Question: Design, develop and document a risk management plan related to a risk in your organisation or a fictional one as previously decided upon with your
Design, develop and document a risk management plan related to a risk in your organisation or a fictional one as previously decided upon with your trainer.
It may relate but is not limited to:
the reduction of accidents, illness or incidents relating to worker or general public safety
the prevention of operational discontinuity
the need for new or innovative improvement changes in processes or procedures and the associated risks
environmental impact issuesincluding resource use and management
Explain why and how you would initiate and implement the risk management plan and:
Establish the context and scope of the plan. Include descriptions of:
the organisations goals and missions
current policies and procedures that relate to risk management
current standards that may apply
the larger context, eg political, economic, social, legal, technological
Identify the risks Outline or provide examples of how you would invite input from stakeholders to identify risks.
Analyse the risks and identify a suitable treatment option.
Create an action plan. The plan must clearly describe the risks proposed actions, resource needs, responsible persons, time frames, deadlines, expected outcomes and success metrics.
Explain the implementation monitoring and evaluation processes.
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