23824 version 1 Page 1 of 3 Carry out risk management planning in the road transport and logistics industry Level 5 Credits 5 Purpose This unit standard is for people in management positions in the road transport and logistics industry. It is applicable to both goods and passenger services. People credited with this unit standard are able to: describe the concept of risk management as it applies to the road transport and logistics industry; identify and evaluate risks for a road transport or logistics operation; and recommend action(s) to address identified risks for a road transport or logistics operation. Subfield Commercial Road Transport Domain Road Transport Management Status Registered Status date 25 June 2007 Date version published 25 June 2007 Planned review date 31 December 2012 Entry information Open. Accreditation Evaluation of documentation and visit by NZQA and industry. Standard setting body (SSB) NZ Motor Industry Training Organisation (Incorporated) Accreditation and Moderation Action Plan (AMAP) reference 0092 This AMAP can be accessed at http://www.nzqa.govt.nz/framework/search/index.do. Special notes 1 A road transport or logistics operation may form part of an organisation’s activities or it may constitute a complete organisation. New Zealand Qualifications Authority 2016 23824 version 1 Page 2 of 3 2 References Australian/New Zealand Standard AS/NZS 4360:2004, Risk management; David Elms (ed.), Owning the Future – Integrated Risk Management in Practice (Christchurch: Centre for Advanced Engineering, University of Canterbury, 1998). 3 The identified risks used to meet the evidence requirements of elements 2 and 3 may relate to actual or simulated industry context(s). Elements and performance criteria Element 1 Describe the concept of risk management as it applies to the road transport and logistics industry. Performance criteria 1.1 Risk management is defined in terms of elimination, isolation, and minimisation of risks. 1.2 Potential risks, including sources of risk, are defined in terms of physical and financial risks and their impact in the road transport and logistics industry. Range sources of risk may include but are not limited to – commercial and legal relations, market events, economic events, natural perils, environmental events, political circumstances, human behaviour, technology processes, technical stoppages, mechanical power failure, driver illness/injury, key staff; evidence is required for three different sources of risk; areas of impact include but are not limited to – asset and resource base, cost, people, community, environment, contractual risks, property damage, health, liability (public, product, professional), loss of goodwill and reputation, security. 1.3 Strategies to manage risk are defined in terms of transferring the risk to another party, avoiding the risk, reducing the impact of the risk, and accepting some or all of the consequences of a particular risk. 1.4 The basic contents of a risk management plan are identified and explained in terms of AS/NZS 4360:2004. Range context, risk identification, risk analysis, risk evaluation, risk treatment, monitoring, communications. New Zealand Qualifications Authority 2016 23824 version 1 Page 3 of 3 Element 2 Identify and evaluate risks for a road transport or logistics operation. Range financial, physical. Performance criteria 2.1 Potential risks are identified in relation to areas of impact. 2.2 Identified risks are assessed in terms of the likelihood and consequences of occurrence. Range 2.3 consequences – loss of money, time, labour, trouble, intangibles. Risk levels are weighed against the potential benefits of taking the risks, and assessed for acceptability to organisational management. Element 3 Recommend action(s) to address identified risks for a road transport or logistics operation. Range financial, physical. Performance criteria 3.1 Action on assessed risks is recommended in accordance with organisational risk management priorities for acceptance, avoidance, treatment, or transfer. Please note Providers must be 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 accredited by NZQA before they can register credits from assessment against unit standards. Accredited providers and Industry Training Organisations assessing against unit standards must engage with the moderation system that applies to those standards. Accreditation 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 NZ Motor Industry Training Organisation (Incorporated) info@mito.org.nz if you wish to suggest changes to the content of this unit standard. New Zealand Qualifications Authority 2016