Australian Risk Management
This subject describes the skills and knowledge required to manage risks in a range of contexts across an organisation, or for a specific business unit or area, in any industry setting. It applies to individuals who work in positions of authority and are approved to implement change across the organisation, business unit, program or project area.
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Skills
Employability skills developed in this subject:
Analytical Skills, Attention to Detail, Problem Solving Skills, Quantitative Risk Management Skills, Technical Skills, Strategic Thinking, Teamwork, Emergency Response, Regulatory Compliance.
Performance evidence
To complete the subject the participant has been able to demonstrate the ability to:
- Analyse information from a range of sources to define the scope and context of risk management; consult stakeholders to jointly assess risk and formulate an action plan; execute and oversee that plan, adjusting strategy on outcomes and feedback; and keep records of analysis, actions and evaluations.
Knowledge evidence
To complete the subject requirements safely and effectively the individual has been able to:
- Outline the aim and critical components of prevailing Australian risk management standards; describe the legislative and regulatory framework shaping the organisation's risk strategy; and describe organisational policies and processes for risk identification, assessment and mitigation.
eLearning skills
Digital and study skills applied throughout:
Computer Skills, Adaptability, Self Starter, Communication Skills, Writing Skills, Organisational Skills, Teamwork, Collaboration, Time Management, Research Skills.
Language
Medium of instruction:
English is the Medium of Instruction.
This excerpt includes information sourced from training.gov.au to complement our understanding. Most of the content is based on our interpretation of that information; please note its limited use for its intended purpose.