Google Links

Follow the links below to find material targeted to the unit's elements, performance criteria, required skills and knowledge

Elements and Performance Criteria

  1. Identify project risks
  2. Treat project risks
  3. Monitor project risks

Required Skills

Required skills

analytical skills to identify risks risk mitigations and contingency plans

communication skills to

negotiate and communicate plans and identified risks and mitigations to stakeholders

run project risk workshops and presentations

initiative and enterprise skills to prioritise and manage stakeholder expectations

literacy skills to

develop risk management plans

write recommendations and reports

Required knowledge

methods and techniques of risk management

organisational policies relating to risk and organisational risk appetite

processes and techniques of business analysis

project management and systems development techniques as well as potential risks associated with these activities

Evidence Required

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

Evidence of the ability to

identify and implement appropriate riskmanagement processes within a complex IT project

Context of and specific resources for assessment

Assessment must ensure access to

appropriate learning and assessment support when required

modified equipment for people with special needs

appropriate simulated or real organisation to implement an IT project

facilities suitable for holding risk management related workshops

Method of assessment

A range of assessment methods should be used to assess practical skills and knowledge The following examples are appropriate for this unit

direct observation of the candidate carrying out project work

verbal or written questioning to assess required knowledge and skills

review of reports plans and documents

review of a portfolio of the project work undertaken

Guidance information for assessment

Holistic assessment with other units relevant to the industry sector workplace and job role is recommended where appropriate

Assessment processes and techniques must be culturally appropriate and suitable to the communication skill level language literacy and numeracy capacity of the candidate and the work being performed

Indigenous people and other people from a nonEnglish speaking background may need additional support

In cases where practical assessment is used it should be combined with targeted questioning to assess required knowledge


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, if used in the performance criteria, is detailed below. Essential operating conditions that may be present with training and assessment (depending on the work situation, needs of the candidate, accessibility of the item, and local industry and regional contexts) may also be included.

Sources of project risk may include:

change risks, such as:

changes to project scope not approved (scope creep)

solution uncertainty

people risks, such as loss of key resource

procurement risks, such as required equipment not delivered on time

quality risks, such as delivered solution not meeting requirements or expectations

schedule or budget risks, such as time or cost of scheduled tasks underestimated

technology risks, such as new or untried technology as part of the solution, components difficult to integrate.

Risk management processes and procedures may include:

communicating with stakeholders

dispute resolution and modification procedures

implementing risk control trigger mechanisms

measuring actual progress against planned milestones

recording and reporting major variance

setting key milestones at significant points during the project and at completion.

Risk response strategies may include:

accept the risk or continue in the knowledge that the risk still exists

avoid the risk or take action to eliminate the risk

mitigate or take action to reduce the risk.