Your trainer or assessor may require you to complete this assessment activity and will provide you with instructions as to how to present your responses. They may adjust the assessment activity depending on the circumstances of your training program. The following activity forms part of your assessment of competence. You may also be required to demonstrate your skills and/or provide various workplace documents or third-party reports. Your trainer will give you guidance in this area. Part A 1. Define risk management. Explain how the seven steps of the risk management process as outlined in the international Standard for risk management (AS/NZS 13000:2009) might apply in your job role. 2. Describe how your workplace or one with which you are familiar applies the following: a) Duty of care b) Environmental law c) Privacy and confidentiality d) Access and equity to risk management processes and resources for people with a disability 3. Why is it important to gain support for risk management activities? Explain how you might approach this in your organisation. 4. Why is it important to communicate risk management processes? Prepare a template for a communications plan that could be used in your workplace. 5. Why is it important to measure the success of risk management processes? Give examples of both quantitative and qualitative measures that exist in your workplace. 6. Explain how you might involve the following individuals in the risk management and list the contributions they might be expected to make: a) Company accountant b) Marketing manager c) External security agency d) Occupational health and safety representative e) Your manager f) Your team g) Legal counsel h) Union representatives Crown Institute of Business and Technology Pty Ltd ABN 86 116 018 412 National Provider No: 91371 CRICOS Provider Code: 02870D North Sydney Campus: 116 Pacific Highway North Sydney NSW 2060 P 02 9955 0488 F 02 9955 3888 Sydney CBD Campus: Level 5, 303 Pitt St Sydney NSW 2000 P 02 8959 6340 F 02 9955 3888 BSBRSK501 Assessment Task 1- Assignment v1.0 Page 2 of 3 i) Insurer 7. Why is it important to prioritise risks? Describe the steps you might follow when prioritising risks. Part B 1. Choose an example from your experience of a project or activity that was not successful, and use it to answer the following questions. a) How might following a risk management process have improved the outcome? b) Outline an appropriate scope for a risk management process for this project or activity. c) Write an appropriate goal or goals for this risk management process. d) Describe the risk treatment options that could have been implemented to improve the outcome of this project or activity. e) Explain how these risk treatment options could be monitored after implementation. 2. Use your workplace or one with which you are familiar to answer the following questions. a) List four different categories of risk present in your workplace. b) Outline the current control treatments for these risks. c) Describe how the current control treatments may be improved. d) Describe how you might approach implementing these improvements. 3. Imagine you are conducting a risk assessment for allowing a community choir to rehearse on Thursday evenings at a neighbourhood house. a) Who might the stakeholders be in this risk assessment? b) How would you prioritise the stakeholders? Give reasons for your decision. c) How might you research the relevant risks? d) Use a fishbone diagram to create a list of potential risks. e) What kinds of insurance might be appropriate? Why do you think so? Part C Read the case study, and then answer the questions that follow. Case study Smart Styles are a hairdressing salon. They are currently open from Tuesday to Saturday, with extended hours on Thursday nights. Weekdays are often quiet but Thursday night and Saturday are always fully booked. The manager is considering offering Friday night or Sunday appointments but is concerned this will further reduce weekday bookings. 1. How might following a risk management process help the manager decide about the opening hours? Crown Institute of Business and Technology Pty Ltd ABN 86 116 018 412 National Provider No: 91371 CRICOS Provider Code: 02870D North Sydney Campus: 116 Pacific Highway North Sydney NSW 2060 P 02 9955 0488 F 02 9955 3888 Sydney CBD Campus: Level 5, 303 Pitt St Sydney NSW 2000 P 02 8959 6340 F 02 9955 3888 BSBRSK501 Assessment Task 1- Assignment v1.0 Page 3 of 3 2. What should be considered as part of researching the context for this risk management process? 3. Define a scope for the risk management process. 4. Create a list of risks associated with extending the salon hours. a) Describe the technique you used to identify these risks. b) Explain how other staff members were included in the risk identification process and why. c) Evaluate each of these risks, including the impact of the risk, the likelihood, and the overall risk level. d) Identify appropriate treatment options for each risk. e) Describe your reasons for choosing these treatment options. 5. Write a report for the salon owner which includes: a) a description of the risk management process b) an implementation plan for the risk treatment options, including an assessment of resources required, proposed timelines, and monitoring methods c) a communication plan for the risk management process.