Document title Page 5 of 22 Resource ID STUDENT NAME

Document title page 5 of 22 resource id student name

This preview shows page 5 - 8 out of 22 pages.

Document title: BSBRSK401_AE_Pr_01_20190801 Page 5 of 22 Resource ID: STUDENT NAME:
Image of page 5
Satisfactory. c. Identify the objectives of the work area/activity The objectives of a nightclub is to provide a fun and exciting entertainment venue where people can have a good time with quality meals and beverages. Satisfactory 2. Describe the tools, techniques or methods selected and used to identify risks 1:- Cause and Effect Diagrams. Cause and Effect diagrams are powerful. Clubs can use this simple method to help identify causes and effects that give rise to risks. 2:- Assumption Analysis. The Project Management Body of Knowledge (PMBOK) defines an assumption as "factors that are true, real, or certain without proof or demonstration. 3:- Checklists. See if your company has a list of the most common risks. If not, you may want to create such a list and match it with all the legal issues. Purple are the re written. 4:- SWOT analysis: SWOT analysis allows you to examine the Strengths, Weaknesses, Opportunities and Threats for each control option and the associated control measures. Select the option and control measures that maximise strengths and opportunities and minimises weaknesses and threats. 5:- Brain storming: It allows range of personal knowledge and experience to be brought together to identify risks by planning your brain storming questions like: what are the most significant risks related to this business? Or on a topic. 6:- Interview: Look for candidates who can proactively identify risks by combining and analysing information. Examples from candidates work experiences and their answers help you to evaluate their problem solving and critical thinking skills. Satisfactory. Try to Customise your answer rather than just copy and paste from the information sources you searched. 3. Identify risks ( No less than 4 risks and at least 1 risk for each category ) and use the risk log in Appendix 1 to document the risks you identified. Unsatisfactory. Risks 1, 3 and 4 should be revised. Read detailed comments in Appendix 1 – Risk log Task 2 – Risk analysis and evaluation 4. Identify the criteria you will use to: a. Determine the likelihood rating and score of the risk occurring Likelihood Scale Rating Score Criteria Document title: BSBRSK401_AE_Pr_01_20190801 Page 6 of 22 Resource ID: STUDENT NAME:
Image of page 6
Possible 3 Will only occur in exceptional circumstances Unlikely 2 Not likely to occur within the foreseeable future, or within the project lifecycle Certain 3 Will occur under any circumstance Almost certain 4 Almost certain to occur within the foreseeable future, or within the project lifecycle Unsatisfactory. You cannot have the same rating “ Possible “ twice. Your likelihood rating should be consistent with (same as) the ratings in the Consequence-likelihood matrix (c) b.
Image of page 7
Image of page 8

You've reached the end of your free preview.

Want to read all 22 pages?

  • One '19

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

Stuck? We have tutors online 24/7 who can help you get unstuck.
A+ icon
Ask Expert Tutors You can ask You can ask You can ask (will expire )
Answers in as fast as 15 minutes