Reference no: EM13834758

Manage Risk

Assessment one:

ASSESSMENT REQUIREMENTS

• Your assessment must be typed in Arial font size 12 only.

• You must provide your completed assessment in one document with an AIPE cover page (included in this assessment tool on page 2).

• You are required to professionally format your document including spell-check and indicate each Task answer [e.g. Task 1 (a.) then the answer, Task 1 (b.) then the answer etc.] according to this Assessment Tool Task requirement. You may lose marks if you have not spell-checked your document (as this is a professional formatting requirement, a business skill).

• Whenever conducting a Presentation, you must always provide copies of MS PowerPoint slides as evidence for your Trainer/Assessor.

• Be sure to properly reference your sources of information using the APA referencing system. For more information go to:-

1. Student Handbook - latest version

2. AIPE Connect online resources; or

3. Ask your Trainer/Assessor to provide you with this information

In order to determine if you are addressing this assessment adequately in terms of competency/ comprehension (prior to due date) a draft copy of your assessment should be discussed during class time in consultation with your Trainer/Assessor. For this feedback/support from your Trainer/Assessor, you will need to bring to class your "draft copy" with any evidence of the research you have conducted to produce the assessment.

AIPE accommodates students with reasonable adjustments to training and assessment. This could include variations in course delivery or assessment methodology and it is the responsibility of Trainers/Assessors to coordinate this in consultation with the Academic/Compliance Coordinator or Trainer Coordinator. When making reasonable adjustments to assessments and assessment processes, assessors need to focus particularly upon validity and fairness. If you feel you have special needs that require your Trainer/Assessor to apply a reasonable adjustment, please discuss this with your Trainer/Assessor at the beginning of the subject studies.

Assessment Two: Presentation Element Covered in this Assessment:

1. Establish Risk Context

2. Identify risks

3. Analyse risks

4. Select and implement treatments

Task 1

Relating the case study from all of Assessment One for this subject - you are required to prepare and present a 10 - 15 minute presentation about your operations, risk management factors (such as Political, Economic, Technological, Social and Environmental) and Occupational Health and Safety (OHS) regarding Bizzy-Mart.

For this presentation, imagine that you are Shane (Store Manager of Chatswood Bizzy-Mart).

In this presentation you will need to:

a. Briefly explain and justify two risks you identified and analysed from Part One, Task 3. Include in your presentation, an explanation of the level of risk, likelihood of the risk occurring and impact or consequences if the risk occurs.

b. Outline your ACTION PLAN for implementing risk treatments for the identified risks (this will be the main part of your presentation).
PREPARATION REQUIRED: Complete and use for this part of your presentation the templates from Table 2 and Table 3. This will need to be displayed so that whilst you are discussing it during the presentation, your audience can visually preview this. Also, you will need to ensure that your Trainer/Assessor is given a copy of at least two (2) action plans (Table 2) for two different risks identified.

If you would like to make sure you are on-track for your presentation, show your completed Tables 2 and 3 to your Trainer/Assessor prior to the presentation day.

c. Explain how you will implement and monitor the above action plan.

d. Explain the documentation that is required for each identified risk.

e. Summarise your presentation with an evaluation of the risk management processes for Bizzy-Mart.

f. Make sure you discuss ‘duty of care' within your presentation where applicable.

Make sure that you provide your Trainer/Assessor with copies of at least ten (10) MS PowerPoint slides that you have created. These form the evidence of your presentation and you will not be eligible for a competent grade if you have not supplied them.

For those risks that are High, Extreme or considered to be unacceptable, they need to be evaluated and specific action plans need to be developed to manage the risk appropriately.

Table 1: Risk Action Plan EXAMPLE

(Example of Risk Action Plan relating to a "Marquee Collapse" for an event)

RISK ACTION PLAN

Item 1

Risk Identified: Marquee Collapse

Summary (RECOMMENDED RESPONSE AND IMPACT)

To ensure that the Marquee Installer completes an inspection checklist, submits it to the event organiser and to develop a procedure to have the marquee dismantled in the event of unacceptable wind speed, to ensure that the risk of collapse is acceptable.

1) Proposed

Actions

• Contact Marquee company and advise that they will need to complete it and submit it to the event organiser once the marquee is erected.

• Develop a procedure for dismantling of the Marquee in response to unacceptable wind speed.

2) Resource Requirements

• Time of Event Organiser

• Assess to computer

• Phone

3) Responsibilities

Responsibility of Event Organiser to contact Marquee Company, collect completed checklist from Installer, and to develop dismantling procedure. Marquee company to be contacted with regard to level of wind speed that is unacceptable.

4) Timing

• Procedure to be completed prior to event.

• Marquee company to be notified of checklist requirement one month prior to the event.

5) Reporting/Moni toring

• Event Organiser to remind Marquee Company of checklist requirement within seven days of the event.

• Completed checklist to be obtained from Installer immediately after erection of Marquee.

Table 2: Template of Risk Action Plan

RISK ACTION PLAN

Item

Risk Identified:

Location/Function

Summary (RECOMMENDED RESP ONSE AND IMPACT)

1) Proposed Actions

2) Resource Requirements

3) Responsibilities

4) Timing

5) Reporting/Monitoring

Table 3: Risk Treatment Schedule and Plan

Compiled by:.......................... Date.............

Function/Activity:...............................

Reviewed by:.......................... Date..............

Risk Possible Treatment

Options Preferred Options Risk Rating BEFORE Treatment Risk Rating AFTER Treatment Cost/benef it Analysis A: Accept B: Reject Person Responsible for Implementation Time-table How will it be monitored?

1 Marquee Collapse (EXAMPLE ONLY) Not install Marquees Have installer complete a checklist/inspecti on of the Marquee once erected. Ensure First Aid qualified personnel are employed at the event. Obtain from the Installers a wind speed that once reached, the marquee must be taken down. 1. Have installer complete a checklist/Ins pection of the Marquee once erected.

2. Obtain from the Installers a wind speed that once reached, the marquee must be taken down. 3 + D = M (Medium) 3 + E = L
(Low) A Event Organiser _________ Name: _________ Immediate and on going as required. Event Organiser to advise Installers of requireme nt for checklist to be completed prior to event. Checklist to be retained once completed by the event organiser. Procedure for dismantlin g of marquee to be developed based on wind speed prior to event.

Q1. Explain why it is important to analyse risks and in your answer explain what is involved when analysing risk. (e.g. assess likelihood of risks occurring).

Q2. Suggest how you should determine the most appropriate options for treating risks. What processes may be involved?

Q3. Explain the documentation required for risk management and how should this information be appropriately stored do you think? Answer

Q4. Why is it important to implement and monitor your action plan? What might this require?

Q5. Additional question:

The student's underpinning kno wledge was: ? Satisfactory ? Not Satisfactory Feedback to student: Student signature: Assessor signature.