Student assessment question task 2 pdf are actual questions, you can use Reference section-a,b,c word file to see how to write answers and the rest files are for reference.
BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 19 of 30 Assessment Task 2 – Observations / Demonstrations The assessment task is due on the date specified in your timetable which is the last date of the unit. Any variations to this arrangement must be approved in writing by your assessor. This assessment is to be completed in the classroom / workshop / simulation setting at Harward International College. The required submission should be done by completing the work within the scheduled period for unit in accordance with instructions given below. This assessment requires you to demonstrate your ability to manage construction work by completing a significant work assignment. The assessor may provide the response, based on the observation (direct / indirect / supplementary) in the checklist (marking guide) given in this task. • Direct – such as an observation of workplace performance by an assessor • Indirect – such as a portfolio of evidence • Supplementary – such as supervisor reports. The task has assessment activities, designed to assess your skills, knowledge and performance, as required to show competency in this unit. You should complete these as stated below and as instructed by your trainer / assessor. Skills, knowledge and performance may be termed as: • Skills – skill requirements, required skills, essential skills, foundation skills • Knowledge – knowledge requirements, required knowledge, essential knowledge, knowledge evidence • Performance – evidence requirements, critical aspects of assessment, performance evidence. Section A: Skills Activity The Skills Activity is designed to be a series of demonstrative tasks that should be assessed by observation. It will demonstrate all of the skills required for this unit of competency – your assessor will provide further instructions to you, if necessary. Section B: Knowledge Activity (Q & A) The Knowledge Activity, in addition to task 1, is designed to be a verbal questionnaire where the assessor asks you a series of questions to confirm your competency for all of the required knowledge in the unit of competency. Section C: Performance Activity The Performance Activity is designed to be a practical activity performed either in the workplace or a simulated environment. You should demonstrate the required practical tasks for the unit of competency and be observed by the assessor. If necessary, for the activities, you should attach completed written answers, portfolios or any evidence of competency. BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 20 of 30 Section A: Skills Activity Objective: To provide you with an opportunity to show you have the required skills for this unit. This activity will enable you to demonstrate the following skills: Reading: • Interprets and critically analyses complex texts from a range of sources and determines how content may be applied according to organisational requirements Writing: • Documents risks, risk analysis and risk controls using required formats and structure • Modifies and updates workplace documentation according to requirements Oral communication: • Participates in verbal exchanges using clear language to provide and seek information • Uses active listening and questioning techniques to confirm understanding Numeracy: • Analyses numerical data to identify project risk levels and rank risks according to agreed system of classification Navigate the world of work: • Determines and adheres to organisational policies and standards • Considers own role in terms of its contribution to broader goals of work environment Interact with others: • Selects and uses appropriate conventions and protocols when communicating with internal and external stakeholders to seek or share information • Actively identifies requirements of important communication exchanges, selecting appropriate channels, format and content to suit purpose and audience Get the work done: • Identifies and develops approaches to risk management and implements complex tasks to achieve outcomes • Analyses information to make decisions, involving others when appropriate Answer the activity in as much detail as possible, considering your organisational requirements. You can use response guidance from Task 1. • Access one piece of legislation and summarise how it directly relates to your organisation and working practice. • Using either the template provided Appendix 3 or your organisation’s documentation complete a risk register for a given project. Over the course of the project, update the document and attach copies of each. • For an upcoming project, consult with stakeholders and clients to agree upon risk priorities (your assessor and classmates can be these). Summarise the consultation process and the outcomes of it. BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 21 of 30 • Undertake a risk probability and impact assessment for an upcoming project and then record the findings in a risk and impact matrix. • Explain how you adhere to organisational policies and procedures and how this impacts how your role contributes to the wider goals of the organisation. • For a project, demonstrate that you can use appropriate communication methods to seek and share information with a range of people. Summarise how you undertook this task. • From a project, identify and develop an appropriate method for risk management. Explain how you would implement this method ensuring you include use of physical resources, personnel and time. BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 22 of 30 Appendix 3 Risk Response Plan - Template Details Risk ID: Change in risk Review date Risk mitigation Person(s) responsible for implementation Cost of risk mitigation Risk mitigation schedule Work Breakdown Structure (WBS) BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 23 of 30 Section B: Knowledge Activity (Q & A) Objective: To provide you with an opportunity to show you have the required knowledge for this unit. The answers to the following questions will enable you to demonstrate your knowledge of: • Identify project risks in a range of risk categories • Explain key components of a risk management plan • Outline industry sector risk classifications and relate these to different risk contexts • Summarise organisational and industry standard risk frameworks • Identify and describe characteristics, techniques and appropriate applications of quantitative and qualitative risk management techniques and approaches. Answer each question in as much detail as possible, considering the organisational requirements for each one. You may use Response Guide provided in Task 1. 1. Identify the risks for a project that fall under at least three of these categories: • Communications • Compliance • Consultative • Environmental • Finance • Health and safety • Human resources • Legal • Organisational brand • Physical • Political • Project assumptions • Project constraints • Project process risks • Quality • Social • Technology 2. Identify the key components of a risk management plan and provide a brief overview of each. 3. Use the risk classification matrix (Appendix 4) to identify three different risks and their classification applicable to your industry sector. For example, the risk of food transmitted illness is possible within the food service industry with a moderate level of consequence and the classification for minor cuts is almost certain but the consequence level is minor. 4. Summarise the industry standard risk framework that is most applicable to your organisation. 5. Identify and describe characteristics, techniques and appropriate applications of quantitative and qualitative risk management techniques and approaches. BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 24 of 30 Appendix 4 Risk Classification Matrix RISK MATRIX Likelihood Rare Unlikely Possible Likely Almost certain C o n se q u en ce Catastrophic M H H E E Major M M H H E Moderate L M M H H Minor L L M M H Negligible L L L M M BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 25 of 30 Section C: Performance Activity Objective: To provide you with an opportunity to demonstrate the required performance elements for this unit. This activity will enable you to demonstrate the following performance evidence: • Conduct effective risk management for a project of sufficient complexity to demonstrate the full range of performance requirements • Apply risk management techniques, strategies and tools Answer the activity in as much detail as possible, considering the organisational requirements. Choose a project in which you will play a major managerial role, and carry out a thorough risk analysis for it. Identify all risks and rank them in terms of their severity, making sure you have understood the context in which they are likely to occur. Then, determine priorities to avoid those risks (or minimise the chance of them having a major impact) and document them according to organisational protocols. While working on the project, apply specific risk management techniques and strategies to minimise the chance of physical risk, as well as any risk that are likely to be detrimental to work outcomes. BSBPMG508A Manage Project Risk Learner Guide BSBPMG508A - Manage Project Risk RTO: 22332 Version: 3.0 CRICOS: 03234B Page 1 of 58 Table of Contents 1. Identify project risks ..........................................................................................................