List the assessment methods to be used and the context and resources required for assessment. Copy and paste the relevant sections from the evidence guide below and then re-write these in plain English.
The candidate must demonstrate the ability to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including evidence of the ability to:
lead at least one risk management process for an organisation or work area.
In the course of the above, the candidate must:
analyse information from a range of sources to identify the scope and context of the risk management process, including:
stakeholder analysis
political, economic, social, legal, technological and policy context
current arrangements
objectives and critical success factors for the area included in scope
risks that may apply to scope
consult and communicate with stakeholders to identify and assess risks, determine appropriate risk treatment actions and priorities and explain the risk management processes
develop and implement an action plan to treat risks
monitor and evaluate the action plan and risk management process
maintain documentation.
The candidate must be able to demonstrate knowledge to complete the tasks outlined in the elements, performance criteria and foundation skills of this unit, including knowledge of:
legislative and regulatory context of the organisation in relation to risk management
organisational policies, procedures and processes for risk management, including document storage
types of business risks
options for treating risks
risk management process
purpose and key elements of current risk management standards
tools and techniques to identify risks to scope risk management processes.
Skills in this unit must be demonstrated in a workplace or simulated environment where the conditions are typical of those in a working environment in this industry.
This includes access to:
legislation, regulations, standards and codes relating to risk management
workplace documentation and resources relating to risk management.
Assessors of this unit must satisfy the requirements for assessors in applicable vocational education and training legislation, frameworks and/or standards.