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.
Elements describe the essential outcomes. | Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions. |
1. | Identify risks and opportunities in relation to assets and business systems. | 1.1. | Client and organisational assets and business systems to be analysed for risk and opportunities are identified. |
| 1.2. | Potential risks to and opportunities for clients and organisation are identified and confirmed with relevant people in line with organisational requirements. |
| 1.3. | Relevant legislative requirements, insurance, codes and standards applicable to use of assets and business systems are identified and examined to identify potential risks and opportunities. |
| | 1.4. | Limitations in identifying risks and opportunities are identified and specialist advice is sought as required. |
| | 1.5. | Gaps or breaches in established risk management practices are identified and reported. |
2. | Document and report identified risks and opportunities. | 2.1. | Identified risks and opportunities supported by verifiable evidence are documented in a clear and concise manner and suitable format. |
| 2.2. | Feedback is actively sought to ensure sufficiency and relevance of information in meeting client and organisational requirements. |
| | 2.3. | Information is securely maintained according to legislative and organisational requirements. |
A person demonstrating competency in this unit must satisfy all of the elements, performance criteria, foundation skills and range of conditions of this unit.
The person must also identify and document routine risks and opportunities relating to two different assets and two different business systems in a property-related organisation.
In doing the above, the person must:
identify a range of potential risks and opportunities in key assets and business systems in the above organisation
identify and report gaps or breaches in established risk management practices
prepare risk and opportunity findings in a format suitable for presentation and review, using standardised styles and formats.
A person demonstrating competency in this unit must demonstrate knowledge of:
client and organisational confidentiality requirements
insurance policies, codes and operations relating to insurance requirements for assets and business systems
limitations of own work role, responsibilities and professional abilities in relation to identifying risks and opportunities in the property industry
mechanisms to obtain and analyse feedback
methods to identify and prioritise a range of risks and opportunities
risk management practices in the property industry
types of assets and business systems in organisations in the property industry.
The following must be present and available to learners during assessment activities:
equipment:
computer system with internet, email and printing facilities
specifications:
organisational risk management policies and procedures
organisational procedures relating to asset and business system use
relationship with team members and supervisor:
member of a work team in a property industry context.
Assessor requirements
As a minimum, assessors must satisfy the assessor requirements in the Standards for Registered Training Organisations (RTOs) current at the time of assessment.