Course Content
Allocating work
1.1 Consult relevant groups and individuals on work to be allocated and resources available 1.2 Develop work plans and allocate work according to organisational requirements and operational plans 1.3 Develop and confirm performance standards and key performance indicators with relevant staff 1.4 Conduct risk analysis according to organisational risk management plan and legal requirements
0/4
Assess performance & provide feedback
2.1 Review performance management and processes according to legislation, organisational objectives and policies 2.2 Train participants in the performance management and review process 2.3 Conduct performance management according to organisational policies procedures and relevant timelines 2.4 Monitor and evaluate performance according to performance standards and key performance indicators 3.1 Provide informal feedback and coaching to staff 3.2 Advise relevant personnel, where performance is poor and take necessary actions 3.3 Document feedback according to the organisational performance management system 3.4 Conduct formal structured feedback sessions as necessary and according to organisational policy
0/7
Manage performance follow up
4.1 Develop performance improvement and development plans according to organisational policies 4.2 Monitor underperforming individuals according to organisational policies 4.3 Respond to underperforming individuals, as required 4.4 Reinforce excellence in performance through recognition and continuous feedback
0/2
BSBLDR522 Manage people performance
About Lesson

Download the exercise file for a sample risk plan

Conducting a Risk Analysis: Following Your Organisation’s Plan

 

An organisational risk management plan provides a framework for identifying and assessing potential threats to your business. Here’s a breakdown of the steps involved in conducting a risk analysis based on such a plan, along with legal considerations:

 

Steps:

  1. Identify Risks: Brainstorm and document potential hazards across various areas (financial, operational, safety, etc.). Utilise your organisation’s risk management plan for guidance on specific areas to consider.
  2. Assess Likelihood & Impact: Evaluate the probability of each risk occurring and the potential severity of i`ts consequences. The risk management plan might suggest a scoring system for this step.
  3. Risk Prioritisation: Rank risks based on their likelihood and impact scores. This helps prioritise which risks require the most immediate attention.
  4. Develop Control Measures: For each significant risk, brainstorm and document strategies to mitigate its impact or likelihood. The plan might suggest control categories like eliminating, reducing, transferring, or accepting the risk.
  5. Document & Monitor: Record your risk analysis findings, including identified risks, their likelihood and impact scores, chosen control measures, and responsible individuals for implementation. Regularly review and update your analysis as circumstances change.

 

Legal Considerations:

While there’s no single Australian law mandating a specific risk management process, several legal requirements influence it:

 

  • Work Health and Safety Act (WHS Act 2011): Requires employers to identify and manage work health and safety risks. Your risk analysis should address these.
  • Fair Work Act 2009: Ensures a safe work environment. Your risk analysis should consider potential threats to employee safety.
  • Privacy Act 1988: Protects personal information collected during risk analysis (e.g., employee performance). Ensure data is handled according to these guidelines.

 

By following your organisation’s risk management plan and adhering to relevant legislation, you can conduct a comprehensive and legally sound risk analysis that safeguards your business.

Exercise Files
SAMPLE -Risk Management Plan.docx
Size: 320.09 KB