Understand own role and responsibilities in lifelong learning ? What are the relevant legislation‚ regulatory requirements and codes of practice relating your own roles and responsibilities? Legislations play a vital role within the lifelong learning sector and I as a teacher/trainer have an obligation to understanding the current legislations and guidelines. Examples of such legislations are: • Health and Safety at Work Act 1974. • Race Relations (Amendment) Act 2000. • Data Protection
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STATEMENT Evidence no. 1 Evidence title Risk Assessment of new Power Bending Machine process Unit / LO.AC Statement Evidence reference 4/4.6 4/4.5 4/4.3 4/4.4 4/1.1 4//1.2 4/1.3 4/1.4 4/4.1 4/4.6 4/1.6 4/2.3 4/2.1 4/2.2 4/2.5 4/4.2 4/4.1 4/4.2 4/2.5
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LM1c – Lead and manage a team within a health and social care or children and young people’s setting The difference between Managing and Leading Stephen R. Covey’s The 7 Habits of Highly Effective People: described the difference between management and leadership as “Management is efficiency in climbing the ladder of success; leadership determines whether the ladder is leaning against the right wall.” The differences can be seen as:- Managers develop policies and procedures. Leaders develop
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Credit Risk Assessment in Consumer Lending September 2012 ABSTRACT This Point of View is focused on Credit Risk Assessment in the Consumer Lending domain including Auto‚ Consumer Durables and Personal loans‚ but excluding Mortgage. It looks at assessment using Credit Risk Modelling as well as Subjective Analysis. INTRODUCTION Consumer lending has been beset with severe issues since the debt crisis of 2008. Rising unemployment and decreasing repayment capabilities have brought in increased
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Vanessa Beckley Risk and Quality Management Assessment Summary HCS/451 November 10‚ 2014 Risk and Quality Management Assessment What is a managed care organization? Managed care organization is the entity which integrates the finance and delivery functions of health care. Managed care organizations are providers that put together health care finance and delivery‚ that is‚ they combine the payer arm of the health care system with the provider arm. This involves contracting with health care providers to
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Risk Assessment for the AsthmaDrug1 Clinical Trial. Risk assessment is the process to identify areas of concern so an efficient response and an effective recovery plan can be placed if needed. In order to assess the potential risks a trial can face and to create a plan‚ six steps could be used: 1) Identify all the required Functions and Processes in the project; 2) Rank these identified functions and processes according to their “criticality”; 3) Determine the required time for recovery so the
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Understand the different types of assessment methods Methods for learners to be assessed can be looked at in two ways within the field I work in. Theory: works on the principle of teaching and students make notes with a view to consult their notes at a later point in the day. Verbal Q/A session with debates between teacher and students to establish that they understand what’s being taught‚ why regulations are in place and best practices are always followed where possible‚ some students are
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the security risks and protection mechanisms involved in website performance Security Risks Hackers: A hacker is someone who finds weaknesses in a computer or computer network‚ enters‚ and modifies or/and steals data this could slow down performance very much or even completely halt it. Viruses: A computer virus is a computer program that can replicate itself and spread from one computer to another. The term "virus" is also commonly‚ but erroneously‚ used to refer to other types of malware‚
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the risk assessment formula. 1. What is a standard risk assessment formula? Define the variables in the formula. To understand what a risk assessment formula is‚ how it is employed and the variables that contribute to its composition we need to understand the concept of risk. Several measurable factors drive risk‚ and consequently the risk management process. A good risk management approach includes three primary elements. These elements are a threat assessment‚ a vulnerability assessment and a
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Evaluate the business risk involved in Strategic options Risk involves profit is a common axiom in business. According to Rathan (2008) said that Risk is inherently involved and hidden in every business. So managing risk successfully is an integral part of business organization strategy and also it is an important part of management practice. There has been many research and study has been done how to mange risks in business. Many companies have initiated a team to manage risk which they face during
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