Chapter Name: Develop a Risk Profile and Monitor Risk Mitigation
Description:Focuses on identifying potential risks to business operations and developing strategies to mitigate them while monitoring risk levels.
Purpuse:To ensure proactive risk management that protects the business from potential threats.
Rational:Identifying and mitigating risks is critical for minimizing potential disruptions and ensuring the business’s long-term viability.
Chapter Assessment
Expected Supporting Evidence:
Portfolio of Evidence 1: Signed documentary evidence from supervisor / mentor for all required work activities such as logbooks and job instructions. - Signed documentary evidence provided by a supervisor or mentor verifying completion of all required work activities, including logbooks, job instructions, and other records that demonstrate skill development.
Workplace Activities
Activity 1: Develop a Risk Profile and Monitor Risk Mitigation
Identify potential business risks, assess their impact, and establish strategies for mitigation and monitoring.