Encourage you to keep a specific focus on security

  • No School
  • AA 1
  • 17
  • 75% (4) 3 out of 4 people found this document helpful

This preview shows page 5 - 10 out of 17 pages.

encourage you to keep a specific focus on security from the start of the development process. BSBRSK401_Identify risk and apply risk management processes
Image of page 5
Unit Code & Title BSBRSK401 Identify risk and apply risk management processes Student’s Name: Assessment task 2 Satisfactory Not Yet Satisfactory N/A Is re-assessment necessary? YES NO N/A Assessor’s signature and declaration. Assessor’s Declaration: I hereby certify that the above student has been assessed by me and the assessment was carried out in line with the Principles of Assessment and Rules of Evidence as per the Hannay Accreditation: Training and Assessment Strategies; Policies and Procedures and Assessment Task Instructions. Assessor Signature: ……………………………………………………………………. Assessor Name: ………………………………………………………………………. Date: …………………………………………………………………………………... Student declaration and signature. Student Declaration: No part of this assessment has been copied from another person’s work, except where document or work is listed/referenced. No part of this assessment has been written for me by another person. Student Name: ……………………………………………………………………………... Student Signature: ………………………………… .......................................................... Date: ……………………………………… Trainer/Assessor’s Comments & Feedback: BSBRSK401_Identify risk and apply risk management processes
Image of page 6
Task 2 – Practical: Risk AssessmentAnalyze each of the risks identified in Task 1 to determine how much of a problem they would be if they occurred.In a word document or spreadsheet, reproduce the table following for each of the ten risks that you haveidentified in the previous Assessment Task 1. For each risk identify:oThe cause of the riskoThe potential impact of the riskoHow likely it is to occur.Based on this information categorise the risk using the red, amber, green categories discussed in your Learner Resource.You will submit your document or spreadsheet for assessment below.BSBRSK401_Identify risk and apply risk management processes
Image of page 7
Image of page 8
Risk Consequences Severity Rating Likelihood Rating Treatment/control methods Person responsible Timelines Priority rating Increase in interest rates Can lead to loss of value of bonds issued by a company as the prices of the bonds decrease 3 4 Interest rate swaps Policy and Planning Manager 1 month 12 Land use and property -Loss of contiguity of settlements and communities -Change in land use within and adjacent to the proposed 2 1 Planning and land use evaluation system Policy and Planning Manager 2 months 3 Corporate Governance Risk The risk that insiders (employees) won't act in the best interests of owners (stockholders) and the community 4 4 Performance inefficiency General manager 1 month 16 Compliance Risk The risk that you will fail to comply with laws and regulations.
Image of page 9
Image of page 10

You've reached the end of your free preview.

Want to read all 17 pages?

  • Fall '19

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture