Assessment Task 2: Risk Identification and Analysis Project Task summary This assessment task requires you, in the role of Project Manager at NatureCare Products, to identify, analyse and evaluate human resources risks associated with establishing new retail outlets for the company. This will involve identifying risks and then meeting with Senior Management to consult on the risks you have identified. Following this, you are required to document risks and control measures in a risk register. This assessment is to be completed in the simulated work environment in the RTO. Required Computer with Microsoft Office and internet access Risk Management Policy Read More …
Tag: Risk Management Plan Answers
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 …