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The Register of Regulated Qualifications

View Unit : Assess, manage and monitor risk in a business environment

Unit
Unit Reference Number
H/601/2557
Qualification Framework
QCF
Title
Assess, manage and monitor risk in a business environment
Unit Level
Level 4
Unit Sub Level
None
Guided Learning Hours
18
Unit Credit Value
4
Date of Withdrawal
SSAs
15.2 Administration
Unit Grading Structure
Pass
Assessment Guidance

N/A.

Learning Outcomes and Assessment Criteria
Learning Outcome - The learner will:Assessment Criterion - The learner can:
1

Understand how to assess, manage and monitor risk in a business environment

1.1

Describe sources of risk in a business environment, including health and safety

1.2

Describe ways of assessing and monitoring risks in an organisation

1.3

Explain how to judge when risks are acceptable

1.4

Describe ways of minimising risks in an organisation

1.5

Explain the importance of learning from mistakes made when dealing with risk

2

Be able to assess, manage and monitor risk in an organisation

2.1

Identify possible sources of risk in own area of responsibility

2.2

Recognise, identify and deal with new risks, as required

2.3

Assess the level of risks in own area of responsibility

2.4

Make judgements on acceptable risks

2.5

Confirm and maintain procedures for minimising risk in own area of responsibility

2.6

Confirm and maintain procedures for monitoring risk in own area of responsibility

2.7

Use outcomes of assessing and dealing with risk to make recommendations for improvement

Equivalent Units
There are no equivalences to display.
2.5.10.0L