Sunbeam International College

RTO ID: 45759 | CRICOS Provider Code: 03951F

ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA 5000 P: 1300 799 630 | E:
W: https://sunbeam.edu.au

ASSESSMENT
COVERSHEET

Unit: BSBPMG632 – Manage Program Risk

Course Name: RII60520 Advanced Diploma of Civil Construction Design
Assessment
Assessment Task 1: Knowledge questions
Tool:

Student must fill this section:

Student Name:

Student ID:
Privacy Release “I give my permission for my assessment material to be used in
Clause: the auditing, assessment validation & moderation Process”
“I declare that:
 The material I have submitted is my own work;
 I have kept a copy of all relevant notes and reference
Authenticity
material that I used in the production of my work;
Declaration:
 I have given references for all sources of information that
are not my own, including the words, ideas and images of
others.”

Studen
Date:
t
signature:

Assessment Completion Status

Non- Assessor’s
Attempt Satisfactory Date
Satisfactory Signature

Initial attempt  
2nd attempt/Re-
assessment  

Feedback to student:

Sunbeam International College Date Version

Page 1 of 4
Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000
 Sunbeam International College
RTO ID: 45759 | CRICOS Provider Code: 03951F
ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA
5000 P: 1300 799 630 | E:
[email protected]
W: https://sunbeam.edu.au

Information for Student:

 All work is to be entirely of the Student.

General Information for this assessment:
 Read the instructions for each question very carefully.
 Be sure to PRINT your FULL name & LAST name in every place that is provided.
 Short questions must be answered in the spaces provided or follow the word limits as instructed.
 For those activities requesting extra evidence such as: research reports, ESSAY reports, etc. The
student must attach its own work formatted in double space, Arial 12 pts.
 All assessment tasks must be addressed correctly in order to obtain a competence for the unit of
competency.
 If the Student doesn’t understand the assessment, they can request help from the assessor to
interpret the assessment.
 All assessments must be submitted online.
Note: that the hard copy of the assessments will not be accepted.
Re-assessment of Result& Academic Appeal procedures:
If a student is not happy with his/ her results, that student may appeal against their grade via a written letter,
clearly stating the grounds of appeal to the Student Support. This should be submitted after completion of the
subject and within fourteen days of commencement of the new term.
Re-assessment Process:
 An appeal in writing is made to the student support providing reasons for re-assessment /appeal.
 Student support will delegate another faculty member to review the assessment.
 The student will be advised of the review result done by another assessor.
 If the student is still not satisfied and further challenges the decision, then a review panel is formed
comprising the lecturer/trainer in charge and the management OR if need be an external assessor.
 The Institute will advise the student within 14 days from the submission date of the appeal. The
decision of the panel will be deemed to be final.
 If the student is still not satisfied with the result, the he / she has the right to seek independent
advice or follow external mediation option with nominated mediation agency.
 Any student who fails a compulsory subject or appeals unsuccessfully will be required to re-enroll in
that subject.
The cost of reassessment will be borne by the Institute. The external assessor will base his/her judgement
based on principles of assessment. These principles require assessment to be reliable, fair, practical and valid.
Academic Appeals
 If you are dissatisfied with the outcome of the re-evaluation process, you have a right to appeal
through academic appeals handling protocol.
 To appeal a decision, the person is required to complete the Sunbeam Request for Appeal of a
Decision form with all other supporting documents, if any. This form will be available via our website.
The completed Request for Appeal form is to be submitted to the Student Support Officer either in
hard copy or electronically via email.
 The notice of appeal should be in writing addressed to the management and submitted within seven
days of notification of the outcome of the re-evaluation process.
 If the appeal is not lodged in the specified time, the result will stand and you must re-enroll in the
unit.
 In emergency circumstances, such as in cases of serious illness or injury, you must forward a medical
certificate in support of a deferred appeal. The notice of appeal must be made within three working
days of the concluding date shown on the medical certificate.
 The decision of Management will be final.
 Student would then have the right to pursue the claim through an independent external body as
detailed in the students’ complaint / grievance policy.

“I understand all the above rules and guidelines for the assessment”

Full Name Signature Date (dd/mm/yyyy)

Sunbeam International College Date Version

Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0 Page 2 of 4
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000
 Sunbeam International College
RTO ID: 45759 | CRICOS Provider Code: 03951F
ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA
5000 P: 1300 799 630 | E:
[email protected]
W: https://sunbeam.edu.au

Assessment Task 1: Knowledge questions

Information for students

Knowledge questions are designed to help you demonstrate the knowledge which you have
acquired during the learning phase of this unit. Ensure that you:

 review the advice to students regarding answering knowledge questions in the

Business Works Student User Guide
 comply with the due date for assessment which your assessor will provide
 adhere with your RTO’s submission guidelines
 answer all questions completely and correctly
 submit work which is original and, where necessary, properly referenced
 submit a completed cover sheet with
your work avoid sharing your answers with
other students.

i Assessment information

Information about how you should complete this assessment can be found in Appendix A of
the Business Works Student User Guide. Refer to the appendix for information on:

 where this task should be completed

 the maximum time allowed for completing this assessment task

 whether or not this task is open-book.

Note: You must complete and submit an assessment cover sheet with your work. A template
is provided in Appendix C of the Student User Guide. However, if your RTO has provided you
with an assessment cover sheet, please ensure that you use that.

Sunbeam International College Date Version

Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0 Page 3 of 4
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000
 Sunbeam International College
RTO ID: 45759 | CRICOS Provider Code: 03951F
ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA
5000 P: 1300 799 630 | E:
[email protected]
W: https://sunbeam.edu.au

Questions
Provide answers to all of the questions below:

1. Explain the purpose of risk management standards. Include an example of a risk

management standard in your answer.

- Risk management standards act as guidelines and frameworks that assist

organizations in identifying,evaluating, mitigating and overseeing risks
effectively. These standards offer a method for managing risks inareas like
finance, operations, information security and project management. By
adhering to established risk management standards organizations can boost
their capacity to anticipate threats, reduce losses and capitalize on growth
opportunities.

An instance of a known risk management standard is ISO 31000; Risk

Management – Guidelines. Created by the International Organization for
Standardization (ISO) ISO 31000 lays out principles, framework and a
systematic process for handling risk. It stresses the significance of
comprehending the context in which risks emerge creating a risk management
structure aligned with the organization’s goals and external surroundings and
employing an approach to recognize, evaluate, address and monitor risks.

ISO 31000 advocates for a stance towards risk management, by prompting

organizations to embed risk management into their decision-making
procedures. Constantly enhance their risk management methodologies.By
following ISO 31000 or similar standards diligently organizations can
strengthen their resilience against uncertainties. Achieve their goals more
effectively.

2. Explain the AS/NZS ISO 31000: 2009 Risk Management Principles and Guidelines
and each of principles.
1. Risk management creates and protects value: An effective risk management process
ensures that the company achieves its objectives.
2. Risk management is an integral part of all organizational processes: Where the risk
is part of the
decision making this ensures that the decision is made in the context of full knowledge
of risk.
3. Risk management is part of decision making: Where the risk is part of the decision
making this
ensures that the decision is made in the context of full knowledge of risk.
4. Risk management explicitly addresses uncertainty: untabifying risk means that
organizations
understand what potential risk there are and can accordingly.
5. Risk management is systematic, structured and timely: This is important for the
company to be
symmetric and timely.
Sunbeam International College Date Version
Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0 Page 4 of 4
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000
 Sunbeam International College
RTO ID: 45759 | CRICOS Provider Code: 03951F
ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA
5000 P: 1300 799 630 | E:
[email protected]
W: https://sunbeam.edu.au
6. Risk management is based on the best available information: Using updates and
accurate
information is important to ensure that it is accurately identified.
7. Risk management is tailored: the process must be focused on the internal factors
within the
organizations and external factors that affect them.
8. Risk management takes human and cultural factors into account: This is important
that risk
management takes these factors into account to ensure that all possible risk is
identified.
9. Risk management is transparent and inclusive: The risk management process should
include
consultation with all stakeholders and regular communication about risk occurring.
10. Risk management is dynamic, iterative and responsive to change: The process
needs to be
flexible and potential risk needs to be reconsidered over time.
11. Risk management facilitates continual improvement of the organization: The risk
management
process is designed to contribute to continuous improvement over time.

3. Explain the purpose of risk management policies and procedures in the workplace.
-The purpose of risk management policies is to ensure that their overwriting risk principles
as
reflected as the policy statement as well as specific risk management procedures that
specify
how risk how to be identified and manage in order to identify the impact in the
workplace.

4. Outline a step-by-step procedure that companies can use for analysing risks.
Step 1- get the information about potential risk and this can be done by both internal and
external resources
Step 2- asses the livelihood of the risk occurring using the risk assessment legend
Step 3- assess severity of the potential consequences for the agency of risk occurring using
the
risk assessment legend.
Step 4 – assign a ranking to the risk using the risk assessment legend. The ranking of the
risk will
determine is important in terms of risk management.

5. Describe three examples of tools or techniques that a company could use to identify
risks as part of a risk assessment process.

1. Conducting brainstorming through staff meetings.

2. Using checklist to identified type of risk that must be present.

Sunbeam International College Date Version
Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0 Page 5 of 4
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000
 Sunbeam International College
RTO ID: 45759 | CRICOS Provider Code: 03951F
ABN: 69 643 667 850
A: 62-64 Gawler Place, Adelaide, SA
5000 P: 1300 799 630 | E:
[email protected]
W: https://sunbeam.edu.au
3. Scenario analysist to identify potential risk and the best solution to address this.

6. Explain the concept of a dynamic risk register and its use across a program.
-If dynamic risk registered is one that is kept up to date with all the most important risks
the
project could face and how the project management team could deal with that, and the risk
registered is usually in a table form and that risk analysist and risk treatments.

Sunbeam International College Date Version

Source: Sunbeam_Assessment_BSBMGT517 2-Apr-24 2.0 Page 6 of 4
Campus Address: 62-64 Gawler Place , ADELAIDE SA 5000