ASSESSMENT INFORMATION for students Throughout your training we are committed to your learning by providing a training and assessment framework that ensures the knowledge gained through training is translated into practical on the job improvements. You are going to be assessed for: Your skills and knowledge using written and observation activities that apply to the workplace. Your ability to apply your learning. Your ability to recognise common principles and actively use these on the job. All of your assess

ASSESSMENT INFORMATION for students
Throughout your training we are committed to your learning by providing a training and assessment framework that ensures the knowledge gained through training is translated into practical on the job improvements.
You are going to be assessed for:
Your skills and knowledge using written and observation activities that apply to the workplace.
Your ability to apply your learning.
Your ability to recognise common principles and actively use these on the job.
All of your assessment and training is provided as a positive learning tool. Your assessor will guide your learning and provide feedback on your responses to the assessment materials until you have been deemed competent in this unit.
HOW YOU WILL BE ASSESSED
The process we follow is known as competency-based assessment. This means that evidence of your current skills and knowledge will be measured against national standards of best practice, not against the learning you have undertaken either recently or in the past. Some of the assessment will be concerned with how you apply your skills and knowledge in the workplace, and some in the training room as required by each unit.
The assessment tasks have been designed to enable you to demonstrate the required skills and knowledge and produce the critical evidence to successfully demonstrate competency at the required standard.
Your assessor will ensure that you are ready for assessment and will explain the assessment process. Your assessment tasks will outline the evidence to be collected and how it will be collected, for example; a written activity, case study, or demonstration and observation.
The assessor will also have determined if you have any special needs to be considered during assessment. Changes can be made to the way assessment is undertaken to account for special needs and this is called making Reasonable Adjustment.
What happens if your result is ‘Not Yet Competent’ for one or more assessment tasks?
Our assessment process is designed to answer the question “has the desired learning outcome been achieved yet?” If the answer is “Not yet”, then we work with you to see how we can get there.
In the case that one or more of your assessments has been marked ‘NYC’, your trainer will provide you with the necessary feedback and guidance, in order for you to resubmit your responses.
What if you disagree on the assessment outcome?
You can appeal against a decision made in regards to your assessment. An appeal should only be made if you have been assessed as ‘Not Yet Competent’ against a specific unit and you feel you have sufficient grounds to believe that you are entitled to be assessed as competent. You must be able to adequately demonstrate that you have the skills and experience to be able to meet the requirements of units you are appealing the assessment of.
Your trainer will outline the appeals process, which is available to the student. You can request a form to make an appeal and submit it to your trainer, the course coordinator, or the administration officer. The RTO will examine the appeal and you will be advised of the outcome within 14 days. Any additional information you wish to provide may be attached to the appeal form.
What if I believe I am already competent before training?
If you believe you already have the knowledge and skills to be able to demonstrate competence in this unit, speak with your trainer, as you may be able to apply for Recognition of Prior Learning (RPL).
Assessor Responsibilities
Assessors need to be aware of their responsibilities and carry them out appropriately. To do this they need to:
Ensure that participants are assessed fairly based on the outcome of the language, literacy and numeracy review completed at enrolment.
Ensure that all documentation is signed by the student, trainer, workplace supervisor and assessor when units and certificates are complete, to ensure that there is no follow-up required from an administration perspective.
Ensure that their own qualifications are current.
When required, request the manager or supervisor to determine that the student is ‘satisfactorily’ demonstrating the requirements for each unit. ‘Satisfactorily’ means consistently meeting the standard expected from an experienced operator.
When required, ensure supervisors and students sign off on third party assessment forms or third party report.
Follow the recommendations from moderation and validation meetings.
How should I format my assessments?
Your assessments should be typed in a 11 or 12 size font for ease of reading. You must include a footer on each page with the student name, unit code and date. Your assessment needs to be submitted as a hardcopy or electronic copy as requested by your trainer.

How long should my answers be?
The length of your answers will be guided by the description in each assessment, for example:
Type of Answer Answer Guidelines
Short Answer 4 typed lines = 50 words, or
5 lines of handwritten text
Long Answer 8 typed lines = 100 words, or
10 lines of handwritten text = 1/3of a foolscap page
Brief Report 500 words = 1 page typed report, or
50 lines of handwritten text = 11/2foolscap handwritten pages
Mid Report 1,000 words = 2 page typed report
100 lines of handwritten text = 3 foolscap handwritten pages
Long Report 2,000 words = 4 page typed report
200 lines of handwritten text = 6 foolscap handwritten pages
How should I reference the sources of information I use in my assessments?
Include a reference list at the end of your work on a separate page. You should reference the sources you have used in your assessments in the Harvard Style. For example:
Website Name – Page or Document Name, Retrieved insert the date. Webpage link.
For a book: Author surname, author initial Year of publication, Title of book, Publisher, City, State

assessment guide
The following table shows you how to achieve a satisfactory result against the criteria for each type of assessment task. The following is a list of general assessment methods that can be used in assessing a unit of competency. Check your assessment tasks to identify the ones used in this unit of competency.
Assessment Method Satisfactory Result Non-Satisfactory Result
You will receive an overall result of Competent or Not Yet Competent for the unit. The assessment process is made up of a number of assessment methods. You are required to achieve a satisfactory result in each of these to be deemed competent overall. Your assessment may include the following assessment types.
Questions All questions answered correctly Incorrect answers for one or more questions
Answers address the question in full; referring to appropriate sources from your workbook and/or workplace Answers do not address the question in full. Does not refer to appropriate or correct sources.
Third Party Report Supervisor or manager observes work performance and confirms that you consistently meet the standards expected from an experienced operator Could not demonstrate consistency. Could not demonstrate the ability to achieve the required standard
Written Activity The assessor will mark the activity against the detailed guidelines/instructions Does not follow guidelines/instructions
Attachments if requested are attached Requested supplementary items are not attached
All requirements of the written activity are addressed/covered. Response does not address the requirements in full; is missing a response for one or more areas.
Responses must refer to appropriate sources from your workbook and/or workplace One or more of the requirements are answered incorrectly.
Does not refer to or utilise appropriate or correct sources of information
Observation/Demonstration All elements, criteria, knowledge and performance evidence and critical aspects of evidence, are demonstrated at the appropriate AQF level Could not demonstrate elements, criteria, knowledge and performance evidence and/or critical aspects of evidence, at the appropriate AQF level
Case Study All comprehension questions answered correctly; demonstrating an application of knowledge of the topic case study. Lack of demonstrated comprehension of the underpinning knowledge (remove) required to complete the case study questions correctly. One or more questions are answered incorrectly.
Answers address the question in full; referring to appropriate sources from your workbook and/or workplace Answers do not address the question in full; do not refer to appropriate sources.
Practical Activity All tasks in the practical activity must be competed and evidence of completion must be provided to your trainer/assessor.
All tasks have been completed accurately and evidence provided for each stated task. Tasks have not been completed effectively and evidence of completion has not been provided.
Attachments if requested are attached Requested supplementary items are not attached

Assessment Cover Sheet
Student’s name:
Assessors Name: Date:
Is the Student ready for assessment? Yes No
Has the assessment process been explained? Yes No
Does the Student understand which evidence is to be collected and how? Yes No
Have the Student’s rights and the appeal system been fully explained? Yes No
Have you discussed any special needs to be considered during assessment? Yes No
The following documents must be completed and attached
? Written Activity Checklist
The student will complete the written activity provided to them by the assessor.
The Written Activity Checklist will be completed by the assessor. S NYS
? Written Activity 2 Checklist
The student will complete the written activity 2 provided to them by the assessor.
The Written Activity 2 Checklist will be completed by the assessor. S NYS
? Research Task and Written/Oral Questioning Checklist
The student will complete a research task and answer a range of questions either verbally or written.
The Questioning Checklist will be completed by the assessor. S NYS
I agree to undertake assessment in the knowledge that information gathered will only be used for professional development purposes and can only be accessed by the RTO:
Overall Outcome ?Competent ?Not yet Competent
Student Signature: Date:
Assessor Signature: Date:
Assessment cover sheet

Result and Feedback
Feedback to Student:
Overall Outcome ?Competent ?Not yet Competent
Assessor Signature: Date:

written activity 1
For this assessment, you will need to perform the following task. This task will need to be completed and submitted in a professional, word processed, format, and must be 1000 words minimum in length.
Your task is to develop a risk management strategy for your financial service or one that you would like to work for. To do this you will need to:
Analyse the risk factors for financial investment and insurance products in that service
Determine the appropriate risk exposure management strategies
Communicate these strategies to relevant staff and intermediaries
Personally manage the risk assessment strategies
This assessment is aimed at setting a strategy for portfolio managers, including what types of business will be targeted and not targeted.
In your strategy you will need to consider the following before you develop the risk management strategy:
All relevant legislation, standards, regulatory guidelines and industry sector compliance requirements. For example:
Insurance Act 1873
Insurance contracts Act 1984
Corporations Act 2001
The Australian Banking Association Code of Practice
ASICS finance related consumer protection regulations and licensing regulations and restrictions for financial services providers
Com Law – for all other Finance Related Legislation
Financial Transaction Reports Act 1988 (Cwlth)
Anti-Money Laundering and counter-Terrorism Financing Act 2006 (Cwlth) (AML/CTF Act)
Credit Act 1985 (Cwlth) and Consumer Credit (Victoria) Act 1995
Cheques Act
Financial Services Reform Act
Superannuation Industry (Supervision) Act
Australian Prudential Regulation Authority Act 1998
Australian Securities and Investments Commission Act 2001
Financial Management and Accountability Act 1997
Financial Sector (Shareholding) Act 1998
National Credit Act
Payment Systems and Netting Act 1998
Australian Corporations Act 2004
Australian Taxation Act
Organisational policy, procedures, guidelines and authorities related to risk management (you may need to determine the performance targets of the organisations capacity to assess and accept risk)
Performance targets may be related to:
Compliance with legislation and regulations
Consistency of the application of risk assessments
Compliance with organisational policies and procedures
Risk mitigation figures
Levels of risk that are undertaken by the organisation
Percentages of risk undertaken
Strategy application for risk management
Relevant risks, including the high and low hazard financial and legislative risk areas. (you will need to access the Australian risk management standards to complete this section)
Areas that are considered to be low risk will have been assessed to have:
Minimal risk exposure
Be compliant with current market conditions
Within the organisations accepted level of exposure
As high hazard risk areas are those that may result in:
Breaches in compliance
Financial loss
Loss of market sector
Loss of other resources
Damage to public relations
A range of other high risks
Actuarial and financial principles and processes related to risk exposure strategies
Relevant industry hazards
Within the financial industry there are a range of different industry hazards and specific risk exposures that may be related to a range of business activities including:
Financial
Business continuity
External
Internal
Marketplace
Relevant risk exposures and an evaluation of those risks and hazards (you will need to identify your organisation’s business risk elements and control risk elements)
Risks that products and services may cause may include:
Financial
Inability to recoup monies spent
Organisational image
Public relations
Compliance issues
Determine compliance factors and requirements
Develop appropriate risk mitigation strategies
Establish the risk assessment criteria
To perform these tasks you will need to identify and collate all up-to-date information in a form that is suitable for analysis and then begin a review on this information.
You will need to consider the known exposure factors and evaluate the risk acceptability factors within the context of mitigating capabilities and organisational requirements.
Once you have done this you will need to:
Develop risk acceptance and rejection criteria
Risk acceptance and rejection criteria will be based on:
Level of Risk: The potential of a negative outcome occurring.
Magnitude: The word magnitude in relation to financial risk speaks to the size and extent of the financial risk to the organisation.
Volatility: The word volatility in relation to financial risk speaks to the level of uncertainty and amount of likelihood to change and by how much the risk is likely to change.
It is essential to ensure that a range of strict terms and conditions are created for the risk acceptance of risk factors that are deemed to be high risk and these may include:
Strict risk assessment procedures
Obtaining legal advice
Parameters of risk acceptance
Variables that are acceptable
Variables that are not acceptable
Approvals processes
Information collection processes
Compliance procedures
Mapping of legislative and regulatory requirements
Careful design of contingency plans
Roles and responsibilities
Accountability practices
Percentages and variants of risk
Practices for diversifying risk
Identify high and low hazard financial and legislative risk areas
Develop appropriate risk mitigation strategies which may include:
Policies and procedures change
Change management strategies
Implementation of contingency plans
Altering actions to make up for damages causes by risks
It will then be necessary to document a clear outline of the risk acceptance strategy including:
Purpose of the risk acceptance strategy
Guidelines of the strategy
Purpose of risk acceptance criteria
Management structure of the framework
Related policies
Related action plans
Related procedures
Information related to how the risk acceptance strategy will be made accountable
Resources
Templates
Reporting structure
Recording structure
Learning and development opportunities
Review and monitoring structure
Then you will need to get feedback on and finalised the risk acceptance criteria. If you are not in a workplace you will need to ask your trainer/assessor to give you feedback on your work.
To complete this assessment you will require access to the following:
Office equipment, technology, software and consumables
Relevant legislation, regulations and codes of practice
Relevant Australian standards relating to risk management
Organisational and industry risk management documentation

Written Activity Checklist
Written Activity Checklist
For this assessment, the student must complete the written activity.
The written activity is a stand-alone activity that will allow the student to display the required knowledge and skills that are essential when deciding overall competency.
Student’s name:
Assessor’s name:
Has the student satisfactorily completed the written activity?
Yes No
Did the Student provide evidence of their ability to:
Your task is to develop a risk management strategy for your financial service or one that you would like to work for. To do this you will need to: ? ?
Analyse the risk factors for financial investment and insurance products in that service ? ?
Determine the appropriate risk exposure management strategies ? ?
Communicate these strategies to relevant staff and intermediaries ? ?
Personally, manage the risk assessment strategies ? ?
This assessment is aimed at setting a strategy for portfolio managers, including what types of business will be targeted and not targeted. ? ?
In your strategy you will need to consider the following before you develop the risk management strategy: ? ?
All relevant legislation, standards, regulatory guidelines and industry sector compliance requirements. For example: ? ?
Insurance Act 1873 ? ?
Insurance contracts Act 1984 ? ?
Corporations Act 2001 ? ?
The Australian Banking Association Code of Practice ? ?
ASICS finance related consumer protection regulations and licensing regulations and restrictions for financial services providers ? ?
Com Law – for all other Finance Related Legislation ? ?
Financial Transaction Reports Act 1988 (Cwlth) ? ?
Anti-Money Laundering and counter-Terrorism Financing Act 2006 (Cwlth) (AML/CTF Act) ? ?
Credit Act 1985 (Cwlth) and Consumer Credit (Victoria) Act 1995 ? ?
Cheques Act ? ?
Financial Services Reform Act ? ?
Superannuation Industry (Supervision) Act ? ?
Australian Prudential Regulation Authority Act 1998 ? ?
Australian Securities and Investments Commission Act 2001 ? ?
Financial Management and Accountability Act 1997 ? ?
Financial Sector (Shareholding) Act 1998 ? ?
National Credit Act ? ?
Payment Systems and Netting Act 1998 ? ?
Australian Corporations Act 2004 ? ?
Australian Taxation Act ? ?
Organisational policy, procedures, guidelines and authorities related to risk management (you may need to determine the performance targets of the organisations capacity to assess and accept risk) ? ?
Performance targets may be related to: ? ?
Compliance with legislation and regulations ? ?
Consistency of the application of risk assessments ? ?
Compliance with organisational policies and procedures ? ?
Risk mitigation figures ? ?
Levels of risk that are undertaken by the organisation ? ?
Percentages of risk undertaken ? ?
Strategy application for risk management ? ?
Relevant risks, including the high and low hazard financial and legislative risk areas. (you will need to access the Australian risk management standards to complete this section) ? ?
Areas that are considered to be low risk will have been assessed to have: ? ?
Minimal risk exposure ? ?
Be compliant with current market conditions ? ?
Within the organisations accepted level of exposure ? ?
As high hazard risk areas are those that may result in: ? ?
Breaches in compliance ? ?
Financial loss ? ?
Loss of market sector ? ?
Loss of other resources ? ?
Damage to public relations ? ?
A range of other high risks ? ?
Actuarial and financial principles and processes related to risk exposure strategies ? ?
Relevant industry hazards ? ?
Within the financial industry there are a range of different industry hazards and specific risk exposures that may be related to a range of business activities including: ? ?
Financial ? ?
Business continuity ? ?
External ? ?
Internal ? ?
Marketplace ? ?
Relevant risk exposures and an evaluation of those risks and hazards (you will need to identify your organisation’s business risk elements and control risk elements) ? ?
Risks that products and services may cause may include: ? ?
Financial ? ?
Inability to recoup monies spent ? ?
Organisational image ? ?
Public relations ? ?
Compliance issues ? ?
Determine compliance factors and requirements ? ?
Develop appropriate risk mitigation strategies ? ?
Establish the risk assessment criteria ? ?
To perform these tasks you will need to identify and collate all up-to-date information in a form that is suitable for analysis and then begin a review on this information. ? ?
You will need to consider the known exposure factors and evaluate the risk acceptability factors within the context of mitigating capabilities and organisational requirements. ? ?
Once you have done this you will need to: ? ?
Develop risk acceptance and rejection criteria ? ?
Risk acceptance and rejection criteria will be based on: ? ?
Level of Risk: The potential of a negative outcome occurring. ? ?
Magnitude: The word magnitude in relation to financial risk speaks to the size and extent of the financial risk to the organisation. ? ?
Volatility: The word volatility in relation to financial risk speaks to the level of uncertainty and amount of likelihood to change and by how much the risk is likely to change. ? ?
It is essential to ensure that a range of strict terms and conditions are created for the risk acceptance of risk factors that are deemed to be high risk and these may include: ? ?
Strict risk assessment procedures ? ?
Obtaining legal advice ? ?
Parameters of risk acceptance ? ?
Variables that are acceptable ? ?
Variables that are not acceptable ? ?
Approvals processes ? ?
Information collection processes ? ?
Compliance procedures ? ?
Mapping of legislative and regulatory requirements ? ?
Careful design of contingency plans ? ?
Roles and responsibilities ? ?
Accountability practices ? ?
Percentages and variants of risk ? ?
Practices for diversifying risk ? ?
Identify high and low hazard financial and legislative risk areas ? ?
Develop appropriate risk mitigation strategies which may include: ? ?
Policies and procedures change ? ?
Change management strategies ? ?
Implementation of contingency plans ? ?
Altering actions to make up for damages causes by risks ? ?
It will then be necessary to document a clear outline of the risk acceptance strategy including: ? ?
Purpose of the risk acceptance strategy ? ?
Guidelines of the strategy ? ?
Purpose of risk acceptance criteria ? ?
Management structure of the framework ? ?
Related policies ? ?
Related action plans ? ?
Related procedures ? ?
Information related to how the risk acceptance strategy will be made accountable ? ?
Resources ? ?
Templates ? ?
Reporting structure ? ?
Recording structure ? ?
Learning and development opportunities ? ?
Review and monitoring structure ? ?
Then you will need to get feedback on and finalised the risk acceptance criteria. If you are not in a workplace you will need to ask your trainer/assessor to give you feedback on your work. ? ?
To complete this assessment you will require access to the following: ? ?
Office equipment, technology, software and consumables ? ?
Relevant legislation, regulations and codes of practice ? ?
Relevant Australian standards relating to risk management ? ?
Organisational and industry risk management documentation ? ?
Feedback to Student:
Result ? Satisfactory ? Not Yet Satisfactory
Assessor’s Signature: Date:

written activity 2 CHECKLIST
For this assessment you will need to use the risk management strategy you have developed and think about how you would implement it.
Now it is time to develop an implementation plan. Your will need to include:
Management of the implementation strategy
Monitoring methods
Evaluation methods
In this strategy you will need to plan for the implementation which means deciding on a few things. To help you do this you should develop a work breakdown structure (WBS). Your work breakdown structure should include:
Project management requirements
Assessing Project Risk
Resources management
Performance Management and tracking
Project financial management
Resource Acquisition
Budgets and financial management
Project schedule and timeline
Continual improvement management for the project life cycle
You will need to identify the resources your need for this task in the above section so make sure you identify all of them. These resources may include:
Human Resources: This encompasses the skills, experience and knowledge as well as the time that they put in, the business owners time will be calculated in this category as well.
Financial: Shares, Cash, and any other financial resources
Technological: these are the processes and systems or physical technological items and equipment such as specially designed software and information management systems.
Physical: this encompasses all tangible physical assets such as equipment, supplies, buildings and office space.
Reputation: this includes the perceptions of the organisation and can be measured by marketing and public relations budgets that may need to be up kept in order to maintain this.
Then you will need to develop procedures for staff members outlining the information and requirements for implementing the strategy. These procedures/action plans may include:
Financial plans
Promotional strategies
Resource requirements
Risk management issues and strategies
Specific actions, initiatives and tasks to be undertaken
Staffing/responsibility requirements and arrangements
Time lines
Communication strategy
The next step is to write a presentation for staff members. This may include:
Presentation book
PPT slides
Handouts
In a short report you will need to outline how you would monitor and evaluate the implementation if the risk management strategy in your workplace. This will include meetings and reviews and should indicate timelines for these meetings and reviews. These meetings should incorporate gathering of feedback so a feedback form should be developed now for this.
Once you have completed this assessment you will need to collate all the information you have developed and submit it to your assessor. Please ensure you go through both written activity 1 and 2 again to ensure you have completed all aspects of this assessment.

Research Task and Written/Oral Questions
The following questions may be answered verbally with your assessor or you may write down your answers. Please discuss this with your assessor before you commence this task to ascertain if you are to complete this section. Your assessor can be contacted via their email address provided to you on enrolment or via service@mentor.edu.au.
Short Answers are required which is approximately 4 typed lines = 50 words, or 5 lines of handwritten text.
Your assessor will take down dot points as a minimum if you choose to answer them verbally.
Answer the following questions either verbally with your assessor or in writing.
To complete this task, you are to research the risk issues, management and tolerance and options for risk management and answer the following questions.
What will risk acceptance and rejection criteria be based on?
What are the eleven principles of risk management?
What is actuarial analysis?
What tools can be used to measure benchmarks or performance targets? List eight
There are a large range of potential business risk elements that may impact on an organisation. List eight
List and describe four sources of information that you might use when collating accurate, reliable and up-to-date information.
Identify the relevant legislation and discuss the key pieces of it relating to one of the following:
Insurance contracts
Privacy
Consumer protection
Corporations law
What is “mitigating capabilities”? Give one example
What organisational factors impact on organisational requirements within an organisation in relation to risk acceptability factors? Briefly describe each
What organisational information needs to be assessed in order to determine the risk acceptance requirements of an organisation?
Risk acceptability factors vary according to what?
What are governance structures, and what might they include?
What terms and conditions are required for the risk acceptance of high risk factors? List five
When documenting the outline of the risk assessment strategy, what will it be necessary to include?
What methods might you use to collect feedback?
What is a WBS, and what is it used for?
Briefly describe the five main categories of resources.
Action plans should include all of the relevant information required to set out and achieve a goal. What information should be included on an action plan?
Outline the process for developing an effective communication plan.
Why is it necessary to monitor a risk acceptance strategy?
What is the purpose of evaluating a risk assessment strategy?
What results will need to be documented in relation to reviews and evaluations processes?

Research Task and Written/Oral Questions
Research Task And Written/Oral Questions Checklist
The assessor needs to indicate whether they have conducted the questioning as written questions or as verbal questions by ticking the box below.
? Written Questioning ? Verbal Questioning
The assessor must provide evidence with the assessment tool. For written questions, the assessor must provide the student’s original written responses. For verbal questioning, the assessor must provide dot points as a minimum on the student’s responses.
For details on how to conduct and contextualise this form of assessment, please refer to the questioning checklist explanation in the assessor guide.
Student’s name:
Assessor’s name:
If questions are answered verbally, the assessor must write detailed answers in the sections provided below. The space below does not indicate the size of the answer anticipated. Keep typing and the space will expand. If answers are recorded separate to this document, they must be attached to the assessment documents. Satisfactory response
Yes No
1 What will risk acceptance and rejection criteria be based on? ? ?

2 What are the eleven principles of risk management? ? ?

3 What is actuarial analysis? ? ?

4 What tools can be used to measure benchmarks or performance targets? List eight ? ?

5 There are a large range of potential business risk elements that may impact on an organisation. List eight ? ?

6 List and describe four sources of information that you might use when collating accurate, reliable and up-to-date information. ? ?

7 Identify the relevant legislation and discuss the key pieces of it relating to one of the following:
Insurance contracts
Privacy
Consumer protection
Corporations law ? ?

8 What is “mitigating capabilities”? Give one example ? ?

9 What organisational factors impact on organisational requirements within an organisation in relation to risk acceptability factors? Briefly describe each ? ?

10 What organisational information needs to be assessed in order to determine the risk acceptance requirements of an organisation? ? ?

11 Risk acceptability factors vary according to what? ? ?

12 What are governance structures, and what might they include? ? ?

13 What terms and conditions are required for the risk acceptance of high risk factors? List five ? ?

When documenting the outline of the risk assessment strategy, what will it be necessary to include?
What methods might you use to collect feedback?
What is a WBS, and what is it used for?
Briefly describe the five main categories of resources.
Action plans should include all of the relevant information required to set out and achieve a goal. What information should be included on an action plan?
Outline the process for developing an effective communication plan.
Why is it necessary to monitor a risk acceptance strategy?
What is the purpose of evaluating a risk assessment strategy?
What results will need to be documented in relation to reviews and evaluations processes?
Feedback to Student:
Result ? Satisfactory ? Not Yet Satisfactory
Assessor’s Signature

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