SPL – Telematic session P55 – Test preparation 18 May 2016

Individual assignment Deon van der Westhuizen dealt with all the individual assignment preparation during his 2 hour sessions. Unfortunately he cannot be here today My name is Reinhold Loots, and I will be relaying all the test preparation to you. Deon spent the weekend with me to ensure you get the right guidance.

General information This session has 2 purposes:- – Preparation for your individual tests Specific guidance Focus areas – Technical questions on the individual assignment These slides will be loaded on the website for your reference.

Technical questions - assignment Deon will be share the early session with Len Mortimer on Friday 22 May to answer all technical questions on the assignment and or test in person. In addition, everybody should join the Linkedin group where practical examples of the assignment will be posted to assist P55 participants. In addition, technical questions can be ed to Deon, and he will contact you telephonically on 25 May 2015 to discuss any such question.

Sessions We are covering two sessions:- Session 1 that we are busy with now, will cover US , , Session 2 starts at 10h40, and will cover US , and

Test 1 test will cover 3 unit standards. The questions that relate to the different unit standards will be clearly marked. Only do the questions that relate to the unit standard that you have registered for.

US Ten focus areas Content in the handbook will make up 85% of the total marks of your test. Video recordings were distributed to all participants – although it will assist in the preparation for the test, the additional information will not account for more than 15% of the test marks Only some of the focus areas will be included in the test.

US – focus area 1.ISO – covered in 2 hour session. The notes that you have taken down will be sufficient to answer any questions. 2.Learner guide P17/18 - Key benefits of risk management and how management can use it daily. 3.Learner guide P27 - Limitations of risk management. 4.Learner guide P47 to 49 – The risk assessment process, format in the book the same as National Treasury guidelines

US – focus area 5.Learner guide P71 - External risks and how they can influence a municipality 6.Learner guide P72 - Internal risks and how they can influence a municipality 7.Learner guide P74 to 84 - Operational risks and how they can influence a municipality 8.Learner guide P104 -Risk management strategy – covered in the two hour session. Avoid, Accept, Mitigate and Transfer. How and when will you apply the risk management strategies.

US – focus area 9.Learner guide P93 - Tone at the top. Why is tone at the top important. To earn extra points, you can read through King 3 as additional material 10.Learner guide P112/113 - Automated management information and risk management. The uses of IT in the risk management process.