risk management strategies that you were instrumental in developing and implementingoassessment of the outcomes relevant to risk treatments that you have managed or overseenothird 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 treatmentsoperformance review results relevant to participation in and management of risksonotes, electronic data and hard copy information related to presentations you have made informing teams and individuals of risk management processesYour 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