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Assessment Information
Class Slides
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Class Introduction
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Lecture 1 Monday 31 August 2020
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Tutorial 1 Thursday 3 September 2020
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Lecture 2 Monday 7 September 2020
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Tutorial 2 Thursday 10 September 2020
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Lecture 3 Monday 14 September 2020
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Tutorial 3 Thursday 17 September 2020
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Lecture 4 Monday 21 September 2020
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Tutorial 4 Thursday 24 September 2020
Class Recordings
Events Recordings
1. Establish risk context
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1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards - Introduction
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1.2 Determine scope for risk management process - Understand Risk and Risk Management
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Learning Activity: Risk Consultants
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Valuable Resources
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Learning Activity: The Business of Lard
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Loss Evaluation
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Learning Activity: Resources
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Strategic Resources
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Learning Activity: Strategic Resource
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Risk Types
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Learning Activity: Types of Risk
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What is Risk Management?
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Learning Activity: Electronic Risk Management Tools
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Risk Management - Principles and Guidelines
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Learning Activity: Risk Management Principles
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Activity 1 - Gemma's Interview
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Book Recommendation
1. Establish risk context
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The Risk Management Process
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Learning Activity: Risk Process Scope
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Policies and Procedures
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Risk Management Strategy
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Learning Activity: Examine Risk Management Documentation
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1.3 Identify internal and external stakeholders and their issues - Stakeholders
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Learning Activity: Stakeholders
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Learning Activity: Stakeholders in the Risk Process
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Learning Activity: Communicating with Stakeholders
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1.4 Review political, economic, social, legal, technological and policy context - Understand Importance of Relevant Legislation
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1.5 Review strengths and weaknesses of existing arrangements - WHS Legislation
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Learning Activity: WHS Legislation
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Privacy Act 1988
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Contract Law
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Learning Activity: Application of Australian Privacy Principles
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Learning Activity: Contracts
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1.6 Document critical success factors, goals or objectives for area included in scope - Company Law
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Learning Activity: ASIC
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ASIC
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Learning Activity: Director's Responsibilities
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Company Records Compliance
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Learning Activity: Financial Record-Keeping
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The Fair Work Act 2009
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The Fair Work System
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Learning Activity: Unfair Dismissal
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Awards - Industrial Instruments
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Learning Activity: Awards
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1.7 Obtain support for risk management activities - Section Summary
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Blog Recommendations
2. Identify risks
2. Identify risks
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2.1 Invite relevant parties to assist in the identification of risks
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Checklists
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Learning Activity: Checklists
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Brainstorming
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Affinity Diagrams
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Learning Activity: Staff Input to Risk Management
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Fishbone Diagrams
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Learning Activity: The 8 P's
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Flowcharts
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Learning Activity: Flowcharts
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Learning Activity: Risk Management Tools
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2.2 Research risks that may apply to scope
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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
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Interviews
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Focus Groups
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Observations
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Questionnaires
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Diaries
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Secondary Data Collection Techniques
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Quality of Information
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Learning Activity: Risk Research
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Involve Others in Risk Identification
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Learning Activity: Staff Involved
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Section Summary
3. Analyse risks
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Introduction
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Analyse Risk
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3.1 Assess likelihood of risks occurring - Likelihood (Frequency)
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Learning Activity: Board Role for Risk Management
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Learning Activity: Risk Likelihood
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Learning Activity: Revised Risks
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3.2 Assess impact or consequence if risks occur - Consequence (Severity)
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Learning Activity: Risk Consequence
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Learning Activity: One of each
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3.3 Evaluate and prioritise risks for treatment - Evaluate Risk
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Learning Activtiy: Risk Evaluation
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Learning Activity: Risk Priorities
4. Select and implement treatments
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Types of Analysis
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Learning Activity: Financial Loss
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Learning Activity: Extreme Action
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4.1 Determine and select most appropriate options for treating risks - Determine Risk Treatment Options
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Hiearchy of Control
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Learning Activity: Risk Treatment Options
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Learning Activity: Risk Controls in a Shop-Environment
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Assessing Risk Treatment Options
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Learning Activity: Risk vs. Freedom
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Learning Activity: Common Business Risks
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Develop an Action Plan for Treating Risks
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Learning Activity: Risk Timelines
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4.2 Develop an action plan for implementing risk treatment - Risk Action Plan
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Learning Activity: Action Plans
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Internal Control Procedures
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Learning Activity: Internal Controls
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Physical Controls
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Learning Activity: Physical Controls
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Insurance
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Choosing an Insurance Company
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Learning Activity: Risk Insurance 1
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Types of Insurance
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Learning Activity: Drivers vs. Insurance
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Learning Activity: Credit Card Risk
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Learning Activity: Risk Insurance 2
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Workplace Adjustment
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Employment Assistance Fund
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Learning Activity: Risk Management and Workplace Modifications
4. Select and implement treatments
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Introduction
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Implement the Risk Action Plan
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4.3 Communicate risk management processes to relevant parties - Communicating the Plan
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Learning Activity: Communicating the Plan
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Senior Management Support
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Learning Activity: Gaining Staff Support
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Communicating with Internal Stakeholders
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Communicating with External Stakeholders
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Learning Activity: Communicating Plans
4. Select and implement treatments
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4.4 Ensure all documentation is in order and appropriately stored - Documenting Procedures
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Learning Activity: Risk Management Policy
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Naming and Securing Documents
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Learning Activity: Organisational Requirements for Storage
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Training
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Learning Activity: Risk Reduction Training
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Responsibility
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Learning Activity: Risk Management Responsibilities
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Resources
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Learning Activity: Professional Development
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4.5 Implement and monitor action plan - Monitor the Risk Action Plan
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Identify One Person Responsible For Risk Management
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Learning Activity: Monitoring Risk
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Keep Procedures Up-To-Date
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Learning Activity: Risk Management Documentation
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Reassess Risks
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Learning Management: Risk Management Review
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Report on Risk Management
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Learning Activity: Risk Management Reporting
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Learning Activity: Organisational Risk Management
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Learning Activity: Risk Management Monitoring Approaches
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4.6 Evaluate risk management process - Evaluate the Risk Management Process
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Learning Activity: Success
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Section Summary
