BSBRSK501 Manage Risk10

By completing these assessment tasks, you will be assessed on your knowledge, and your ability to:

  • 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

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