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Elements and Performance Criteria

1. Determine risks
   • Identify, document and analyse technical risks as a basis for risk planning, in consultation with relevant stakeholders and higher technical/engineering authorities
   • Use established risk management techniques and tools to analyse risks and assess options, in accordance with delegated technical authority
   • Recommend preferred risk approaches to relevant authority to meet task requirements, in accordance with delegated technical authority and organisational procedures
   • Develop plans, seek stakeholder agreement about plans and communicate plans effectively to ensure clarity of understanding and ongoing management of technical risk factors
   • Determine designated risk management processes and procedures to enable effective management and communication of risk events, responses and results
2. Monitor and control risk
   • Manage activities in accordance with organisational engineering management plan to ensure a common approach to achieving objectives
   • Monitor progress against organisational engineering management plan and risk management plan to identify variances and recommend responses to higher technical authority for remedial action
   • Implement agreed risk responses and modify plans to reflect changing project objectives in changing work contexts and environments
3. Assess risk management outcomes
   • Review outcomes of technical/engineering risk management activities to determine effectiveness of risk management processes and procedures
   • Identify, document and report risk issues and recommend improvements to relevant authorities to inform future applications

Range Statement

Range is restricted to essential operating conditions and any other variables essential to the work environment. Non-essential conditions may be found in the Companion Volume Implementation Guide.

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Performance Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria on at least one occasion and include: adhering to relevant data collection, storage and retrieval requirements applying relevant legislation, regulations and organisational policies and procedures applying technical risk management procedures assessing risk management outcomes determining and assessing technical risks identifying critical indicators of technical risk and assessing the risk management system’s performance appropriate to the organisational context including: determining, monitoring and controlling risks assessing technical risk management outcomes identifying, interpreting and analysing risk assessment requirements relevant to work being performed interpreting organisational role relevant to technical risk management modifying activities to manage variations in workplace context and environment monitoring and controlling relevant risk management operating equipment and systems relevant to technical risk management activities working and communicating effectively with stakeholders and technical authorities.

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Knowledge Evidence

Evidence required to demonstrate competence in this unit must be relevant to and satisfy all of the requirements of the elements and performance criteria and include knowledge of: relevant legislation, regulations and organisational policies and procedures relevant risk management in the context of the materiel life cycle relevant risk management methodologies, their capabilities, limitations, applicability and outcomes technical regulatory framework, organisational engineering management plan and risk management plan technical risk management including application in the technical/engineering context of principles, tools, techniques, standards, and processes.

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