PSPPCM010 — Manage procurement risk

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What an assessment for PSPPCM010 must cover

31 assessable components: 3 elements (15 performance criteria), 6 performance evidence and 10 knowledge evidence requirements. An audit-defensible tool maps every question and task back to these — that mapping is the coverage matrix Auditori generates alongside the assessment.

Elements & performance criteria

1 Assess risk

1.1Identify legislation, policies, business processes and resources impacting the contract.
1.2Identify procurement outcomes and internal inputs required.
1.3Identify and confirm critical success factors required.
1.4Identify non trivial procurement risks.
1.5Identify potential probity risks.
1.6Analyse causes of risk and their potential impact.
1.7Determine likelihood and consequences of risks and develop risk assessments.

2 Prepare risk management plan

2.1Develop preliminary risk management plan to address risks identified in planning phase.
2.2Identify acceptable risks and those requiring treatment.
2.3Design treatments to reduce risks to an acceptable level.
2.4Develop plans for implementing new treatments, additional risk controls or modifications to existing controls.
2.5Monitor risk level at key points during procurement process and, review and adjust risk management plan to cover procurement activity risks not already identified.

3 Implement and review risk management plan

3.1Implement risk controls and treatments according to the treatment plan.
3.2Implement risk management plan, monitor and revise to include potential or emerging risks during the life of the procurement activity.
3.3Improve risk treatments and controls using review results.

Performance evidence

writing risk management plans using templates or a recognised risk management methodology
interpreting complex, formal documents
making verbal and written recommendations about the management of procurement and contracting risks
analysing risks associated with procurement and contract
managing and updating the risk management plan
learning skills to keep up-to-date with relevant procurement legislation, policies and procedures

Knowledge evidence

Commonwealth, state or territory, and local government legislation, policies, practices and guidelines relating to contract risk management
organisational procurement policies, practices and approval processes
risk management procedures
probity principles and issues, particularly as they relate to probity risks
codes of conduct, codes of practice and standards of individual behaviour relating to the procurement process
risks associated with financial and accounting issues relevant to procurement and contract management
supplier issues and supply chain management in the context of procurement risk management
aspects of law of contracts, trade practices law and commercial law relevant to risk management relating to complex procurement
equal employment opportunity relevant to procurement and contract management
environmental, sustainability and corporate social responsibility principles relevant to procurement and contract management

Unit content sourced from training.gov.au — © Commonwealth of Australia, licensed under CC BY 4.0. Auditori is not affiliated with the Department of Employment and Workplace Relations.

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Real, unedited Auditori output (RIIHAN201E shown), branded for a sample RTO:

Questions about assessing PSPPCM010

What does an assessment tool for PSPPCM010 need to cover?

To satisfy the Principles of Assessment and Rules of Evidence, an assessment for PSPPCM010 needs to address all 31 unit components: 3 elements with 15 performance criteria, 6 performance evidence requirements, 10 knowledge evidence requirements, and the foundation skills. A coverage matrix mapping each question and task to these components is what an auditor looks for.

How does Auditori generate an assessment tool for PSPPCM010?

Auditori pulls the current release of PSPPCM010 from training.gov.au and generates a complete package: candidate assessment, assessor guide with model answers and observation criteria, and a coverage matrix mapping every component. A suitably qualified person then reviews and approves the draft in a built-in workflow — consistent with ASQA's guidance on AI use in VET — before export as branded PDF and editable Word.

Is the first assessment tool really free?

Yes. Every new account includes one free credit — enough to generate the complete assessment tool for PSPPCM010 — with no card and no subscription required. After that it's pay-as-you-go per unit.

Can I check my existing PSPPCM010 assessment instead of generating a new one?

Yes — upload your existing assessment or learner guide and Auditori maps it against every element, performance criterion, PE and KE of PSPPCM010, showing exactly what's covered and what's missing. Mapping costs a quarter of a credit.

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