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The Risk Management Plan you are developing should include the following sections that are relevant to determining your competency, knowledge and skill level for this

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The Risk Management Plan you are developing should include the following sections that are relevant to determining your competency, knowledge and skill level for this unit. 2.1. Establish the Risk Context. LMAD_3.1 - 68BOP$504 Assessment Tool Version 1 dated: 16 July 2021 Page | 19 SBTA THE SYDNEY BUSINESS & TRAVEL ACADEMY ASSESSMENT TASKS SBTA Term reference: LMD-20_3.1_Business Risks Units of competency: BSBOPS504 Manage business risk (BSBRSK501 Manage risk] Student's ID and name: student ID and name Assessor's name: assessor name Review the Business Plan, Risk Management Strategies, Policies and Procedures and Marketing Plan for CoffeeVille and address the following points, a) Who are the internal and external stakeholders relevant or / and responsible for the risk management plan? b) Determine the general scope of risk for the coffee shop plans and determine existing strengths and weaknesses of existing arrangements c) Design a communication strategy to communicate to relevant parties (internal and external stakeholders) about the risk scope and risk management process. Cover how you will invite stakeholders for partition in assessing and managing risks and how you will gain the support for the risk management process from the stakeholders and managers. d) Document the critical factors, goals and objectives to be included in the risk management plan. e) Identify and summarise the appropriate legislations concerning business risk, both state and federal, that applies to the business; f) Review all critical success factors, goals, legal, technological factors and policies relevant to the coffee shop

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