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FM3.06 Project management within facilities Management operations

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  • Mar 26, 2024

FM3.06 Project management within facilities Management operations

p>The unit FM4.06 Understanding Risk Management in Facilities Management is designed for the catering critical domains of mitigating assessing and identifying risk within the Facilities Management industry. Risk management in Facilities Management deals with the systematic approach to understanding potential threats to the safety and functioning of a facility. Moreover, it identifies their potential influence and likely would with devising strategies to reduce or eliminate all risk. It focuses on the broad variety of hazards that influence the safety risk, description of operations, financial vulnerabilities and environmental concerns.

This unit also greater da significant principles of risk management that include techniques of risk identification, and methodology of the assessment. For instance quantitative and qualitative assessment and the prioritisation of risk strategies. Recognising the multiple categories of risk and influencing the facilities from human errors to natural disasters is vital for effective risk management. Besides the unit, FM4.06 also explores the regulation role and compliance standards in risk management within the Facilities Management. Compliance with the Regulation and relevant laws not only certify the security and safety of the documents but also secure the organisation from the Legislative liabilities.

Apart from that, it also addresses the significance of implementing and developing robust strategies for risk mitigation. These strategies can include the preventive program of maintenance, emergency plans response, insurance coverage and plans of contingency. Useful risk mitigation needs proactive measures to decrease the severity and likelihood of potential risks. In addition, this unit also paves with the importance of ongoing monitoring and risk management review processes. The evaluation on a regular basis allows facilities managers to adapt the year strategies for the conditions changing, risk emerging or new insight increase from past experiences. The unit FM4.06 also renders a detailed overview of the principles of risk management and practices designed for the particular contacts of Facilities Management. Mastering all these concepts of facilities managers can increase the safety resonance and efficiency of these facilities with care.

Unit objectives

The main objectives of the unit FM4.06 Understanding Risk Management in Facilities Management are demonstrated here:

  • To identify the multiple categories of risk which can influence facilities.
  • Recognise the methodologies and principles of risk assessment in the management of facilities.
  • Identify the potential and likelihood influence of the identified risk.
  • Give priority to the risk focused on the likelihood and severity of occurrence.
  • Generate effective mitigation of the risk strategies designed for particular facilities` requirements.
  • The compliance and regulations role standard in facilities risk management.
  • Establish strong monitoring and review the mechanism to certify the continuous risk management phenomena effectiveness.

Learning outcomes

The unit FM4.06 Understanding Risk Management in Facilities Management has main learning outcomes for the learning such as:

LO1: Recognise the risk analysis.
LO2: Recognise the risk management.
LO3: Recognise the way through which risks are managed.
LO4: Recognise the ways through which risk can be reduced and minimised.
LO5: Elaborate the business planning continuity.
LO6: Elaborate the disaster recovery and incident management.
LO7: Identify the 5 steps to health and safety management and risk assessment at work.

Assessment criteria

The assessment criteria of the unit FM4.06 Understanding Risk Management in Facilities Management are covered in all the learning outcomes through which the learners can increase their learning.

LO1: Recognise the risk analysis.

  • 1.1 Elaborate on the risk analysis principles.
    (Provide the references to the ways through which the risk identification can be utilised to estimate their likelihood and for the estimation of their potential influences)
  • 1.2 Analyse the particular areas in which principles are utilised.
    (Provide references to one or more risk typologies related to the work of learners` environment or to the proactive environment work)

LO2: Recognise the risk management.

  • 2.1 Elaborate the risk management principles.
    (About the benefits and cost of multiple strategies that include reduction, risk mitigation, acceptance and transfer)
  • 2.2 Analyse the particular areas in which all these principles are utilised.
    (Add the references to similar typologies or typologies of risk according to the previous outcome of the learning)

LO3: Recognise the way through which risks are managed.

  • 3.1 Elaborate the risk sources for which the facilities managers are responsible.
    (Showing the way through which risk is associated commonly with the facility`s provision and contributes to the multiple risk categories in the topologies all topologies utilise for the previous learning outcomes)
  • 3.2 Elaborate on the methodology which can be utilised for the risk management for these versatile sources.
    (For the multiple sources include the appropriate techniques for the multiple strategies of risk management that include risk reduction, mitigation, acceptance and transfer)

LO4: Recognise the ways through which risk can be reduced and minimised.

  • 4.1 Elaborate on the benefits and principles of risk minimization in the Facilities Management range scenarios.
  • 4.2 Elaborate the extent to which risk can be reduced, mitigated or transferred in multiple scenarios.
    (Utilise the examples generated from the experience of the learners or the case studies such as,
  • This analysis focused on the relevant principal application
  • Risk management is strategies selected by relevant principal references
  • Particular risk management strategies selected or applied in the management of the facility to attend risk mitigation, transfer or reduction.
  • Effectiveness evaluation of the selected techniques of risk management)

LO5: Elaborate the business planning continuity.

  • 5.1 Elaborate the continuity plan of the business and the character of Facilities Management in its implementation.
    (Including all the reasons for such a plan and a way through which they can research and develop, their reliance on the function of Facilities Management, and their relationship to the plans of disaster recovery)
  • 5.2 Describe the way through which the services can be ensured for restoring the business can on going to operate.
    (For the service typically provided within the management of the facility and the utilisation of the examples for the drawn arrangement from the own experience of the learners and case studies such as server-backed, accommodations off-site, etc)
  • 5.3 Elaborate on the methodologies for updating and monitoring the effectiveness of the continuity plan of the business.

LO6: Elaborate the disaster recovery and incident management.

  • 6.1 Elaborate on the behaviours of the plan of disaster recovery.
    (Include the purpose of the plan, the way through which it can be resourced or developed, and their reliance on the function of Facilities Management)
  • 6.2 Elaborate the processes and systems which are required to be in place for incidence management, disasters and emergencies.
    (Emphasis on maintenance and activation of the restoration arrangements of service utilise for the previous learning outcomes)

LO7: Identify the 5 steps to health and safety management and risk assessment at work.

  • 7.1 Elaborate the five risk assessment steps.
  • 7.2 Elaborate the way through which the risk assessment process is utilised for safety practices and good health in the workplace.
    (Add the references to the general process and utilise the particular examples generated to elaborate on the experience of the learners and case studies)

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