BSBOPS504: Explain The Requirements Of WHS Legislation In Relation To Risk Management: Manage Business Risk Assignment, SU, Australia

University Sydney University
Subject BSBOPS504: Manage Business Risk

Assessment 1 – Part A: Short Answer Questions

1.  Explain the requirements of WHS legislation in relation to risk management.

2.  List the factors that must be taken into account in determining risk control measures for hazardous manual tasks as stated in the Model Work Health and Safety Regulations 2011.

3. Explain the purpose of risk management policies and procedures in the workplace.

4.  Outline a step-by-step procedure that companies can use for analyzing risks.

5. Outline three sources of information that a company could use to gather information on potential risks.

6. Provide examples of at least three areas of risk that are common in most business organizations.

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

8. Explain four options that a company could take to control risks.

9. Explain four procedures that a company could use to minimize risk.

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Part B: A case study

This assessment task requires the student, in the role of Operations Manager of NatureCare Products, to develop a risk management briefing report associated with the proposed business expansion. The student will then prepare for a meeting with their team by researching risks, as well as potential risk treatment options pertaining to the NatureCare Products business expansion project.

Following this, the student will meet with their team to brainstorm risks and develop a risk management plan, which includes an action plan to implement identified risk treatments.

Assessment Resources

1. Risk Management Policy and Procedures

2. Team Meeting Minutes

3.  Risk Briefing Report Template

4. Risk Management Plan Template

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