This unit describes skills and knowledge required to manage risks in a range of contexts across an organisation or for a specific business unit or area in any industry setting.
It applies to individuals who are working in positions of authority and are approved to implement change across the organisation, business unit, program or project area. They may or may not have responsibility for directly supervising others.
No licensing, legislative or certification requirements apply to this unit at the time of publication.
1.1 Develop resource bids in line with outputs specified in business plans
1.2 Consult with key stakeholders to determine the nature and level of resources required
1.3 Analyse resource requirements to identify proposed costs and benefits
1.4 Identify opportunities to share resources across business units within the organisation
2.1 Develop resource plans that detail the acquisition and allocation of resources, timelines and the relationship to business strategies, contingencies, plans, programs and processes
2.2 Determine internal resourcing capabilities and external resourcing requirements
2.3 Develop procedures for the evaluation of resource allocation and incorporate them in resource plans
2.4 Identify risks and establish risk management processes
2.5 Apply organisation’s procedures to obtain approvals from senior management
3.1 Allocate resources in accordance with relevant legislation, organisational policy and practices
3.2 Manage resource allocation to enable achievement of business unit objectives
3.3 Negotiate and obtain resources within required timeframe to enable achievement of business unit objectives
3.4 Develop and implement systems to enable timely and accurate monitoring and review of resource usage
3.5 Develop or revise work practices to incorporate efficient use of resources
4.1 Develop and implement procedures to review resource allocation against business unit objectives
4.2 Monitor compliance with program and project budgets and take corrective action where necessary
4.3 Prepare reports that clearly indicate the level of performance achieved and any action taken to adjust or rectify procedures in meeting service and product delivery standards