Course Title: Manage risk

Part B: Course Detail

Teaching Period: Term1 2010

Course Code: BUSM6330C

Course Title: Manage risk

School: 130T Vocational Engineering

Campus: City Campus

Program: C6098 - Advanced Diploma of Spatial Information Services

Course Contact: Program Manager

Course Contact Phone: +61 3 9925 4468

Course Contact Email: engineering-tafe@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Stephen Larsen
stephen.larsen@rmit.edu.au

Nominal Hours: 60

Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.

Pre-requisites and Co-requisites

Nil.

Course Description

This unit describes the performance outcomes, skills and knowledge required to manage risks in a range of contexts across the organisation or for a specific business unit or area. The unit has been designed to be consistent with AS/NZS 4360:2004 Risk management. No licensing, legislative, regulatory or certification requirements apply to this unit at the time of endorsement.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBRSK501A Manage risk

Element:

1. Establish risk context

Performance Criteria:

1.1 Review organisational processes, procedures and requirements for
undertaking risk management

1.2 Determine scope for risk management process

1.3 Identify internal and external stakeholders and their issues

1.4 Review political, economic, social, legal, technological and policy context

1.5 Review strengths and weaknesses of existing arrangements

1.6 Document critical success factors, goals or objectives for area included in
scope

1.7 Obtain support for risk management activities

1.8 Communicate with relevant parties about the risk management process and
invite participation

Element:

2. Identify risks

Performance Criteria:

2.1 Invite relevant parties to assist in the identification of risks

2.2 Research risks that may apply to scope

2.3 Use tools and techniques to generate a list of risks that apply to the scope,
in consultation with relevant parties

Element:

3. Analyse risks

Performance Criteria:

3.1 Assess likelihood of risks occurring

3.2 Assess impact or consequence if risks occur

3.3 Evaluate and prioritise risks for treatment

Element:

4. Select and implement treatments

Performance Criteria:

4.1 Determine and select most appropriate options for treating risks

4.2 Develop an action plan for implementing risk treatment

4.3 Communicate risk management processes to relevant parties

4.4 Ensure all documentation is in order and appropriately stored

4.5 Implement and monitor action plan

4.6 Evaluate risk management process

Learning Outcomes



Details of Learning Activities

Teacher led :

Classroom &/or tutorial instruction in the outcomes required to manage risk and tasks associated with the elements above including the use of computers and relevant software/s, capabilities of survey methodologies and technologies in a simulated workplace environment.

Student managed:

Develop data management strategies to manage risk to industry standards.
Participation in group activities based on simulated workplace exercises.
Individual exercises carrying out research, computations, data compilation and appraisal.


Teaching Schedule

The teaching schedule is available in the Distributed Learning System (Blackboard). Refer to it for any changes or announcements.


Learning Resources

Prescribed Texts


References


Other Resources

Refer to: http://rmit.libguides.com/spatial


Overview of Assessment

Assessment may incorporate a variety of methods including written/oral activities and demonstration of practical skills to the relevant industry standards. Participants are advised that they are likely to be asked to personally demonstrate their assessment activities to their teacher/assessor. Feedback will be provided throughout the course.


Assessment Tasks

Assessment of this unit will involve completion of the simulated workplace project and the Evaluation of portfolio, using a checklist, of the performance of elements of competence as designated for this unit to the required standard including collection methods and techniques related to the project objectives.

Observation, using a skills checklist, of performance of elements of competence as designated for this unit to the required standard during practical fieldwork exercises within a simulated workplace project.

Assessment will require demonstration of:

• Consistence performance of each element of the unit across a representative range of applications, autonomously and to requirements
• Performance criteria for each element of competence
• Underpinning knowledge and skills specified.


Assessment Matrix

The Assessment and Assessment Matrix are available in the Distributed Learning System (Blackboard). Refer to it for any changes or announcements.

Other Information

This is a new course in 2010.

Course Overview: Access Course Overview