STUDENT RMIT Classification: Trusted STUDENT – PRODUCT ASSESSMENT TASK Task Number 3 of 3 Task Name National unit/s code BSBSUS511 BSBOPS504 National unit/s title National qualification code BSB50120 National qualification title RMIT Program code C5406 RMIT Course code Sustainability and Risk Management Handbook Develop workplace policy and procedures for sustainability Manage business risk Diploma of Business BUSM6518C BUSM6519C Section A – Assessment Information Assessment duration and/or due date Due in Week 16 Task instructions Type of Product (tick which applies) ☐ Project ☐ Report ✓ Portfolio ☐ Case study Summary and Purpose of Assessment This is Assessment Task three of three that you must complete for this unit. Each assessment task must be satisfactory to be deemed competent in this unit. The purpose of this assessment task is to assess your skills in knowledge in planning a risk and sustainability program This includes identifying and analysing any associated risks involved in a business becoming more environmentally sustainable and then providing strategies to treat these risks. You will work collaboratively in teams of 4-5, however, each student must submit their own work and will be individually assessed. You need to take notes during the group work activities to evidence your collaborative approach. Assessment Instructions What You will be either provided with a case study of an organisation (will be available to download from Canvas) or you can select a business to review with instructor approval. Reading the case study provided or considering the organisation selected, you must compile a Sustainability and Risk Handbook. You will need to collaborate in teams to outline the policies and procedures that need to be implemented in order for the business to take a ‘greener’ approach to sustainability. This should include identifying and analysing any associated risks involved in the business becoming more environmentally sustainable and then providing strategies to treat these risks. You are required to download and read the Stingray Case Study provided in Canvas. Using the information contained in the case study (or from the organisation selected) as well as information gathered from a range of internal and external sources, scope and develop a Sustainability and Risk Management Handbook. [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 1 of 9 STUDENT RMIT Classification: Trusted You should create the Sustainability and Risk handbook in Microsoft Word software, the handbook can be in report format with a cover page that includes student name, student number and course codes supplied in this document. When using external sources of information, you are required to provide the source using the Harvard Referencing method. A reference page must be added to the assessment document. Sustainability and Risk Management Handbook Complete the following about the organisation provided in the case study or about the organisation selected 1. Business Context Briefly summarise the organisation a) What type of organisation is it? b) Who are the major internal stakeholders? c) Who are the major external stakeholders? 2. Risk Management Regarding the organisation, read and evaluate information about legislative and regulatory requirements and conduct your own research to answer the following: a. b. c. d. e. f. g. h. i. What are the current risk arrangements? What are the strength and weaknesses of the current risk arrangements? Determine the scope and context for the risk management process. Identify the types of risks that may apply to scope. Summarise the risks as they apply to the five (5) major categories of risk and how they apply to scope. Describe how you will prioritise risks. Outline the organisational policies, procedures for risk assessment. Provide details of legislative and regulatory context of the organisation in relation to the risk management process. Explain each of the steps involved in the risk management process. 2.1 Conduct a detailed PESTLE (Political, Economic, Social, Technological, Legal and Environmental) analysis and provide examples of how the organisation is exposed to external influences. 2.2 Document the critical success factors, goals and objectives for the area included in the scope. 3. Sustainability Management Read and evaluate information about the organisation, the sustainability policies created in Assessment Task 1, as well as legislative and regulatory requirements to answer the following: a. Provide an outline of the environmental or sustainability legislation and regulations applicable to the organisation. b. Provide an outline of the environmental or sustainability Australian and international standards as well as codes of practice applicable to the organisation. c. Identify internal and external sources of information and explain how they can be used to plan and develop the organisation’s sustainability policy. d. Explain the process and practices for developing policies. e. Outline organisational systems and procedures that relate to sustainability. f. Outline typical barriers to implementing policies and procedures in an organisation and suggest possible strategies to address each of the barriers. 3.1 Create a responsibilities matrix as shown in Table 1. Place this in your handbook and populate the table with the following information: a. b. c. d. Describe the activities to be undertaken Assigned responsibilities Expected due dates Any costs associated with the activities (example – printing) [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 2 of 9 STUDENT RMIT Classification: Trusted 3.2 Write an email to your team members informing them of how the new sustainability policies will be promoted in the workplace. Table 1: Responsibilities Matrix Activities to be undertaken 4. Due date Implementation Process Person Responsible Costs Continuous Improvement a. Detail the steps you would use to monitor continuous improvement for sustainability in resource efficiency. b. Design a checklist that a best practice business can use to monitor its ongoing compliance with environmental legislation, standards and work practices that reflect the real picture. c. In your handbook, create a table as shown in Table 2 and identify the plan of how it will be ensured that the strategies will continue to be effective. Table 2: Continuous Improvement Monitoring Plan Action Example: Policies and procedures are in line with legislative requirements Sub Actions Check for updates to legislation Target Compliancy met Monitoring Method Observation Frequency Annually 5. Record Keeping a. Explain how you will maintain documents such as policies, procedures and forms to ensure the latest versions are being utilised and referred to in the workplace? b. Explain the record keeping, review and improvement processes for policies and procedures. 6. Communication a. Write an email to your stakeholders (team members and teacher) and share the Risk Management process. The email needs to be in appropriate email structure and provide an overview of the process as identified in Q2 above. b. Provide a copy of this email (screenshot) as evidence of task having been completed. Where You will be provided class time to perform some of the tasks; however, they will be required to complete activities outside of session times. How All activities and questions must be answered correctly for students to be assessed as satisfactory for this assessment task. These will be assessed against the criteria in the Marking Guide. Conditions for assessment • • You can seek clarification or guidance from the assessor about the instructions regarding this assessment task You are to work in teams and collaborate with others, but each student must submit their own work and will be assessed individually against all assessment criteria. [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 3 of 9 STUDENT RMIT Classification: Trusted • You must not copy the work of others. (For more information regarding Academic Integrity please refer to RMIT Academic Integrity Guidelines) • You must submit this assessment on Canvas by the due date. • You must submit all assessment evidence as instructed. Your assessor will assess the documentation you provide. • You must complete all the criteria as listed in the Marking Guide to the standard described in Section B to be deemed satisfactory in this assessment. • You will be assessed as satisfactory or not satisfactory. • You will have the opportunity to resubmit any part deemed unsatisfactory (one resubmit is allowed). • Students to make prior arrangements with the instructor at least one week prior to the assessment due date if they require special allowance, allowable adjustment to this task or extension of time. • If any student gets approval for an extension or special consideration or Equitable Learning Plan, the assessor needs to adjust/modify the assessment or due date accordingly. You can appeal the assessment decision according to the RMIT Assessment Processes. Conditions on submitting your Product Assessment Save all documents for this assessment task using the following naming convention and upload to CANVAS by the due date: • Document Name_Student Name_Student Number • Example: Sustainability Policy1_John Smith_S123456 Equipment/resources students must supply (if applicable): Equipment/resources to be provided by RMIT or the workplace (if applicable): • Computer and WiFi access • WiFi access to Canvas and the Internet for research • Computer software (Word and Excel) available free to students from the RMIT Website • Onsite computer and WiFi access for presentations • Data projector for presentations [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 4 of 9 STUDENT RMIT Classification: Trusted Section B – Marking Guide TASK: Students will plan a risk and sustainability program which will include the activities listed in this document. Criteria for assessment Satisfactory It is recommended that for Not Comment Satisfactory assessments you divide your criteria into key sections and under each section clearly describe the criteria students must demonstrate Sustainability and Risk Management Handbook must include the following: (sample handbook has been provided as well) 1. Business Context The student has briefly summarised the organisation provided in the case study or described the organisation they have selected. This included: ☐ ☐ a) The type of organisation b) Explanation of major internal stakeholders c) Explanation of major external stakeholders 2. Risk Management Regarding the organisation, read and evaluate the information about legislative and regulatory requirements and conduct your own research to answer the following: a) What are the current risk arrangements? ☐ ☐ b) What are the strength and weaknesses of the current risk arrangements? ☐ ☐ [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 5 of 9 STUDENT Criteria for assessment RMIT Classification: Trusted Satisfactory It is recommended that for Not Comment Satisfactory assessments you divide your criteria into key sections and under each section clearly describe the criteria students must demonstrate c) Determine the scope and context for the risk management process. ☐ ☐ d) Identify the types of risks that applied to the scope. ☐ ☐ e) A summary of the five (5) major categories of risk and how they applied to scope. ☐ ☐ f) Describe how you will prioritise risks. ☐ ☐ g) Outline the organisational policies, procedures for risk assessment. ☐ ☐ h) Provide details of legislative and regulatory context of the organisation in relation to risk management. ☐ ☐ i) ☐ ☐ 2.1 Conduct a detailed PESTLE analysis and provide examples of how the organisation is exposed to external influences. ☐ ☐ 2.2 What are the critical success factors, goals and objectives for the area included in the scope? ☐ ☐ Explain each of the steps involved in the risk management process. [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 6 of 9 STUDENT Criteria for assessment RMIT Classification: Trusted Satisfactory It is recommended that for Not Comment Satisfactory assessments you divide your criteria into key sections and under each section clearly describe the criteria students must demonstrate 3. Sustainability Management Read and evaluate the information provided in the case study (or from the selected organisation), the sustainability policies created in Assessment Task 1, as well as legislative and regulatory requirements to answer the following: a) Provide an outline of the ☐ ☐ environmental or sustainability legislation and regulations applicable to the organisation. b) Provide an outline of the environmental or sustainability Australian and international standards as well as codes of practice applicable to the organisation. ☐ ☐ c) ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ ☐ Identify internal and external sources of information and explain how they can be used to plan and develop the organisation’s sustainability policy. d) Explain the process and practices for developing policies. e) Outline organisational systems and procedures that relate to sustainability. f) Outline typical barriers to implementing policies and procedures in an organisation and suggest possible strategies to address each of the barriers. 3.1 Create a Responsibilities Matrix table containing the following information: a. Describe the activities to be undertaken. b. Assigned responsibilities. c. Expected due dates. d. Any costs associated with the activities (example – printing) 3.2 Write an email to your team members informing them of how the new sustainability policies will be promoted in the workplace. 4. Continuous Improvement Includes the following: [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 7 of 9 STUDENT Criteria for assessment RMIT Classification: Trusted Satisfactory It is recommended that for Not Comment Satisfactory assessments you divide your criteria into key sections and under each section clearly describe the criteria students must demonstrate a) Detailed steps to monitor continuous improvement for sustainability in resource efficiency. b) Design a checklist that a best practice business can use to monitor its ongoing compliance with environmental legislation, standards and work practices that reflect the real picture. c) Create a table and identify the plan of how it will be ensured that the strategies will continue to be effective. 5. Record Keeping a) Explain how you will maintain documents such as policies, procedures and forms to ensure the latest versions are being utilised and referred to in the workplace? b) Explain the record keeping, review and improvement processes for policies and procedures. ☐ ☐ 6. Communication Write an email to your stakeholders (team members and teacher) and share the Risk Management process. The email needs to be in appropriate email structure and provide an overview of the risk management process as identified in Q2. ☐ ☐ [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 8 of 9 STUDENT RMIT Classification: Trusted Section C – Feedback to Student Has the student successfully completed the task? Yes Feedback to student: Assessor Name Date [BSBOPS504_BSBSUS511_Sustainability and Risk Management Handbook] [ 3 of 3] Student product assessment task © Content is subject to copyright, RMIT University [20/07/2021] FINAL APPROVED – STUDENT PRODUCT ASSESSMENT TASK TEMPLATE – June 2019_Version 2.0 Page 9 of 9 No