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

Element:

  1. Establish risk context

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

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

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

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

3.1 Assess likelihood of risks occurring

3.2 Assess impact or consequence if risks occur

3.3 Evaluate and prioritise risks for treatment

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

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

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 
date & time

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

  • Change and the change management cycle
  • Identifying change requirements
  • Change management strategy
  • Risk and purpose of risk management 
  • Risk management processes
  • Risk in the change management process
  • Change management action plans

Workshop 2

  • Continuous change management processes
  • Change readiness and predicting resistance to change
  • Introducing change
  • Leading change
  • Implementing, communicating and embedding change
  • Overcoming resistance to change
  • Monitoring and evaluating change


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