Unit of competency Outline

Date retreived
22/07/2026 6:13 AM AWST

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Apply project risk management techniques

Apply project risk management techniques

Unit of competency
National Code
BSBPMG426
State Code
OCE89
TGA Status
Current
DTWD Status
Approved
Current Release Number
1.00
Current Release Date
19/10/2020
View on TGA
State Implementation and Classification
Approved Date
16/03/2021
Field of Education
080315 - Project Management
Original Release Date
16/03/2021
Nominal Hours
40
Description
This unit describes the skills and knowledge required to assist with aspects of risk management in a project. It specifically involves planning for, controlling and reviewing risks associated with the project, and assisting in this process where required.The unit applies to individuals who are project practitioners working in a project support role.No licensing, legislative, regulatory or certification requirements apply to this unit at the time of publication.
Notes
Elements and Performance Criteria
1. Assist with risk analysis and planning
  • 1.1 Identify project deliverables, objectives and resources
  • 1.2 Identify and prioritise potential and actual risks of project, and advise project manager
  • 1.3 Establish with relevant personnel risk-analysis methods, techniques and tools
  • 1.4 Contribute to developing risk management strategies, approaches and plans according to organisational policies and procedures
  • 1.5 Contribute to developing and implementing risk-reporting mechanisms
2. Review risks and execute risk-control activities
  • 2.1 Monitor actual and potential risks according to agreed project and risk management plans and advise project manager of changing circumstances
  • 2.2 Identify opportunities and changing environment for project activities, and advise project manager
  • 2.3 Contribute to amending project and risk management plans and confirming plans reflect the changing environment
  • 2.4 Contribute to reporting opportunities for risk control
3. Develop contingency plan
  • 3.1 Contribute to corrective action on risks according to risk management plan and delegated authority
  • 3.2 Contribute to review of contingency plans on an ongoing basis
  • 3.3 Confirm tasks allocated to individuals and teams are agreed with supervisor before implementation
  • 3.4 Apply and monitor risk-contingency measures
4. Contribute to assessing risk management outcomes
  • 4.1 Contribute to ongoing review of project outcomes and determine effectiveness of risk management activities
  • 4.2 Seek feedback and identify risk management issues
  • 4.3 Report risk management issues and responses to relevant stakeholders
  • 4.4 Make changes to project management techniques based on feedback received
No information
No information
Replaces
State Code National Code Title Type
AUH27 BSBPMG415 Apply project risk management techniques Unit of competency