MGMT8005
Assessment 2
Semester 2, 2024
Assessment Overview:
The Yamatji Southern Regional Corporation (YSRC) was established in 2020 through an Indigenous Land Use Agreement (ILUA) with the Western Australian Government. This agreement allocates Yamatji potential ownership/management of over 1300 land parcels (see map and link below). YSRC seeks to maximise benefits for the Yamatji Nation People through these lands, including exploring renewable energy opportunities.
Weblink to Yamatji Land Parcels:
https://ysrc.maps.arcgis.com/apps/webappviewer/index.html?id=84ae1f4671314c0aba0b9c16294a971d
Map:
Problem Statement:
The implementation and utilisation of renewable energy projects are not without risks. These risks can stem from various sources, including environmental, technical, economic, social, cultural, and regulatory factors. To ensure the success and sustainability of these projects, it is crucial to identify, assess, and manage these risks effectively.
Specifically, selecting a suitable land parcel for renewable energy projects requires a comprehensive risk assessment. This assessment will evaluate the risks associated with the development and operation of renewable energy facilities on the YSRC-managed lands. By conducting a thorough risk assessment, YSRC aims to make informed decisions that will enhance the potential benefits for the Yamatji Nation People while mitigating any adverse impacts.
Purpose of the Assessment:
The purpose of this assignment is to equip students with practical risk management skills by analysing a real-world problem related to renewable energy projects on YSRC-managed lands. Students are required to:
Develop a risk management plan and associated risk register using ISO31000:2009.
• Review the literature to identify and critically analyse risks associated with implementing and utilising renewable energy projects on the YSRC-managed lands.
• Evaluate these risks in terms of their impact and likelihood.
• Develop a comprehensive risk register detailing the identified risks, their potential impacts, and the proposed mitigation strategies.
Deliverables:
A comprehensive report that includes:
• An extensive review of literature to identify potential risks to the success of renwable energy development on the YSRC-managed lands.
• Detailed risk management plan and risk register with identified risks, evaluations, and mitigation strategies.
Assessment Criteria:
• Depth and relevance of research.
• Quality and clarity of risk analysis and evaluation.
• Practicality and effectiveness of proposed mitigation strategies.
• Creativity and feasibility of the risk management plan.
• Overall coherence, structure, and presentation of the report.
Assignment Submission Guidelines:
• This is an individual assessment.
• Report length should not be more than 1,500 words (Penalties for exceeding the word limit will be applied as follows: 150 - 200 words excess (– 5%) of the grade awarded; 201- 300 words excess (-10%) of the grade awarded; >300 words excess (- 20%) of the grade awarded.
• The assignment cover sheet must clearly specify the assignment title, the student name and ID.
• Assignment must be typed using font “Times New Roman” with font size 12 and double spacing.
• References should be provided in APA style.
• Your submission is to be submitted electronically via Wattle through the link provided.
• Your submission is worth 30 % of your total mark for this course.