Introduction to Subject
1. Establish risk context
-
1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards - Introduction
-
1.2 Determine scope for risk management process - Understand Risk and Risk Management
-
Learning Activity: Risk Consultants
-
Valuable Resources
-
Learning Activity: The Business of Lard
-
Loss Evaluation
-
Learning Activity: Resources
-
Strategic Resources
-
Learning Activity: Strategic Resource
-
Risk Types
-
Learning Activity: Types of Risk
-
What is Risk Management?
-
Learning Activity: Electronic Risk Management Tools
-
Risk Management - Principles and Guidelines
-
Learning Activity: Risk Management Principles
-
Activity 1 - Gemma's Interview
-
Book Recommendation
-
Recommended Videos
-
Additional Readings
-
Recommended Articles
1. Establish risk context
-
The Risk Management Process
-
Learning Activity: Risk Process Scope
-
Policies and Procedures
-
Risk Management Strategy
-
Learning Activity: Examine Risk Management Documentation
-
1.3 Identify internal and external stakeholders and their issues - Stakeholders
-
Learning Activity: Stakeholders
-
Learning Activity: Stakeholders in the Risk Process
-
Learning Activity: Communicating with Stakeholders
-
1.4 Review political, economic, social, legal, technological and policy context - Understand Importance of Relevant Legislation
-
1.5 Review strengths and weaknesses of existing arrangements - WHS Legislation
-
Learning Activity: WHS Legislation
-
Privacy Act 1988
-
Contract Law
-
Learning Activity: Application of Australian Privacy Principles
-
Learning Activity: Contracts
-
1.6 Document critical success factors, goals or objectives for area included in scope - Company Law
-
Learning Activity: ASIC
-
ASIC
-
Learning Activity: Director's Responsibilities
-
Company Records Compliance
-
Learning Activity: Financial Record-Keeping
-
The Fair Work Act 2009
-
The Fair Work System
-
Learning Activity: Unfair Dismissal
-
Awards - Industrial Instruments
-
Learning Activity: Awards
-
1.7 Obtain support for risk management activities - Section Summary
-
Class Resources
-
Blog Recommendations
2. Identify risks
2. Identify risks
-
2.1 Invite relevant parties to assist in the identification of risks
-
Checklists
-
Learning Activity: Checklists
-
Brainstorming
-
Affinity Diagrams
-
Learning Activity: Staff Input to Risk Management
-
Fishbone Diagrams
-
Learning Activity: The 8 P's
-
Flowcharts
-
Learning Activity: Flowcharts
-
Learning Activity: Risk Management Tools
-
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 - Primary Data Collection Techniques
-
Interviews
-
Focus Groups
-
Observations
-
Questionnaires
-
Diaries
-
Secondary Data Collection Techniques
-
Quality of Information
-
Learning Activity: Risk Research
-
Involve Others in Risk Identification
-
Learning Activity: Staff Involved
-
Section Summary
3. Analyse risks
-
Introduction
-
Analyse Risk
-
3.1 Assess likelihood of risks occurring - Likelihood (Frequency)
-
Learning Activity: Board Role for Risk Management
-
Learning Activity: Risk Likelihood
-
Learning Activity: Revised Risks
-
3.2 Assess impact or consequence if risks occur - Consequence (Severity)
-
Learning Activity: Risk Consequence
-
Learning Activity: One of each
-
3.3 Evaluate and prioritise risks for treatment - Evaluate Risk
-
Learning Activtiy: Risk Evaluation
-
Learning Activity: Risk Priorities
-
Week 3 - Resources
4. Select and implement treatments
-
Types of Analysis
-
Learning Activity: Financial Loss
-
Learning Activity: Extreme Action
-
4.1 Determine and select most appropriate options for treating risks - Determine Risk Treatment Options
-
Learning Activity: Risk Treatment Options
-
Learning Activity: Risk Controls in a Shop-Environment
-
Learning Activity: Hiearchy of Control
-
Assessing Risk Treatment Options
-
Learning Activity: Risk vs. Freedom
-
Learning Activity: Common Business Risks
-
Develop an Action Plan for Treating Risks
-
Learning Activity: Risk Timelines
-
4.2 Develop an action plan for implementing risk treatment - Risk Action Plan
-
Learning Activity: Action Plans
-
Internal Control Procedures
-
Learning Activity: Internal Controls
-
Physical Controls
-
Learning Activity: Physical Controls
-
Insurance
-
Choosing an Insurance Company
-
Learning Activity: Risk Insurance 1
-
Types of Insurance
-
Learning Activity: Drivers vs. Insurance
-
Learning Activity: Credit Card Risk
-
Learning Activity: Risk Insurance 2
-
Workplace Adjustment
-
Employment Assistance Fund
-
Learning Activity: Risk Management and Workplace Modifications
-
Class Resources
4. Select and implement treatments
-
Introduction
-
Implement the Risk Action Plan
-
4.3 Communicate risk management processes to relevant parties - Communicating the Plan
-
Learning Activity: Communicating the Plan
-
Senior Management Support
-
Learning Activity: Gaining Staff Support
-
Communicating with Internal Stakeholders
-
Communicating with External Stakeholders
-
Learning Activity: Communicating Plans
4. Select and implement treatments
-
4.4 Ensure all documentation is in order and appropriately stored - Documenting Procedures
-
Learning Activity: Risk Management Policy
-
Naming and Securing Documents
-
Learning Activity: Organisational Requirements for Storage
-
Training
-
Learning Activity: Risk Reduction Training
-
Responsibility
-
Learning Activity: Risk Management Responsibilities
-
Resources
-
Learning Activity: Professional Development
-
4.5 Implement and monitor action plan - Monitor the Risk Action Plan
-
Identify One Person Responsible For Risk Management
-
Learning Activity: Monitoring Risk
-
Keep Procedures Up-To-Date
-
Learning Activity: Risk Management Documentation
-
Reassess Risks
-
Learning Management: Risk Management Review
-
Report on Risk Management
-
Learning Activity: Risk Management Reporting
-
Learning Activity: Organisational Risk Management
-
Learning Activity: Risk Management Monitoring Approaches
-
4.6 Evaluate risk management process - Evaluate the Risk Management Process
-
Learning Activity: Success
-
Section Summary
Additional Resources
Glossary & Appendices
