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SOUTH AFRICAN QUALIFICATIONS AUTHORITY 
REGISTERED UNIT STANDARD THAT HAS PASSED THE END DATE: 

Monitor, assess and manage risk 
SAQA US ID UNIT STANDARD TITLE
115833  Monitor, assess and manage risk 
ORIGINATOR
SGB Generic Management 
PRIMARY OR DELEGATED QUALITY ASSURANCE FUNCTIONARY
-  
FIELD SUBFIELD
Field 03 - Business, Commerce and Management Studies Generic Management 
ABET BAND UNIT STANDARD TYPE PRE-2009 NQF LEVEL NQF LEVEL CREDITS
Undefined  Regular-Fundamental  Level 5  Level TBA: Pre-2009 was L5  6 
REGISTRATION STATUS REGISTRATION START DATE REGISTRATION END DATE SAQA DECISION NUMBER
Passed the End Date -
Status was "Registered" 		 2004-10-13  2007-10-13  SAQA 0256/04 
LAST DATE FOR ENROLMENT LAST DATE FOR ACHIEVEMENT
2008-10-13   2011-10-13  

In all of the tables in this document, both the pre-2009 NQF Level and the NQF Level is shown. In the text (purpose statements, qualification rules, etc), any references to NQF Levels are to the pre-2009 levels unless specifically stated otherwise.  

This unit standard is replaced by: 
US ID Unit Standard Title Pre-2009 NQF Level NQF Level Credits Replacement Status
252025  Monitor, assess and manage risk  Level 5  Level TBA: Pre-2009 was L5  8   

PURPOSE OF THE UNIT STANDARD 
This Unit Standard is intended for people who will be required to monitor, assess and manage risks within the SMME and business-advising environment. Persons credited with this Unit Standard will be able to identify potential business risks and establish the impact thereof on the business and take appropriate action to control these risks

The qualifying learner is capable of:
  • Demonstrating an understanding of business processes, the environment and potential risks.
  • Identifying potential risks and the impact thereof on the SMME.
  • Developing and implementing SMME continuity strategies.
  • Testing and monitoring SMME continuity plans. 
    		•

    LEARNING ASSUMED TO BE IN PLACE AND RECOGNITION OF PRIOR LEARNING 
    It is assumed that learners are competent in:
  • Computer Literacy at NQF Level 3.
  • Mathematical Literacy at NQF Level 4.
  • Accountancy and Communications at NQF level 4 or its equivalent. 
    		•

    UNIT STANDARD RANGE 
  • Environmental risk factors include systems, location and changes in the environment
  • Company policies will include Security, Health and Safety Act
  • 1 High, 2 Medium and 3 Low Risk
  • Strategies will include mitigation, avoidance, elimination and acceptance
  • Implementation will include preparation, procurement, component testing
  • Post event analysis will include root cause analysis, how to prevent a similar occurrence
  • Reports will include status/incident and management reports 
    		•

    Specific Outcomes and Assessment Criteria: 

    SPECIFIC OUTCOME 1 
    Demonstrate an understanding of business processes, the environment and potential risk. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    The concept of risk is understood and explained orally using examples from an SMME environment. 

    ASSESSMENT CRITERION 2 
    Environment risk factors that are applicable to an SMME are identified and explained in writing with examples from a specific SMME. 

    ASSESSMENT CRITERION 3 
    An SMMEs critical processes and interdependence with other businesses are described with examples from a specific SMME. 

    ASSESSMENT CRITERION 4 
    The application of technology within the SMME environment is described using examples from a specific SMME. 

    ASSESSMENT CRITERION 5 
    The need for company policies and procedures and their implementation are explained in terms of risk management in the SMME. 

    SPECIFIC OUTCOME 2 
    Identify potential risks and the impact thereof on the SMME. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    All potential risk factors are identified and documented for each critical process within the SMME. 

    ASSESSMENT CRITERION 2 
    All possible scenarios are identified and documented to establish the risks to the SMME. 

    ASSESSMENT CRITERION 3 
    Each scenario is allocated a likelihood occurrence over a ten year span. 

    ASSESSMENT CRITERION 4 
    A business impact analysis is performed and documented to rate the impact of each scenario on the business. 

    ASSESSMENT CRITERION 5 
    Priorities in terms of the impact analysis are determined and documented to determine which functions need to be resumed first in the event of a disaster. 

    ASSESSMENT CRITERION 6 
    The order of resuming business processes should be identified and documented, whilst taking into account internal and external dependencies between processes. 

    SPECIFIC OUTCOME 3 
    Develop and implement SMME continuity strategies. 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    Strategies are formulated to address identified risks as per organisational specific requirements. 

    ASSESSMENT CRITERION 2 
    SMME continuity plans are developed and documented for the agreed upon strategies as per organisation specific requirements. 

    ASSESSMENT CRITERION 3 
    SMME continuity plans are implemented within the specified business areas as per organisation specific requirements. 

    ASSESSMENT CRITERION 4 
    SMME continuity plans are communicated to all relevant stakeholders as per company specific requirements. 

    ASSESSMENT CRITERION 5 
    Plans are distributed and stored as per organisation specific requirements. 

    SPECIFIC OUTCOME 4 
    Test and monitor SMME continuity plans . 

    ASSESSMENT CRITERIA     

    ASSESSMENT CRITERION 1 
    SMME continuity plans are regularly reviewed and tested against predefined test criteria as per organisation specific requirements. 

    ASSESSMENT CRITERION 2 
    SMME continuity plans are regularly updated to reflect changes in the business processes or environment as per organisation specific requirements. 

    ASSESSMENT CRITERION 3 
    Post event analysis is performed after every incident that caused the activation of the SMME continuity plan as per organisation specific requirements. 

    ASSESSMENT CRITERION 4 
    Reports are submitted on a regular basis as per organisation specific requirements. 


    UNIT STANDARD ACCREDITATION AND MODERATION OPTIONS 
  • An individual wishing to be assessed (including through RPL) against this Unit Standard may apply to an assessment agency, assessor or provider institution accredited by the relevant ETQA.
  • Anyone assessing a learner against this Unit Standard must be registered as an assessor with the relevant ETQA.
  • Any institution offering learning that will enable achievement of this Unit Standard or assessing this Unit Standard must be accredited as a provider with the relevant ETQA.
  • Moderation of assessment will be conducted by the relevant ETQA at its discretion. 
    		•

    UNIT STANDARD ESSENTIAL EMBEDDED KNOWLEDGE 
  • SMME business continuity strategies
  • Methods and techniques for conducting risk assessment in SMMEs 
    		•

    UNIT STANDARD DEVELOPMENTAL OUTCOME 
    N/A 

    UNIT STANDARD LINKAGES 
    N/A 


    Critical Cross-field Outcomes (CCFO): 

    UNIT STANDARD CCFO IDENTIFYING 
    The learner is able to identify and solve problems when determining potential SMME continuity risks, ensuring relevant and effective strategies and plans are developed and implemented. 

    UNIT STANDARD CCFO WORKING 
    The learner is able to work effectively with others when explaining new SMME continuity strategies to owner/manager, ensuring all parties understand their own and other's responsibility in relation to the implementation of measures to ensure that business continues in the event of any emergency, unexpected or extensive circumstances. 

    UNIT STANDARD CCFO ORGANISING 
    The learner is able to organise and manage his/her own activities to allow sufficient time for post event analysis after every incident that caused the activation of the SMME continuity plan, so that future similar occurrences can be minimised. 

    UNIT STANDARD CCFO COLLECTING 
    The learner is able to collect, analyse, organise and critically evaluate information when conducting business impact analyses, ensuring all possible scenarios are identified and risk factors taken into account when developing SMME continuity strategies. 

    UNIT STANDARD CCFO COMMUNICATING 
    The learner is able to communicate effectively both verbally and in writing when documenting and explaining strategies, so that all relevant stakeholders fully understand their roles and duties in the event of emergency situations. 

    UNIT STANDARD CCFO SCIENCE 
    The learner is able to use science and technology effectively when distributing and storing SMME continuity plans, ensuring complete and accurate information is reflected on computer systems. 

    UNIT STANDARD CCFO DEMONSTRATING 
    The learner is able to understand the relationships between environmental risk factors, the SMME critical processes and the interdependencies to the businesses, ensuring that all possible factors are taken into account when testing and monitoring SMME continuity plans. 

    UNIT STANDARD CCFO CONTRIBUTING 
    Contribute to the full personal development of each learner and the social and economic development of the society at large, by making it the underlying intention of any programme of learning to make an individual aware of the importance of being culturally and aesthetically sensitive across a range of social contexts when monitoring, assessing and managing risk in SMMEs. 

    UNIT STANDARD ASSESSOR CRITERIA 
    N/A 

    UNIT STANDARD NOTES 
    This unit standard has been replaced by unit standard 252025, which is "Monitor, assess and manage risk", Level 5, 8 credits. 

    QUALIFICATIONS UTILISING THIS UNIT STANDARD: 
      ID QUALIFICATION TITLE PRE-2009 NQF LEVEL NQF LEVEL STATUS END DATE PRIMARY OR DELEGATED QA FUNCTIONARY
    Core  48886   National Certificate: Business Advising  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2010-11-11  Was SERVICES until Last Date for Achievement 
    Core  58759   National Certificate: Ports and Harbours  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2015-06-30  TETA 
    Elective  50438   National Certificate: Immigration Services  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Registered"     		 2009-06-29  Was PSETA until Last Date for Achievement 
    Elective  57714   National Certificate: Marine Pilotage  Level 5  Level TBA: Pre-2009 was L5  Passed the End Date -
    Status was "Reregistered"     		 2015-06-30  TETA 
    Elective  59304   National Diploma: Freight Forwarding and Customs Compliance  Level 5  NQF Level 05  Passed the End Date -
    Status was "Reregistered"     		 2020-07-30  TETA 


    PROVIDERS CURRENTLY ACCREDITED TO OFFER THIS UNIT STANDARD: 
    This information shows the current accreditations (i.e. those not past their accreditation end dates), and is the most complete record available to SAQA as of today. Some Primary or Delegated Quality Assurance Functionaries have a lag in their recording systems for provider accreditation, in turn leading to a lag in notifying SAQA of all the providers that they have accredited to offer qualifications and unit standards, as well as any extensions to accreditation end dates. The relevant Primary or Delegated Quality Assurance Functionary should be notified if a record appears to be missing from here.
     
    NONE 


    All qualifications and part qualifications registered on the National Qualifications Framework are public property. Thus the only payment that can be made for them is for service and reproduction. It is illegal to sell this material for profit. If the material is reproduced or quoted, the South African Qualifications Authority (SAQA) should be acknowledged as the source.