Elements and Performance Criteria

The Range Statement relates to the Unit of Competency as a whole. It allows for different work environments and situations that may affect performance. Bold italicised wording in the Performance Criteria is detailed below.
Risk criteria may include:
the nature and types of causes and consequences that can occur and how they will be measured
how likelihood will be defined
the timeframe(s) of the likelihood and/or consequence(s)
how the level of risk is to be determined
the views of stakeholders
the level at which risk becomes acceptable or tolerable
whether combinations of multiple risks should be taken into account and, if so, how and which combinations should be considered
Treatment options may include:
avoidance of the risk
removing a risk source
changing the likelihood of
an initiating event or source of risk occurring
a hazard impacting on elements at risk
changing the consequences of an identified hazard impact
sharing the risk
retaining the risk based on an informed decision
Organisational standards and guidelines may include:
AS/NZS ISO 31000:2009 Risk management—Principles and guidelines
regulatory or legislative requirements
environmental protection and sustainability regulations
industry standards and codes of practice
organisational charter/business plan
organisational OHS, risk management or resilience policies or operating procedures
Effectiveness may include:
benefits to the individual
benefits to the organisation
cost benefits resulting from the implementation of the treatment
cost of implementing the treatment option
Treatment plans may include:
budgeting
expected outcome of treatments
performance measures
responsibilities
review process to be set in place
schedules
Monitored may include:
critical observation
identification of changes over time
regular checking
regular recording

Critical aspects for assessment and evidence required to demonstrate competency in this unit
Assessment must confirm the ability to define and identify risk language, definitions and terminology. Evidence must also be provided of stakeholders’ involvement throughout the treatment process and that an informed analysis and selection of treatment options has been undertaken using the methodology and procedures approved by the organisation.
Consistency in performance
Competency should be demonstrated by gathering evidence over a range of workplace scenarios, using a variety of tools and methodology and should include the assessment of a variety of risks that may adversely impact on the organisation.
Context of and specific resources for assessment
Context of assessment
Competency should be assessed in the workplace or under conditions that closely simulate the workplace.
Specific resources for assessment
Access to:
organisational documentation
relevant organisational standards
appropriate tools and methods used within the organisation
simulated or real-world workplace
Guidance information for assessment
Valid assessment of this unit requires:
a workplace environment or one that closely resembles normal work practice and replicates the range of conditions likely to be encountered when applying the principles of treating operational risk, including coping with difficulties, irregularities and breakdowns in routine
application of the principles of treating operational risk in a range of 3 or more contexts or occasions, over time
Assessment methods should reflect but not exceed workplace demands, such as literacy, and the needs of individuals who might be disadvantaged.
Assessment methods suitable for valid and reliable assessment of this unit must use authenticated evidence from the workplace and/or training courses and should include a combination of two or more of:
workplace projects
simulation or role plays
case studies and scenarios
observation
portfolios