BSBRSK501 : Manage Risk - Coffeeville Case Study - Business Assignment Help

Assignment Task :

Assessment description
Using the simulated workplace documents and the case study scenario on the Appendix 1, you are required to analyse information from a range of sources of simulated workplace to identify the scope and context of the risk management process that includes: stakeholder analysis, political, economic, social, legal, technological and policy context, current arrangements, objectives and critical success factors for the risk scope and risks that may apply to the scope.

Assessment instructions
1. Review the simulated workplace (Coffeeville) to undertake the risk management.
2. Read the workplace scenario on the Appendix 1 to determine the risk scope and the risk context.
3. Review the “Risk Management Policy” of the simulated workplace on the appendix
4. Analyses information from a range of sources to identify the scope and context of the risk management process including:
a. stakeholder analysis,
b. political, economic, social, legal, technological and policy context,
c. current arrangements of risk management,
d. objectives and critical success factors for the area included in scope and risks that may apply to scope.
5. This task requires you to meet with your manager (assessor) and other stakeholders. Form the individuals with specific roles to role-play as agreed by your assessor.
6. Complete the following assessment task activities during the allowed assessment date/s and time/s.
7. The assessment task is due on the date specified by your assessor.
8. Any variations to this arrangement must be approved in writing by your assessor.
9. Submit your work with any required evidence attached.
10. See the specifications above for details of submission requirements. Time allowed for the assessment task is 3 hours.

Your task
You are the café manager of Coffeeville. Emma Balcastran, the CEO of the café has asked you to review information of the workplace to identify the scope and context of the risk management for Coffeeville. She has asked you to write a report by undertaking the following activities to manage risks for the cafe:
1. Review the existing arrangements for risk management of the café including the and procedure and their effectiveness.
2. Review organizational process, requirements and key elements of current risk management standards and identify the scope of risk management for the café including legislative and regulatory context of the organisation in relation to risk management.
3. Identify and describe the critical success factors, goals or objectives for areas included in scope.
4. Identify internal and external stakeholders, their role in the process, and any issues or concerns they have. Complete this using the table format provided in Appendix 3.
5. Complete a PEST analysis and a SWOT analysis for risks associated with the scenario.
6. Review the research information provided in the case study and any other literature that is relevant to this scenario to use in your risk management process.
7. Establish the risk context for the risk management process for the new café in Melbourne.
8. After you have completed the above activities, you need to meet with your manager (your assessor) and discuss the draft report you have developed. In dot-point form, summarise the discussions with your manager. This should include any recommendations they made to you. As part of your discussions with your manager,
you also need to discuss and identify how you can communicate with stakeholders about the risk management processes and invite their participation. Arrange to meet
with James and Ben in a role-play to further discuss and identify risks associated with the café (scenario). Develop a draft of the communication for the use.

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