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Elements and Performance Criteria

  1. Determine risks
  2. Monitor and control risk
  3. Assess risk management outcomes

Required Skills

This describes the essential skills and knowledge and their level required for this unit

Required Skills

apply safety legislative and statutory requirements relevant to technical risk management

apply technical risk management knowledge relevant to work being performed

interpret organisational role relevant to technical risk management

operate equipment and systems relevant to technical risk management activities

use appropriate information technology and software

Required Knowledge

appropriate risk management methodologies their capabilities limitations applicability and outcomes

personal attitudes to uncertainty and risk and how they might affect approaches to management of technical risk

place of risk management in the context of the materiel life cycle

technical regulatory framework organisations Engineering Management Plan and Risk Management Plan

technical risk management including application in the technicalengineering context of principles tools techniques standards and processes

uncertainty and the means of its measurement

Evidence Required

The evidence guide provides advice on assessment and must be read in conjunction with the Performance Criteria Required Skills and Knowledge the Range Statement and the Assessment Guidelines for this Training Package

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

Assessment must confirm the ability to

adhere to relevant data collection storage and retrieval requirements

apply knowledge of technical risk management to assist in work and to guide problem solving

identify critical indicators of technical risk and assess the risk management systems performance appropriate to the organisational context by determining monitoring and controlling risks and assessing technical risk management outcomes

work and communicate effectively and positively with others involved in the work

apply within authority the requirements of the job or work role in relation to implementing monitoring and successfully completing risk management activities contributing to reports of results completing work area housekeeping requirements including documenting risk management activity and process outcomes

modify activities to cater for variations in workplace context and environment

Consistency in performance

Competency should be demonstrated over time and should be observed in a range of actual or simulated work contexts

Context of and specific resources for assessment

Context of assessment

Competency should be assessed in the workplace or simulated workplace environment

Specific resources for assessment

Access is required to

computer and relevant software

relevant legislation guidelines procedures and protocols

plans

workplace documentation

Range Statement

The Range Statement relates to the Unit of Competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the Performance Criteria is detailed below.

Technical risks may include:

Actual

Likely/probable

Mention in documents associated with:

design change

Engineering Management Plan

Risk Management Plan

appropriate standards

Potential

Perceived

Delegated technical/engineering authority may be:

Appointed in accordance with the relevant technical regulatory framework and refers to planning and activities that may:

be done independently within broad guidance or by taking the lead of a team

involve consultation with other team members, teams and internal stakeholders

involve the selection, use and supervision of appropriate technical risk management methods, tools and techniques

be conducted routinely or as changing circumstances dictate

Risk management techniques and tools may include:

Calling upon personal experience and/or subject matter experts

Conducting or supervising qualitative and/or quantitative risk analysis, such as schedule simulation, decision analysis, contingency planning and alternative strategy development

Using specialist risk analysis tools to assist in the decision making process

Risk management processes and procedures may include:

Communicating with stakeholders

Dispute resolution and modification procedures

Implementing risk control trigger mechanisms

Measuring actual progress against plans

Recording and reporting major variance

Recommended responses may include:

In consultation with team members, section heads, managers and stakeholders

Independently or with higher authority endorsement if necessary

Regularly throughout the materiel life cycle

Taking into account internal organisational change and external environmental change