Public Sector - Draft 2

PSPMGT014 Undertake enterprise risk management_validation

Please scroll down to review the various sections of this document. You can leave a comment by clicking on .
You can choose to be notified when someone else comments by clicking on
You can unsubscribe from notifications by clicking on

Unit application and prerequisites

UNIT CODE

PSPMGT014

UNIT TITLE

Undertake enterprise risk management

APPLICATION

This unit describes the performance evidence, skills and knowledge required to develop a risk management culture in the organisation to maximise the strategic outcomes.

This unit applies to those working in roles involved in enterprise risk management. Those undertaking this unit would work independently performing complex tasks in a range of familiar contexts.

The skills in this unit must be applied in accordance with Commonwealth and State/Territory legislation, Australian standards and industry codes of practice.

No occupational licensing, certification or specific legislative or certificate requirements apply to this unit at the time of publication.

PREREQUISITE UNIT

Nil

COMPETENCY FIELD

Management

UNIT SECTOR

 

0 Comments

This section doesn't have any comments.

Elements and performance criteria

ELEMENTS

PERFORMANCE CRITERIA

Elements describe the essential outcomes

Performance criteria describe the performance needed to demonstrate achievement of the element.

  1. Influence organisational culture
    1. Promote and reflect the strategic advantages of embedding risk management within organisational culture.
    2. Embed risk management requirements and performance indicators in senior position profiles, organisational strategies, policies and plans to mainstream risk management as part of business operations.
    3. Develop and implement strategies to promote knowledge sharing on risk and risk control across organisational functions.
    4. Support and resource initiatives to embed risk management within organisational culture.
    5. Resource and embed risk management training and awareness programs in induction and staff professional development opportunities.
    6. Monitor organisational culture, business outcomes and stakeholder feedback, and identify positive achievements related to risk management initiatives.
  1. Provide strategic direction in risk management
    1. Identify, analyse and communicate future trends and issues that may impact on the organisation’s risk management strategies to senior management, business unit and line managers.
    2. Identify the impact of current and changing needs of the organisation and initiate the development of strategies to address risk management at the enterprise level.
    3. Develop strategic priorities for risk management in the organisation to support overall government policies on risk management and to encourage staff to share information and think laterally.
    4. Communicate strategic priorities to key stakeholders.
    5. Inform key risk management stakeholders, of best practice in the area of risk management and its potential impact on the organisation.

0 Comments

This section doesn't have any comments.

Foundation skills

FOUNDATION SKILLS

Foundation skills essential to performance in this unit, but not explicit in the performance criteria are listed here, along with a brief context statement.

UNIT MAPPING INFORMATION

Release 1: Supersedes and is equivalent to PSPMGT014 Undertake enterprise risk management

LINKS

Companion Volume Implementation Guide

0 Comments

This section doesn't have any comments.

Performance evidence

TITLE

Assessment Requirements for PSPMGT014 Undertake enterprise risk management

PERFORMANCE EVIDENCE

Evidence of the ability to complete tasks outlined in elements and performance criteria of this unit in the context of the job role, and on at least one occasion:

  • articulate models of cultural change and influence key stakeholders to participate
  • influence and consult with others in the implementation of enterprise risk management
  • explain complex concepts and gain support for implementation.

0 Comments

This section doesn't have any comments.

Knowledge evidence

KNOWLEDGE EVIDENCE

Demonstrated knowledge required to complete the tasks outlined in elements and performance criteria of this unit:

  • legislation, regulations, policies, procedures and guidelines relating to risk management
  • strategic approaches to risk management
  • the principles of enterprise risk management
  • models of cultural change.

0 Comments

This section doesn't have any comments.

Assessment conditions

ASSESSMENT CONDITIONS

Skills must be demonstrated in either:

  • a workplace environment or
  • a simulated environment.

Simulated assessment environments must simulate the real-life working environment where the skills and knowledge within this unit would be utilised, with all the relevant equipment and resources of that working environment.

 

Assessment must ensure access to:

  • legislation, policy, procedures and protocols relating to risk management
  • principles and practices of enterprise risk management

Assessors must satisfy the Standards for Registered Training Organisations’ requirements for assessors.

LINKS

Companion Volume Implementation Guide

0 Comments

This section doesn't have any comments.