BLACKTOWN TAFE

BLACKTOWN TAFE

Student Name		Student Number
Qualification Code	BSB51019 (release 4)	Qualification Name and Release Number	Diploma of Leadership and Management
Unit Code	BSSRSK501 Release 1	Unit Name	Manage Risk

Summary of Assessment Tasks	Task	Satisfactory	Unsatisfactory
Written Assessment Part One Part Two Part Three	☐	☐
	Final Result	Competency Not Achieved	Competency Achieved
	☐ Date:	☐ Date:

Assessor Feedback	Assessor’s Comments: Note: Comments are required.
Print Name: Pamela Estreich Signature:	Date:
Student acknowledgement of assessment outcome	Student Feedback Please sign and date to acknowledge that you have received results and feedback on your assessment. You have the opportunity to provide feedback to your Assessor in the space below.
Student’s Comments: Would you like to make any comments about this assessment?
Signed:	Date:

Assessment Instructions
Type of Assessment	A knowledge test is a series of questions or problems designed to test a specific skill or knowledge.
Instructions for Written Assessment Task	Write your name on each page of this assessment task. You may use your own workplace, or on you are familiar with or the provided case study.
What do I need to do to achieve a satisfactory result?	All questions must be answered correctly to be deemed satisfactory in this assessment task.
Due date/time allowed	Part Two: 18 March 2019 Part Three: 25 March 2019

Assessment Declaration
I understand the purpose of this Assessment Task. I have notified the assessor of any special needs to be considered during the Assessment Task. I have kept a copy of my work – if relevant. I have read and understand the instructions for this assessment and understand the penalties for late submission or non-submission of assessment tasks. I have been advised of the assessment requirements, have been made aware of my rights and responsibilities as an assessment candidate, and choose to be assessed at this time. I declare that this assessment is my own work unless otherwise acknowledged and is in accordance with TAFE NSW Student Discipline Policy.
Name:	Signature:	Date:

What do I need to do to achieve a satisfactory result for group work?

To successfully complete this assessment event, you must: actively participate in the assessment group work; provide a response(s) to the questions; undertake any research activities; display the knowledge and performance evidence of the topic area; and add to the group discussion with relevant workplace examples. attempt all sections of this assessment task

PART TWO – KNOWLEDGE INDIVIDUAL ASSESSMENT ACTIVITY

PART TWO Tasks. Complete the following short answer questions:

What do I need to do to achieve a satisfactory result

To successfully complete this assessment event, you must: Provide a written response to the following questions to a satisfactory outcome.

Benefits (strengths) of risk management

1. List and describe four (4) benefits of risk management for the existing risk management arrangements. Benefit How would you review this strategy
   
   
   
   
   
   
   
   
2. List and describe four (4) weakness of risk management for the existing risk management arrangements. Discuss what strategies you would consider to review these weaknesses.

Weakness of risk management

Weakness	How would you review

PART THREE Tasks – Risk Management Action Plan

Prepare a risk management action plan. In your plan consider:

1. The elements and components of a risk management action plan.
2. Explain the purpose of each of the elements of a risk management action plan. Identify five (5) strategies to implement this action plan.
3. Management of the risks (consider: your knowledge of risk identification, risk assessment, assess the likelihood or risks occurring, assess the impact or consequences of risks occur and then evaluate and prioritise risks for treatment/control.
4. Outline how you would determine and select the most appropriate options for training risks.
5. Outline how you would consult, communicate and invite participation with relevant stakeholders to identify and assess risk, determine appropriate risk treatment actions and priorities and explain the risk management processes.
6. Outline how you would implement the action plan to treat risks.
7. How would you record and maintain this risk management documentation?
8. Outline would you would monitor and evaluate the action and risk management process.

NOTE: ATTACHMENT A contains formats you may like to use to answer these questions

Assessment Task Review

Learner name: ____________________________________________________________________

P Manage Risk	Observation Participate in group work & questioning	Documentation Evidence provided	S/NYS
Performance Evidence of the ability:
Analysis information form a range of sources to identify the scope and context of the risk management process including: stakeholders 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 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 and risk management process
Maintain documentation
Knowledge evidence 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

Observation Notes: A satisfactory observation outcome reflects that the student has participated, displayed the knowledge and performance evidence of topic area and the ability to add to the group discussion with relevant workplace examples. Further, the student actively participated in the assessment group work, questions and research activity undertaken.