Knowledge Assessment: Continuous Improvement & Risk Management
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Homework Assignment
AI Summary
This document presents a completed knowledge assessment for the units BSBMGT516 (Facilitate Continuous Improvement) and BSBRSK501 (Manage Risk), focusing on a real-world scenario at ABC Foods. The assessment covers various aspects of continuous improvement, including the role of systems and procedures, the relationship between continuous improvement and business systems (performance and knowledge management), and the application of the Ishikawa fishbone diagram to identify the causes of late employee arrivals. Furthermore, the assessment explores improvement options to reduce travel costs while adhering to sustainability policies, proposing solutions based on the PDCA cycle, and evaluating the effectiveness of proposed solutions using digital systems and data sets. The assignment also includes recommendations for document storage and access permissions.

Knowledge Assessment (Event 1 of 3)
Criteria
Name of the cluster
Risk (Cl_Risk)
Unit codes, names and release numbers
BSBRSK501 Manage risk (Release 1)
BSBMGT516 Facilitate continuous improvement (Release 1)
Qualification/Course code, name and release number
Teaching staff/student will need to select the correct qualification/course the student is enrolled in
from the dropdown list.
901-00012VO1 Statement of Attainment in Managing Risk and Facilitating Continuous
Improvement
Criteria
Name of the cluster
Risk (Cl_Risk)
Unit codes, names and release numbers
BSBRSK501 Manage risk (Release 1)
BSBMGT516 Facilitate continuous improvement (Release 1)
Qualification/Course code, name and release number
Teaching staff/student will need to select the correct qualification/course the student is enrolled in
from the dropdown list.
901-00012VO1 Statement of Attainment in Managing Risk and Facilitating Continuous
Improvement
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For queries, please contact:
Technology and Business Services SkillsPoint
Building B, Level G, Corner Harris Street and Mary Ann Street, Ultimo NSW 2007
This assessment can be found in the:
The contents in this document are copyright © TAFE NSW 2020, and should not be reproduced without the
permission of the TAFE NSW. Information contained in this document is correct at time of printing: 31 August
2024. For current information, please refer to our website or your teacher as appropriate.
Technology and Business Services SkillsPoint
Building B, Level G, Corner Harris Street and Mary Ann Street, Ultimo NSW 2007
This assessment can be found in the:
The contents in this document are copyright © TAFE NSW 2020, and should not be reproduced without the
permission of the TAFE NSW. Information contained in this document is correct at time of printing: 31 August
2024. For current information, please refer to our website or your teacher as appropriate.

Assessment instructions
Table 1Assessment instructions
Assessment details Instructions
Assessment overview The objective of this clustered assessment is to assess your knowledge
in the following units:
BSBMGT516 Facilitate continuous improvement
BSBRSK501 Manage risk
As would be required to:
Manage risks in a range of contexts.
Take an active role in managing a continuous improvement
process in order to achieve an organisation’s objectives.
Assessment Event
number
1 of 3
Instructions for this
assessment
This is a clustered written assessment and it will be assessing you on
your knowledge of all of the units listed in this assessment.
This assessment consists oftwo parts:
1. Short answer questionsBSBMGT516
2. Short answer questions BSBRSK502
Submission instructions On completion of this assessment, you are required to upload it or
hand it to your trainer for marking.
Ensure your name is at the bottom of each page of this assessment.
You must keep a copy of all electronic and hardcopy assessments
submitted to TAFE and complete the assessment declaration when
submitting the assessment.
What do I need to do to
achieve a satisfactory
result?
To achieve a satisfactory result for this assessment, all questions must
be answered correctly and in your own words. Tips to avoid plagiarism
are located on the TAFE NSW Library Services page
(https://tafensw.libguides.com/copyright/plagiarism).
This may involve your assessor, allowing you to resubmit some of your
answers. Alternatively, your teacher/assessor may ask you additional
questions to confirm your understanding and knowledge of the topic
area.
What do I need to Access to :
Table 1Assessment instructions
Assessment details Instructions
Assessment overview The objective of this clustered assessment is to assess your knowledge
in the following units:
BSBMGT516 Facilitate continuous improvement
BSBRSK501 Manage risk
As would be required to:
Manage risks in a range of contexts.
Take an active role in managing a continuous improvement
process in order to achieve an organisation’s objectives.
Assessment Event
number
1 of 3
Instructions for this
assessment
This is a clustered written assessment and it will be assessing you on
your knowledge of all of the units listed in this assessment.
This assessment consists oftwo parts:
1. Short answer questionsBSBMGT516
2. Short answer questions BSBRSK502
Submission instructions On completion of this assessment, you are required to upload it or
hand it to your trainer for marking.
Ensure your name is at the bottom of each page of this assessment.
You must keep a copy of all electronic and hardcopy assessments
submitted to TAFE and complete the assessment declaration when
submitting the assessment.
What do I need to do to
achieve a satisfactory
result?
To achieve a satisfactory result for this assessment, all questions must
be answered correctly and in your own words. Tips to avoid plagiarism
are located on the TAFE NSW Library Services page
(https://tafensw.libguides.com/copyright/plagiarism).
This may involve your assessor, allowing you to resubmit some of your
answers. Alternatively, your teacher/assessor may ask you additional
questions to confirm your understanding and knowledge of the topic
area.
What do I need to Access to :
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Assessment details Instructions
provide?
office equipment
computer with relevant software
internet access
student workbook, training materials and other research you
have completed.
What the assessor will
provide
Access to:
learning materials
virtual enterprise Plan2go
website(http://plan2go.nctafe.edu.au/)
learning management systems such as online learning
platforms,where applicable
relevant legislation, regulations, standards and codes
relevant workplace documentation and resources
case studies and, where possible, real situations.
Due date/time allowed The assessment must be submitted by the due date noted on the Unit
Assessment Guide. If you study online, you can find assessment due
dates/time allowed/venue information on your online platform on the
Assessments page or in your Training plan.
You should allow a minimum of four hours to complete this
assessment. You may need additional time for preparation, research
and revision to ensure you have responded to each question
satisfactorily.
Supervision This is an unsupervised assessment.
Your assessor may ask for additional evidence to verify the authenticity
of your submission and confirm that the assessment task was
completed by you. This may include oral questioning, comparison with
in-class work samples, or observation.
Assessment feedback,
review or appeals
In accordance with the TAFE NSW policy Manage Assessment Appeals,
all students have the right to appeal an assessment decision in relation
to how the assessment was conducted and the outcome of the
assessment. Appeals must be lodged within 14 working days of the
formal notification of the result of the assessment.
If you would like to request a review of your results or if you have any
provide?
office equipment
computer with relevant software
internet access
student workbook, training materials and other research you
have completed.
What the assessor will
provide
Access to:
learning materials
virtual enterprise Plan2go
website(http://plan2go.nctafe.edu.au/)
learning management systems such as online learning
platforms,where applicable
relevant legislation, regulations, standards and codes
relevant workplace documentation and resources
case studies and, where possible, real situations.
Due date/time allowed The assessment must be submitted by the due date noted on the Unit
Assessment Guide. If you study online, you can find assessment due
dates/time allowed/venue information on your online platform on the
Assessments page or in your Training plan.
You should allow a minimum of four hours to complete this
assessment. You may need additional time for preparation, research
and revision to ensure you have responded to each question
satisfactorily.
Supervision This is an unsupervised assessment.
Your assessor may ask for additional evidence to verify the authenticity
of your submission and confirm that the assessment task was
completed by you. This may include oral questioning, comparison with
in-class work samples, or observation.
Assessment feedback,
review or appeals
In accordance with the TAFE NSW policy Manage Assessment Appeals,
all students have the right to appeal an assessment decision in relation
to how the assessment was conducted and the outcome of the
assessment. Appeals must be lodged within 14 working days of the
formal notification of the result of the assessment.
If you would like to request a review of your results or if you have any
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Assessment details Instructions
concerns about your results, contact your Teacher or Head Teacher. If
they are unavailable, contact the Student Administration Officer.
Contact your Head Teacher for the assessment appeals procedures at
your college/campus.
concerns about your results, contact your Teacher or Head Teacher. If
they are unavailable, contact the Student Administration Officer.
Contact your Head Teacher for the assessment appeals procedures at
your college/campus.

Specific instructions
Read each question carefully, ensuring you answer all parts. The word count is a general
guide and is provided to ensure you write enough detail to adequately answer the question,
considering your organisational requirements for each one.
All answers must be in your own words and include Harvard in-text referencing where
appropriate, as well as a reference list at the end of the document. Information on using
Harvard referencing can be found in the TAFE NSW Harvard Referencing
Guide(https://share.tafensw.edu.au/share/file/316a6f1b-57d3-4a83-bfdd-4e82851e14b2/1/
Harvard_Referencing_Guide.pdf).
Submission requirements for this assessment event
Submit the following to your assessor for marking:
r Completed Cl_Risk_AE_Kn_1of3 assessment document.
Read each question carefully, ensuring you answer all parts. The word count is a general
guide and is provided to ensure you write enough detail to adequately answer the question,
considering your organisational requirements for each one.
All answers must be in your own words and include Harvard in-text referencing where
appropriate, as well as a reference list at the end of the document. Information on using
Harvard referencing can be found in the TAFE NSW Harvard Referencing
Guide(https://share.tafensw.edu.au/share/file/316a6f1b-57d3-4a83-bfdd-4e82851e14b2/1/
Harvard_Referencing_Guide.pdf).
Submission requirements for this assessment event
Submit the following to your assessor for marking:
r Completed Cl_Risk_AE_Kn_1of3 assessment document.
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Part 1:Short answerquestions relating to BSBMGT516
1. Explain how systems and procedures can support effective continuous improvement.
Your response should be approximately 100-150 words.
There is huge positive role of systems and procedures in continuous imporvment within the
organisations. Systems and procedures are work as guide that provides support to employees to
work effectively by adhering the standards. The impact of such standards has positive that resultant
into improvement of skills and personality along with bringing level of professionalism in work. The
beneficiary impact is ascertainedover the level of performance within an organisation because they
able to complete work on time with the aid of improved level of skills and knowledge. Now, Each and
everyone within an orgnaisationperfoms the work with full capabilitiesthat resultant into optimum
utilisation of existing resources. In future, this exercise must have positive contribution in direction of
continuous level of improvements within an organisation under different aspects such as employee
retention, team building, productivity, workplace atmosphere and in end last profitability (Boer and
et. al., 2017).
2. Explain how continuous improvement systems and processes relate to the following
business systems. Each response should be approximately 50-100 words.
a. Performance management.
Employees are the main asset of an organisation. The success and failure is also totally depnds upon
their perfomances. This would be the reason that if they perform well, success wil come within an
organisation. This depicts that performance management is important within an organisation for the
purpose of building the culture of continuos improvement. There are many other benefits assoicted
with the aspect of performance management that simultaneously aid in attaining continuos level of
imporvements such as identification of devitaions in current performances, removal of erros through
providence of effective strategies and improvement of skills and knowledge of employees. The
futuristic impact of all these upon an organisation is positive where they able to achive their desired
objectives along with creation of hard working culture (Mone, London and Mone, 2018).
b. Knowledge management.
1. Explain how systems and procedures can support effective continuous improvement.
Your response should be approximately 100-150 words.
There is huge positive role of systems and procedures in continuous imporvment within the
organisations. Systems and procedures are work as guide that provides support to employees to
work effectively by adhering the standards. The impact of such standards has positive that resultant
into improvement of skills and personality along with bringing level of professionalism in work. The
beneficiary impact is ascertainedover the level of performance within an organisation because they
able to complete work on time with the aid of improved level of skills and knowledge. Now, Each and
everyone within an orgnaisationperfoms the work with full capabilitiesthat resultant into optimum
utilisation of existing resources. In future, this exercise must have positive contribution in direction of
continuous level of improvements within an organisation under different aspects such as employee
retention, team building, productivity, workplace atmosphere and in end last profitability (Boer and
et. al., 2017).
2. Explain how continuous improvement systems and processes relate to the following
business systems. Each response should be approximately 50-100 words.
a. Performance management.
Employees are the main asset of an organisation. The success and failure is also totally depnds upon
their perfomances. This would be the reason that if they perform well, success wil come within an
organisation. This depicts that performance management is important within an organisation for the
purpose of building the culture of continuos improvement. There are many other benefits assoicted
with the aspect of performance management that simultaneously aid in attaining continuos level of
imporvements such as identification of devitaions in current performances, removal of erros through
providence of effective strategies and improvement of skills and knowledge of employees. The
futuristic impact of all these upon an organisation is positive where they able to achive their desired
objectives along with creation of hard working culture (Mone, London and Mone, 2018).
b. Knowledge management.
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Knowledge is the main aspect that allows the employees to perform their task and complete the
same in desired period of time. The high level of knowledge not only help in completion of work with
quality and before the time but also aid in brining innovation within an organisation. The futuristic
impact of this will bring contunuos level of improvements within an organisation where it not only
motivates the other to be creative but also bringing high evel of transformation in working
processes. This must aid in future about reducing the level of costing along with improving the level
of profit margins.
3. The Ishikawa fishbone diagram is a cause and effect diagram that provides a structured
way to think through possible causes of a problem.
For this problem: Mary is always arriving late to work, construct a fishbone diagram with a
minimum of four spines and four possible causes for each spine. You can refer to examples
and use a writeable template on the Plan2go website,
(http://plan2go.nctafe.edu.au/assets/document-library/3rd-party-tools-and-techniques-
click-index/CauseEffect.html) create your template or use one from your workplace.
Submit the fishbone diagram as an appendix to this document or upload separately.
same in desired period of time. The high level of knowledge not only help in completion of work with
quality and before the time but also aid in brining innovation within an organisation. The futuristic
impact of this will bring contunuos level of improvements within an organisation where it not only
motivates the other to be creative but also bringing high evel of transformation in working
processes. This must aid in future about reducing the level of costing along with improving the level
of profit margins.
3. The Ishikawa fishbone diagram is a cause and effect diagram that provides a structured
way to think through possible causes of a problem.
For this problem: Mary is always arriving late to work, construct a fishbone diagram with a
minimum of four spines and four possible causes for each spine. You can refer to examples
and use a writeable template on the Plan2go website,
(http://plan2go.nctafe.edu.au/assets/document-library/3rd-party-tools-and-techniques-
click-index/CauseEffect.html) create your template or use one from your workplace.
Submit the fishbone diagram as an appendix to this document or upload separately.

4. Continuous improvement plan
The Operations Manager at ABC Foods has identified an area of inefficiency that needs to be
improved and recommends using a PDCA continuous improvement approach.
ABC Food’s operations are geographically dispersed as follows:
Head Office is located in France,
Australian administrative team is located in Sydney, Australia,
Manufacturing plant is located in Newcastle, Australia
The estimated annual travel cost to ensure business continuity is in excess of $30,000
The sustainability policy of ABC Foods states: ‘We will consider and minimise our
potential environmental impact in our daily business operations and processes to be
environmentally responsible’.
a. Research and propose two improvement options to reduce costs for travel, which are
environmentally sustainable. Your response should be approximately 100-150 words.
There is huge need for an organisation to work over reduction of transporation cost along with
selection of the mediums that will be enviornmtallysustianble (Boer and et. al., 2017). This is also
important to do because of the sustianbility policy they followed. The recommendations about the
two different medums that no only help to educe the cost but also environmentally sustainable in
nature is defind below with the aid of PDCA cycle;
Plan: The major focus will be provided over adoption of two aspects such as vedio conferencing and
online survillence.
Do: These both will help an organisation to reduce the cost along with providing high level of
environment safety (Silva, Medeiros and Vieira, 2017).
Check: It is ascertained that cost of using both methods will be lesser then the cost of train travel.
Also, these are environmentally sustianble.
Act: This is the step that includes implementation and usage of methods for the purpose of
performing functions.
b. Draft a process for the Operations Manager to use to evaluate the sustainability of
the options proposed. Your response should be approximately 100-150 words.
The Operations Manager at ABC Foods has identified an area of inefficiency that needs to be
improved and recommends using a PDCA continuous improvement approach.
ABC Food’s operations are geographically dispersed as follows:
Head Office is located in France,
Australian administrative team is located in Sydney, Australia,
Manufacturing plant is located in Newcastle, Australia
The estimated annual travel cost to ensure business continuity is in excess of $30,000
The sustainability policy of ABC Foods states: ‘We will consider and minimise our
potential environmental impact in our daily business operations and processes to be
environmentally responsible’.
a. Research and propose two improvement options to reduce costs for travel, which are
environmentally sustainable. Your response should be approximately 100-150 words.
There is huge need for an organisation to work over reduction of transporation cost along with
selection of the mediums that will be enviornmtallysustianble (Boer and et. al., 2017). This is also
important to do because of the sustianbility policy they followed. The recommendations about the
two different medums that no only help to educe the cost but also environmentally sustainable in
nature is defind below with the aid of PDCA cycle;
Plan: The major focus will be provided over adoption of two aspects such as vedio conferencing and
online survillence.
Do: These both will help an organisation to reduce the cost along with providing high level of
environment safety (Silva, Medeiros and Vieira, 2017).
Check: It is ascertained that cost of using both methods will be lesser then the cost of train travel.
Also, these are environmentally sustianble.
Act: This is the step that includes implementation and usage of methods for the purpose of
performing functions.
b. Draft a process for the Operations Manager to use to evaluate the sustainability of
the options proposed. Your response should be approximately 100-150 words.
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It is the duty upon operational manager that ensuring about the sustainability of existing and
proposed optionsin regular manner. This has huge level of importance within an organisation
because this will provide an opportubty to adhre the approaches that have maximum level of benefit
to an organisation (Gonzalez and Martins, 2016). The draft process which is needed to adhere by
the operations manager for ensuring the sustainability of proposesd options is presented below;
Ensure about working procedure
Analyse resource requirement
Analyse knowledge of employees
Potential benefits associated with future performance
Risks associated with implementation
Cost of reparining and service
Determination of the information in respect to above mentioned all points help in ascertaining the
maximum level of benefits which are associated with application of particular option. This futuristic
impact of this aid in adoption of only sustianble options.
c. The PDCA cycle includes a check stage where the organisation is required to measure
the effectiveness of the proposed solutions put forward above to reduce travel
expenses in a pilot program.
Describe four digital systems/records/data sets management require to measure
effectiveness. Your response should be approximately 100-150 words.
The process of checking is impotant in PDCA cycle. This help determine that how the proposed
solution work and able to meet the desitable targets or not (Jagusiak-Kocik, 2017). The exercise of
check further aid in ascertaining deviation in performance that reduces the effectiveness level of
some particular option. This is important to do effectively as aid in decion making about final usageor
not within an organisation. There are many aspects that can be used for the pupose of checking an
option like digital systems, records and data sets. In the direction of measuring effectiveness of
options provided as solution to reduce travel expenses, some tools are defined below;
proposed optionsin regular manner. This has huge level of importance within an organisation
because this will provide an opportubty to adhre the approaches that have maximum level of benefit
to an organisation (Gonzalez and Martins, 2016). The draft process which is needed to adhere by
the operations manager for ensuring the sustainability of proposesd options is presented below;
Ensure about working procedure
Analyse resource requirement
Analyse knowledge of employees
Potential benefits associated with future performance
Risks associated with implementation
Cost of reparining and service
Determination of the information in respect to above mentioned all points help in ascertaining the
maximum level of benefits which are associated with application of particular option. This futuristic
impact of this aid in adoption of only sustianble options.
c. The PDCA cycle includes a check stage where the organisation is required to measure
the effectiveness of the proposed solutions put forward above to reduce travel
expenses in a pilot program.
Describe four digital systems/records/data sets management require to measure
effectiveness. Your response should be approximately 100-150 words.
The process of checking is impotant in PDCA cycle. This help determine that how the proposed
solution work and able to meet the desitable targets or not (Jagusiak-Kocik, 2017). The exercise of
check further aid in ascertaining deviation in performance that reduces the effectiveness level of
some particular option. This is important to do effectively as aid in decion making about final usageor
not within an organisation. There are many aspects that can be used for the pupose of checking an
option like digital systems, records and data sets. In the direction of measuring effectiveness of
options provided as solution to reduce travel expenses, some tools are defined below;
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Compare with past amount of expenses
Determine the level of competence and control through compariing with past records
Determine number of errors
Determine the level of innovation through aid of improved communication
Determine the improvement in level of performance
Acsertaining views from the ground level feedback and compare with previous number of issues
d. Based on your response to Q4c, recommend to management where the documents
specified should be stored and located. In your response include any permissions or
restrictions that may apply for access. Your response should be approximately 50–
100 words.
All the information that were gained mentioned above needed to store and locate at
effective place by a management. The main reason behind the storage that this further aid in
comparing the future results with previous one along with taking improved level of
decisions. The information about the storage and location of these documents is provided
below;
All the doucments going to be stored in locker at head office of an organisation.
The minimum period of time upto which they have to hold the such doucmnts will be 8 years
The documents accessed by employees only after the permission of management
These will be stored in periodic basis that allows easy level of comparison
Determine the level of competence and control through compariing with past records
Determine number of errors
Determine the level of innovation through aid of improved communication
Determine the improvement in level of performance
Acsertaining views from the ground level feedback and compare with previous number of issues
d. Based on your response to Q4c, recommend to management where the documents
specified should be stored and located. In your response include any permissions or
restrictions that may apply for access. Your response should be approximately 50–
100 words.
All the information that were gained mentioned above needed to store and locate at
effective place by a management. The main reason behind the storage that this further aid in
comparing the future results with previous one along with taking improved level of
decisions. The information about the storage and location of these documents is provided
below;
All the doucments going to be stored in locker at head office of an organisation.
The minimum period of time upto which they have to hold the such doucmnts will be 8 years
The documents accessed by employees only after the permission of management
These will be stored in periodic basis that allows easy level of comparison

e. Propose two strategies that can be used to capture insights and experiences from the
pilot program that can be accessedthrough a knowledge management system. Your
response should be approximately 50–100 words.
The two strategies that will help in ascertaining insights and experinces from the pilot project are
defined below;
Acertaining employees feeback and views:
Audit of results and performance on quarterly basis
pilot program that can be accessedthrough a knowledge management system. Your
response should be approximately 50–100 words.
The two strategies that will help in ascertaining insights and experinces from the pilot project are
defined below;
Acertaining employees feeback and views:
Audit of results and performance on quarterly basis
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