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To assess your understanding of Risk Management, having attended the training

workshop, work through the checklist below.

This checklist is designed to assist you to assess your level of understanding of

the issues surrounding risk management and whether you need to follow up on

any point/s or not.

feel confident that you can

:

Contribute to the team process, to identify and prioritise

potential risk events

􀂈

Provide input to help develop risk management strategies

and risk management plans within established guidelines

􀂈

Use established risk management methods, tools and

techniques to assist in the analysis and reporting of

identified risk events

􀂈

Undertake project activities in accordance with agreed

project and risk management plans

􀂈

Determine levels of risk in accordance with risk matrix

used by the organisation

􀂈

Consider the importance of the activity, its outcomes and

the degree of control over the risks

􀂈

Consider potential and actual losses which may arise from

the risk

􀂈

Take into account benefits and opportunities presented by

the risk

􀂈

Prioritise and document the reason/s for acceptance of

unacceptable risks

􀂈

Develop and document risk management strategies 􀂈

Document strategies according to organisational requirements 􀂈

Submit strategies for approval in line with organizational

procedures

􀂈

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Q: What are the objectives of risk assessment in a single story building?
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