Course Title: Manage risk

Part B: Course Detail

Teaching Period: Term2 2014

Course Code: BUSM6458C

Course Title: Manage risk

School: 650T TAFE Business

Campus: City Campus

Program: C5302 - Diploma of Logistics

Course Contact : Tim Wallis

Course Contact Phone: +61 3 9925 5423

Course Contact Email:timothy.wallis@rmit.edu.au


Name and Contact Details of All Other Relevant Staff

Kornkanok Duangpracha

kornkanok.duangpracha@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

None

Course Description

This course addresses the management of the risk across the organisation or within a business unit or area. It does not assume any given industry setting.

This course applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.


National Codes, Titles, Elements and Performance Criteria

National Element Code & Title:

BSBRSK501B Manage risk

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:

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:

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


This course delivers the skills and knowledge required to manage risks in a range of contexts across the organisation or for a specific business unit or area.


Details of Learning Activities

A range of learning activities are planned for this course including self-paced and collaborative classroom based activities.
 

The self-paced activities will be delivered through various technology platforms and include your contribution to tutorial activities and interactive sessions.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
 

We expect you to participate and contribute in all scheduled learning activities.
 


Teaching Schedule

 

WeekWeek CommencingTopicsAssessment
17 July (1) Course Induction
• Course delivery and assessment details
• Course support documents
• Online learning environment
• Grading
• Plagiarism
• Appeals
• Extensions
• Feedback
• Privacy
• Submission requirements
• Resubmission policy
• Where to get support
• Student responsibilities
(2) Pre-Training Review
• Includes skills analysis and Recognition of Prior Learning and Credit Transfers
(3) Introduction to the course
 
 
214 JulyWHS Management Systems 
321 July

WHS Management Systems

 
428 July

Consultation, Induction and Training

 
54 AugConsultation, Induction and Training 
611 Aug

Hazard Reporting


 
718 Aug

Incident Reporting

 
825 AugContinuous Improvement in WHS

Assessment 1 Due

 1 SepMid-semester break  
98 SepRisk Management Standards and the Risk Context 
 1015 SepRisk Management Standards and the Risk Context 
1122 SepIdentify and Document Risks 
1229 SepAnalyse and Evaluate Risks 
136 Oct

Treating Risks - Risk Control Measures

 
1413 OctTreating Risks - Risk Control Measures Assessment task 2: major assignment
1520 OctRevision and Review Assessment task 3: oral test/interview
1627 OctResits and Resubmissions  

This course is co-delivered and co-assessed with OHTH5830C Ensure a Safe Workplace


Learning Resources

Prescribed Texts


References


Other Resources

N/A


Overview of Assessment

Assessment may incorporate a variety of methods including in-class exercises, problem-solving exercises, assignments, group or individual projects, presentations and written or practical tests, as well as homework activities.

Other activities may be workplace-based or simulate work practices. These may include the production of technical requirements documents, direct observation of workplace practices and the presentation of a portfolio of evidence. This portfolio may include documents, photographs, video and/or audio files.

Students are advised that they are likely to be asked to personally demonstrate their assessment work to their teacher to ensure that the relevant competency standards are being met. Students will be provided with feedback throughout the course to check their progress.


Assessment Tasks

This course is co-delivered and co-assessed with OHTH5830C Ensure a Safe Workplace

Students are required to complete 3 tasks. You must successfully complete all 3 tasks to be deemed competent in this unit.

 Assessment Task 1 – Manage a workplace OHS system
Date handed out: Week 1
Date and time due: Week 9 - Friday 12 September - 5.00pm
Group or Individual: This is a group assignment to be completed in groups of no more than 3 persons.

Purpose: As an employer or manager you must provide a safe and healthy workplace for your workers and contractors. This includes providing safe machinery/equipment and safe systems of work. It also includes identifying and controlling risks and hazards, providing training and supervision as required as well as providing adequate systems and processes for consultation and action in OHS matters.

Requirements: For this assessment task you are the Manager of JM Transport Pty Ltd. The company has just purchased a new warehouse and, according to organisational requirements, procedures for staff induction, identifying hazards and controlling risks need to be developed. There are two parts to this assessment – an OHS induction program and procedures for identifying hazards and controlling risks.

Assessment Task 2 – Continuous improvement in OHS and Risk Management
Date handed out: Week 1
Date and time due: Week 12 - Friday 3 October - 5.00pm
Group or Individual: This is an individual assignment

Purpose:
OHS is a continuing issue in the workplace and needs constant attention. Placing excessive reliance upon standard OHS practices and existing policies can lead to complacency and accidents. As a manger, you need to continually work towards improvement in OHS, and managing risks.

Requirements:
For this assessment task you need write some general recommendations about how an OHS system can best be evaluated and continuously improved. You should draw upon your knowledge of your own organisation as well as additional research undertaken in this program when formulating your recommendations. Your report should be no more than 500 words.

Assessment Task 3 – Risk Management Plan
Date handed out: Week 3
Date and time due: Week 14 - Friday 17 October - 5.00pm
Group or Individual: This is a group assignment to be completed in groups of no more than 3
persons.

Purpose: Risks to an organisation’s ability to operate effectively can come from a range of sources. These can include uncertainty in financial markets, project failures, legal liabilities, credit risk, accidents, natural causes and disasters as well as deliberate attack from an adversary.
As a Manager in the Transport and Logistics Industry, you will need to put systems and processes in place to identify, evaluate and mitigate risks to the organisation.

Requirements: For this assessment you will need to develop a Risk Management Plan for a transport and logistics organisation of your choice. To assist you to complete the plan a Risk Management Plan Template is provided. The template is divided into 4 sections and is designed to be completed as you work your way through the unit.


Assessment Matrix

Marking Guide (competency):
Vocational Education and Training (VET) is based on current industry needs and the focus on preparing you for the workplace. Because VET courses are informed by practical application of knowledge and skills, they are based on a system known as ‘competency based training’ (CBT). So when you are assessed in VET it is about whether you are competent to do the job, as well as having a firm grasp on the knowledge and skills required to do that job, as opposed to traditional curriculum based education settings that are often based on knowledge retention.

You need to demonstrate you are competent in each element of the unit of competency you are studying.

You will receive feedback on each assessment task that will inform you whether you are competent or not and how well you are performing. Once competent in all elements of the unit you receive a competency grading.

Please refer to the Final Grades table below.

Marking Guide (Grading)
After achieving competency we then grade your performance in the unit; this gives you the opportunity to have the level of your performance formally recognized against industry standards and employability skills.


Final Grades table:

CHD Competent with High Distinction
CDI Competent with Distinction
CC Competent with Credit
CAG Competency Achieved – Graded
NYC Not Yet Competent
DNS Did Not Submit for assessment

Further information regarding the application of the grading criteria will be provided by your teacher.
.

Other Information

Submission requirements:
You are required to meet the following criteria for all assessments. Failure to do so may result in you being deemed not-yet-competent:

• Submit all assessment tasks online through blackboard, and include the RMIT e-submission declaration (see below).
• Ensure that you submit assessments on or before the due date.
• Retain a copy of your assessment tasks.


Electronic Submission
When submitting work online, you need to include the cover sheet supplied by your teacher. This includes the following declaration:

RMIT Electronic Submission of work for assessment
I declare that in submitting all work for this assessment I have read, understood and agree to the content and expectations of the assessment declaration.
(URL: http://www.rmit.edu.au/students/assessment/declaration)


Resubmissions:
If you are found to be Not Yet Competent (NYC) in an Assessment Task you will be allowed one resubmission to demonstrate competence. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission. The highest grade you will receive if your resubmission is successful is “CAG”.

Late Submissions
Students are required to submit assessment items and/or ensure performance based assessment is completed by the due dates. If a student is to be prevented from submitting an assessment item on time, by circumstances outside their control, they may apply in advance to the teacher for an extension to the due date of up to seven calendar days. To be eligible for an extension, you must lodge the extension form availabile at the following link with your teacher: http://www.rmit.edu.au/students/assessment/extension

Where an extension of greater than seven days is needed, the student must apply for special consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination. More information on special consideration and how to apply can be found here: http://www.rmit.edu.au/students/specialconsideration

Final Date for All Assessments
No assessment tasks or resubmissions will be accepted after 5pm Friday, week 16.

Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment. Information on circumstances under which the assessment arrangements might be granted can be found at the following website: http://www.rmit.edu.au/students/assessment/adjustment
 

Course Overview: Access Course Overview