Strathfield College

Strathfield College

Question

Answered

1. Review the provided MacVille simulated business scenario information and documentation provided in the Appendices of this task. 2. Write a report for the CEO (your assessor) that addresses the following: a. The effectiveness of the MacVille Risk Management Framework in supporting the principles and processes of risk management, set out in the risk management standard AS/NZS ISO 31000:2009. Outline the purpose and key elements of the standard in your discussion. b. Identify and describe the scope of risk management required in your role. c. Identify and describe the critical success factors, goals or objectives for areas included in the scope. d. Identify relevant internal and external stakeholders, their role in the risk management process, and any issues or concerns they have raised. Complete the Table of Stakeholders Template (provided in Appendix 3 of this task) and attach to your report. e. Complete a PEST analysis and a SWOT analysis to identify risks associated with the scenario. Outline the relevant legislation, regulations and standards (including those at a local level, i.e. Toowoomba Council). f. Describe the methods of research that you used to complete your PEST and SWOT analysis. For example, how you approached the simulated business information; legislation, regulations, etc.; and any other information or research on risk that applies to the scope of your report. g. Complete the analysis of risk for the scenario by summarising the scenario and identifying a list of risks to the project.  Note