Course Title: Identify risk and apply risk management processes
Part B: Course Detail
Teaching Period: Term2 2012
Course Code: BUSM6237C
Course Title: Identify risk and apply risk management processes
School: 650T TAFE Business
Campus: City Campus
Program: C4222 - Certificate IV in International Trade
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
Barry Whyms 99255437
barry.whyms@rmit.edu.au
Nominal Hours: 50
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 will deliver the skills and knowledge required to identify risks and to apply established risk management processes to a subset of an organisation or project’s operations that are within the person’s own work responsibilities and area of operation. Risks applicable within own work responsibilities and areas of operation may include projects being undertaken individually or by a team, or operations within a section of the organisation.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBRSK401A Identify risk and apply risk management processes |
Element: |
1. Identify risks |
Performance Criteria: |
1.1. Identify the context for risk management |
Element: |
2. Analyse and evaluate risks |
Performance Criteria: |
2.1. Analyse and document risks in consultation with relevant stakeholders |
Element: |
3. Treat risks |
Performance Criteria: |
3.1. Determine appropriate control measures for risks and assess for strengths and weaknesses |
Element: |
4. Monitor and review effectiveness of treatment of risks |
Performance Criteria: |
4.1. Regularly review implemented treatment/s against measures of success |
Learning Outcomes
Students will be able to demonstrate:
- the identification, analysis and evaluation of risks.
- an understanding of their personal role in relation to wider organisational or project contexts.
- an understanding of risk management processes and procedures.
Details of Learning Activities
Learning activities
A range of learning activities are planned for this course including self-paced and collaborative class room based activities.
The self-based activities will be delivered through various technology platforms and will include student contribution to wikis and discussion threads, reflective journals, quizzes and interactive sessions.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice skills in a simulated workplace environment.
Teaching Schedule
Week and Detail
1. Define risk
2. Risk and Perception
3. Define the context
4. Communicate and confer
5. Identify risks
6. Identify risks continued
7. Analyse risks
8. Analyse risks
9. Evaluate risks
10. Evaluate risks
11. Address/treat risks
12. Address/treat risks
13. Monitor and review the system
14. Finalisation of Group Risk Management Report
15. Presentations
16. Group Feedback
17. Finalisation of results and individual interviews
Learning Resources
Prescribed Texts
Recommended text is Identify risk and apply risk management processes, Aspire Training and Consulting 2008, Melbourne |
References
The following references are available in the RMIT Library Ariely, D, 2008 Predictably Irrational: The Hidden Forces that shape our Decisions, Harper Collins, London Baker, W and Reid, 2005 Identifying and managing risk, Pearson, Australia Bennett, A, 2005, Guide to risk management in imports/exports, CCH Australia, Australia Cleary, S and Thiery, M, 2007, Global risk management,McMillan, New York |
Other Resources
Overview of Assessment
Assessment will incorporate a variety of methods which may include class exercises, written tests, presentations, individual or group projects. 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 their course to check their progress.
Assessment Tasks
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.
Critical aspects of assessment
The critical aspects of assessment are:
• Validity – the assessment tool is designed and implemented so that it measures performance accurately and precisely
• Reliability – the assessment tool is designed and implemented so that the measurements received are consistent over a period of time or a number of assessment events
• Fairness – the assessment tool is designed and implemented so that it is non-discriminatory and unambiguous
• Flexibility – the assessment tool is designed to allow for its application in a range of different contexts and conditions, and uses a range of methodologies.
Assignment One - Risk Management Event Report - individual assignment
Assignment Two - Critique on a risk management article in class
Assignment Three - Open book test
Assessment Matrix
Other Information
Graded Assessment at RMIT
At RMIT, the grades to be used for VET programs are:
DNS - Did not submit for assessment
NYC - Not yet competent
CAG - Competency achieved – graded
CC - Competent with credit
CDI - Competent with distinction
CHD - Competent with high distinction
Course Overview: Access Course Overview