Project Assessment Task 1 For this. task you are to choose an organisation to base your risk management plan on. The organisation may be the tbusmesslcompany you work for or a company of your choice or it could also be an area of the RGQ'Stered Training Organisation in which you are studying. if you choose to do the risk management plan on your workplace you must provide evidence to your Assessor Of any communication you have had with colleagues/stakeholders. Your assessor may ask you further qUeStionS for clarication on any of the points in the checklist. ltyou choose a company you are not associated with or the Registered Training Organisation, the RTO Wi\" be the Simulated work enVIronment. The Trainer/Assessor and other students may play the roles of colleagues and stakeholders where requnred for this task and your Assessor will observe the Role Plays to ensure all points in the checklist are covered. Part A :12::r:r;equtireld to review the organisations current processes, procedures and requirements and develop a risk informgati :n p an In accordance With current risk management standards. To assist in gaining the required 0 , you are to discuss, communicate With and obtain information on the points below from colleagues and/or stakeholders. Your review of the risk management plan must include: 1. Review of the organisations processes, procedures policies and requirements 2. Explain the scope and the risk context of the plan 3. A detailed stakeholder analysis which includes internal and external stakeholders and any issues or concerns they have raised. 4. A PESTL analysis including policy context 5. A SWOT analysis 6. Scope which includes critical success factors and objectives 7. Identication and analysis of risks. 8. Options for treatment of risks and an action plan for implementing the risk treatment. 9. Once the risk management plan is completed, ensure all documentation is in order and explain where it is saved. Your evaluation of risks must include: - considering the likelihood of the risk occurring - considering the impact of the risk - determining which risks are most signicant and are therefore priorities for treatment Your action plans should include: - what actions are required - time lines - who is taking responsibility - monitoring processes Your risks may include those relating to: - human behaviour - commercial relationships - economic circumstances and scenarios legislation ' natural events technology - individual activities management activities and controls - political circumstances