Assessor Resource

AHCBUS608A
Manage risk

Assessment tool

Version 1.0
Issue Date: April 2024


This unit addresses the management of the risk across the organisation or within a business unit or area. It does not assume any given industry setting.

This unit covers the performance outcomes, skills and knowledge required to manage risks in a range of contexts across the organisation or for a specific business unit or area. The unit has been designed to be consistent with AS/NZS 4360:2004 Risk management. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.

You may want to include more information here about the target group and the purpose of the assessments (eg formative, summative, recognition)

Employability Skills

This unit contains employability skills.



Evidence Required

List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.

The evidence guide provides advice on assessment and must be read in conjunction with the performance criteria, required skills and knowledge, range statement and the Assessment Guidelines for the Training Package.

Overview of assessment

Critical aspects for assessment and evidence required to demonstrate competency in this unit

The evidence required to demonstrate competency in this unit must be relevant to workplace operations and satisfy holistically all of the requirements of the performance criteria and required skills and knowledge and include achievement of the following:

risk management plan which includes a detailed stakeholder analysis, explanation of the risk context, critical success factors, identified and analysed risks, and treatments for prioritised risks

details of monitoring arrangements for risk management plan and an evaluation of the risk management plan's efficacy in treating risks

knowledge of relevant legislation, codes of practice and national standards.

Context of and specific resources for assessment

Competency requires the application of work practices under work conditions. Selection and use of resources for some worksites may differ due to the regional or enterprise circumstances.

Submission Requirements

List each assessment task's title, type (eg project, observation/demonstration, essay, assingnment, checklist) and due date here

Assessment task 1: [title]      Due date:

(add new lines for each of the assessment tasks)

Assessment Tasks

Copy and paste from the following data to produce each assessment task. Write these in plain English and spell out how, when and where the task is to be carried out, under what conditions, and what resources are needed. Include guidelines about how well the candidate has to perform a task for it to be judged satisfactory.

Required skills

communication and literacy skills to consult and negotiate, to prepare communications about risk management, and to encourage stakeholder involvement

organisational and management skills to plan and implement risk management processes

problem-solving and innovation skills to find practical ways to manage identified risks

use literacy skills to fulfil job roles as required by the organisation. The level of skill may range from reading and understanding documentation to completion of written reports

use numeracy skills to estimate, calculate and record complex workplace measures

use interpersonal skills to work with others and relate to people from a range of cultural, social and religious backgrounds and with a range of physical and mental abilities.

Required knowledge

AS/NZS 4360:2004 Risk management.

legislation, codes of practice and national standards, for example:

duty of care

company law

contract law

environmental law

freedom of information

industrial relations law

privacy and confidentiality

legislation relevant to organisation's operations

legislation relevant to operation as a business entity

organisational policies and procedures, including:

risk management strategy

policies and procedures for risk management

overall operations of organisation

reasonable adjustment in the workplace for people with a disability

types of available insurance and insurance providers.

The range statement relates to the unit of competency as a whole.

Risks may include those relating to:

commercial relationships

economic circumstances and scenarios

human behaviour

individual activities

legislation

management activities and controls

natural events

political circumstances

technology.

Scope may apply to:

given project

specific business unit or area

specific functional such as:

financial management

Occupational Health and Safety (OHS) governance

external environment

internal environment

whole organisation.

Copy and paste from the following performance criteria to create an observation checklist for each task. When you have finished writing your assessment tool every one of these must have been addressed, preferably several times in a variety of contexts. To ensure this occurs download the assessment matrix for the unit; enter each assessment task as a column header and place check marks against each performance criteria that task addresses.

Observation Checklist

Tasks to be observed according to workplace/college/TAFE policy and procedures, relevant legislation and Codes of Practice Yes No Comments/feedback
Review organisational processes, procedures and requirements for undertaking risk management. 
Determine scope for risk management process. 
Identify internal and external stakeholders and their issues. 
Review political, economic, social, legal, technological and policy context. 
Review strengths and weaknesses of existing arrangements 
Document critical success factors, goals or objectives for area included in scope. 
Obtain support for risk management activities. 
Communicate with relevant parties about the risk management process and invite participation. 
Invite relevant parties to assist in the identification of risks. 
Research risks that may apply to scope. 
Use tools and techniques to generate a list of risks that apply to the scope, in consultation with relevant parties. 
Assess likelihood of risks occurring. 
Assess impact or consequence if risks occur. 
Evaluate and prioritise risks for treatment. 
Determine and select most appropriate options for treating risks. 
Develop an action plan for implementing risk treatment. 
Communicate risk management processes to relevant parties. 
Ensure all documentation is in order and appropriately stored. 
Implement and monitor action plan. 
Evaluate risk management process. 

Forms

Assessment Cover Sheet

AHCBUS608A - Manage risk
Assessment task 1: [title]

Student name:

Student ID:

I declare that the assessment tasks submitted for this unit are my own work.

Student signature:

Result: Competent Not yet competent

Feedback to student

 

 

 

 

 

 

 

 

Assessor name:

Signature:

Date:

Assessment Record Sheet

AHCBUS608A - Manage risk

Student name:

Student ID:

Assessment task 1: [title] Result: Competent Not yet competent

(add lines for each task)

Feedback to student:

 

 

 

 

 

 

 

 

Overall assessment result: Competent Not yet competent

Assessor name:

Signature:

Date:

Student signature:

Date: