Carefully read the following This assessment requires you to manage a project's risks on two separate occasions You can do this for two real projects at your workplace, for two projects associated with a start -up business you are working on yourself or you can use the Simulation Pack provided Vocational education and training is all about gaining and developing practical skills that are industry relevant and that can help you to succeed in your chosen career

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Carefully read the following This assessment requires you to manage a project's risks on two separate occasions You can do this for two real projects at your workplace, for two projects associated with a start -up business you are working on yourself or you can use the Simulation Pack provided Vocational education and training is all about gaining and developing practical skills that are industry relevant and that can help you to succeed in your chosen career. For this reason, basing your project on real relationships with classmates or work colleagues will mean that you are applying your knowledge and skills in a relevant , practical and meaningful way ! If you use your own business or workplace , you need : information to establish the risk management processes (step 2) sufficient numerical data to analyse risks (step 4) at least one changed circumstance that impacts the project risks (step 7) at least one risk management issue that can be improved on for future projects (step 9). Speak to your assessor to get approval if you want to base this on your own business If you are basing this assessment on the case study business , read through the Simulation Pack in preparation for this assessment . All the information needed to complete this assessment is contained in the Simulation pack You will be collecting evidence for this unit in a Project Portfolio. The steps you need to take are outlined below. Before you begin, complete page 4 of your Project Portfolio. You must: provide a brief description of your organisation and its main activities /services and /or products summarise your organisation's broader work goals (at least two ). provide a brief description of your role and responsibilities within your organisation explain of how your role contributes to the organisation's broader work goals (make sure you include project risk management in your answer ). describe the project context for each project list the project team members for each project Start working on Section 1 Identify and analyse project risks . Steps 2 to 4 form part of Section 1. If you are basing this assessment on the case study, further information to complete the next steps is available in the Simulation Pack . If you are basing this assessment on your own business , you will need information to establish the isk management processes as well as sufficient numerical data to analyse risks