NZQA registered unit standard
Title
16661 version 4
Page 1 of 3
Identify, assess, and plan the management of risk for an agribusiness
Level
Purpose
5 Credits 6
People credited with this unit standard are able to, for an agribusiness: identify and describe the risk, and the likelihood and impact of risk, and develop a plan to manage significant risks.
Classification Agriculture > Agribusiness Management
Available grade Achieved
Explanatory notes
1 Legislation relevant to this unit standard includes but is not limited to:
Biosecurity Act 1993
Hazardous Substances and New Organisms Act 1996
Climate Change Response Act 2002.
2 Definitions
Factors that contribute to business and financial risk may include but are not limited to – ownership structures, equity levels, currency rates, government policy, staffing issues, lack of planning, lack of expertise.
Emissions Trading Scheme (ETS).
Factors that contribute to environmental risk may include but are not limited to – weather, fire, land stability, animal or crop disease, natural disaster, climate change.
Factors that contribute to personal risk
– personal safety, emotional health, physical health.
Significant risks – the risks with high probability and impact according to data about a specified agribusiness.
3 Assessment for outcomes 1 and 2 must relate to the same agribusiness.
Outcome 1
Identify and describe the risks, and the likelihood and impact of risk, on an agribusiness.
Range evidence is required for at least one risk from each of
– business and financial, environmental, personal.
Primary Industry Training Organisation
SSB Code 101558

New Zealand Qualifications Authority 2020

NZQA registered unit standard 16661 version 4
Page 2 of 3
Evidence requirements
1.1 Areas of risk are identified and described in terms of the likelihood of their occurrence.
1.2 Areas of identified risk are described in terms of their impact.
Outcome 2
Develop a plan to manage significant risks for an agribusiness.
Range evidence is required for the three significant risks.
Evidence requirements
2.1 The plan includes assessment of the methods and timing for mitigation of significant risks.
2.2 The plan includes the costs associated with mitigation or acceptance of significant risks.
Planned review date 31 December 2016
Status information and last date for assessment for superseded versions
Process Version Date Last Date for Assessment
Registration
Revision
Review
1
2
3
28 June 1999
16 May 2003
27 April 2005
N/A
N/A
N/A
Review 4 18 March 2011 N/A
Accreditation and Moderation Action Plan (AMAP) reference 0052
This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do.
Please note
Providers must be granted consent to assess against standards (accredited) by NZQA, or an inter-institutional body with delegated authority for quality assurance, before they can report credits from assessment against unit standards or deliver courses of study leading to that assessment.
Industry Training Organisations must be granted consent to assess against standards by
NZQA before they can register credits from assessment against unit standards.
Providers and Industry Training Organisations, which have been granted consent and which are assessing against unit standards must engage with the moderation system that applies to those standards.
Primary Industry Training Organisation
SSB Code 101558

New Zealand Qualifications Authority 2020

NZQA registered unit standard 16661 version 4
Page 3 of 3
Consent requirements and an outline of the moderation system that applies to this standard are outlined in the Accreditation and Moderation Action Plan (AMAP). The
AMAP also includes useful information about special requirements for organisations wishing to develop education and training programmes, such as minimum qualifications for tutors and assessors, and special resource requirements.
Comments on this unit standard
Please contact the Primary Industry Training Organisation standards@primaryito.ac.nz if you wish to suggest changes to the content of this unit standard.
Primary Industry Training Organisation
SSB Code 101558

New Zealand Qualifications Authority 2020