- BSBPMG407A - Apply risk management techniques
Unit of Competency Mapping – Information for Teachers/Assessors – Information for Learners
BSBPMG407A Mapping and Delivery Guide
Apply risk management techniques
Version 1.0
Issue Date: April 2024
| Qualification | - |
Unit of Competency | BSBPMG407A - Apply risk management techniques |
|---|---|---|---|
| Description | This unit describes the performance outcomes, skills and knowledge required to assist with aspects of risk management within a project. It specifically involves assisting the project team to plan for, control and review risks associated with the project.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement. | ||
| Employability Skills | This unit contains employability skills. | ||
| Learning Outcomes and Application | This unit applies to a project team member working under the direction of a project manager with other project team members. The individual may be operating within an organisation or as a consultant. The skills should be applied in the context of multiple complex projects, with the individual operating as part of a specialist project management team.In the context of this unit a complex project is defined as a project which involves:the need for a comprehensive and multi faceted project planthe need for a formal internal or external communications strategya dedicated and diverse project budgetmultiple administrative componentsmultiple operational componentsa wide range of stakeholdersa project operations team.The functions performed by a worker managing a straightforward project or a section of a larger project where project management is not the main focus of the job role are covered by BSBPMG510A Manage projects. | ||
| Duration and Setting | X weeks, nominally xx hours, delivered in a classroom/online/blended learning setting. |
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| Prerequisites/co-requisites | |||
| Competency Field | Management and Leadership - Project Management | ||
| Development and validation strategy and guide for assessors and learners | Student Learning Resources | Handouts Activities |
Slides PPT |
Assessment 1 | Assessment 2 | Assessment 3 | Assessment 4 | |
|---|---|---|---|---|---|---|---|---|
| Elements of Competency | Performance Criteria | |||||||
| Element: Assist with risk analysis and planning |
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| Element: Conduct risk control activities |
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| Element: Contribute to assessing risk management outcomes |
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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 | Evidence of the following is essential: application of risk management techniques in relation to multiple complex projects knowledge of risk management methods, techniques and tools. |
Context of and specific resources for assessment | Assessment must ensure: access to examples of project management documentation for risk management. |
Method of assessment | A range of assessment methods should be used to assess practical skill and knowledge. The following assessment methods are appropriate for this unit: direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate analysis of responses addressing case studies and scenarios which present issues and problems in project risk management oral or written questioning to assess knowledge of strategies for managing project risk and their application to different situations review of risk analysis methods, techniques and tools review of risk management plans evaluation of reporting of risk management issues and responses. |
Guidance information for assessment | Holistic assessment with other units relevant to the industry sector, workplace and job role is recommended, for example: other units from the Certificate IV in Project Management. |
Submission Requirements
List each assessment task's title, type (eg project, observation/demonstration, essay, assignment, 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.
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Required skills |
planning, organising and analytical skills to assist with risk analysis, risk management planning and review of risk management outcomes communication and teamwork skills to contribute to collective processes for risk management initiative and enterprise to think laterally about risks and how they might occur. |
Required knowledge |
risk management framework and risk management processes. |
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. | |
Delegated authority means: | subject to frequent change in a multi-disciplinary environment under limited guidance and supervision within agreed authorisation and limits within established organisational framework, procedures and routines |
Risk analysis methods, techniques and tools may include: | using personal experience and/or subject matter experts assisting in qualitative and/or quantitative risk analysis, such as schedule simulation, decision analysis, contingency planning and alternative strategy development using specialist risk analysis tool/s to assist in the decision making process |
Others may include: | higher project authorities project manager project specialists or personnel team members |
Opportunities may include: | better means of achieving a result changes in the project or broader environment that offer scope for rescheduling activities to better effect efficiencies or methods to work more effectively, such as ways of shortening an activity initial project activities that reveal entirely different sets of priorities for example, product development, research and policy development responses to changing commercial/competitive conditions |
Reviews may include evaluations of: | agreed major milestones, for example phases and sub-contracts change of key personnel delivery of major deliverables finalisation of project and other agreed milestones |
Records may include: | lists of potential risk events (risk register/log) project and/or organisation files and records risk analysis and reappraisal risk diaries, incident logs, occurrence reports and other such documentation risk management lessons learned risk management plan |
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 |
|---|---|---|---|
| Contribute to identifying and prioritising potential risks throughout the project life cycle | |||
| Provide input, within delegated authority, to develop risk management strategies and risk management plans within established guidelines | |||
| Establish risk analysis methods, techniques and tools to assist in the analysis of risks | |||
| Ensure reporting mechanisms for risks are planned for and agreed to | |||
| Undertake control activities in accordance with agreed project and risk management plans to achieve project objectives | |||
| Measure progress and act on perceived, potential or actual risks within authority or report to others for response | |||
| Contribute to the implementation of agreed risk approaches and the amendment of plans to reflect the changing environment | |||
| Identify and report opportunities for action in the same way as risks | |||
| Contribute to the ongoing review of project outcomes to determine the effectiveness of risk management activities by accessing project records and other available information | |||
| Report risk management issues and responses to others for lessons learned or application in future projects |
Forms
Assessment Cover Sheet
BSBPMG407A - Apply risk management techniques
Assessment task 1: [title]
Student name:
Student ID:
I declare that the assessment tasks submitted for this unit are my own work.
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Result: Competent Not yet competent
Feedback to student
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Assessment Record Sheet
BSBPMG407A - Apply risk management techniques
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:
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Date:
Student signature:
Date: