BSBPMG517: Manage Project Risk - BSB51415: Diploma of Project Management - Research Proposal Assignment Help

Assignment Task:

Assessment Task Number Assessment Type Notes 
1 Questioning To be completed by the due date provided by 

• the trainer/assessor 2 Role play/Case Study To be completed by the due date provided by 
• the trainer/assessor 3 Case Study Questioning To be completed by the due date provided by 
• the trainer/assessor 

1. Learners will be given the learner assessment at the beginning of the unit 
2. Learners may need to spend some hours outside the class hours without supervision to complete the 
assessments 
3. All assessment tasks must be answered CORRECTLY to achieve competency in the unit 
4. All the units of competency must be deemed competent to complete the qualification and obtain a certificate 
5. The assessment requirement for this unit are presented clearly in the Unit of Competency located at 
6. In the Learner assessment, you must be able to: 
o Answer CORRECTLY all questions 
o Complete all assessment tasks within the required timeframe 
o Complete all assessments tasks to a satisfactory standard 
7. The following resources are required for this assessment: 
o access to appropriate documentation and resources normally used in the workplace 
o access to computer with internet and word processing software 

Reasonable adjustment For information on reasonable adjustment please refer to the student 
After all of the assessment evidence has been gathered from the assessment tasks for this unit/cluster of units of competency the Record of Assessment stating your result will be completed. Information for the Learner 
If you do not understand any part of the unit or the assessments you are required to undertake, please talk with your trainer/assessor. It is important that you understand all of the aspects of the learning and assessment process that you will be undertaking. This will make it easier for you to learn and be successful in your studies. 

Assessment Task 1 – Questioning 

Instructions for completion 
? You are required to answer correctly all questions in Assessment Task 1 – Questioning 
? Responses to the questions may be typed 
? Use of correct grammar and spelling is required to demonstrate foundational skills 

? Use of APA referencing must be used where original sources other than your own have been used – to avoid plagiarism 
? Write your name, Student ID, the assessment task and the name of the unit of competency on each piece of paper you attach to this assessment document 
? Submit to your trainer/assessor by the due date Due Date The trainer/assessor will provide a date and time for this assessment 
The due date is 
1. Why is project risk management important and where does it take place in the project phases? 
2. Explain the key components of a typical risk management plan. 
? Roles and responsibilities 
? Timing 
? Thresholds 
? Communication 
? Tracking and Auditing 
3. What are the 10 principles of risk management (the 10 P’s)? 
4. How would you evaluate and prioritise risk events? 
5. Explain the following concepts: 
? Risk responsibility 
? Risk register 
? Risk criteria 
? Risk classification 
6. Outline a strategy that could be used to ensure participatory arrangements are established and maintained with employees and their representatives within a small business. Be sure to include how you would document this process and make the information available to all employees to ensure you meet legislative requirement 
7. Provide a basic outline of the purpose of AS/NZS/ISO 31000:2009. What are some similarities between a standard such as IS) 31000:2009 and a risk management plan? 
8. Outline the steps for developing a risk management plan. 
9. List at least 5 ways that you can consult with employees to review effectiveness of your risk management plan? 
10. Why are stakeholders included in determining risk objectives? 
11. List two methods that can help a project manager keep up to date to any risk probabilities beforehand. 
12. List and explain least two key components/techniques of risk management plan. 
13. How can you nurture input from your stakeholders to determine risk objectives. 

Assessment Task 2 – Role Play / Case study 
Context 
Urunduru Well Drilling (UWD) intends to become a peak provider of Water Well constructions and restoration services in Victoria. UWD's overall strategy will be based on a continuing improvement process of setting objectives, measuring results, eliminating damages and risks and providing feedback to facilitate further growth and progress. The company have been involved in medium scale water well drilling for seven years and are now branching out to medium size dam building. 
You will be taking on the role of a risk consultant in the area of excavation. Your position involves identifying and analyse the risks, developing existing risk management strategies and risk control, liaising with teams to support excavation risk identification and management, considering client and organisational viewpoints, and performing risk assessments on this project 
For more information regarding Urunduru Well Drilling (UWD), please see the appendices A - D. 

Part 1 (Role Play) 
In this task you are expected to conduct a meeting with the site supervisor (your trainer) to determine risk objectives, project risk context, and classify the risk you have identified. 
Urunduru Well Drilling (UWD) is beginning a new water well construction work, and the work team have been asked by the client to use a new material for the well. The new concrete requires deep excavation, and produces airborne contamination. Recently a company in Perth has been harshly criticised in social media for using the concrete. Moreover, non-governmental organisations such as environment watchdog recently issued a statement that warns companies to put in place risk strategy if using the same material because in order to prevent the contamination the concrete slab has to be placed in the excavation. Nevertheless, there is no government legislation that bans the concrete from being used in construction and building projects. (Additional information about the project is included in Appendix A) 
As risk consultant you are required to meet with the site supervisor ( a role to be played by your trainer). In your role you will focus on the excavation part of the project. You are required to have a risk mitigation strategy by meeting with the site supervisor (to be played by your assessor). The meeting is to assess the potential risks associated with excavation in the new construction work. In all sections you must identify at least 3 risks. 
Your assessor will be looking for: 
a) assessment of the potential risks of the project and establish project risk context ( Knowledge of the risk context, including relevant legislation and regulations. Determine risk objectives and standards, with input from stakeholders ). 
b) knowledge of the relevant legislation and regulations 
(Ability to classify risks according to likelihood and severity, assign identified project risks within agreed 

risk categories such as risk registoror or risk matrix) 
c) Risk classification and category to the identified risks, use the template provided to you in attachment 
Once you finish your role play with your supervisor (role to be played by your trainer) please submit a report of your findings 
Note in separate paper the negotiations you made with the supervisor as you will need them in your assessment 3. 
Appendices A 
Appendix A – Project information Urunduru Well Drilling (UWD) has taken on a new client, Rural Support NGO (RSN). Rural Support NGO has 
sponsored the fund to solve the water supply construction in the rural area. 
Rural Support NGO (RSN) has contracted Urunduru Well Drilling (UWD) to build the Well in Northcote, which 
originally costs $3.5 million excluding land which it has already purchased. As the allocated land for the well 
should be done in mantle rock and backfill of the old tunnel tube large part of the excavation for the new well is 
complex. For this reason, Rural Support NGO (RSN) has decided that it would like to use a recently engineered 
Dangola Dynamite that allegedly produces air pollution. 
Dangola Dynamite has only begun being used worldwide within the past six months. Its major advantage is that it 
is 50% cheaper than the other materials. Only one Perth supply company stock the product. Rural Support NGO 
(RSN) time limit for the water well is only 8 -11 months or 38 -51 weeks. 
Urunduru Well Drilling (UWD) has accepted the contract because the management team believe that the project 
would reduce the cost of production by 50% by using Dangola Dynamite. If the allegations of DD are not proved 
the material will introduce a new dimension in the Well Construction. 
Project Objectives: 
To complete the build on time: 38-51 weeks 
To source the new material and prove it is not risk to the construction industry 
To appropriately utilise the material, with as little damage as possible 
Complete the project with zero risk 
To stay within budget: $3.5 million 

Recommended actions for grades of risk 
Grade Risk mitigation actions 
A Mitigation actions, to reduce the likelihood and seriousness, to be identified and implemented 
as soon as the project commences as a priority. 
B Mitigation actions, to reduce the likelihood and seriousness, to be identified and appropriate 
actions implemented during project execution. 
C Mitigation actions, to reduce the likelihood and seriousness, to be identified and costed for 
possible action if funds permit. 
D To be noted - no action is needed unless grading increases over time. 
N To be noted - no action is needed unless grading increases over time. 
Part 2: Create a risk plan. (Minimum 800 Maximum of 1200 words) 
Create a risk management plan for the position of the Excavator in Urunduru Well Drilling (UWD) . This document will be used by management and the work teams to monitor and control risks associated with the excavators, hence you will need to use language that is appropriate for the industries audience. 
As the document will be used as a reference, you will need to ensure that it is compliant with relevant legislation. 
It must include: 
a) Analysis of the risks identified in task 1 and completed risk register, with a minimum of 5 risks (refer to template in appendix D) b) A job safety analysis (refer to appendix C for a template) c) Risk management and treatment plan that should address points a) and b) d) Methods to review regularly the risk and introduce a mechanism that encourages feedback. Your explanation as to how people can submit feedback on the document 
In this task you are required to demonstrate your risk analysis skills and templates, document clearly identified risk such as risk registrar or job risk analysis show your plan to regular risk review 

Part 3: Consult with the client (800 words). 
In this assessment you are required to write a report (800 words) about your finding in assessment 1 and 2. You are required to meet with your client, Rural Support NGO (RSN) to give your first briefing on the risks associated with their project. In this meeting you are required to consult with the client on risk treatments, and allow the client to participate in deciding the importance of the risks. 
Your assessor will be looking for: 
a) Customer service and interpersonal skills 
b) your ability to discuss the priority identified in assessment 1 and 2 
c) explain What you negotiated in your meeting with the supervisor (in your role play assignment 1) 
d) discuss timeframes for the next review of risk processes 

Part 4: Monitor and control new risks by updating risk plan. (Minimum 800 words Maximum of 1000 words) 
As outlined in previous parts of your assessment the main material for the construction is Dongola Concrete. The only company which supplies Dongola is Changu PLC. The supplier was also previous suppliers to Urunduru Well Drilling (UWD) and offers competitive pricing. However, the two companies severed their partnership last year on bad terms. Urunduru Well Changu PLC Supplies frequently made late deliveries without notice or compensation. Unfortunately, you did receive this information after you completed the risk analysis. Your customer has asked you to include this new risk into your report. 
Considering this information, you must modify the plan to include: 
a) Identify new/additional risks 
b) Arrangement of risk priority in relation to already established risks 
c) Initiate two risk treatment/approaches for the newly identified risk 
d) What is your advice to the management in regard to who should manage the new and likely risk of supply shortage 

Part 5: Review and evaluate existing processes, and make recommendations via a written report. (Minimum 500 Maximum of 750 words) 
Create a report to evaluate risk management processes. Your report must include: 
a) A minimum of 3 suggestions for improving risk management processes 
b) A list of at least 5 risks that affect Urunduru Well Drilling’s (UWD) future 
c) A suggestion for a process that would improve all future projects 
d) Justification of your opinions 

Assessment Task 3 – Questioning 
Questions and Answers 
Based on your experience in the recent role as Well Project Risk consultant, answer correctly the following question. Your answer should refer specifically to your project and not to general theoretical answers. 
1. Review your performance in assessment Task 2 Part 1 in terms of risk management. How would you review whether your recommendation to the management was implemented and your risk management processes and procedures you proposed to the company was effective? 
2. Outline three (3) different ways you can alert people to potential hazards and risks in the workplace 
3. When determining the level of risk within an organisation, where would you gather your information from? 
4. Outline a strategy that you could implement to stakeholders / employees in OH&S legislation. Be sure to detail how you would maintain the currency of information provided 
5. Outline a strategy that could be used to ensure participatory arrangements are established and maintained with employees and their representatives within Urunduru Well Drilling (UWD). Be sure to include how you would document this process and make the information available to all employees to ensure you meet legislative requirements 
6. Outline the process you would use to ensure that any issues raised through participative arrangements and consultations are dealt with and resolved promptly and effectively? 
7. You are to detail how should Urunduru Well Drilling (UWD) identify an intervention point for expert hazard and risk advice if need arise. Be sure to provide examples of when they would seek expert advice, and who you would contact to receive such advice. 
8. Outline the Hierarchy of Control, explaining how it affects your suggested control measures 
9. Describe the main components of the following legislation / codes of practice 
? Duty of Care 
? Company Law 
? Contract Law 
? Environmental Law 
? Industrial relations law 
10. What information should you include in your risk management action plan? 
11. Describe the steps you would take when implementing a risk management action plan 
12. Describe the steps you would take when monitoring your risk management action plan. 
13. Describe the steps you would take when evaluating your risk management action plan. 
14. Describe at two or three effective methods you employed when communicating the evaluation results with your client. 

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