UNIT

BSBRSK501Manage risk

Release 1Superseded

Modification History

Release

Comments

Release 1

This version first released with BSB Business Services Training Package Version 1.0.

Links

Companion Volume implementation guides are found in VETNet - https://vetnet.gov.au/Pages/TrainingDocs.aspx?q=11ef6853-ceed-4ba7-9d87-4da407e23c10

Application

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.

Unit Sector

Regulation, Licensing and Risk – Risk Management

Unit Mapping Information

Code and title

current version

Code and title

previous version

Comments

Equivalence status

BSBRSK501 Manage risk

BSBRSK501B Manage risk

Updated to meet Standards for Training Packages

Equivalent unit

You now have the power to save yourself hours.

Make mapping magic.

© 2025 MagicMap, Inc, All rights reserved.