Project 1

• Within this project, you are required demonstrate your skills and knowledge to manage business risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.

  If you are currently in a workplace, you are strongly encouraged to complete the workplace version of this assessment. You will need to nominate a workplace supervisor who will be able to observe you completing the tasks within the project. Contact your trainer/assessor to obtain the workplace version of this project.

  Where a current workplace is not available, you must conduct your practical assessment in an environment where conditions are typical of those experienced in a workplace. Therefore, you must complete the following assessment using the simulated company Espresso Caf Pty Ltd. Please ensure that you read the BSBRSK501 Project Overview prior to commencing this project.

  All documents that you create within each task are required to be submitted at the end of the project.

  Resources required:

  To complete this project via the simulated workplace assessment option, you will need access to the following:

  • A computer with internet connection
  • Email
  • Phone
  • Microsoft Office Software including Word
  • A Video camera or mobile phone with video recording capabilities
  • A safe environment to conduct the role play activity
  • BSBRSK501 Project Overview
  • Espresso Caf Pty Ltd Business Plan Excerpt
  • Espresso Caf Pty Ltd Risk Management Strategy
  • Espresso Caf Pty Ltd Risk Management Policy and Procedure
  • Risk Assessment Template
  • Risk Identification Template
  • Risk Treatment Plan Template
  • Task 2 James Smith Character Brief
  • Task 3 Raymond Langford Character Brief
  • Task 2 Observation Checklist
  • Task 3 Observation Checklist
  • Task 5 Observation Checklist
  • Task 6 Observation Checklist

  Your trainer/assessor will email you the supporting documents required for this project.

• 1

  Task 1

  Ensure that you have read the BSBRSK501 Project Overview before commencing this task. Your trainer/assessor would have emailed this document to you.

  For the purpose of this task, your Trainer/Assessor will play the role of Espresso Caf Pty Ltd CEO, Margaret House.

  1. Review the following documents:

  a. Espresso Caf Pty Ltd Business Plan Excerpt

  b. Espresso Caf Pty Ltd Risk Management Strategy

  c. Espresso Caf Pty Ltd Risk Management Policy

  2. Write an email to the CEO, Margaret House that addresses the following points:

  a. The effectiveness of the Espresso Caf Risk Management Framework in supporting the principles and processes of risk management, set out in the risk management standard AS/NZS ISO 31000:2018.

  b. Identify and describe the scope of the risk management process.

  The scope will be the extent of the areas that will be addressed within the risk management process.

  c. Identify and describe the critical success factors, goals or objectives for areas included in the scope

  d. Identify relevant internal and external stakeholders, their role in the risk management process along with any issues or concerns that they may have. Complete the Table of Stakeholders Template provided and attach it to your report.

  e. Complete a PESTLE analysis to identify risks associated with the scenario. Outline the relevant legislation, regulations and standards (including those at a local level i.e. Toowoomba Council)

  f. Identify two risk management arrangements currently in place e.g. systems, policies, procedures. List two strengths and weaknesses for each arrangement.

  You are required to ask Margaret to review the above points, particularly your understanding of the critical success factors and goals. You should also ask for any additional input from Margaret and approval to proceed with identifying and analyzing risks associated with the project.

  3. Margaret will respond via email and advise whether you are able to proceed with the identifying and analysing the risks associated with the project.

  4. Save a copy of your email correspondence with Margaret to PDF. Upload the email correspondence in the space provided below.

  Upload a file (7MB max)

• 2

  Task 2

  This task must be conducted as a role play. You will require one volunteer to play the role of James Smith, Bakers Caf Supervisor.

  Ensure that you provide your volunteer with the Task 2 - James Smith Character Brief prior to commencing the role play.

  You are required to video record the role play between yourself and James Smith. Save the recording for submission at the end of this project.

  You are required to complete the Risk Identification Register during this role play.

  Scenario:

  Following your correspondence with Margaret, you have received permission to travel to the Toowoomba store to research risks that may apply to the project. Margaret has cleared it with James Smith, the current senior supervisor at Bakers Caf.

  You arrived at the Caf and noted the two hours drive time that it took to get there from the CBD of Brisbane. The long drive time from Toowoomba to Brisbane would make attending the weekly managers meeting difficult considering many meetings did not finish until into the evening after refreshments. There are also manager training sessions that need to be completed over the next six months with a few other managers. Navagating the steep narrow climb up the range with trucks blocking the way is quite difficult even in daylight hours. Being a competent driver you feel that it would be unlikely that you would have involved in an accident, but it still concerns you considerably.

  1. Conduct a meeting with James to brainstorm and identify any additional risks that could impact on areas such as human resources management, financial operations, WHS, the local governance and overall compliance.

  Record the risks in the Risk Identification Register template provided.

  Save a copy of the Risk Identification Register to PDF. Upload it in the space provided below.

  Save a copy of the video recording for submission. You will be required to share the video recording via Dropbox. Your trainer/assessor will review the video recording and assess you based on the Task 2 Observation Checklist.

  Upload a file (7MB max)

• 3

  Task 3

  This task must be conducted as a role play. You will require one volunteer to play the role of Raymond Langford, Bakers Caf Landlord.

  Ensure that you provide your volunteer with the Raymond Langford Character Brief prior to commencing the role play.

  You are required to video record the role play between yourself and Raymond Langford. Save the recording for submission at the end of this project.

  You are required to complete the Risk Identification Register that you commenced in Task 2 during this role play.

  1. Following your correspondence with Margaret, you have also received permission to meet with Raymond Langford, Bakers Caf landlord.

  Conduct a meeting with Raymond to discuss the caf, council by-laws and aspects concerning the surrounding district. Identify any risks that could impact the takeover.

  Record the risks in the Risk Identification template that you commenced in Task 2.

  Save a copy of the Risk Identification Register to PDF. Upload it in the space provided below.

  Save a copy of the video recording for submission. You will be required to share the video recording via Dropbox. Your trainer/assessor will review the video recording and assess you based on the Task 3 Observation Checklist.

  Upload a file (7MB max)

• 4

  Task 4

  1. Access the Risk Assessment Register template that has been provided.
  2. Enter identified risks into the Risk Assessment Register. Note each risk must be entered into a separate row in the template. Add more rows if required.
  3. Complete the Inherent Risk Analysis, Control Assessment and Residual Risk Analysis within the Risk Assessment Register.
  4. Save the Risk Assessment Register to PDF. Upload it in the space provided below.

  Upload a file (7MB max)

• 5

  Task 5

  This task must be conducted as a role play. For the purpose of this task, your Trainer/Assessor will play the role of CEO, Margaret House.

  1. Access the Risk Treatment Plan Template.
  2. Enter identified risks into the Risk Treatment Plan Template. Note each risk must be entered into a separate row in the template. Add more rows if required.
  3. Phone Margaret House to discuss the risks that you have identified and determine the appropriate risk treatment and implementation date. Ensure that you take into consideration how urgently risks must be addressed.

  4. Record the risk treatment for each identified risk within the Risk Treatment Template.

     You are not required to complete the Monitoring sections of the Risk Treatment Plan yet. These sections will be completed within Task 7.

     Save the completed Risk Treatment Template to PDF. Upload it in the space provided below.

  5. Save a copy of the video/audio recording of the role play for submission. You will be required to share the recording via Dropbox. Your trainer/assessor will review the video recording and assess you based on the Task 3 Observation Checklist.

  Upload a file (7MB max)

• 6

  Task 6

  This task must be conducted as a role play. You will require one volunteer to play the role of James Smith, Bakers Caf Supervisor. Please note, a character brief is not required for James within this role play.

  You are required to video record the role play between yourself and James Smith. Save the recording for submission at the end of this project.

  1. Conduct a meeting with James to discuss the risk management process and action plans that you have developed in consultation with the Espresso Caf CEO, Margaret House.
  2. Save a copy of the video recording for submission. Your trainer/assessor will review the video recording and assess you based on the Task 6 Observation Checklist.

  Upload a file (7MB max)

• 7

  Task 7

  1. Implement your risk treatment plan for one key risk. You may need to discuss and agree with your trainer/assessor how to provide evidence of your implementation.
  2. Save all documents relating to the implementation of the risk treatment plan within a zipped/compressed file. Upload the file in the space provided below.

  Upload a file (7MB max)

• 8

  Task 7 Continued

  Explain how you will monitor and review the implementation of the risk treatment plan.

  Upload a file (7MB max)

• 9

  Task 7 Continued

  Complete the Monitoring sections of the Risk Treatment Plan.

  Save the completed Risk Management Plan to PDF for submission. Upload it in the space provided below.

  Upload a file (7MB max)

• 10

  Task 8

  Contact your Trainer/Assessor and request that they email you the Risk Outcomes document. You must review this document prior to commencing this task.

  1. Write an evaluation report of the effectiveness of the risk management plan, including risk assessment by comparing the implementation plan with the outcomes.
  2. Save your report to PDF for submission. Upload it in the space provided below.