{"id":6575,"date":"2024-10-01T10:57:09","date_gmt":"2024-10-01T10:57:09","guid":{"rendered":"https:\/\/assignmenttask.com\/answers\/?p=6575"},"modified":"2024-10-01T10:57:09","modified_gmt":"2024-10-01T10:57:09","slug":"othm-level-7-principles-of-risk-management-assignment","status":"publish","type":"post","link":"https:\/\/assignmenttask.com\/answers\/othm-level-7-principles-of-risk-management-assignment\/","title":{"rendered":"OTHM Level 7 Principles of Risk Management Assignment"},"content":{"rendered":"

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Unit Aims<\/strong><\/h3>\n

The aim of this unit is to develop learners\u2019 understanding of legislative frameworks that contributed to design on risk assessment plans in organisations and learn the basics of ISO standards. ISO is a universally recognised international standard that provides principles and guidelines on risk management. These standards provide principles, a framework, and a process for managing risk that can be used by any organisation. The learners will become aware of the principles of the ISO standards.<\/p>\n\n\n\n\n\n\n
Learning Outcomes \u2013 the learner will:<\/td>\nAssessment Criteria \u2013 the learner can:<\/td>\n<\/tr>\n
1. Understand risk management principles.<\/td>\n1.1\u00a0 Define risk in an organisational context.<\/p>\n

1.2\u00a0 Explain risk management in an organisational context.<\/p>\n

1.3\u00a0 Evaluate three stage risk management process in an organisational context.<\/p>\n

1.4\u00a0 Assess the importance of effective risk management.<\/p>\n

1.5\u00a0 Critically evaluate five basic methods for risk management<\/td>\n<\/tr>\n

2. Understand key legislation frameworks that influence risk management decision making in an organisation.<\/td>\n2.1\u00a0 Describe five legislative factors that influence health and safety risk assessment considerations.<\/p>\n

2.2\u00a0 Analyse the influence of relevant legislation, legal factors and regulatory bodies on health and safety in an organisation of your choice.<\/p>\n

2.3\u00a0 Evaluate the importance of legislative framework on risk management in your chosen organisation.<\/td>\n<\/tr>\n

3. Evaluate the scope and implications of risk management standards.<\/td>\n3.1\u00a0 Critically evaluate the scope of relevant ISO standards in your chosen organisation.<\/p>\n

3.2\u00a0 Assess the focal points of ISO standards \u2018harmonisation\u2019 programmes and its impact on your chosen organisation.<\/p>\n

3.3\u00a0 Examine the application of ISO standards in managing risks in an organisation.<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

Scenario:<\/strong><\/h3>\n

You are employed as a Trainee Operations Manager in a Private Health Care Clinic in London<\/strong><\/a>. The company provides health care services to a growing list of private clients. The clinic is planning to open a new branch in Birmingham. The Managing Director has asked you to lead a small team from the office and involve consultants to plan and execute this new branch opening.<\/p>\n

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Task 1 of 1: Management Report<\/strong><\/h3>\n

The Managing Director has asked you to prepare a report which should reassure the senior management team your capability in dealing with the venture.<\/p>\n

To develop your Management Report, you must apply relevant theoretical concepts, models and Principles of Risk Management, relate them with real world examples of given organisational context and critically analyse your arguments and arrive at justifiable recommendations<\/h4>\n

Instructions:<\/strong><\/h3>\n

The following requirements need to be addressed when preparing the report:<\/p>\n

Section A (ACs 1.1, 1.2, 1.3, 1.4, 1.5)<\/strong><\/h4>\n