Risk Identification and Analysis for EPIC

Assessment Coversheet
Student Name CIT
Number
Competency Title,
Code and Banner Code
CRN
Manage Risk BSBRSK501
MGNT615
CRN 11434
Assessment Type Written Case Study Project Presentation Other
Assessment Name Assessment 2 – Identify Risks and Analyse risks
Assessment Date Due Tuesday 11 September 2018 Week 8
Student Statement: This assessment is my own work. Any ideas and comments made by
other people have been acknowledged. I understand that by emailing or submitting this
assessment electronically, I agree to this statement.
Student Signature Date
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purposes. The information will only be used in accordance with the CIT Privacy Policy.
Assessor Feedback
 Student provided with feedback
Attempt 1 Satisfactory Not Yet
Satisfactory Date / /
Attempt 2 Satisfactory Not Yet Date / /
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Satisfactory
Supplementary
Assessment
(Apprentices/Trainees
only)
Satisfactory Not Yet
Satisfactory
Date / /
Assessor Name Assessor Signature
Note to Assessor: Please record any reasonable adjustment that has occurred for this
assessment.
Instructions to Assessor
Work, Health and Safety: A work health and safety check of the assessment environment is
to be conducted prior to the assessment and any hazards addressed appropriately.
List the time, materials provided and assessment range and conditions on the next page
These sections should be detailed enough for multiple assessors to consistently implement the
assessment and include details of location, time restrictions, level of assistance permitted (if
any), WHS, environment protocols, etc. The student should have access to techniques,
procedures, information, resources and aids which would normally be available in the
workplace. Include if open or closed book.
Materials to be supplied may include: assessment paper, site plan, text, internet access, etc.
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Information for Students: You may have two (2) attempts for this assessment.
 If your first attempt is not successful, your teacher will discuss your results with you and will arrange a second attempt (provided the assessment was
submitted by the due date).
 If your second attempt is not successful, you will be required to re-enrol in this unit.
Only one re-assessment attempt will be granted for each assessment item, with the exception of Apprentices or Trainees who are permitted an additional
supplementary assessment.
Materials Provided: Risk Management Template. eLearn
Assessment Range and Conditions:
Assessment uploaded to eLearn by due date, resources available on eLearn and ISO 31000 online
Assessment Criteria: To achieve a Satisfactory result, your assessor will be looking for your ability to demonstrate the key skills/tasks/knowledge detailed
in the Assessment Task to industry standard.
1. Establish risk context
2. Identify risks
3. Analyse risks
Assessment 2 – in class oral / written evidence
Individual “in class” presentation (informal five minutes) with written evidence (1,200 words) uploaded to eLearn. Compulsory attendance.
This assessment covers the identification major risks and minor risks. You will first
Risk Reference The Risks: Major What can happen? A description of the risk Source How can this happen? Drivers to the risk
Contributor or source of the risk Impact /Outcome What will be the outcome or effect, if what can happen does happen? Impact on the business
objectives Impact from the event happening Consequence Risk Owner – the officer responsible for managing the risk
The risk matrix is presented next,
Risk Reference Risk Controls which are currently in place
Major:
This field is for the risk controls that already exist and are currently managing the risk
Inherent Risk Rating Consequence Likelihood Inherent Risk Rating Control Effectiveness Rating
The final part of this assessment is a brief summary. The assessment tools are provided via eLearn.
S / NYS / F
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Risk Register part 1 – risk identification (Read left to right with Risk Register Part 2)
Risk Reference
The Risk: Major
What can happen?
A description of the risk
Source
How can this happen?
Drivers to the risk
Contributor or source of the risk
Impact /Outcome
What will be the outcome or
effect, if what can happen does
happen?
Impact on the business
objectives
Impact from the event
happening
Consequence
Risk Owner –
the officer
responsible
for managing
the risk
Assets
Improper facility of cyclical
maintenance as well as assets
management programs.
It is found that improper maintenance of
assets management program can create
problem in managing the assets quite
effectively.
If appropriate assets management
program is not developed then it
can raise number of challenges in
successfully managing the assets
that are needed during the event.
Assest manager
Compliance/
regulation
If proper regulation is not followed
then it would be quite difficult to
host both the indoor as well as
outdoor events.
The main risk contributor is the improper
utilization of compliance as well as
regulation within the indoor as well as
outdoor events.
Due to improper use of
regulation number of legal
challenges and issues can occur
within the organization.
HR manager,.
People
If appropriate environment is not
provided to the people so that they
can be able to meet their visitors
then it can raise number of issues
and challenges.
The main reason is impropriate
refurbishment of the facility that are required
to be used by the people.
If proper environment is not
provided then the people will face
problem in meeting, relaxing as
well as exchanging goods in a
proper environment.
Facility
manager/ HR
manager
Environment
The organization is facing number
of challenges in improving the
sustainability of the environment
This risk mainly occurs due to absence of
environmentally sustainable facility of venue
for the customers.
Due to improper steps in
improving the environment
sustainability it is very much
Operational
manager
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cit.edu.au Date updated: 2/06/2023