BSBRSK501 Manage Risk: Woolworths Risk Management Case Solution

This assignment presents a case study solution for BSBRSK501 Manage Risk, focusing on Woolworths. It involves a comprehensive risk assessment, starting with defining the scope and objectives of risk management, taking into account stakeholder input and internal/external environmental factors. The solution includes a PEST analysis to evaluate political, economic, socio-cultural, and technological factors, and a SWOT analysis to identify strengths, weaknesses, opportunities, and threats. Stakeholder roles and concerns are detailed, and research information relevant to the scenario is summarized, providing a complete overview of risk management strategies for the given case. Desklib offers this and other solved assignments to aid students.

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Course SIT60316 - Advanced Diploma
of Hospitality Management
Unit Code BSBRSK501
Unit Name Manage risk
Assessor
Name
Student
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Assessment Items
Task 1 Case study
Task 2 Report
Final Result for this unit
Student Declaration: I declare that I have
been assessed in this unit, and I have
been advised of my result. I am also aware
of my appeal rights.
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Date

Task 1
Assessment Instructions
For the case study provided with this Assessment Task, you are required to review risk
management processes and determine scope and objectives, taking into account
stakeholder input and both internal and external environmental factors affecting the
organisation. With the information gathered, you are to identify risks and present this to
relevant parties for feedback.
Procedure
For the provided case study, you will assume the role of the risk manager/assessor,
and you are required to review the provided Woolworths Risk Management Policy and
complete a written report for your manager (your assessor) that addresses the
following steps.
1. Scope – Identify the scope of risk management required in your identified role.
The scope of risk management is to identify risk associated with products or services
and operations of business and analyze all the aspects that may adversely impact
business process. After analysis and evaluation of risk, risk management is required to
make strategies to mitigate risk that may impact process and functions of organization.
Identification and control of risk in organization is very essential for success of entity.
Risk management in company is responsible for understanding and evaluation internal
and external context and setting risk assessment criteria to develop strategies required
to mitigate medium and high level risk. In the case the risk management is responsible
for identifying operational, strategic and investment risk related to new project. The
scope of risk management is not limited with internal factors or limited to any
department but it is a wide concept and includes examination of internal as well as
external factors and every department i.e. risk associated with organization as a whole.
The risk management is required to review, analyze, plan and monitor each and every
aspect that may adversely impact organization. It is responsibility of risk management
not only to make plans and strategies but also to monitor and control the gap between
plan and actual.
2. Goals – Identify and describe the critical success factors, goals or objectives
for areas included in scope.
There are various success factors that would help risk manager to measure the
accomplishment of goals and objectives. The key success factors are strategic focus,
people, operations, marketing and finances. The risk manager can ensure accomplishment
of goals and objectives if risk involved in all these factors are identified and mitigated so
that it may not impact business and success. Strategic focus involves leadership,
management and planning. Effective leadership and management is very essential for
effective business operations. The lack of internal control, monitoring and recording, failure
to comply laws and regulations and failure to monitor external environment are strategic
and operational risk highlighted. The success of identification, analysis and developing plan
for mitigating risk can be met if all the factors impacting strategic focus and operations will
be minimized and mitigated. People involve personnel, staff, learning and development of
people who are associated with organization. The lack of policies and procedures to guide
staff in carrying out their duties is factor impacting people risk which will ultimately
influence organizational operations. The goal and objective of risk management is to cut
down risk identified by developing effective risk management plan and monitoring the result
by implementing plan. The alleviation of all risk identified by risk management shall be the
proof for accomplishment of goals and objectives of risk management.

3. Stakeholders – Identify internal and external stakeholders, their role in the
process, and any issues or concerns they have. Present this using the table
format provided.
Stakeholders are individuals or group that have interest in organization and its outcomes.
The stakeholders who are involved in this case of risk management are mangers,
employees, government, owners, suppliers, customers.
Stakeholder Internal/external Role in process Stake in process
Management team Internal The management team of
Queensland has given
permission for
conducting risk audit by
visiting premises of
organization.
The interest of
management team in risk
management procedure
will be high as risk
negatively impact the
operations of business and
it is necessary for
management to identify
and mitigate risk.
Therefore, involvement of
management team in risk
identification and
mitigation process will be
high. They will support
risk manager as it is also
there need to minimize
risk.
Supervisor Internal Supervisor of Harley's
cafe had given details
about operations and
policies of Harley's cafe.
Supervisor has also
highlighted areas of
improvement.
The supervisor will have
moderate stake in risk
management process as it
may or may not impact
duties and responsibility
of supervisor.
Employees/ staffs Internal Scope of risk
management involves
risk associated with
people i.e. employees or
staff of organization. It
was identified that there
was lack in internal
control and policies to
guide staff regarding their
duties.
Relatively low as risk
related to employees and
their safety are only
concern for employees not
overall risk in
organization.
Government External The local government
provided details about
laws and regulations to be
complied and where
organization had failed to
meet compliance
standards, privacy and
industrial relations laws.
Government is external
body and interest in risk
process will be moderate
as they would be only
concern if organization is
complying with all laws
and regulations or not so
that they can ensure safety
and protect interest of
people associated with

organization.
Suppliers External It was identified that
there was difficulty for
company to get branded
supplies.
Low as they are not
concern about risk
involved in operations or
function of organization.
4. Analysis – Complete a PEST analysis and a SWOT analysis for risks associated
with the scenario.
PEST analysis is tool that is utilized to identify and analyze external environment of
business that are out of control of organization and impacts business performance and
process.
 Political factors- Political factors are related to policies imposed by government of
country. The policies related to economy and others keep changing in country due to
changes in economic situations. The company is required to keep a close eye on
changing business and economic policies which may impact business operations.
Company is also required to comply with all policies imposed by government of
Australia. The case has highlighted failure of organization to comply with standards of
WHS, privacy and industry related laws. This results into political risk and will
negatively influence future growth of organization.
 Economic factors- The economy of Australia is good and it stands at 13th spot in the
largest economy worldwide. The economy is continuously growing despite household
income, business investment and inflation. The economic factors such as inflation,
foreign exchange rate, interest rate, disposable income, etc impacts business. The
increase in inflation rate increases price of raw materials and ultimately result into
increase in price of products.
 Socio-cultural factors- The population of Australia is small and is multicultural and
multiracial. The organization operating in Australia is required to understand culture
of people and provide products according to their culture and preferences. The
growth in population positively impacts business as it will increase revenue. The busy
lifestyle of people in Australia has increased demand for ready-made food and
increased demand for food and beverage industry.
 Technological factors- Australia is known for technological innovations and
businesses operating in Australia is required to keep updated with technological
advancements to maintain competition in market. Government has imposed new
technological policies and research.
SWOT analysis is a tool which is used to identify and evaluate internal environment of
organization and to analyze strengths, weaknesses, opportunities and threats of business.
 Strengths- The most potential significance to open new shop in Toowoomba is its
location. It is located in intersection of two streets which will attract local customers
as well as tourists.
 Weaknesses- The weakness of new shop is its distance from Brisbane. It will make it
difficult for delivery of fresh pastries due to heavy traffic and it is also be difficult to
find branded suppliers for store.
 Opportunities- There is great scope for opening new store in surrounding premises.
Increase in population will ensure large group of customers and boost profit margin.
The changes in Government policies will also act in favor for cafe and provide new
growth opportunities.
 Threats- The threats identified are risks which affect operations of company. The
excessive use of water will result into impose of penalties and fines by government.
Company is required to establish new technologies to minimize excessive use of
water. The another threat is increase in competition level.
5. Research – Review and summarise the research information provided in the case
study, as well as any literature available that is relevant to this scenario.

The case is about opening of new store in Toowoomba and assessment of risk of other
chains of organization to develop risk strategies to mitigate the risk and to minimize
investment risk of opening new store. The task for risk assessment covered three stages i.e.
review, analyze and plan and monitor. The task started from site visit at Toowoomba and it
was noticed that site is around two hours far from CBD of Brisbane. The location of store is
at great place at it is easy accessible to local customers and tourists. The distance from
Toowoomba to Brisbane will make it difficult for manager's weekly meeting. The distance
would be also hinder for delivery of fresh pastries from central bakery plant. There is
another concern related to branded suppliers who can supply goods to stores. Hurley's cafe
is family owned cafe and is supervised by James. The policies and procedure for guiding
staff are manual and the owner of cafe weekly visit cafe and verbally explain all policies to
staffs. There is no proper assignment of duties and responsibilities among employees as the
member who is maintains cash register is also doing bank related work. There is no other
staff to check the work of cash maintaining staff. The records are not maintained properly
and computer that have details of staff are not password protected which leads to security
risk. After the visit of Hurley's cafe there was a meeting with Ron Langford. Ron had
explained opportunities of opening new store in Toowoomba and also provided extract of
economic brief. The research has identified following problems and risks:
 Lack of internal control and management of different duties and responsibilities.
 Failure to comply with standards in WHS, privacy and industrial relation laws.
 Lack of written policies and procedures to guide employees.
 Lack of professional business culture.
 Failure to monitor external environment and identify opportunities and threats that
may impact business.
6. Describe – Complete the analysis of risk for the scenario by summarising the
scenario and associated risks, accompanied by checklists, diagrams or
flowcharts that support the summary.
The scope of risk manager was to identify and analyze risk that may adversely impact
business and its success. The scope included identification of operational, strategic and
investment risk. This could be possible only by visit in different premises and personal
analysis. The visit to different locations has enabled risk manager to assess all the risks in
organization that would influence business operations. The first risk identified was security
risk. The computer that contains all details of employees were not password protected and
there was risk of easy access of all information by anyone. Organization is required to
protect the details of employees as per law related to safety. There was internal control risk
as no one was accountable to anyone and the work of one staff was not audited or checked
by others. This will give chances for fraud and possibility of break-ins. There was no proper
segregation of duties and responsibilities among employees as the employee who was
handling cash was also responsible for doing bank related work. There is no person to check
maintenance of cash as both the duties are to be given to two members for cross- check
and effective monitoring and handling of cash. It is essential for organization to make
policies and procedure for guiding employees and also to protect their rights in
organization.
The written policies and procedures would ensure effective and efficient compliance of
duties and responsibilities by employees. There is a lack of written policies and procedures
for directing employees and there is only verbal communication regarding explanation of
these policies and procedures. This may result into future conflicts among employees and
employer. As Hurley's cafe is family owned business there is no professional culture
followed in cafe. The owner weekly visit cafe and has no sense of responsibility towards
business and no professional culture if followed in cafe. This will impact working culture of
cafe and will also impact performance of employees in cafe. The external environment is not
monitored by anyone and this will adversely impact business due to changes in external
environment. Organization would not be able to take advantage of opportunities in market

and would not be able to maintain competition and position in industry. The non-compliance
of laws and regulations will make it difficult for organization to run its business. Organization
is required to follow professional culture to mitigate all the risk identified. The very first
thing to be done is to set a meeting with managers and staffs and discuss all the risks and
make strategies and monitor them. Organization is required to make written policies and
procedures for guiding employees and effective segregation of duties to avoid malpractices
in entity and for efficient maintenance and monitoring of cash. Organization is also required
to ensure compliance of all laws and regulations imposed by government.
After you have completed the above steps, you need to meet with your manager and
discuss the draft report you have developed, especially your understanding of the critical
success factors and goals (you should check that your manager agrees with your
findings).
As part of your discussions you also need to discuss and identify how you can
communicate with
stakeholders about the risk management processes in this scenario and invite them to
participate in discussions to further identify risks associated with the scenario.
7. Summarise: In dot-point form, summarise the discussions with your manager.
 This should include any recommendations they made to you.
There are many issues that are being identified in assessment of risk:
 Lack of internal control and mishandling of cash.
 Lack of written policies and procedure for directing and guiding employees.
 Lack of professional culture within organization.
 Failure to comply with laws and regulations related to privacy and security and
standards of WHS.
 Failure to monitor external environment and to identify opportunities and threats.
The recommendations given by manager:
It is very essential for organization to mitigate all risk that are being identified and this will
take time and requires cooperation of all stakeholders who are interested in organization.
 To build good internal control it is necessary to implement administration control.
Internal administration control is plan and strategy that are adopted to promote
operational efficiency and management policies. Entity is also required to conduct
internal audit by managers to assess efficiency of duties and work done by
employees. The report of internal audit must be submitted to top management and
meeting must be conducted to discuss the improvement areas and steps to be taken
for mitigating internal risk.
 Internal control and audit will also help organization to mitigate security related risks.
 The second problem identified was lack of professional culture this can also be
improved by adopting administration control and HRM will be responsible to develop
work culture within organization and motivate employees to improve their efficiency
and performance. Written policies and procedures are required to be made by HRM
and top management for proper maintenance of work culture and for effective
segregation of employees duties.
 The failure to comply with standards of WHS, privacy and industrial relation laws are
another risk identified. An alternative control is required to be implemented to get
knowledge of all laws and regulations that business is required to comply with and
also to ensure compliance of all changes.
 The external environment are not monitored and organization fails to identify
opportunities and threats which may positively as well as negatively impact business.
Monthly report is required to be made which will include changes in internal and
external environment. It will also include strategies to be implemented by
organization to give effective response to such changes. The organization is required
to use PESTLE and SWOT analysis tools to analyze changes in external as well as

internal environment.
 Manager has also recommended to set monthly meetings with department heads and
managers to discuss monthly progress and also areas where improvement is
required.
8. Develop: a draft of the communication your manager suggested you use for
consultation with stakeholders.
 If they suggested a phone call, you should include a draft script of
information that you need to share with stakeholders.
 Whatever the form of communication, it must clearly ask stakeholders
for input, and invite them to assist in the identification of risk for this
scenario.
Stakeholder Type of
communication
Aim Mode of
communication
Frequency
Management
team
Formal
communication
To establish
effective and
efficient business
policies and
procedures and
to develop
professional
culture.
Face to face
communication
through
meetings and
email
conversation.
Weekly as well as
monthly
Government Formal
communication
To get
information
regarding
changes in
policies and laws
to ensure
compliance with
the same.
Through letters
and emails
Half yearly
Employees Formal as well as
informal
To make them
aware of policies
and for feedback.
Communication
by conducting
meetings and
through emails
and also chit
chatting during
breaks.
Weekly through
emails and
monthly
meetings
Customers Formal To know their
needs and
preferences for
making changes
in products and
services
Social media or
organization
website
Monthly or yearly
When submitting the report and accompanying documents, you need to ensure that:
 your report is titled ‘Risk review’
 your report is in order, with attachments on the back of your report as follows
 it includes notes from meeting with your manager
 it includes draft communication

 your report is submitted as required by your organisation (your training provider).

Task 2
PART A
Assessment Instructions
Using the information gathered in Assessment Task 1 and the case study provided,
examine the likelihood and consequences of identified risks, prioritise the risks and
determine options for treatment of each risk. Using this information you are required to
develop an action plan for implementing risk treatment, document the plan as required,
and communicate the risk management plan to relevant parties.
Procedure
For the case study information provided in this assessment and from Assessment Task 1,
you need to develop a report for your manager (assessor) with the headings as described
below.
9. Likelihood – For each risk, assess the likelihood of the risk occurring.
10. Consequence – For each risk, assess the consequence of the risk occurring.
11. Priorities – Use a risk calculation table to assist in prioritising the risks.
12. Options – For each prioritised risk, outline at least two suitable options for
treating the risk. After you have completed the above steps, you need to:
Risk analysis report-
Risk Likelihood Consequence Priorities Options
Risk of
internal
control.
The likelihood
of this risk is
high. Since in
the
organization a
single person is
being bothered
much and is
also responsible
to manage all
the cash
transactions
along with
monitoring and
keeping control
over that.
There may be drastic
consequences of the risk.
As it is known the entity is
striving to take more
adventures in order to
expand the business
diaspora. In such
circumstances the
outcomes or
consequences may be
horrendous.
Toowoomba store is
supposed to be a next
cash cow but with such
poor internal control it is
not possible. There may
be cases of
embezzlement.
It would be
given higher
priority since
there are
serious
repercussion
s related to
the risk
factor.
These are the
available options-
1) The very first
option before the
organization is to
install an
administrative control
in order to eradicate
the issue.
2) The entity is also
supposed to change
its policy pertaining to
operations. More
deployment of
personnel may also
be installed.
Poor
complianc
e with
WHS
standards
.
This is also
highly likely to
be occurred
since if the
organization
would not meet
the rules,
regulations
then some way
or the other will
be affected and
there will be
This is supposed to
outstrip the operational
level. Since as CEO P.
Kinski has shown his
apprehensions that if this
is not mitigated or
eradicated on time then
may bring catastrophe to
the business.
This risk factor may hike
the tension of head office
who are quite concerned
This must be
given
extremely
high priority
since if the
organization
is not
aligning with
the
legitimate,
rules,
regulations
With this respect,
some actions can be
taken, but the most
appropriate actions
could be these-
1) Internal control can
be developed where
some rules can be
laid down supporting
WHS standards.
2) the company is
supposed to make

radical legal
implications.
about marketing, store
management, finance
related issues. Which may
go up due to non
compliance with WHS
standards.
etc. it can
bring radical
outcomes.
For instance-
the
operations
may be
seized by
government.
So it would
not be
addressed
immediately,
the
questions
may be
raised on
the ongoing
business and
its
existence.
essential changes in
its rules, regulations
in order to uphold the
values, moralities
cited in WHS.
Lack of
proper
business
culture in
the family
running
business.
The likelihood
of occurring this
risk was
medium. Since
the family was
not a direct
participant in
day to day
operations.
Besides the fact that the
family was not directly
engaged in daily
operations, yet they may
drive serious
repercussions to the
performance. So some
horrendous consequence
could be there.
This may be
given
medium
level
priority. Due
to lack of
danger
outcomes it
drives to the
organization.
To mitigate this risk
there were some
options such as-
1) making highly
inclined to modern
business culture. If
the organization is
adopting great
business culture then
some way or the
other would lead to
the family having the
same.
2) Some alternative
or mitigate practice
can also be used
where the all negative
outcomes by this risk
may be eradicated to
certain degree.
Risk
pertaining
to lack of
knowledg
e of
external
environm
ent.
This is also
medium level
likely issue
since the
external
environment is
having a
number of
elements which
may affect the
business
operations.
It may lead to hyper
consequences, since the
new shop is being opened
where it is essential to
investigate all pros and
cons of the prevailing
business environment so
can eradicate any undue
issue which may takes
place.
External business
environment may bring
some issues. For instance-
if after making the new
It will also be
given
medium
level priority
since there
are already
some risks
before the
business
such as lack
of proper
internal
control so in
these
To encounter the
external risk there are
some challenges
before the business
but these could be
the most potential
trouble shooters-
1) some frameworks
can be imparted such
as SWOT and PESTEL
in order to bring
deeper understanding
pertaining to business
environment.

shop operational if
political turmoil takes
place then would lead to
severe repercussions.
circumstanc
es it can not
afford such
risk for
longer.
2) at the same time,
some different
strategies can be
followed such as a
better installation of
system would be
leading to have
deeper understanding
of the external
environment.
13. develop a risk management plan by completing the table included in this task
and attaching it to your report
Risk management Plan:
Risk Assess risk Controls Monitoring Timelines Responsibl
e
Internal
control
related
risk.
Form the case
study it was found
that there are
some issues in
cash handling,
monitoring and
recording. The
cash management
is one of the most
significant aspect
in a business. If it
is not being
managed in the
most appropriate
manner then will
be impacting
overall
operational
efficiency.
With this respect
there is need of
having kind of
administrative
control.
Over the time, it
has been
observed that if
internal
operations are
not going well
then the
organization will
face severe
repercussion.
A new law has to
be introduced
where “Unity of
Command” and
a rigid for of
“Work
participation”
would be
introduced. It
will help to
control such
predicaments.
With new
policies it
would be
monitored. The
manager will
be responsible
for that.
As it was
experienced
that there was
lack of a
monitoring
system since
more than one
work was
earlier being
done by single
person so
there was need
to install a
monitoring
system. In this
case real time
monitoring
system would
be applied.
1 month. The
cashier or
head of
the cash
departme
nt would
be
responsibl
e.
Issues in
term of
meeting
WHS
standar
ds.
It is found by the
analysis that there
is issue of keeping
the WHS rules and
standards abides
The organization
Administrative
control becomes
again quite
significant due
to ability it
gives. The
For installation
of a strong
monitoring
system. The
organization is
supposed to
2
months.
The top
level
managem
ent would
be
responsibl

may face this
severe risk.
organization
would be able to
control the risk
with it.
have a monthly
checking
method.
e.
Lack of
professi
onal
business
culture
in the
family
running
business
.
It was found that
there are issues
pertaining to
proper business
culture. It would
be quite
unhealthy for the
organization since
with an
undisciplined
team an
organization can
not fulfill its aim of
expansion.
The family who is
running business
is not having good
business culture
then it becomes
essential at
operation level of
have a strong
culture so can
give them a
straight message
to abide with the
same.
There can be
administrative
control applied
since new rules
and regulations
are needed
which is only
possible with
this form of
control.
The HR
department is
supposed to
undertake the
plan and will be
applying a new
and suitable
administrative
control so can
pave the way
forward. It will
help them to
fetch better
practice in the
organization and
can also
eradicate the
business culture
related issues.
The entire
process would
be monitored
by Human
resource
management
since they are
directly
entitled to
control the
man power in
the
organization.
This is not a
handy task to
monitor the
business
culture. With
this respect
some better
steps can be
taken.
1 month. HR head
would be
responsibl
e for this
course of
action.
External
environ
ment
related
issues
which
are not
being
monitor
ed by
the
organiza
tion in
appropri
ate
manner.
It has been seen
that the
organization is
lacking when it
comes decoding
of external
business
environment.
There is hyper
need since if the
external
environment is
not being
managed then
would be
reverting
jeopardizes to the
operations.
Substitution
control would be
quite suitable in
this case.
Over the time, it
has been seen
that if one set of
practice is not
working out then
the alternative
method can be
used to bring
better
outcomes.
The method is
quite useful due
to wide range it
offers. Here,
some methods
can be used to
address the
issue.
It will be
monitored by
the top
management
since these
issues is
directly related
to the higher
management
who are
directly
associated with
the decision
making
process.
The monitoring
method is
needed to be
quite drastic. A
monthly
evaluation
based
2
months.
Higher
managem
ent.
They are
the people
who are
engaged
in making
such a
strategic
decisions,
so they
will be
responsibl
e.

monitoring
system is
supposed to be
used.
14. communicate the plan to your organisation by submitting your report and the risk
management plan to your manager (your assessor) for internal distribution.
When submitting the report and plan, you need to ensure that:
 your report is titled ‘Risk analysis and management plan’
 your report is in order, with the Risk management table attached to the
back of your report
 your report is submitted as required by your organisation (your training
provider).
To be deemed competent you will need to successfully demonstrate the following:
You must provide:
 a completed risk analysis report as outlined above
 a completed risk management table, in the required format.
PART B
Assessment Instructions
Review the implementation of the action plan developed in Part A against the case study
provided. Then prepare a monitoring report evaluating the risk management process.
Procedure
Review the provided case study information in order to develop a report examining the
ongoing implementation of a risk management action plan. Use the following headings.
 Plan – a clear summary of the initial risk and the plan implemented to manage it.
 Implementation – a summary of all actions taken to date in attempting to
manage identified risks.
 Outcomes – a clear statement identifying continued and/or reduced risks, with
supporting information in tables or graphs where available.

 Evaluation – a clear analysis of the effectiveness of the risk management plan, by
comparing the implementation with the outcomes.
Evaluation of risk management plan-
A risk evaluation plan is presented for Toowoomba store. The new store is going to be got
set up. This plan is covering all the associated aspects such as plan, implementation of
plan, potential outcomes, and at the end a fully fledged evaluation would be presented.
In the evaluation it would be extended that what were the positives and negatives of this
risk management plan and how those emerged issues have been sorted out abiding with
strategies.
plan implementation outcomes evaluation
There was problem of
poor internal control
system. It was a big
threat since the
organization was not
able to achieve its
peak in term of
performance. Here,
administrative control
was imparted in order
to make it. The plan
was as-
 Firstly
characterizing
the all
operational or
internal control
related tasks.
 Then figuring
out needed
personnel and
skill set.
 Then deploying
the most
suitable person
on it.
 At the end
evaluating on a
regular
interval.
For ensuring
implementation of the
plan. A new business
rule was made that all
the transactions
would be under
strong surveillance in
order to restrict any
form of bloopers. It
was ensured that if
internal control is not
under control then
some immediate
actions must be
taken.
Firstly, the all tasks
were under-listed
which had to be
performed then
appropriate
requirements of those
activities and required
skills were bifurcated
which paved the way
for implementation.
This imparted plan
has helped a lot and it
was found that ash
handling process,
recording process got
improved.
The problem was
quite severe since a
single personnel was
obliged to carry out
different works at the
same time. With the
help of this plan it
was found that now
different words were
being performed by
different people.
On the basis of the
plan fabrication and
implementation it can
be evaluated that in
this plan there were a
few issues in the
beginning but with
the progress of time,
those issues were
eradicated. Yet some
perils can not be
denied but those
factors are nullifiable.
There were some
problems in beginning
since the plan was so
costly and had need
of more deployment
but with the
strategies such as
training and
development, proper
allocation of
resources has made it
possible.
It was found that in
the organization was
not able to abide with
WHS standards. It
makes the task quite
hyper since for an
organization. With
this respect a plan
was fabricated
whereby using
administrative control
An internal system
was developed where
it has been ensured
that in all the sets of
activities the rules
fabricated by WHS
must be imparted.
This new regimes
have been introduced
along with suitable
infrastructure. Which
It made organization
abide with WHS
policies and
standards. The
performance got up
aligning with the
standards.
The best part of
implementation of
plan was to eradicate
the possibility of
It can be evaluated
that despite having
plan there were some
issues. It was not that
much handy to
implement yet with
extra efforts it was
handled. The final
outcomes were quite
satisfactory.
There has been some

the plan was
supposed to be
implemented.
helped to pave the
way.
The process of
implementation was
as-
1. evaluation of
the present
rules and
regulations in
the
organization.
2. Getting aware
of the
standards
suggested by
WHS.
3. Figuring out the
variations.
4. Addressing
those gapes.
government
intervention. The
organization is going
to open its new
branch or store. But it
is not possible to
avoid standards of
bodies such as WHS.
It drove the favorable
outcomes to the
company as a whole.
challenges on the way
of fabrication of plan
and implementation.
The both areas were
taken as challenge
and were addressed
appropriately.
There was lack of
business culture
which was impacting
overall productivity
and it was found that
it may impact
organizational ability
to enhance its
capabilities. Then
again administrative
control was
introduced.
For installation of
business culture the
HRM team fabricated
a suitable HRM plan
where a separate
code of conduct was
prepared and it has
applied to the
performance.
It was also ensured
that the all relevant
parties pay utter
attention to it on the
way of
implementation.
This brought some
drastic implications to
the organization. It
has achieved a great
level in term of
organizational culture.
The newly developed
business culture has
reflected better
outcomes in many
ways.
The outcomes were
ground breaking since
seeing the awareness
and alienation of
employees towards
business culture the
family running
business also got
inclined, and they
instilled sort of
modern business
culture practice.
The implementation
process has gone well
, where it can be
analyzed that there
were some issues in
beginning since
making changes in
the behavior of
employees is a tough
nut to crack, yet with
strong plan, the all
perils were
eradicated.
There was problem
pertaining to the least
awareness of external
business
environment. Which
was supposed to
impact organizational
efficiency to make the
projects successful.
With this respect, a
strategy abridged
whereby applying
There was need to
have greater insights
of external business
environment. In this
case, some
alternative methods
were used, the plan of
making monthly
business
environmental report
was implemented. It
has been carried out
It has turned out
better outcomes to
the organization and
presented sort of key
elements of external
business environment
in attempt to bring
them into
consideration of the
administration to
make strong decision
for hyper growth.
It was found in this
process that there
were some issues
came on the way, for
instance, it became a
tough task for the
entity to explore the
external environment
but with installation of
appropriate strategies
this task has been
made possible. So

substitution control
the issue has to be
confronted.
by the competent
authorities.
To implement the
plan an infrastructure
was developed where
all associated factors
were imparted then
an analytical and
reporting system was
introduced.
Earlier due to lack of
awareness about
external market some
issues were faced.
This helped to
eradicate them. For
instance- it was seen
that by using other
stores supply was not
faster so CBD
Brisbane store helped
in making the things.
altogether it can be
summarized that the
process of fabrication
and implementation
of plan have quite
good.
After you have completed the above steps, you need to communicate your evaluation of
the risk management plan to your organization by submitting your report to your manager
(your assessor) for internal distribution.
When submitting the report and plan, you need to ensure that:
 your report is to be titled ‘Evaluation of risk management plan’
 your report is submitted as required by your organisation (your training provider).
To be deemed competent you will need to successfully demonstrate the following:
You must provide:
 a completed evaluation report, as outlined above.

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