Risk Management 2 -Eleven Principles Of The AS/NZS ISO 31000 - Assignment Help

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Risk Management 2 Assignment Help

TASK 1. a.Explain why you (representing the organisation) would review its existing risk management practices (policy, procedure, process) b.Provide the rationale for the review c. List the benefits of doing the review.  2. a. Provide three  examples of the scope that risk management may cover; b. provide a brief explanation of what it is within the scope that risk management will be applied.  3. In your own works, summarize: Eleven (11) Principles of the AS/NZS ISO 31000 Risk Management – Principles and Guidelines b. Three (3) objectives of the AS/NZS ISO 31000 Risk Management –Principles and Guidelines 4. How would you ensure that your risk management processes take intoaccount the following legislation, codes of practice and national standards? Briefly describe each legislation. Provide a practical example for each legislation of what risk action you would take that takes into account the legislation.  a. Duty of care b. Company law c. Contract law d. Environmental law e. Freedom of information f. Industrial relations law g. Privacy and confidentiality h. Competition and Consumer Law i. Disability law 5. a. Give an example of a risk management activity: and,  b. explain why it is important to gain the support stakeholders. c. Explain one method you can use to gain support; and d. why you chose this particular method. 6. a. Discuss three (3) ways of how you will communicate with relevant stakeholders about the risk management process.  b. Justify why you chose these.  7. a. Explain how you would encourage stakeholders to participate and assist in risk identification activities.  b. Justify the benefit of this approach.

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