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Evidence Guide: BSBOPS403 - Apply business risk management processes

Student: __________________________________________________

Signature: _________________________________________________

Tips for gathering evidence to demonstrate your skills

The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!

From the Wiki University

 

BSBOPS403 - Apply business risk management processes

What evidence can you provide to prove your understanding of each of the following citeria?

Analyse and evaluate risks

  1. Analyse risks in consultation with relevant stakeholders
  2. Undertake risk categorisation and determine level of risk
  3. Document analysis processes and outcomes
  4. Identify control measures for risks
  5. Assess strengths and weaknesses of control measures
  6. Refer risks to relevant personnel, where required, according to policies and procedures
  7. Select and implement control measures for personal area of operation and responsibilities
Analyse risks in consultation with relevant stakeholders

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Undertake risk categorisation and determine level of risk

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Document analysis processes and outcomes

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Identify control measures for risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assess strengths and weaknesses of control measures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Refer risks to relevant personnel, where required, according to policies and procedures

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Select and implement control measures for personal area of operation and responsibilities

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor and review effectiveness of risk treatments

  1. Review implemented treatments against measures of success
  2. Use review results to improve the treatment of risks
  3. Monitor and review management of risk in personal area of operation
Review implemented treatments against measures of success

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Use review results to improve the treatment of risks

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Monitor and review management of risk in personal area of operation

Completed
Date:

Teacher:		 Evidence:

 

 

 

 

 

 

 

Assessed

Teacher: ___________________________________ Date: _________

Signature: ________________________________________________

Comments:

 

 

 

 

 

 

 

 

Instructions to Assessors

Required Skills and Knowledge

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 apply organisational policies, procedures and processes to:

treat at least three risks by:

identifying different types of organisational risks

consulting with stakeholders to analyse and evaluate risks

implementing control measures

referring risks that are beyond own area of responsibility to others

maintaining risk management 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

techniques for identifying and evaluating risks

organisational policies and procedures for risk management

areas where risks are commonly identified in an organisation

risks beyond scope of individual responsibility to be referred to relevant organisational personnel

purpose and key elements of current risk management standards.