BSBRSK401 Identify Risk And Apply Management Processes

January 10, 2019
[BSBRSK401 IDENTIFY RISK AND APPLY
MANAGEMENT PROCESSES]
ASSESSMENT TASK 1- Submission-15th Jan
Review the Macville scenrio /Appendix 1/
1. Prepare risk identification tools /checklist/
2. A complete risk register template /Appendix 2 /
3. A complete risk treatment action plan /Appendix 3/
4. A write reflection report /follow the question guide/
5. Participate role play with 3 stakeholders
o Consultation role play with Operations Manager
o Consultation role play with Human Resources Manager
o Choice of any stakeholder from the list
Tools checklist example: CHECKLIST
Area of uncertainty Checked
Legislative, regulations
Financial
Environmental and sustainability
Community and Social
Public relations
Operation
Ethical and Moral
Contractual and legal
Communication
Project delivery and implementation
....

January 10, 2019
[BSBRSK401 IDENTIFY RISK AND APPLY
MANAGEMENT PROCESSES]
Appendix 2: MacVille risk register template
Risk Risk
consequenc
e
Risk
likelihood /
R
are, Unlikely,
Possible, Likely,
Almost certain/
Risk level
(Low, Medium,
High, Extreme)
Control/s
1. Import
related
risks
(such as
increase
in tariff /
Dampens the
business of
supplying
coffee to
cafes and
restaurants
causing
disruption in
supply
Possible
Extreme
Get and store
additional
supply of
coffee
2. Supply
risks
(spoiling
of
supplier
relationsh
ip)
Spoils
business of
the
organisation
Likely High
Appoint
person to
maintain
relationship
with supplier
3. Workforce
risks
Has capability
to spoil
smooth flow
of the
business
Possible Medium Negotiate
with the union
for any
challenges
being faced
by the
workforce
Review and maintenance requirements:
Each business process is to be reviewed on a timely basis for varied maintenance
purposes. Frequent review and maintenance of the assets and supplier
relationship will enable the business to function in a smooth manner. Staffs and
employees will need to be appointed such that they can review and monitor the
maintenance of these assets and technology as well as supplier relationships.

January 10, 2019
[BSBRSK401 IDENTIFY RISK AND APPLY
MANAGEMENT PROCESSES]
Appendix 3: MacVille risk treatment action plan
template
Risk treatment
activity
Recources
required
Person
responsible Timelines
1. Plan and
schedule
demand
according
take
imports
Demand
scheduling
Inventory manager
4 weeks
2. Manage
supplier
relationshi
p with
assigned
personnel
Supplier
relationship
handling
Manager handling
supplier’s/ Supply
chain manager
5-6 weeks
3. Prepare a
HR plan
for
managem
ent of
employee
s
Handling
employees
effectively
Human Resource
Manager
4 weeks
Review and maintenance requirements:
The risk treatment activities need to be reviewed in a frequent manner and
updated timely. Review and maintenance of such planning activities will
ensure that all risks are appropriately catered to.
4. Consultation role play 1-Operation Manager
You: Hello, I would like to discuss about business direction of the company?
Operation Manager: Good morning, great, I was wondering a this discussion earlier. We need to
discuss about new supplier situation urgently.
You: What is the current situation with the new supplier? We should be able to make new tie-ups