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.
Required skills
analytical skills to review project outcomes in terms of risk management
lateral thinking skills to identify and analyse risks and risk controls
literacy skills to produce risk-management plans
planning and organising skills to monitor project progress
problem-solving skills to control risks.
Required knowledge
industry sector risk classifications
organisation and industry standard risk frameworks
quantitative and qualitative risk-management techniques, tools and approaches.
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.
Standards may include: | Australian and international standards enterprise and industrial agreements industry codes of practice industry standards organisational and industrial agreements organisational policies, systems and procedures regulations and legislation. |
Project risk context may include: | legislation and regulation controls nature of project organisational risk policies and procedures project environment stakeholder expectations. |
Project risks may include: | predicted future events threats opportunities hazards. |
Risk-identification methods may include: | conducting or supervising qualitative and/or quantitative risk analysis, such as schedule simulation, decision analysis, contingency planning and alternative strategy development lessons learned from previous projects personal experience input previous risk registers risk workshops subject matter experts using specialist risk-analysis tools to assist in the decision-making process. |
Risk categories may include: | communications compliance consultative environmental finance health and safety human resources legal organisational brand physical political project assumptions project constraints project process risks quality social technology. |
Risk-ranking system may include: | classification rankings from low to high consequence of risk scale impact of risk scale manual or software-based systems organisational risk policies and methods predetermined ranking criteria target and trigger settings. |
Delegated authority refers to planning and activities that may: | be conducted routinely or as changing circumstances dictate be done independently within broad guidance involve consultation with other project members, teams and internal stakeholders involve taking a lead role in a team where required involve the selection, use and supervision of appropriate risk-management methods, tools and techniques. |
Risk-management plan may include: | audit trail for risk management over project life cycle format of information organisation systems and risk methods manual and computerised systems risk register summary outcome of risk processes. |
Risk controls may include: | accepted industry practice and codes of conduct existing risk planning actions legislation or regulation over processes modifications to plans and processes organisational risk policies and procedures quality systems work methods. |
Risk-treatment options may include: | accept risk mitigate risk transfer or share risk avoid risk. |
Risk-review processes may include: | ad hoc due to emergency events gateway or stage transition reviews ongoing through team member assigned responsibility regular risk discussions at project meetings scheduled formal reviews. |
Risk responses may be made: | in consultation with project team members, section heads, project managers and stakeholders independently or with endorsement of higher project authority if necessary regularly throughout the project life cycle taking into account internal organisational change and external environmental change. |
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