BSBPMG517 Manage Project Risk Assessment Task 3: Risk Monitoring and Assessment Project

Assessment Task 3: Risk Monitoring an Assessment Project Task summary This assessment task requires you to evaluate a risk control measure that you identified for a risk in Assessment Task 2, and implement changes in response to this. This assessment is to be completed in the simulated work environment in the RTO. Required Computer and Microsoft Office Access to the internet for research Training Survey Results Manager Feedback Evaluation Report Template Timing The assessor will advise you of the due date of this submission. Submit Email to your assessor with your Evaluation report attached. Email to your assessor announcing risk Read More …

Risk Management Plan Template Assessment 2 with Questions and Answers

King Edward VII College Risk Management Plan The risk assessment process will be used by the management team to ensure risk control methods are included in all organisational planning, management of operations and governance. Definitions The following definitions are based on the Australian and New Zealand Risk Management Standard AS/NZS 4360:2004. Risk The chance of something happening which will have an impact upon objectives. It is measured in terms of consequence and likelihood. Likelihood A qualitative description or synonym for probability or frequency Consequence The outcome of an event or situation, expressed qualitatively or quantitatively, being a loss, injury, disadvantage Read More …