1. For each of the following, provide two (2) examples of how the legislation applies to the management of resources for a business .

Legislation	Examples
Privacy Act 1988 (Cth)
Work Health and Safety Act
EEO and anti discrimination legislation.

2.

Briefly describe how each of the following contributes to the content of resource plans:

The acquisition of resources
The allocation of resources
Timelines and the relationship to business strategies
Contingency plans and processes
Costs, benefits and budget information

3. Outline the process for acquiring resources, including the tender process

4. What are two (2) procedures for reviewing resource allocation?

5. How do resource outputs support the organisation's objectives?

6. When managing finances for the acquisition of resources, what should be considered when monitoring resource expenditure? Give two (2) examples

7. What is the purpose of cost variance analysis when managing project budgets?

8. For each of the following risks, give at least one (1) example of a risk management strategy

The CRM system is being replaced with a new system that staff have not used before.
All forklifts at the manufacturing plant are due for a maintenance service in two weeks time.

9. In which order would you complete the following steps to implement a risk management procedure? Number the steps from 1 to 6.

	Evaluate the risks
	Monitor and review the risks and treatments
	Establish the internal and external risk context
	Rate the risks
	Identify the risks
	Treat the risks

10.(a) Why do government policies or reforms need to be monitored as a part of the risk management process?

(b) Give at least two (2) examples of government policies or reforms that managers may need to monitor

11. Outline three (3) key elements of identifying operational performance

12. Identify two (2) sources of information used to monitor the usage for each of the following resource types.

Physical resources
Human resources