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Evidence Guide: BSBPMG407A - Apply risk management techniques

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

BSBPMG407A - Apply risk management techniques

What evidence can you provide to prove your understanding of each of the following citeria?

Assist with risk analysis and planning

  1. Contribute to identifying and prioritising potential risks throughout the project life cycle
  2. Provide input, within delegated authority, to develop risk management strategies and risk management plans within established guidelines
  3. Establish risk analysis methods, techniques and tools to assist in the analysis of risks
  4. Ensure reporting mechanisms for risks are planned for and agreed to
Contribute to identifying and prioritising potential risks throughout the project life cycle

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Provide input, within delegated authority, to develop risk management strategies and risk management plans within established guidelines

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish risk analysis methods, techniques and tools to assist in the analysis of risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Ensure reporting mechanisms for risks are planned for and agreed to

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct risk control activities

  1. Undertake control activities in accordance with agreed project and risk management plans to achieve project objectives
  2. Measure progress and act on perceived, potential or actual risks within authority or report to others for response
  3. Contribute to the implementation of agreed risk approaches and the amendment of plans to reflect the changing environment
  4. Identify and report opportunities for action in the same way as risks
Undertake control activities in accordance with agreed project and risk management plans to achieve project objectives

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Measure progress and act on perceived, potential or actual risks within authority or report to others for response

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Contribute to the implementation of agreed risk approaches and the amendment of plans to reflect the changing environment

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify and report opportunities for action in the same way as risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Contribute to assessing risk management outcomes

  1. Contribute to the ongoing review of project outcomes to determine the effectiveness of risk management activities by accessing project records and other available information
  2. Report risk management issues and responses to others for lessons learned or application in future projects
Contribute to the ongoing review of project outcomes to determine the effectiveness of risk management activities by accessing project records and other available information

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Report risk management issues and responses to others for lessons learned or application in future projects

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

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.

Required Skills and Knowledge

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.

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.

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