Unit of competency Outline
Date retreived
23/07/2026 10:03 AM AWST
23/07/2026 10:03 AM AWST
Whilst all efforts are made to provide accurate and timely information from the relevant source/documentation, please be aware that the information supplied may not be the most current version. The accuracy of the detail has not been confirmed by the Department and therefore should not be relied upon without first confirming the contents.
Develop a risk management strategy for council assets
Develop a risk management strategy for council assets
Unit of competency
National Code
LGAGOVA603B
LGAGOVA603B
State Code
C1925
C1925
TGA Status
Deleted
Deleted
DTWD Status
Deleted
Deleted
State Implementation and Classification
Approved Date
20/01/2006
Field of Education
080399 - Business And Management, N.e.c.
Original Release Date
20/01/2006
Nominal Hours
60
Description
This unit covers developing a risk management plan for council assets. It incorporates an assessment of all potential risks facing council assets and the development of strategies and plans to mitigate all risk situations through elimination, isolation or protection. It is appropriate for senior managers.
Notes
Elements and Performance Criteria
1 Identify and analyse the risk of various levels of service
- 1.1 Council's strategic position and policy on risk management are interpreted.
- 1.2 Council assets are audited to identify risk management context and potential areas of risk.
- 1.3 Risk potential is determined by assessment of possible failure modes.
- 1.4 Consequence of failure is determined taking into account financial, technical, social and political factors.
- 1.5 Risk cost to council is quantified taking into account both major and minor failures.
- 1.6 Acceptable risk level is evaluated.
2 Develop risk management plan
- 2.1 Organisational capacity to reduce or control the likelihood of incidents and consequences is analysed.
- 2.2 Risk register is developed incorporating a probability/consequence matrix.
- 2.3 Risk management policies and activities are clearly documented and communicated to all relevant personnel.
- 2.4 Liaison and communication structures are established with relevant internal and external parties.
3 Implement risk management plan
- 3.1 Risks are examined in terms of the criteria in the risk management plan.
- 3.2 Risks classified as acceptable are placed on a monitor/review watch list.
- 3.3 Risks that are unacceptable are eliminated wherever practicable.
- 3.4 Risks that cannot be eliminated are minimised in accordance with the risk management plan.
- 3.5 Strategies for risk minimisation are documented.
4 Monitor risk management plan
- 4.1 Procedures are implemented to review risk management activities regularly.
- 4.2 Activities that do not achieve their objectives and performance outcomes are examined to determine cause.
- 4.3 Incidents that occur that indicate a near miss are analysed and the risk management plan is reviewed.
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 management means:
the process of identifying potential negative events and developing plans to minimise the likelihood of the negative event occurring and/or minimise the consequences should it occur
Council assets may include:
all non-current structures or items of plant or equipment that provide service potential or future economic benefit
roads
bridges
water supply systems
parks and gardens
drainage systems
sewerage systems
buildings
plant and equipment
Possible failure modes may include:
lack of capacity
inefficiency
obsolescence
level of service falling below acceptable levels
structural integrity (mortal failure)
redundancy (lack of utilisation)
operator errors
Consequence of failure may include:
loss of life
public and staff safety and risk (WorkCover and public liability)
damage to private property
effect on business
effect on essential services
damage to other utilities' property
political sensitivity to the organisation (statutory obligations)
disruption to traffic
disruption to public transport
inconvenience to the community
high repair costs
availability of repair materials
cost of providing the service while the asset is not functioning
number of people who will be affected by the failure
loss through replacement instead of rehabilitation in case of total failure
damage to the environment
actual cost of the repair
multiplier effects on the community (effects on elderly, children and risk groups)
public image/public relations loss
Acceptable level of risk may be influenced by:
profile of service
political impact
social impact
financial impact
Risk register refers to:
a register of all identified risks and documentation of the strategies and plans in place to deal with any incident or event that occurs
Risk management activities may include:
operate asset differently
maintain asset differently
operator training
demand management
Relevant internal and external parties may include:
insurers
management
service purchasers
service providers
Risks may include:
occupational health and safety
environmental
service failure
financial or economic loss
failure or damage to property and equipment
industrial disputation
professional incompetence
natural disasters
security failure
system failures
political events
Near miss may include:
an event or incident which, in other circumstances, may have resulted in an injury to a person, damage to property or some other negative impact on the council or community
Risk management means:
the process of identifying potential negative events and developing plans to minimise the likelihood of the negative event occurring and/or minimise the consequences should it occur
Council assets may include:
all non-current structures or items of plant or equipment that provide service potential or future economic benefit
roads
bridges
water supply systems
parks and gardens
drainage systems
sewerage systems
buildings
plant and equipment
Possible failure modes may include:
lack of capacity
inefficiency
obsolescence
level of service falling below acceptable levels
structural integrity (mortal failure)
redundancy (lack of utilisation)
operator errors
Consequence of failure may include:
loss of life
public and staff safety and risk (WorkCover and public liability)
damage to private property
effect on business
effect on essential services
damage to other utilities' property
political sensitivity to the organisation (statutory obligations)
disruption to traffic
disruption to public transport
inconvenience to the community
high repair costs
availability of repair materials
cost of providing the service while the asset is not functioning
number of people who will be affected by the failure
loss through replacement instead of rehabilitation in case of total failure
damage to the environment
actual cost of the repair
multiplier effects on the community (effects on elderly, children and risk groups)
public image/public relations loss
Acceptable level of risk may be influenced by:
profile of service
political impact
social impact
financial impact
Risk register refers to:
a register of all identified risks and documentation of the strategies and plans in place to deal with any incident or event that occurs
Risk management activities may include:
operate asset differently
maintain asset differently
operator training
demand management
Relevant internal and external parties may include:
insurers
management
service purchasers
service providers
Risks may include:
occupational health and safety
environmental
service failure
financial or economic loss
failure or damage to property and equipment
industrial disputation
professional incompetence
natural disasters
security failure
system failures
political events
Near miss may include:
an event or incident which, in other circumstances, may have resulted in an injury to a person, damage to property or some other negative impact on the council or community
Overview of assessment requirements
A person who demonstrates competency in this unit will be able to perform the outcomes described in the Elements to the required performance level detailed in the Performance Criteria. The knowledge and skill requirements described in the Range Statement must also be demonstrated. For example, knowledge of the legislative framework and safe work practices that underpin the performance of the unit are also required to be demonstrated.
Critical aspects of evidence to be considered
The demonstrated ability to:
examine all factors systematically in identifying risk and determining the consequence of failure
develop a risk management plan to eliminate, isolate and protect people and assets in the event of a potential negative event occurring
monitor risk reduction activities and the implementation of failure management plans
Context of assessment
Competency is demonstrated by performance of all stated criteria, with particular attention to the critical aspects and the knowledge and skills elaborated in the Evidence Guide, and within the scope of the Range Statement.
Assessment must take account of the endorsed Assessment Guidelines in the Local Government Training Package.
Assessment of performance requirements in this unit should be undertaken in an actual workplace or simulated environment.
Assessment should reinforce the integration of the key competencies for the particular AQF level. Refer to the key competency levels at the end of this unit.
Relationship to other units(prerequisite or co-requisite units)
To enable holistic assessment this unit may be assessed with other units that form part of the job role.
Method of assessment
The following assessment methods are suggested:
observation of the learner performing a range of workplace tasks over sufficient time to demonstrate handling of a range of contingencies
written and/or oral questioning to assess knowledge and understanding
completion of workplace documentation
third-party reports from experienced practitioners
completion of self-paced learning materials including personal reflection and feedback from trainer, coach or supervisor
Evidence required for demonstration of consistent performance
Evidence should be collected over a set period of time that is sufficient to include dealings with an appropriate range and variety of situations.
Resource implications
The learner and trainer should have access to appropriate documentation and resources normally used in the workplace.
A person who demonstrates competency in this unit will be able to perform the outcomes described in the Elements to the required performance level detailed in the Performance Criteria. The knowledge and skill requirements described in the Range Statement must also be demonstrated. For example, knowledge of the legislative framework and safe work practices that underpin the performance of the unit are also required to be demonstrated.
Critical aspects of evidence to be considered
The demonstrated ability to:
examine all factors systematically in identifying risk and determining the consequence of failure
develop a risk management plan to eliminate, isolate and protect people and assets in the event of a potential negative event occurring
monitor risk reduction activities and the implementation of failure management plans
Context of assessment
Competency is demonstrated by performance of all stated criteria, with particular attention to the critical aspects and the knowledge and skills elaborated in the Evidence Guide, and within the scope of the Range Statement.
Assessment must take account of the endorsed Assessment Guidelines in the Local Government Training Package.
Assessment of performance requirements in this unit should be undertaken in an actual workplace or simulated environment.
Assessment should reinforce the integration of the key competencies for the particular AQF level. Refer to the key competency levels at the end of this unit.
Relationship to other units(prerequisite or co-requisite units)
To enable holistic assessment this unit may be assessed with other units that form part of the job role.
Method of assessment
The following assessment methods are suggested:
observation of the learner performing a range of workplace tasks over sufficient time to demonstrate handling of a range of contingencies
written and/or oral questioning to assess knowledge and understanding
completion of workplace documentation
third-party reports from experienced practitioners
completion of self-paced learning materials including personal reflection and feedback from trainer, coach or supervisor
Evidence required for demonstration of consistent performance
Evidence should be collected over a set period of time that is sufficient to include dealings with an appropriate range and variety of situations.
Resource implications
The learner and trainer should have access to appropriate documentation and resources normally used in the workplace.
Replaces
| State Code | National Code | Title | Type |
|---|---|---|---|
| C4328 | LGAGOVA603A | Develop a risk management strategy for council assets | Unit of competency |
| State Code | National Code | Title | Type |
|---|---|---|---|
| C745 | LGA50104 | Diploma of Local Government Administration | Qualification |