BSBRSK501 Manage risk Release 1 describes the 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 includes information on how to:

• establish risk context
• identify risks
• analyse risks
• select and implement treatments.

It contains learning content, case studies and examples, practice tasks and learning checkpoints. Final assessment activities cover all the unit of competency requirements and are suitable for workplace and classroom environments. There are spaces for learners to record their responses and for trainers or assessors to record their comments and observations.