Course Title: Manage risk
Part B: Course Detail
Teaching Period: VE 2019
Class Number: 3453
Class Section: DHHS
For flexible terms and optional semesters, a Part B course guide may have been published for the entire teaching period, or for the specific class number in which you are enrolled. If there is no Part B course guide published for your specific class number, please refer to the guide for the teaching period in which you are enrolled. Enrolment Online is the definitive source for details regarding your class enrolment.
Course Code: BUSM8748C
Course Title: Manage risk
Important Information:
This course is delivered and assessed in a cluster with BSBINN601 Lead and Manage organisational change.
School: 365T Global, Urban and Social Studies
Campus: City Campus
Program: C6147 - Advanced Diploma of Community Sector Management
Course Contact: Renee Costa
Course Contact Phone: +61 3 9925 0886
Course Contact Email: renee.costa@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 unit describes skills and knowledge required to determine strategic change requirements and opportunities; and to develop, implement and evaluate change management strategies.
It applies to managers with responsibilities that extend across the organisation or across significant parts of a large organisation. They may have a dedicated role in human resources management, human resources development, or work in a strategic policy or planning area.
The unit takes a structured approach to change management and applies to people with considerable work experience and organisational knowledge.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBRSK501 Manage risk |
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Element: |
1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards 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 |
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Performance Criteria: |
1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards 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 |
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Element: |
2. Identify risks 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 |
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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 |
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Element: |
3. Analyse risks
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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 |
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Element: |
4. Select and implement treatments
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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
On 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
The course is delivered face-to-face in four workshops.
What you will learn in this course
- Change and the change management cycle
- Opportunities and barriers to change
- Implementing and communicating change
- Risk, risk processes and purpose of risk management in change
- Reviewing change management processes
Teaching Schedule
Workshop title |
Unit/s |
Workshop |
Topics to be covered |
Leading change |
BSBINN601 Lead and manage organisational change
BSBRSK501 Manage risk |
Workshop 1 25 - 26 July
Workshop 2 22 - 23 August
9:30am - 4:30pm |
Workshop 1
Workshop 2
|
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
This course is delivered and assessed in a cluster with BSBINN601 Lead and Manage organisational change.
Assessment task 1: Case Study- Developing a change management strategy
Assessment task 2: Implementing and evaluating a change management strategy
Assessment task 3: Leading Change - Knowledge task
Assessment Tasks
Task 1:
This assessment task requires you to analyse information about an organisation’s internal and external environment and consult with stakeholders to identify opportunities for change to support the organisation in achieving its objectives.
The purpose of this task is to demonstrate your knowledge and skills in interpreting information, analysing objectives, consulting with stakeholders within an organisation to develop a change management project plan which incorporates a risk management plan.
Task 2: This assessment task requires you to provide a process to implement, communicate, monitor and evaluate the change management strategy including the risk management plan. The purpose of this task is to demonstrate your knowledge and skills for implementing, monitoring, modifying and evaluating a change management project plan which incorporates a risk management plan to achieve organisational objectives.
Task 3:This task requires you to respond to 10 short answer questions to demonstrate your knowledge of change and risk management processes. Questions may be discussed during class however you are to complete the 10 short answers questions in your own time.
Assessment Matrix
The assessment matrix is located in canvas at the end of each assessment task.
Other Information
Please refer to the RMIT student page for extensive information about study support, assessment, extensions, appeals and a range of other matters: rmit.edu.au/student
Course Overview: Access Course Overview