Develop risk management systems Evidence Guide

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Evidence Guide: LGAGCM706A - Develop risk management systems

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

LGAGCM706A - Develop risk management systems

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

Establish the nature of risk management

Nature of risk management within local government context is identified and documented, considering council's unique characteristics.
Structure within which the risk management process will take place is outlined and communicated to stakeholders.
Criteria against which risks will be evaluated are determined are documented.
Risk management policy is designed for council operations and communicated to all staff.

Nature of risk management within local government context is identified and documented, considering council's unique characteristics.

Completed
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Teacher:

Evidence:

Structure within which the risk management process will take place is outlined and communicated to stakeholders.

Completed
Date:

Teacher:

Evidence:

Criteria against which risks will be evaluated are determined are documented.

Completed
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Evidence:

Risk management policy is designed for council operations and communicated to all staff.

Completed
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Evidence:

Identify existing and potential risks

Potential risk events are identified through extensive consultation with relevant stakeholders and personnel.
Reports from workplace inspections are used to identify existing and potential risks.
Relevant statutory and regulatory requirements pertaining to all council functions are identified to determine potential areas of risk for non-compliance.
All staff members are encouraged to identify and report existing and potential risk events to appropriate stakeholders.

Potential risk events are identified through extensive consultation with relevant stakeholders and personnel.

Completed
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Evidence:

Reports from workplace inspections are used to identify existing and potential risks.

Completed
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Evidence:

Relevant statutory and regulatory requirements pertaining to all council functions are identified to determine potential areas of risk for non-compliance.

Completed
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Evidence:

All staff members are encouraged to identify and report existing and potential risk events to appropriate stakeholders.

Completed
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Analyse existing and potential risks

Identified risks are analysed for the likelihood of potential risks occurring and their consequences.
First aid reports and reports of the incidence of risk are analysed to assist in determining consequences of risk.
Existing controls or safety mechanisms put in place to reduce likelihood of a risk occurring are identified and likelihood of occurrence is re-assessed.
Total estimated level of risk is determined considering likelihood and consequence of potential risks occurring.

Identified risks are analysed for the likelihood of potential risks occurring and their consequences.

Completed
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Evidence:

First aid reports and reports of the incidence of risk are analysed to assist in determining consequences of risk.

Completed
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Evidence:

Existing controls or safety mechanisms put in place to reduce likelihood of a risk occurring are identified and likelihood of occurrence is re-assessed.

Completed
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Evidence:

Total estimated level of risk is determined considering likelihood and consequence of potential risks occurring.

Completed
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Evaluate and prioritise risks

Estimated levels of risk are compared and evaluated against predetermined criteria.
Risks are prioritised to highlight those requiring urgent attention.
Risks that are evaluated as unlikely to occur and which hold minimal consequences are given lowest priority.

Estimated levels of risk are compared and evaluated against predetermined criteria.

Completed
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Risks are prioritised to highlight those requiring urgent attention.

Completed
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Risks that are evaluated as unlikely to occur and which hold minimal consequences are given lowest priority.

Completed
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Develop and implement risk management or control plans

Risk management or control plans are developed to eliminate or reduce the potential for risk events and consequences.
Accountabilities and responsibilities for the identification, management and reporting of risks are allocated and documented in job descriptions.
Appropriate reporting mechanisms for logging identified risks and the steps taken to address risks are established, updated regularly and used for formal reporting purposes.
Resources required to address identified risks are determined, documented and allocated.
Risk control strategies and required resources are included in budgets and other relevant financial planning processes and decisions.
Risk management plans are designed and documented for priority risks in consultation with stakeholders and industry specialists where necessary.
Reporting requirements and time frames for achieving risk mitigation are established, documented and communicated to appropriate stakeholders.
Budgets and other financial plans are regularly updated to account for necessary risk management funds.
Formal and informal staff training in risk management principles and practices is developed and implemented.

Risk management or control plans are developed to eliminate or reduce the potential for risk events and consequences.

Completed
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Evidence:

Accountabilities and responsibilities for the identification, management and reporting of risks are allocated and documented in job descriptions.

Completed
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Evidence:

Appropriate reporting mechanisms for logging identified risks and the steps taken to address risks are established, updated regularly and used for formal reporting purposes.

Completed
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Evidence:

Resources required to address identified risks are determined, documented and allocated.

Completed
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Evidence:

Risk control strategies and required resources are included in budgets and other relevant financial planning processes and decisions.

Completed
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Evidence:

Risk management plans are designed and documented for priority risks in consultation with stakeholders and industry specialists where necessary.

Completed
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Evidence:

Reporting requirements and time frames for achieving risk mitigation are established, documented and communicated to appropriate stakeholders.

Completed
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Evidence:

Budgets and other financial plans are regularly updated to account for necessary risk management funds.

Completed
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Evidence:

Formal and informal staff training in risk management principles and practices is developed and implemented.

Completed
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Evidence:

Monitor and review the risk management system

Inspection programs are designed and implemented to enable ongoing monitoring of risk control plans.
Risk management strategies and plans are periodically reviewed and assessed for their adequacy, timeliness and effectiveness in risk mitigation.
Reports of the incidence of risk occurring are monitored and used to inform risk management processes.
Risk management process and system are regularly monitored for their effectiveness and changes which may effect their operation.
Continuous improvement of risk management process is demonstrated and implemented.

Inspection programs are designed and implemented to enable ongoing monitoring of risk control plans.

Completed
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Risk management strategies and plans are periodically reviewed and assessed for their adequacy, timeliness and effectiveness in risk mitigation.

Completed
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Evidence:

Reports of the incidence of risk occurring are monitored and used to inform risk management processes.

Completed
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Evidence:

Risk management process and system are regularly monitored for their effectiveness and changes which may effect their operation.

Completed
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Continuous improvement of risk management process is demonstrated and implemented.

Completed
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Assessed

Teacher: ___________________________ Date: _

Signature: ________________________________________________

Comments:

Instructions to Assessors

Evidence Guide


Overview of assessment requirements	A person who demonstrates competency in this unit will be able to perform the outcomes described in the elements to the required performance level detailed in the performance criteria. The unit's skill and knowledge requirements must also be demonstrated. The candidate will demonstrate the capacity to manage the development of a risk management strategy.
Critical aspects of evidence to be considered	The demonstrated ability to: develop, manage, monitor and review risk management processes and practices within an area of local government.
Context of assessment	Assessment of performance requirements in this unit should be undertaken with the context of the local government framework. Competency is demonstrated by performance of all stated criteria, including the range of variables applicable to the workplace environment.
Method of assessment	The following assessment methods are suggested: preparation of a major workplace project report/portfolio (that may incorporate assessment of related units) as a key form of assessment that enables candidates to integrate the learning and assessment project into their regular work responsibilities, which enables integrated and holistic assessment of the complex skills and knowledge addressed in this unit observation of the learner performing a range of workplace tasks over sufficient time to demonstrate his/her handling of a range of contingencies written and oral questioning to assess knowledge and understanding completion of workplace documentation third-party reports from experienced practitioner completion of self-paced learning materials, including personal reflection and feedback from trainer, coach or supervisor.
Evidence required for demonstration of consistent performance	Evidence should be gathered over a period of time in a range of actual or simulated management environments.
Resource implications	Access to a workplace or simulated case study that provides the following resources: relevant council documents, such as strategic and operational plans relevant local government legislation and regulations.

Required Skills and Knowledge

This describes the essential skills and knowledge and their level, required for this unit

Required Skills

proactive thinking

decision making

high-level problem solving

research

critical and analytical thinking

project planning and execution

time management

comparative analysis.

Required Knowledge

local government framework (policies and practices) for the management of risk

budgets and financial plans

concepts and application of risk management planning, processes and reporting

understanding and application of reporting mechanisms.

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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 in the Performance Criteria is detailed below.
Risk management within local government may include:	public liability safety of staff workers compensation claims business continuity, e.g. emergency plans for council activities to continue in the event of loss of building, equipment or systems property development and maintenance motor vehicles parked or in motion environmental concerns, such as pollution, hazardous waste and tree policies.
Relevant stakeholders and personnel may include:	departmental managers staff senior management industry representatives contractors risk management consultants community groups.
Statutory and regulatory requirements may include:	occupational health and safety regulations and codes of practice Workers Compensation Act codes of practice relevant Australian standards.
Steps to ensure risks are analysed may include:	qualitative analysis quantitative analysis semi-quantitative analysis sensitivity analysis ranking and rating against set criteria.
Likelihood of potential risks occurring may be assessed through:	liaison with industry representatives and subject matter experts reference to relevant statistical information consultation with other councils application of the 'reasonable man' test.
Consequences of potential risks occurring may include:	death or disability loss of reputation increased hazards compensation payments business interruption threats to physical safety security breaches fraud.
Hidden text

NTISthis.com

Evidence Guide: LGAGCM706A - Develop risk management systems

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

LGAGCM706A - Develop risk management systems

Establish the nature of risk management

Identify existing and potential risks

Analyse existing and potential risks

Evaluate and prioritise risks

Develop and implement risk management or control plans

Monitor and review the risk management system

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

Instructions to Assessors

Teacher: ___________________________ Date: _