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Task 1 Assessment Instructions For the case study provided with this Assessment Task, you are required to review risk management processes and determine scope and

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Task 1 Assessment Instructions For the case study provided with this Assessment Task, you are required to review risk management processes and determine scope and objectives, taking into account stakeholder input and both internal and external environmental factors affecting the organisation. With the information gatheredI you are to identify Iisks and present this to relevant parties for feedback. Frocedu re For the provided case study, you will assume the role of the risk managerfassessor, and you are required to review the provided Woolworths Risk Management Policy and complete a written report for your manager [your assessor] that addresses the following steps. 1. Scope Identify the scope of risk management required in your identied role. 2. Goals Identify and describe the critical success factors, goals or objectives for areas included in scope. 3. Stakeholders Identify internal and external stakeholdersI their role in the processI and any issues or concerns they have. Present this using the table format provided. 4. Analysis Complete a PEST analysis and a SWOT analysis for risks associated with the scenario. 5. Research Review and summaiise the research information provided in the case studyI as well as any literature available that is relevant to this scenaiio. 5. Describe Complete the analysis of risk for the scenario by summaiising the scenario and associated risks, accompanied by checklists, diagrams or owcharts that support the summary. After you have completed the above stepsI you need to meet with your manager and discuss the draft report you have developed, especially your understanding of the critical success factors and goals {you should check that your manager agrees with your ndings]. As part of your discussions you also need to discuss and identify how you can communicate with stakeholders about the risk management processes in this scenario and invite them to participate in discussions to further identify risks associated with the scenario. In". Summarise: In dotpoint form, summarise the discussions with your manager. - This should include any recommendations they made to you. 3. Develop: a draft of the communication your manager suggested you use for consultation with stakeholders. - If they suggested a phone call, you should include a draft script of information that you need to share with stakeholders. . Whatever the form of communication, it must cleady ask stakeholders for input, and invite them to assist in the identication of risk for this scenaiio. When submitting the report and accompanying documents, you need to ensure that: I your report is titled 'Risk review\" - your report is in order, with attachments on the back of your report as follows - it includes notes from meeting with your manager - it includes draft communication - your report is submitted as required by your organisation {your training provider)

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