25217 Apply risk management techniques to a project

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NZQA registered unit standard
25217 version 2
Page 1 of 4
Title
Apply risk management techniques to a project
Level
4
Purpose
Credits
5
A project team member usually performs the functions required
by this standard under direction of the project manager and
working with other project team members.
People credited with this unit standard are able to, for a project:
assist with risk analysis and risk management planning;
conduct risk control activities; and contribute to assessing risk
management outcomes.
Classification
Business Operations and Development > Project Management
Available grade
Achieved
Explanatory notes
1
Legislation relevant to this unit standard may include but is not limited to: Health and
Safety in Employment Act 1992; Resource Management Act 1991; Human Rights Act
1993; Privacy Act 1993; Employment Relations Act 2000.
2
To demonstrate competence in this unit standard a candidate must be able to
provide evidence that they have contributed to the management of risk within
projects. This will include evidence of working with others to identify risk and develop
risk management strategies; controlling risks; monitoring risks (with an emphasis on
variation management); and reviewing risk management within the project. Evidence
may be gathered from the candidate's contribution to several simultaneous projects,
or to one project over an extended period of time.
3
Definitions
Organisational requirements refer to instructions to staff on policy and procedures
which are documented in memo or manual format and are available in the workplace.
These requirements include but are not limited to – site specific requirements and
company quality management requirements.
Delegated authority means authority within established organisational framework,
procedures and routines; under limited guidance and supervision; within agreed
authorisation and limits; in a multi-disciplinary environment subject to frequent
change.
Outcomes and evidence requirements
Outcome 1
Assist with risk analysis and risk management planning for a project.
NZQA National Qualifications Services
SSB Code 130301
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
25217 version 2
Page 2 of 4
Evidence requirements
1.1
Contribution assists to identify and prioritise potential risks throughout the
project life cycle in accordance with organisational requirements.
1.2
Contribution assists in developing risk management strategies and risk
management plans in accordance with delegated authority and organisational
requirements.
1.3
Risk analysis methods, techniques and tools are used to assist in the analysis
of risks in accordance with organisational requirements.
Range
1.4
risk analysis methods, techniques and tools may include – using
personal experience and/or subject matter experts; assisting in
qualitative and/or quantitative risk analysis, such as schedule
simulation, decision analysis, contingency planning and alternative
strategy development; using specialist risk analysis tools to assist
in the decision making process.
Reporting mechanisms for risks are planned and agreed in accordance with
organisational requirements.
Outcome 2
Conduct risk control activities for a project.
Evidence requirements
2.1
Control activities are undertaken in accordance with agreed project and risk
management plans to achieve project objectives.
2.2
Progress is measured, and perceived, potential or actual risks are acted on
within delegated authority or reported to other parties for response in
accordance with organisational requirements.
2.3
Contribution assists with the implementation of agreed risk approaches and the
amendment of plans to reflect the changing environment.
2.4
Opportunities are identified and reported for action in accordance with project
plan and organisational requirements.
Range
opportunities may include – better means of achieving a result;
efficiencies or methods to work more effectively, such as ways of
shortening an activity; responses to changing commercial or
competitive conditions; changes in the project or broader
environment that offer scope for rescheduling activities to better
effect; initial project activities that reveal entirely different sets of
priorities, for example product development, research and policy
development.
Outcome 3
NZQA National Qualifications Services
SSB Code 130301
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
25217 version 2
Page 3 of 4
Contribute to assessing risk management for a project.
Evidence requirements
3.1
Contribution assists with the ongoing review of the project outcomes to
determine the effectiveness of risk management activities by accessing project
records and other available information.
review may include – agreed major milestones, for example
phases and sub-contracts; delivery of major deliverables; change
of key personnel; finalisation of project and other agreed
milestones.
Records may include – lists of potential risk events (risk
register/log); risk analysis and reappraisal; risk management plan;
risk diaries, incident logs, occurrence reports and other such
documentation; project and/or organisation files and records; risk
management lessons learned.
Range
3.2
Any risk management issues and responses are reported to other parties for
application in future projects in accordance with organisational requirements.
other parties may include – project manager, higher project
authority, team members, project specialist or other personnel.
Range
Planned review date
31 December 2018
Status information and last date for assessment for superseded versions
Process
Version Date
Last Date for Assessment
Registration
1
17 April 2009
31 December 2018
Rollover and
Revision
2
24 October 2014
N/A
Consent and Moderation Requirements (CMR) reference
0113
This CMR 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,
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.
NZQA National Qualifications Services
SSB Code 130301
 New Zealand Qualifications Authority 2016
NZQA registered unit standard
25217 version 2
Page 4 of 4
Requirements for consent to assess and an outline of the moderation system that applies
to this standard are outlined in the Consent and Moderation Requirements (CMR). The
CMR 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 NZQA National Qualifications Services [email protected] if you wish to
suggest changes to the content of this unit standard.
NZQA National Qualifications Services
SSB Code 130301
 New Zealand Qualifications Authority 2016
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