Course Title: Manage risk

Part B: Course Detail

Teaching Period: Term1 2015

Course Code: BUSM6498C

Course Title: Manage risk

School: 365T Global, Urban & Social Studies

Campus: City Campus

Program: C0044 - Vocational Graduate Diploma of Community Sector Management

Course Contact : Bronwyn Tanti

Course Contact Phone: +61 3 9925 9079

Course Contact Email:bronwyn.tanti@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

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

None

Course Description

This course 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.

This course is delivered and assessed with the course -  CHCMGT601B: Contribute to effective governance.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBRSK501B 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


Upon successful completion of this course you will have developed and applied the skills and knowledge required to demonstrate competency in the above elements.


Details of Learning Activities

Essential learning activities will take place during a series of 1 day workshops. You will also be required to undertake independent studies. Some of the learning activities that you will undertake are:
• Analysis of current case studies
• Self- reflection exercises
• Discussion groups relating to theoretical and practice-based topics
• Problem based activities


Reflecting on your own work content is a significant aspect of this course, and you will be given opportunities during the workshops to discuss and think about your practice.

All courses and learning activities will be supported and complemented by RMIT’s learning management tool “blackboard”. You will be required to participate in on line learning activities each month using the discussion board forum.
 


Teaching Schedule

Teaching Schedule
There are 10 workshops scheduled for this program. This unit is taught and assessed together with BSBRSK501B: Manage Risk and will be covered in detail in workshops 2 and 3.
 

Workshop Date Class content Courses(s) linkage
March 2015

1: Roles and responsibilities of governing body/ies in community sector organisations, including but not restricted to;
• Organisation’s strategic direction as described in its vision, mission and values 

Organisation’s policies, procedures

 2: Principles and practices of effective governance, including;
• Governance functions and integrity
• Principles of access, equity and inclusion
• Compliance


 

CHCMGT601B: Contribute to effective governance
BSBRSK501B: Manage risk
April 20153: Risks facing an organisation and associated risk assessment and management policies, procedures and measures.
4: Relevant risk legislation, codes of practice and national standards.
CHCMGT601B: Contribute to effective governance
BSBRSK501B: Manage risk

 While your teacher will cover all the material in this schedule, the order is subject to change depending on class needs and availability of guest speakers and resources


Learning Resources

Prescribed Texts


References


Other Resources

Additional resources will also be available in the learning management tool “Blackboard”. A set of readings will be made available to you prior to each workshop. A list of program specific resources, including journals and texts that may support you in the program, can also be found on the link to the RMIT library in “Blackboard”.


Overview of Assessment

Assessment will include an in class case study, and a blackboard discussion focusing on risk managment processesses within your organisation.


Assessment Tasks

Assessment for this course comprises of;

  • An in class case study
  • A 1,500 word report which will focus on risk management in your organisation or area of responsibility,  including current operational examples where possible.
  • A blackboard discussion


Assessment Matrix

The assessment matrix demonstrates alignment of assessment tasks with the relevant course. These are available from the Program Co-ordinator.

Other Information

Assessment Tasks Submission Cover Sheet
You must complete a submission cover sheet for every piece of submitted work, including online submissions. This signed sheet acknowledges that you are aware of the plagiarism implications.

Attendance
It is strongly advised that you attend all workshops in order to engage in the required learning activities, ensuring the maximum opportunity to gain the competency.

Feedback
You will receive verbal and written feedback by teacher on your work. This feedback also includes suggestions on how you can proceed to the next stage of developing your competency. Information regarding student feedback can be found at: http://www.rmit.edu.au/browse;ID=9pp3ic9obks7

Student Progress
Monitoring academic progress is an important enabling and proactive strategy to assist you to achieve your learning potential. The Student progress policy can be found at:
http://www.rmit.edu.au/browse;ID=vj2g89cve4uj1

Special consideration Policy (Late Submission)
All assessment tasks are required to be completed to a satisfactory level. If you are unable to complete any piece of assessment by the due date, you will need to apply for an extension. Information regarding application for special consideration can be found at: http://www.rmit.edu.au/browse;ID=g43abm17hc9w

Academic Integrity and Plagiarism
RMIT University has a strict policy on plagiarism and academic integrity. For more information on this policy go to Academic Integrity Web site: http://www.rmit.edu.au/browse;ID=kw02ylsd8z3n
 

Course Overview: Access Course Overview