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Risk Assessment Task 1

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Risk Assessment Task 1
Assessment Task 1

BSBRSK501B Manage risk

Assessment Task 1
Short Answer Questions
Submission details
Candidate’s name

Phone no.

netty

Assessor’s name

Phone no.

Assessment site
Assessment date/s

Time/s

The Assessment Task is due on the date specified by your assessor. Any variations to this arrangement must be approved in writing by your assessor.
Submit this document with any required evidence attached. See specifications below for details. Performance objective
You are required to demonstrate understanding of a wide range of questions to assess your underpinning knowledge of the management of risk.

Assessment description
For this task you are required to demonstrate an understanding of standards and legislation relevant to risk management, and the management of risk across an organisation in a range of contexts.

Procedure
You are required to:
1. Review the written questions provided
2. Provide written responses to the questions
3. Submit your responses in the agreed timeframe.

Site Institute

May 2014

Page 1 of 20

Assessment Task 1

BSBRSK501B Manage risk

Specifications
You must provide:
● In approximately 200-250 words please answer all of the questions below.
Your assessor will be looking for
:
● evidence that you understand the required legislative requirements
● evidence that you understand risk management practices in the business sector.

Short Answer Questions
1. What are three ways that research can be conducted for risk-related issues?
For each way, briefly describe how it may be done.
Questionnaires
Is a popular way of collecting data, but are difficult to design and often require many rewrites before an acceptable questionnaire is produced. doing questionnaires does have a lot of advantages and disadvantages but this is still an effective way to collect information. dvantages
A
● Can be used as a method in its own right or as a basis for interviewing or a telephone survey.
● Can be posted, emailed or faxed.
● Can cover a large

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