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SELC-Module C-Assessment Guidelines - Term-4, 2022-Diploma of Project Management
SELC-Module C-Assessment Guidelines - Term-4, 2022-Diploma of Project Management
SELC-Module C-Assessment Guidelines - Term-4, 2022-Diploma of Project Management
Assessment Task 1
1. Explain the importance of establishing a formal system and process to support continuous
improvement
Hints: Search online “Why is it important to establish a formal system to support continuous
improvement?”
For instance- A formal system ensures that continuous improvement is embedded in organisational
processes and etc
4. Explain how brainstorming with staff can be used for effective continuous improvement.
Hints: Search online “how brainstorming with staff can be used for effective continuous
improvement”
For Instance: Through Brainstorming, Many ideas can be generated, then explored, refined and developed
For Instance- It makes sure that there is a formal process for reviewing business systems and processes.
7. Discuss why the goals of lean manufacturing and sustainability are synonymous.
Hints: Search Online “goals of lean manufacturing” and “goals of sustainability Manufacturing”
For instance- Both the methodologies have many similar goals-
- Lean methodologies-the goals of lean manufacturing are --
- Sustainability methodologies- the goals of Sustainability manufacturing are ---
For instance-
Using performance management, employee’s performances are measured against the
Performance Indicators specified.
On the other hand, Continuous improvement makes sure that the performance indicators are
modified to allow for improvements in productivity.
9. Define project issue management in your own words and describe how effective issue
management can positively affect a project’s success.
Hints: Search Online “Project Issue Management” AND “how effective issue management can affect
a project’s success”
For instance- Issue management plays an important role in maintaining project stability and efficiency
throughout the project lifecycle
10. What is the difference between an issue and a risk in project management?
Hints: Search Online “the difference between an issue and a risk in project management”
11. Describe seven steps that can help track and manage project issues.
Hints: Please explain the following SEVEN steps:
1. Create an Issues Register.
2. Log Issues.
3. Assign actions so the responsibilities are well defined.
4. Monitor progress to ensure that action items are being followed up on.
5. Assess the impact of the actions taken.
6. When issues have been resolved, ensure that the result is approved.
7. Close the issue and take it off the list.
12. Describe project issue escalation in your own words and give at least two examples of when it
is used.
Hints: Search Online “project issue escalation” AND “project issue escalation example”
For instance- Escalation means you bypass your direct contact by reaching out to their management in
order to direct attention to a pressing issue.
Two examples-
Example 1- Please provide an example here
Example 2- Please provide an example here
13. Describe at least four elements that should be included in a project’s escalation plan.
HInts: Search Online “elements that should be included in a project’s escalation plan” and choose
any Four and explain these
For instance-
- Element 1-Plan escalation- It is a plan through which it is decided under the circumstances that an
issue to be escalated. Secondly, Who will be reported and so on
- Element -2- Time limits: To reduce any negative effects, time limit has to be in place for issue
resolution
For example-
The three primary constraints that project managers should be familiar with are time, scope, and cost.
These are frequently known as the triple constraints or the project management triangle
19. Define what a project management plan is. List two components.
Hints:- Search Online “Project Management Plan” to define and also mention TWO components
Fro example-
A Project management plan is a formal, approved document that defines how the project is
executed, monitored, and controlled.
Hints:- Search Online “Project Communication Plan” to define and also mention TWO components
Risk Identification.
Risk Analysis.
Response Planning.
Risk Mitigation.
Risk Monitoring
22. Explain the role and purpose of a PMO in the project governance model.
For instance-
Hints:- Search Online “ how RACI assists project governance” and describe.
For instance-
The integration of the RACI chart into your project helps in boosting the overall efficiency
and productivity of your team because it aids you in knowing who does what and hold
anyone accountable for his actions and inactions as far as the execution of the project
tasks is concerned
24. Explain what a stakeholder management plan is
For example-
A stakeholder management plan is a written document that outlines how your team plans
to manage the goals and expectations of key stakeholders during the project lifecycle.
25. Explain what a knowledge management system is
For instance-
A knowledge management system is any kind of IT system that stores and retrieves knowledge to
improve understanding, collaboration, and process alignment.
Assessment Task 2
Hints:-
E-OfficeWorx
Continuous Improvement
Research notes
For example: Six sigma model could be implemented as the continuous improvement model. It
could be reinforced by involving employees in the introduction of Six Sigma strategies and
training key employees in Six Sigma techniques.
Ongoing mentoring would include the provision of mentoring services where a skilled and experienced
employee acts would guide and counsel a less skilled and experienced colleague. This would involve
encouraging and advising on the implementation of continuous improvement processes.
Ongoing coaching would involve the provisions of coaching services to a specific individual or an entire
team. This would ensure that the individual or the team is fully aware and trained about the new continuous
improvement process and procedure
A discussion of strategies for knowledge management and suitable strategies for use at E-
Officeworx
Hints: Please choose any 2 randomly and explain each one briefly
Knowledge sharing: Since the organization does not have a continuous improvement process in place,
through knowledge sharing production quality would enhance and etc
Sharing of best practices:
Establishing communities of practice within the organisation:
Cross-project learning:
Post project reviews:
Mentoring:
Performance management:
Social software such as chat rooms,web blogs, internet forums
Use the Continuous Improvement Policy Template provided to you that includes notes for
guidance in completing each section.
Hints:-
E-OfficeWorx
Purpose
Hints: Please search online “purpose of a continuous improvement policy”
Scope
This policy applies to E-OfficeWorx’s staff and stakeholders, and to all processes within the Quality
Management System.
For example: Six sigma model could be implemented as the continuous improvement model. It
could be reinforced by involving employees in the introduction of Six Sigma strategies and
training key employees in Six Sigma techniques.
Responsibilities
Hints: Please rewrite the following two paragraphs in your words-
Compliance, monitoring and review
- The Operation manager is responsible for ensuring compliance with and monitoring
implementation of the policy and to undertake reviews as required
- input and involvement of all staff should be reinforced in identifying and implementing quality
improvements
Records management
- Staff must maintain all records relevant to administering this policy in a recognised recordkeeping
system
Hints:- Please prepare any Two tools. I have attached Three tools for you. Please recreate your tools by
following my Samples below-
Check sheet-
Feedback form-
Feedback Form
Date:
Name:
Company:
Position title:
Telephone contact:
Email:
For example-
5. Send an email to the General Manager (your assessor)
Hints:
To
From
Project Manager
Subject- Attachment of Research notes, Continuous improvement policy, Continuous improvement tools,
Continuous improvement PowerPoint presentation
Hi,
● The contents of the Research notes, Continuous improvement policy, Continuous improvement tools,
Continuous improvement PowerPoint presentation are summarised as follows-
● Please find attached the Research notes, Continuous improvement policy, Continuous improvement
tools, Continuous improvement PowerPoint presentation and provide Your valuable feedback
● May I ask for a date and a time for a meeting with you to discuss this further.
Your Name
Hints: Copy and Paste from Q.2 and then make some changes-
E-OfficeWorx
Updated Continuous Improvement Policy
Purpose
Hints: Please search online “purpose of a continuous improvement policy”
Scope
This policy applies to E-OfficeWorx’s staff and stakeholders, and to all processes within the Quality
Management System.
For example: Six sigma model could be implemented as the continuous improvement model. It
could be reinforced by involving employees in the introduction of Six Sigma strategies and
training key employees in Six Sigma techniques.
Responsibilities
Hints: Please rewrite the following two paragraphs in your words-
Compliance, monitoring and review
- The Operation manager is responsible for ensuring compliance with and monitoring
implementation of the policy and to undertake reviews as required
- input and involvement of all staff should be reinforced in identifying and implementing quality
improvements
Records management
- Staff must maintain all records relevant to administering this policy in a recognised recordkeeping
system
Hints:
To
From
Project Manager
● The contents of the Revised continuous improvement policy are summarised as follows-
● Purpose > Please summarize in bullet points by referring to the Revised Continuous
Improvement Policy
● Scope > Please summarize in bullet points by referring to the Revised Continuous
Improvement Policy
● Continuous improvement principles > Please summarize in bullet points by referring to the
Revised Continuous Improvement Policy
● Continuous improvement model and implementation > Please summarize in bullet points by
referring to the Revised Continuous Improvement Policy
● Tools to support the continuous improvement process > Please summarize in bullet points
by referring to the Revised Continuous Improvement Policy
● Strategies for encouraging staff to participate in continuous improvement decision-making
> Please summarize in bullet points by referring to the Revised Continuous Improvement
Policy
● Processes for communicating the continuous improvement processes and outcomes >
Please summarize in bullet points by referring to the Revised Continuous Improvement Policy
● Responsibilities > Please summarize in bullet points by referring to the Revised Continuous
Improvement Policy
● Please find attached the Revised continuous improvement policy and provide Your valuable feedback
Your Name
Assessment Task 3
➢ E-officeWorx might brainstorm to use other techniques so that a larger number of customers would
complete the survey
➢ E-officeWorx might Send 1 or 2 reminders to those that have not completed the survey
➢ E-officeWorx might offer incentives to increase survey completion rate
➢ E-officeWorx needs to further analyse why some customers are unsatisfied,if possible personally
contact them for justifications
➢ E-officeWorx needs to reCheck on the question wording. Is each question easy to comprehend?
Hints:
To
The Team
From
Project Manager
Hi,
> Please summarize in bullet points referring to the Continuous Improvement report
> Please summarize in bullet points referring to the Continuous Improvement report
● Please find attached the Continuous Improvement Report and provide Your valuable feedback
Assessment Task 4
You will present and negotiate your plan at a meeting with the project stakeholders, so save
this version of the document as Draft Project Governance Plan.
When completed, submit your Draft Project Governance Plan to your assessor.
Hints:
Grow Management Consultants
Introduction
Clearly state the reason and context for this project, including the desired outcomes.
The project aims to conduct a Leadership Conference in October. It is part of the regular professional
development workshops offered by Grow Management Consultants.
Hints: Please rewrite the following paragraph into your own words-
Stakeholder expectations
Determine what the expectations of the project’s stakeholders are
Hints: Please choose any 2 from below-
Management: Event is successful, profit is made and market exposure is boosted
Employees: Event is successful, profit is made and additional skills are obtained
Clients: Event is beneficial and interesting to attend,additional skills are learned
Venue provider: Event is successful, profit is made, client base is increased and reputation is boosted
Speakers: Event is successful, their reputations are boosted.
Delegated authorities
Describe how authority for project decision-making will be delegated
Donna Chisholm Speaker co-ordinator Confirm with speakers for the conference
Topics selection
Organisational authority
Identify any differences between the organisation’s functional authorities and the project’s authorities
There will be no differences between the company’s functional authorities and the project’s authorities
- No differences have been identified
Position descriptions
Determine the project position descriptions, including each position’s delegated authorities
Project position Position description (Please try to Responsible Delegated Authority
change the following position
descriptions in your own words)
Project Manager Oversee to the overall operation of the Your name Dan Streep
conference
Venue co-ordinator Coordinate venue selection and Dan Streep Ben Lee
prepare the venue for event
Speakers co-ordinator Determine and select the speakers for Donna Chisholm Dan Streep
the conference event
Marketing co-ordinator Coordinate the preparation of Erin O’Donnell Zaid Assis
marketing materials
Financial management Oversee project finances Edith Partridge Betty Ling
2. Create a presentation
You are required to create a PowerPoint (or another presentation program) presentation slides
Hints: Please prepare some power point presentation slides using the following HEADINGS. To find
responses for the following headings,please refer to Q.1’s answer-
-Introduction
-Compliance requirements
-Stakeholder expectations
-Delegated authorities
-Organisational authority
-Position descriptions
For example-
3. Revise your Project Governance Plan.
Update the plan to reflect the discussion you have during the shareholder meeting.
Hints: Copy and Paste from Q.1 and then make some changes-
Introduction
Clearly state the reason and context for this project, including the desired outcomes.
The project aims to conduct a Leadership Conference in October. It is part of the regular professional
development workshops offered by Grow Management Consultants.
Hints: Please rewrite the following paragraph into your own words-
Compliance requirements
How the company’s policies and procedures define which project governance models would be most
appropriate
The program must comply with the following company documents:
Strategic Plan
As part of the plan’s section on attracting, engaging and developing the best staff, is the following point:
Encourage employees to learn from each other and develop skills that support the competent delegation of
tasks
This would support the use of company employees rather than externally-sourced personnel to support
Project Team Members.
Stakeholder expectations
Determine what the expectations of the project’s stakeholders are
Hints: Please choose any 3 from below-
Management: Event is successful, profit is made and market exposure is boosted
Employees: Event is successful, profit is made and additional skills are obtained
Clients: Event is beneficial and interesting to attend,additional skills are learned
Venue provider: Event is successful, profit is made, client base is increased and reputation is boosted
Speakers: Event is successful, their reputations are boosted.
Delegated authorities
Describe how authority for project decision-making will be delegated
Donna Chisholm Speaker co-ordinator Confirm with speakers for the conference
Topics selection
Organisational authority
Identify any differences between the organisation’s functional authorities and the project’s authorities
There will be no differences between the company’s functional authorities and the project’s authorities
- No differences have been identified
Position descriptions
Determine the project position descriptions, including each position’s delegated authorities
Speakers co-ordinator Determine and select the speakers for Donna Chisholm Dan Streep
the conference event
Marketing co-ordinator Coordinate the preparation of Erin O’Donnell Zaid Assis
marketing materials
Financial management Oversee project finances Edith Partridge Betty Ling
4. Write an email to the Project Team and other relevant stakeholders (your assessor)
The text of the email should be in grammatically correct English, written in an appropriate
(polite, business-like) style.
It should introduce and summarise the contents of the attachment and ask for their feedback
and approval to move forward with the project.
Hints:
To
The Team
From
Project Manager
Hi,
-Introduction > Please summarize in bullet points referring to the Project Governance Plan Baseline
-Project governance models > Please summarize in bullet points referring to the Project Governance
Plan Baseline
-Compliance requirements > Please summarize in bullet points referring to the Project Governance
Plan Baseline
-Stakeholder expectations > Please summarize in bullet points referring to the Project Governance
Plan Baseline
-Roles and responsibilities > Please summarize in bullet points referring to the Project Governance
Plan Baseline
-Delegated authorities > Please summarize in bullet points referring to the Project Governance Plan
Baseline
-Organisational authority > Please summarize in bullet points referring to the Project Governance
Plan Baseline
-Position descriptions > Please summarize in bullet points referring to the Project Governance Plan
Baseline
● Please find attached the Project Governance Plan Baseline and provide Your valuable feedback to
move forward with the Project
Your Name
Assessment Task 5
Hints: Please put the following bullet point information into ONE paragraph answer by
changing the explanations into your own words-
● Edith notified that no quotes were received for the printed marketing materials which was
considered a minor concern. While Edith would be on holiday, any financial matter would be
dealt with by Betty,however, to do so Betty just needs to obtain approval from someone in the
senior management.
● Donna chisholm has prepared all the marketing materials and has maintained sound
communication with Erin in confirming the speakers and conference topics
● Erin’s work progress so far tells that She has not yet developed the promotional materials and
has notified that it would be considered a minor concern as long as these get prepared within
the next 14 days. Erin has confirmed that Zaid’s preliminary marketing campaigns through the
Social Media Platform have received very good responses from people.
● Dan streep was supposed to discuss about the list of quotes in terms of their cost effectiveness
with Edith Partridge in finalizing the conference venue as HIlton
Hints:
Governance impact
Analyse the impact that project governance had on achieving the project’s objectives-
Hints: Please choose any 3-4 and change the explanations into your own words-
Lessons learned
Hints: Please change the following bullet point explanations into your own words-
- To make decisions quicker, it would be a good idea to trust and empower the delegated employee
to deal with financial matter including authority to approve finances
.
- To sort out speaker and topic confirmation and venue selection would have sped up if team
members had worked more closely right from the beginning of the Project
Recommendations
Hints: Please choose any 2 -3 and change the explanations into your own words-
- Full autonomy and authority should be given to persons delegated to carry out their tasks including
financial procedures
- A comprehensive training could be provided to delegated persons to carry out Coordinator’s work
in future so that they won’t require any supervision
- Team members should work closely with each other right from the beginning to allow smooth
operation
- There could be a training arranged either internally or externally to learn the art of delegation
Assessment Task 1
1. Identify at least two project risks for each of the following risk categories:
a. Scope risk
Hints: Search Online “Scope risk examples”- Please Mention Two examples-
For example:
● Staff integration issues
b. Scheduling risk
Hints: Search Online “Scheduling risk examples”- Please Mention Two example
For example-
● Errors in estimation
.
c. Resource risk
Hints: Search Online “Resource risk examples”- Please Mention Two examples-
For example:
d. Technology risk
Hints: Search Online “Technology risk examples”- Please Mention Two examples-
For example:
● App or program incompatibility
2. Outline three examples of tools or techniques that could be used to identify risks as part of a
risk assessment process
Hints: Search Online “What are the tools and techniques used for identifying risks?” .. Please
mention Three and explain each in One sentence.
For example:
● Risk identification checklists
3. Outline three sources of information that can be used to gather information on potential risks
within the workplace.
Hints: Search Online ““sources to gather information about potential risks” ”.. Please mention Three and
explain each in One sentence.
For example:
● market research
5. Summarise the purpose of Australia/New Zealand Standard for Risk Management (AS/NZS
ISO 31000:2009) and identify the key principles underlying this risk management standard.
Hints: Search Online for “Purpose of AS/NZS ISO 31000:2009” AND “11 key principles of AS/NZS ISO
31000:2009”
6. Describe the characteristics, techniques and appropriate applications of both quantitative and
qualitative risk analysis.
Hints: Search Online for “characteristics, techniques and appropriate applications of quantitative risk
analysis” AND ”characteristics, techniques and appropriate applications of qualitative risk analysis”
Hints: Search Online for “7 steps of risk management process” and explain each step
8. Explain five options for controlling risk.
Hints: Search Online for “Risk Management Options” and explain each Option
Assessment Task 2
Submit:
Q.1. Prepare a Draft Risk Management Plan
Q.2. Send an email to the CEO
Q.3. Prepare a Risk Management Plan
Q.4. Complete the Risk Register
Q.5. Send another email to the CEO
Use the Risk Management Plan Template to record your work and save this document as Draft
Risk Management Plan.
Hints:
NatureCare Products
Draft Risk Management Plan
Hints: Please rewrite the following bullet point information in your own words-
- To establish a chain of retail outlets in central Sydney and Melbourne within the next six months.
- The CEO is responsible for monitoring and reviewing the culture of risk management throughout
the organisation
- To increase market share by 20%
Hints:
The objective of risk management: Please rewrite the following bullet point information in your own
words-
- To identify potential problems before they occur and have a plan for addressing them
- To look at internal and external risks that could negatively impact an organization
The objective of this Risk Management Plan:Please rewrite the following bullet point information in your
own words-
- To decrease the likelihood or/and impact of human resource related risks which are associated
with the expansion of retail outlets of NatureCare Co.
List at least three methods that could be used to identify risks for the NatureCare expansion
Hints: Search Online for “Methods of identifying risks” and then Choose any three and explain
each method in One sentence-
For example:
Define the categories that risks will be assigned to and how they will be assigned to these
Hints:
The Senior Management will discuss in brainstorming sessions for assigning each of the above
risk categories
The likelihood and impact of each risk is to be assessed separately using the following scales:
Likelihood: The probability is assessed for each risk to occur and then a risk rating is determined
as desirable when a risk is improbable to occur, and Catastrophic when the risk is frequent to
occur.
Impact: The consequence of each occurred risk is estimated and then a risk rating is determined
as Desirable for a Negligible impact, and Catastrophic for a catastrophic impact.
Hints:
To
From
● The contents of the Draft Risk Management Plan are summarised as follows-
- · Identify risk objectives and standards: Please copy information from the above Draft Risk
Management Plan and summarize in bullet points
- · Summary of the risk identification methods used to identify the project risks: Please copy
information from the above Draft Risk Management Plan and summarize in bullet points
- · Establish the project risk context: Please copy information from the above Draft Risk
Management Plan and summarize in bullet points
- · Identify an appropriate risk ranking system:Please copy information from the above Draft
Risk Management Plan and summarize in bullet points
- · Determine risk analysis classification criteria:Please copy information from the above Draft
Risk Management Plan and summarize in bullet points
- · Classify the identified risks within risk categories:Please copy information from the above
Draft Risk Management Plan and summarize in bullet points
- · Determine risk priorities:Please copy information from the above Draft Risk Management
Plan and summarize in bullet points
Your Name
Use your Draft Risk Management Plan to guide your work and save this version of the document as Risk
Management Plan. Your risk management plan should be about four pages long.
Hints:
NatureCare Products
Risk Management Plan
Hints: Please rewrite the following bullet point information in your own words-
- To establish a chain of retail outlets in central Sydney and Melbourne within the next six months.
- The CEO is responsible for monitoring and reviewing the culture of risk management throughout
the organisation
- To increase market share by 20%
Risk management objectives and standards
State the objectives of risk management, the objectives of this plan and the standards that will be used to
guide it.
Hints:
The objective of risk management: Please rewrite the following bullet point information in your own
words-
- To identify potential problems before they occur and have a plan for addressing them
- To look at internal and external risks that could negatively impact an organization
The objective of this Risk Management Plan:Please rewrite the following bullet point information in your
own words-
- To decrease the likelihood or/and impact of human resource related risks which are associated
with the expansion of retail outlets of NatureCare Co.
List at least three methods that could be used to identify risks for the NatureCare expansion
Hints: Search Online for “Methods of identifying risks” and then Choose any three and explain
each method in One sentence-
For example:
Define the categories that risks will be assigned to and how they will be assigned to these
Hints:
The Senior Management will discuss in brainstorming sessions for assigning each of the above
risk categories
Risk analysis classification criteria
The likelihood and impact of each risk is to be assessed separately using the following scales:
Likelihood: The probability is assessed for each risk to occur and then a risk rating is determined
as desirable when a risk is improbable to occur, and Catastrophic when the risk is frequent to
occur.
Impact: The consequence of each occurred risk is estimated and then a risk rating is determined
as Desirable for a Negligible impact, and Catastrophic for a catastrophic impact.
- Risk Register would be created and maintained that will enlist identified and emerging risks
- Agreed upon treatment options would need to be implemented to tackle risks
- Constant monitoring and adjustment would be conducted to ensure risk impact and probability are
updated regularly
- All key information are to be communicated to the stakeholders in order to make them informed as
well as getting their further recommendations
- Risk review will take place every time there is a team meeting either fortnightly or Monthly
- A status report needs to be forwarded to the project manager by the assigned person
- Survey employees to find out how content they are using satisfaction Questionnaire
- Staff retention percentage to find out staff turnover
- Profit and loss statement
- Shareholder’s equity statement
Please choose any 3-4 questions from the following list and rewrite the questions in your own words-
- Have the treatment options been implemented according to the risk management plan?
- Are the treatment options working as per expectations?
- Has the treatment options reduced the probability of risk occurring?
- Has the treatment options eliminated or reduced the inverse impact of risk occurring?
- Has the nature of the risk changed?:
- Has there emerged any new risk?
- Is everyone following the instructions to ensure that the treatment options are functioning?
Risks identified
Hints:Please Choose below the corresponding Six risks with treatment methods-
- Provide tailor suited skill training for the internal workforce(costly approach, but beneficial for skill
development)
- Employ staff from external sources (training cost involved, but fresh ideas and new perspectives)
- Mentoring Opportunity (Time consuming and costly, but beneficial for personal development)
- Professional Career Pathways internally(Additional costs involved, but career pathway attracts
staff)
- Provide financial support to undertake courses and training externally(costly, but beneficial for staff
to advance in their career )
- Recruit external staff (May be time consuming, but an easy option to fill in positions)
- Facilitate coaching and mentoring programs (May be costly, but an easy option to attract staff)
-
VI. Non-competitive compensation arrangement
- Pay competitive compensation (May be costly, but an easy option to attract staff)
- Recruit apprentices/trainees (training cost involved, but fresh ideas and new perspectives)
VII. Compatibility shortages between existing talented staff and company objectives
- Introduce succession planning (Costly and time consuming, but beneficial for developing new
leaders)
- Employ staff from external sources (training cost involved, but fresh ideas and new perspectives)
- Promote inclusive behaviors (Some training costs involved, but may become known as employer of
choice )
- Incorporate these practices into company policy and procedures (May be time consuming, but may
become known as employer of choice ))
IX. Excessive labor costs
- Recruit apprentices/trainees (training cost involved, but fresh ideas and new perspectives)
- Introduce succession planning (Costly and time consuming, but beneficial for developing new
leaders)
- Offer training(Costly, but beneficial for professional and personal development)
- Introducing code of conducts (Some costs involved, but beneficial in the long term in promoting
ethical behaviors)
- Exercise ethical behaviors (time consuming, but Good option for promoting ethical behavior)
- Introduce a reward scheme for ethical practices (Expensive but, Good option for promoting ethical
behavior)
Hints:
NatureCare Products
Risk Register
Risk register
Please fill in the following register with your chosen six risks:
Area Risk Severity Likelihoo Risk Treatment/ Responsibility
d Rating control
methods
Human
resources
expansion
Human
resources
expansion
Human
resources
expansion
Human
resources
expansion
This should include the risk register and an outline of actions for each identified risk including responsible
person for monitoring the risk (who will identify that the risk has occurred or about to occur), responsible
person for taking action (who will have to respond to the risk and how?)
Please refer to the above Q.3 (Analyse project risks) and Q.4 (Risk register) and write a risk
management plan for each of the 5 identified risks.
Make sure to include the following details for each of your 5 identified risks:
For example-
Human Resources Manager and Chief Financial Officer will be incharge to provide the final
decision on identifying and monitoring the potential risk
- How will the responsible person reduce/eliminate the risk by taking treatment action?
Competitive pay offer- Offering a competitive pay rate is essential for developing a productive
and successful team of employees. Providing competitive pay for your employees has several
immediate and long-term benefits. This may be costly, but an easy option to attract staff
Risk - 2-
Risk - 3-
Risk - 4-
Risk - 5-
Hints:
To
From
Hi,
● Please find attached the Risk Management Plan and Risk Register
Your Name
Assessment Task 3
Submit:
Q.1. Monitor Project Risk
Q.2. Prepare the Evaluation Report
Q.3. Send an email to the CEO
Q.4. Send an email to the store managers
Review the Training Survey Results and the Manager Feedback, as well as the case study
information above, and from Assessment Task 2.
Hints:
Changed Circumstances impacting project risks (What has changed for the Store Managers?)-
Please choose any 2 -3 from the following list and rewrite in your own words:
Please choose 2-3 from the following list that match with the above project risks:
- Job based manager training could be introduced and undertaken
- Arrange training on Financial Services for store managers
- Outsource to an accounting firm or Appoint a bookkeeper/accountant to takeover the accounting
duties from the managers
- More in-depth course on retail staff skill could be undertaken
- To maintain a healthy work life balance, existing staff could be provided managerial training so that
they could oversee the managerial works while store managers would be away
-
-
NatureCare Products
Risk Management Evaluation Report
Hints: Please choose any 2-3 from the following list and rewrite in your own words-
- New Stores in Sydney and Melbourne are operating successfully and performing financially well
- The Two customer Service Representatives as the store managers are successfully managing the
functioning of the stores diligently
- More retail store management skills needed to be incorporated into the management training
course
- A healthy work-life balance has not been promoted with specific plans
- New Stores in Sydney and Melbourne are operating successfully and performing financially well
- The current risk management processes and procedures had been adequate to assist in planning
and implementing the risk management initiatives
Please choose any 2 -3 from the following list and rewrite in your own words:
What could be done to reduce the risk of the store managers leaving their jobs?
Please choose 2-3 from the following list that match with the above project risks:
- Job based manager training could be introduced and undertaken
- Arrange training on Financial Services for store managers
- Outsource to an accounting firm or Appoint a bookkeeper/accountant to takeover the accounting
duties from the managers
- More in-depth course on retail staff skill could be undertaken
- To maintain a healthy work life balance, existing staff could be provided managerial training so that
they could oversee the managerial works while store managers would be away
What changes would you make to your Risk Management Plan to ensure that the risk treatment is
more effective the next time a new store is opened.
Hints: Please choose any 2 -3 from the following list and rewrite in your own words:
- Outsource to an accounting firm or Appoint a bookkeeper/accountant to takeover the accounting
duties from the managers
- More tailor made comprehensive training course would need to be arranged that would include all-
encompassing aspects of opening a store
- A number of existing staff could be provided managerial skill training so that they could work
unsupervised
- On the job training could be a desirable option as this would equip staff with more hands on skills
- Succession planning could be initiated at a store level
Hints:
To
From
Hi,
● Please find attached the Evaluation Report and provide your valuable feedback and approval to
move forward with the Project
Your Name
The text of the email should be in grammatically correct English, written in an appropriate
(polite, business-like) style.
Hints:
To
Hi,
I would like to inform you that Our General Manager has given approval to implement the
following two risk responses:
Please choose any 2 from the following list that match with the above project risks:
- Job based manager training could be introduced and undertaken
- Arrange training on Financial Services for store managers
- Outsource to an accounting firm or Appoint a bookkeeper/accountant to takeover the accounting
duties from the managers
- More in-depth course on retail staff skill could be undertaken
- To maintain a healthy work life balance, existing staff could be provided managerial training so that
they could oversee the managerial works while store managers would be away
Your Name