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Unit of competency details

PSPGEN038 - Identify and treat risks (Release 1)

Summary

Usage recommendation:
Current
Mapping:
MappingNotesDate
Supersedes and is equivalent to PSPGOV417A - Identify and treat risksUnit code updated. Content and formatting updated to comply with the new standards. All PC transitioned from passive to active voice. Assessment Requirements created drawing upon specified assessment information from superseded unit. 06/Mar/2016

Release Status:
Current
Releases:
ReleaseRelease date
1 1 (this release) 07/Mar/2016


Qualifications that include this unit

CodeSort Table listing Qualifications that include this unit by the Code columnTitleSort Table listing Qualifications that include this unit by the Title columnRelease
PUA30919 - Certificate III in Public Safety (Biosecurity Emergency Response Operations)Certificate III in Public Safety (Biosecurity Emergency Response Operations)
PSP40316 - Certificate IV in Government SecurityCertificate IV in Government Security
PSP40716 - Certificate IV in Heavy Vehicle Road ComplianceCertificate IV in Heavy Vehicle Road Compliance
MAR40118 - Certificate IV in Maritime Operations (Marine Surveying)Certificate IV in Maritime Operations (Marine Surveying)
PSP30116 - Certificate III in GovernmentCertificate III in Government
PSP40116 - Certificate IV in GovernmentCertificate IV in Government
PUA40419 - Certificate IV in Public Safety (Biosecurity Emergency Response Leadership)Certificate IV in Public Safety (Biosecurity Emergency Response Leadership)
DEF40917 - Certificate IV in Performance Based ContractingCertificate IV in Performance Based Contracting
PSP40416 - Certificate IV in Government InvestigationsCertificate IV in Government Investigations
PSP40616 - Certificate IV in Procurement and ContractingCertificate IV in Procurement and Contracting
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Classifications

SchemeCodeClassification value
ASCED Module/Unit of Competency Field of Education Identifier 080399 Business And Management, N.e.c.  

Classification history

SchemeCodeClassification valueStart dateEnd date
ASCED Module/Unit of Competency Field of Education Identifier 080399 Business And Management, N.e.c.  09/Aug/2016 
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Unit Of competency

Modification History

Release 

Comments 

1

This unit was released in PSP Public Sector Training Package release 1.0 and meets the Standards for Training Packages.

This unit supersedes and is equivalent to PSPGOV417A Identify and treat risks.

  • Unit code updated
  • Content and formatting updated to comply with the new standards
  • All PC transitioned from passive to active voice

Application

This unit describes the skills required to identify and treat risk using the organisation’s risk management procedures and treatments. It applies to the risks inherent in all aspects of everyday work in the public sector as well as to specific functional activities and projects related to the particular mandate of the organisation. It includes establishing the risk context, analysing and evaluating risks and monitoring and reviewing the risk treatment plan.

This unit applies to those working in generalist or specialist roles within the public sector.

The skills and knowledge described in this unit must be applied within the legislative, regulatory and policy environment in which they are carried out. Organisational policies and procedures must be consulted and adhered to.

Those undertaking this unit would work independently, performing complex tasks in a range of familiar and unfamiliar contexts.

No licensing, legislative or certification requirements apply to unit at the time of publication.

Competency Field

General

Elements and Performance Criteria

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element. Where bold italicised text is used, further information is detailed in the range of conditions section.

1. Establish the risk context 

1.1 Establish the nature and extent of the work activity within the broader organisational context.

1.2 Identify and document outcomes to be achieved.

1.3 Analyse relationship between the activity and its environment and identify critical factors in the environment that may impact on the achievement of outcomes.

1.4 Identify and consult stakeholders to understand their opinions, concerns and needs.

1.5 Determine risk evaluation criteria for the activity.

2. Identify risks 

2.1 Select method/s for identifying risks in accordance with risk management policy and procedures, budgetary and time constraints relative to the type of activity to be undertaken.

2.2 Identify and document sources of risk as required.

2.3 Identify and record risk events related to each source of risk.

2.4 Undertake consultation to ensure all possible risks are identified.

3. Analyse risks 

3.1 Analyse and rate the probability of identified risks occurring and consequences.

3.2 Consider current control measures for any of the identified risks in the risk analysis, and analyse and include residual risks if necessary.

3.3 Determine levels of risk in accordance with risk matrix used by the organisation.

3.4 Consult as required to confirm risk levels, and document analysis.

4. Evaluate risks 

4.1 Evaluate risks by comparing the level of risk with risk evaluation criteria established at the beginning of the risk management process.

4.2 Consider the importance of the activity, its outcomes and the degree of control over the risks.

4.3 Consider potential and actual losses which may arise from the risk.

4.4 Take into account benefits and opportunities presented by the risk.

4.5 Identify risks as acceptable or unacceptable in accordance with risk evaluation criteria, and obtain approval.

4.6 Prioritise unacceptable risks and document the reason/s for acceptance of risks.

5. Treat risks 

5.1 Determine options for treating risks.

5.2 Select the best treatment option and undertake a cost-benefit analysis.

5.3 Prepare, approve and communicate a risk treatment plan to those who will be involved in implementation.

5.4 Negotiate changes required to operational structure, procedures or staffing in order to implement risk treatments.

5.5 Organise resources and implement risk treatment plan.

6. Monitor and review risk treatment plan 

6.1 Monitor changes in the organisational environment and factors impacting on the organisation for their impact on risks and existing risk treatments.

6.2 Monitor and adjust risk treatments for unacceptable risks as required.

6.3 Monitor acceptable risks to ensure these risk levels do not increase over time.

6.4 Consult and collect, analyse and use data relating to risks and risk treatments to improve risk management in own area of operation.

6.5 Review risk treatment plan in accordance with timetable for review of plan and updated as required.

6.6 Provide input into formal reviews of risk in the organisation to improve risk management outcomes.

Foundation Skills

Foundation skills are embedded within the elements and performance criteria of this unit.

Unit Mapping Information

This unit supersedes and is equivalent to PSPGOV417A Identify and treat risks.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

 

Assessment requirements

Modification History

Release

Comments

1

These Assessment Requirements were released in PSP Public Sector Training Package release 1.0 and meet the Standards for Training Packages.

  • Assessment Requirements created drawing upon specified assessment information from superseded unit

Performance Evidence

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the candidate must demonstrate evidence of performance of the following on at least one occasion.

  • applying legislation, regulations and policies relating to risk management
  • researching and analysing the wider context affecting the organisation
  • communicating and consulting with a diverse range of stakeholders
  • estimating and arranging resources needed for implementation of risk treatments

Knowledge Evidence

Evidence required to demonstrate competence must satisfy all of the requirements of the elements and performance criteria. If not otherwise specified the depth of knowledge demonstrated must be appropriate to the job context of the candidate.

  • public sector legislation including WHS and environment, regulations, policies, procedures and guidelines relating to risk management
  • AS/NZS ISO 31000:2009 risk management – principles and guidelines
  • HB 436:2004 (guidelines to AS/NZS 4360:2004) Risk Management Guidelines Companion to AS/NZS 4360:2004
  • the organisation’s risk management framework
  • the relationship of risk to context – how the context may define the risks
  • the importance of consultation and communication at every stage of the risk management cycle
  • risk management as a core activity of everyday work in the public sector
  • the diversity of risks in the public sector

Assessment Conditions

This unit contains no specific industry-mandated assessment conditions. Guidance on suggested and recommended conditions and methods can be found in the Implementation Guide.

Assessors must satisfy the NVR/AQTF mandatory competency requirements for assessors.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=bebbece7-ff48-4d2c-8876-405679019623