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Task 1 of 1: Management Report

The Managing Director has asked you to prepare a report which should reassure the senior management team your capability in dealing with the venture. To develop your Management Report, you must apply relevant theoretical concepts, models and Principles of Risk Management, relate them with real world examples of given organisational context and critically analyse your arguments and arrive at justifiable recommendations

Instructions:

The following requirements need to be addressed when preparing the report:

Section A (ACs 1.1, 1.2, 1.3, 1.4, 1.5)

• Define risk in the organisation’s context.
• Explain risk management in the organisation’s context.
• Evaluate three stage risk management process. You should connect it to your organisation’s context.
• Assess the importance of effective risk management in the organisation’s context.
• Critically evaluate five basic methods for risk management that you believe will be helpful in your organisation’s context.

Section B (ACs 2.1, 2.2, 2.3)

• Describe five legislative factors that influence health and safety risk assessment considerations.
• Analyse the influence of relevant legislation, legal factors and regulatory bodies on health and safety in the organisation.
• Evaluate the importance of legislative framework on risk management in the organisation.

Section C (ACs 3.1, 3.2, 3.3, 3.4, 3.5, 3.6)

• Critically evaluate the scope of relevant ISO standards on the organisation.
• Assess the focal points of ISO standards ‘harmonisation’ programmes and its impact on the organisation.
• Examine the application of ISO standards in managing risks in the organisation.