Course Title: Manage risk
Part B: Course Detail
Teaching Period: Term1 2022
Course Code: BUSM7928C
Course Title: Manage risk
Important Information:
Please note that this course may have compulsory in-person attendance requirements for some teaching activities.
To participate in any RMIT course in-person activities or assessment, you will need to comply with RMIT vaccination requirements which are applicable during the duration of the course. This RMIT requirement includes being vaccinated against COVID-19 or holding a valid medical exemption.
Please read this RMIT Enrolment Procedure as it has important information regarding COVID vaccination and your study at RMIT: https://policies.rmit.edu.au/document/view.php?id=209.
Please read the Student website for additional requirements of in-person attendance: https://www.rmit.edu.au/covid/coming-to-campus
Please check your Canvas course shell closer to when the course starts to see if this course requires mandatory in-person attendance. The delivery method of the course might have to change quickly in response to changes in the local state/national directive regarding in-person course attendance.
School: 525T Business & Enterprise
Campus: City Campus
Program: C5399 - Diploma of Logistics
Course Contact: Annie Barry
Course Contact Phone: +61 3 9925 5493
Course Contact Email: Anahita.barry@rmit.edu.au
Name and Contact Details of All Other Relevant Staff
Lorraine Hall
Email: Lorraine.Hall@rmit.edu.au
Nominal Hours: 60
Regardless of the mode of delivery, represent a guide to the relative teaching time and student effort required to successfully achieve a particular competency/module. This may include not only scheduled classes or workplace visits but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
Pre-requisites and Co-requisites
None
Course Description
This unit involves the skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.
It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.
National Codes, Titles, Elements and Performance Criteria
National Element Code & Title: |
BSBRSK501 Manage risk |
Element: |
1. Establish risk context |
Performance Criteria: |
1.1 Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards 1.2 Determine scope for risk management process 1.3 Identify internal and external stakeholders and their issues 1.4 Review political, economic, social, legal, technological and policy context 1.5 Review strengths and weaknesses of existing arrangements 1.6 Document critical success factors, goals or objectives for area included in scope 1.7 Obtain support for risk management activities 1.8 Communicate with relevant parties about the risk management process and invite participation |
Element: |
2. Identify risks |
Performance Criteria: |
2.1 Invite relevant parties to assist in the identification of risks 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 |
Element: |
3. Analyse risks |
Performance Criteria: |
3.1 Assess likelihood of risks occurring 3.2 Assess impact or consequence if risks occur 3.3 Evaluate and prioritise risks for treatment |
Element: |
4. Select and implement treatments |
Performance Criteria: |
4.1 Determine and select most appropriate options for treating risks 4.2 Develop an action plan for implementing risk treatment 4.3 Communicate risk management processes to relevant parties 4.4 Ensure all documentation is in order and appropriately stored 4.5 Implement and monitor action plan 4.6 Evaluate risk management process |
Learning Outcomes
This course is structured to provide students with the optimum learning experience in order to demonstrate the skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.
Details of Learning Activities
A range of learning activities are planned for this course including self-paced and collaborative classroom based activities.
The collaborative classroom based activities will include group discussion, group problem solving activities and opportunities to practice your skills in a simulated/real workplace environment.
We expect you to participate and contribute in all scheduled learning activities.
Teaching Schedule
The nominal hours associated with this are a guide only and represent the total teaching time and student effort required to successfully complete this course. This may include not only scheduled classes but also the amount of effort required to undertake, evaluate and complete all assessment requirements, including any non-classroom activities.
This course is co-delivered and co-assessed with OHTH6002C - BSBWHS521 Ensure a Safe Workplace for a Work Area and BUSM8878C - TLIF0014 Monitor the Safety of Transport Activities (Chain of Responsibility)
Week |
Week Beginning |
Topic |
Learning Materials and Activities |
Assessment Remarks |
1 |
7 Feb 2022 |
Introduction to the course of clustered units. |
This week we will cover course requirements and support documents / resources. Including:
We introduce the topic of the 3 units and how they fit into the Diploma of Logistics. Activities
|
|
2 |
14 Feb 2022 |
Introduction to Chain of Responsibility and the unit of “Monitor the Safety of Transport Activities”
|
This week we will discuss:
Activities |
|
3 |
21 Feb 2022 |
Administer & monitor CoR & workplace policies |
This week we will discuss:
Activities |
|
4 |
28 Feb 2022 |
CoR controls |
This week we will discuss:
Activities |
|
5 |
7 March 2022 |
Ensure A Safe Workplace / Manage Risk Fundamentals(1) |
This week we will discuss:
Class Activity: |
|
6 |
14 March 2022 |
Ensure A Safe Workplace / Manage Risk Fundamentals(2) |
This week we will continue to discuss:
Activities |
|
7 |
21 March 2022 |
Ensure A Safe Workplace / Manage Risk Compliance & standards |
This week we will discuss:
Activities: |
|
8 |
28 March 2022 |
Ensure A Safe Workplace / Manage Risk Reporting & consultation. |
This week we discuss:
Activities: |
Assessment 1 Due |
9 |
4 April 2022 |
Ensure A Safe Workplace / Manage Risk Systems & procedures |
This week we will discuss:
Activities: |
|
10 |
11 April 2022 |
Ensure A Safe Workplace / Manage Risk Review week |
This week we will discuss: Quick review of previous weeks.
Activities: |
Assessment Task 2 Due |
Mid-semester Break 14th to 20th April 2022 inclusive | ||||
11 |
25 April 2022 |
Ensure A Safe Workplace / Manage Risk Continuous Improvement & Risk management |
This week we will discuss: Activities: |
|
12 |
2 May 2022 |
Ensure A Safe Workplace / Manage Risk Risk documentation & analysing |
This week we will discuss:
Activities: |
|
13 |
9 May 2022 |
Ensure A Safe Workplace / Manage Risk Analysis & evaluation |
This week we will discuss:
Activities: |
Assessment Task 3 Due this week |
14 |
16 May 2022 |
Reviewing CoR, Ensure A Safe Workplace and Manage Risk application in the logistics industry |
This week we summarise our learning of the program regarding Ensure a Safe Workplace and Risk Management & CoR Activities: |
|
15 |
23 May 2022 |
Assessment Task 4 class time |
This week will be dedicated to assessments and re-submission of assessments if needed |
Assessment Task 4 Due this week |
16 |
30 May 2022 |
Feedback, Resit, Resubmit |
This week will be for re-submission of assessments if needed |
|
17 |
6 June 2022 |
Resit and Resubmit |
This week will be the final week for re-submission of assessments if needed |
Learning Resources
Prescribed Texts
References
Other Resources
Overview of Assessment
Assessment Methods
Assessment methods have been designed to measure achievement of the requirements in a flexible manner over a range of assessment tasks, for example:
- direct questioning combined with review of portfolios of evidence and third party workplace reports of on-the-job performance by the candidate
- review of final printed documents
- demonstration of techniques
- observation of presentations
- oral or written questioning to assess knowledge of software applications
You are advised that you are likely to be asked to personally demonstrate your assessment work to your teacher to ensure that the relevant competency standards are being met.
Performance Evidence
You will be required to provide evidence of the following skills:
- analyse information from a range of sources to identify the scope and context of the risk management process including:
- stakeholder analysis
- political, economic, social, legal, technological and policy context
- current arrangements
- objectives and critical success factors for the area included in scope
- risks that may apply to scope
- consult and communicate with relevant stakeholders to identify and assess risks, determine appropriate risk treatment actions and priorities and explain the risk management processes
- develop and implement an action plan to treat risks
- monitor and evaluate the action plan and risk management process
- maintain documentation.
Knowledge Evidence
You are required to provide evidence of the following:
- outline the purpose and key elements of current risk management standards
- outline the legislative and regulatory context of the organisation in relation to risk management
- outline organisational policies, procedures and processes for risk management.
Feedback
Feedback will be provided throughout the semester in class and/or online discussions. You are encouraged to ask and answer questions during class time and online sessions so that you can obtain feedback on your understanding of the concepts and issues being discussed. Finally, you can email or arrange an appointment with your teacher to gain more feedback on your progress.
You should take note of all feedback received and use this information to improve your learning outcomes and final performance in the course.
Assessment Tasks
This course is co-delivered and co-assessed with OHTH6002C - BSBWHS521 Ensure a Safe Workplace for a Work Area and BUSM8878C - TLIF0014 Monitor the Safety of Transport Activities (Chain of Responsibility)
There are a total of four (4) assessment tasks students need to complete for the three courses clustered together. Students need to complete all four (4) assessment tasks satisfactorily, in order to be deemed competent.
Assessment Task 1 – Chain of Responsibility
Date and time due: Week 8
Purpose:
This practical assessment will allow you to demonstrate your ability to determine and monitor chain of responsibility (CoR) features in the Heavy Vehicle National Law (HVNL) or applicable state/territory law and regulations. It also involves administering and monitoring chain of responsibility workplace policies and procedures, and identifying and reporting chain of responsibility risks.
Assessment Task 2 – Record Keeping
Date and time due: Week 10
Purpose:
This assessment will allow you to demonstrate your ability to use a system for WHS record keeping to allow identification of patterns of occupational injury and disease in the organisation, and to maintain a record of WHS decisions made, including reasons for decisions.
Assessment Task 3 – Policies & Procedures
Date and time due: Week 13
Purpose:
This practical assessment will allow you to demonstrate your ability to establish, maintain and evaluate an organisation’s work health and safety (WHS) policies, procedures and programs in a work area to ensure a safe workplace, according to WHS legislative requirements. It takes a systems approach and addresses compliance with relevant legislative requirements.
Assessment Task 4 – Risk Management
Date and time due: Week 15
Purpose:
This assessment will allow you to demonstrate your ability to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.
Assessment Matrix
The assessment matrix that maps all the assessments is available on the LMS (Canvas).
Submission Requirements
You should:
- Ensure that you submit assessments on or before the due date via Canvas.
- Always retain a copy of your assessment tasks. (hard copy and soft copy
- When you submit work for assessment at RMIT University you need to use the Assessment task document that includes a declaration and statement of authorship.
- Each page of your assessment should include a footer with your name, student number, the title of the assessment unit code and title and page numbers.
Late Submission Procedures
You are required to submit assessment items and/or ensure performance based assessment is completed by the due dates.
Extension of Time. If you are prevented from submitting an assessment item on time by circumstances outside your control, you may apply in advance to your teacher for an extension to the due date of up to seven calendar days.
More information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/extensions-of-time-for-submission-of-assessable-work
Form to use is found in the section "How to apply."
Special Consideration. Where more than seven days is needed, you must apply for Special Consideration. Applications for special consideration must be submitted no later than two working days after the assessment task deadline or scheduled examination.
More information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/special-consideration
Resubmission (VE Programs)
If you are found to be Not Yet Competent in a course assessment task (or you do not submit the assessment tasks/attend the assessment) you will be allowed one resubmission. Your teacher will provide feedback regarding what you need to do to improve and will set a new deadline for the resubmission in Canvas.
If you are still not meeting the assessment requirements you must apply to your Program Manager in writing outlining the steps you will take to demonstrate competence in your course. Your submission will be considered by the Program Team and you will be advised of the outcome as soon as possible.
Adjustments to Assessment
In certain circumstances students may be eligible for an assessment adjustment.
More information: https://www.rmit.edu.au/students/student-essentials/assessment-and-exams/assessment/adjustments-to-assessment
Marking Guide (Competency):
You must demonstrate that you have all the required skills/knowledge/elements in the unit of competency you are studying. You will receive feedback on each assessment task that will inform you about your progress and how well you are performing.
- CA Competency Achieved
- NYC Not Yet Competent
- DNS Did Not Submit for assessment
Other Information
Academic Integrity
Plagiarism
Plagiarism is a form of cheating in assessment and may occur in oral, written or visual presentations. It is the presentation of the work, idea or creation of another person, without appropriate referencing, as though it is your own.
The penalties for cheating in assessment are severe, whether the cheating involves plagiarism, fabrication, falsification of data, copyright infringement or some other method. Penalties can include charges of academic misconduct, cancellation of results and exclusion from your course. It is also a disciplinary offence for you to allow your work to be plagiarised by another student.
Referencing
RMIT Business produce their own referencing guidelines entitled written reports and essays: guidelines for referencing and presentation in RMIT Business which all Business students should use.
RMIT Business referencing guidelines (RTF, 1,286 KB, 52 pages). A supporting Referencing website has been developed for the RMIT Business guidelines. You can find out more about Academic Integrity at RMIT Academic Integrity webpage.
Course Overview: Access Course Overview