BSBPMG632 - Assessment Task 1: Knowledge Questions

Questions

Provide answers to all of the questions below:

1. Explain the purpose of risk management standards. Include an example of a risk management standard in your answer.
2. Explain the AS/NZS ISO 31000: 2009 Risk Management Principles and Guidelines and each of the 11 principles.
3. Explain the purpose of risk management policies and procedures in the workplace.
4. Outline a step-by-step procedure that companies can use for analysing risks.
5. Describe three examples of tools or techniques that a company could use to identify risks as part of a risk assessment process.
6. Explain the concept of a dynamic risk register and its use across a program.