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Evidence Guide: ICTSAD503 - Minimise risk of new technologies to business solutions

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

 

ICTSAD503 - Minimise risk of new technologies to business solutions

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

Establish the risk context

  1. Review organisational and technical environment and proposed business solution
  2. Identify scale, importance and complexity of project risks
  3. Establish acceptable and unacceptable levels of risk and consequences for the solution
  4. Identify the impact of risks against the business environment
  5. Determine and document proposed actions to insure against identified generic risks
Review organisational and technical environment and proposed business solution

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify scale, importance and complexity of project risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Establish acceptable and unacceptable levels of risk and consequences for the solution

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify the impact of risks against the business environment

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Determine and document proposed actions to insure against identified generic risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct risk analysis

  1. Conduct a risk analysis to determine the likelihood of risks identified
  2. Rank risk factors according to the impact and likelihood of occurrence
  3. Develop contingency plans to mitigate identified risks
  4. Document risk analysis and contingencies in a risk management plan
  5. Implement risk management plans and undertake awareness training to inform stakeholders
Conduct a risk analysis to determine the likelihood of risks identified

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Rank risk factors according to the impact and likelihood of occurrence

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Develop contingency plans to mitigate identified risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document risk analysis and contingencies in a risk management plan

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Implement risk management plans and undertake awareness training to inform stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor risks

  1. Establish feedback channels to warn of unforeseen and identified risks
  2. Conduct regular reviews to identify new risks and update established risks
  3. Document changes to risk management plans as appropriate
Establish feedback channels to warn of unforeseen and identified risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Conduct regular reviews to identify new risks and update established risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document changes to risk management plans as appropriate

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Evidence Guide

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Establish the risk context

1.1 Review organisational and technical environment and proposed business solution

1.2 Identify scale, importance and complexity of project risks

1.3 Establish acceptable and unacceptable levels of risk and consequences for the solution

1.4 Identify the impact of risks against the business environment

1.5 Determine and document proposed actions to insure against identified generic risks

2. Conduct risk analysis

2.1 Conduct a risk analysis to determine the likelihood of risks identified

2.2 Rank risk factors according to the impact and likelihood of occurrence

2.3 Develop contingency plans to mitigate identified risks

2.4 Document risk analysis and contingencies in a risk management plan

2.5 Implement risk management plans and undertake awareness training to inform stakeholders

3. Monitor risks

3.1 Establish feedback channels to warn of unforeseen and identified risks

3.2 Conduct regular reviews to identify new risks and update established risks

3.3 Document changes to risk management plans as appropriate

Required Skills and Knowledge

ELEMENT

PERFORMANCE CRITERIA

Elements describe the essential outcomes.

Performance criteria describe the performance needed to demonstrate achievement of the element.

1. Establish the risk context

1.1 Review organisational and technical environment and proposed business solution

1.2 Identify scale, importance and complexity of project risks

1.3 Establish acceptable and unacceptable levels of risk and consequences for the solution

1.4 Identify the impact of risks against the business environment

1.5 Determine and document proposed actions to insure against identified generic risks

2. Conduct risk analysis

2.1 Conduct a risk analysis to determine the likelihood of risks identified

2.2 Rank risk factors according to the impact and likelihood of occurrence

2.3 Develop contingency plans to mitigate identified risks

2.4 Document risk analysis and contingencies in a risk management plan

2.5 Implement risk management plans and undertake awareness training to inform stakeholders

3. Monitor risks

3.1 Establish feedback channels to warn of unforeseen and identified risks

3.2 Conduct regular reviews to identify new risks and update established risks

3.3 Document changes to risk management plans as appropriate

Evidence of the ability to:

develop procedures that identify where risk occurs

identify measures to be taken to treat the risk

document a risk management plan

implement risk management plan

establish a risk review procedure.

Note: If a specific volume or frequency is not stated, then evidence must be provided at least once.

To complete the unit requirements safely and effectively, the individual must:

outline business process design

explain business supply chain

describe copyright and intellectual property relating to new technologies

identify and describe how business sites fit into corporate strategy

explain the purpose of user analysis and customer relationship management software

describe risk management process and planning strategies.