Self- reflective practitioner and component, Risk Management

Assignment Help:

In practice, you will often be asked to report on a given situation, problem, project or even your own performance.  It is neither realistic nor honest nor appropriate for you to claim your performance is excellent when you know that you were rushed, under pressure and under performing.  In addition, claiming that your work cannot be improved suggests that you cannot learn any thing new and damages your credibility with your employer.  It also demonstrates that you cannot critically review your own work or accept and deal with your weaknesses. This makes you a potential legal risk.

To help prepare you for the "real world" and by way of a self assessment section of the assignment, I am introducing you to the concept of the "reflective practitioner". What does this mean?

  • The self-reflective practitioner will review their own work (or other peoples work) to improve the management of similar situations in the future.
  • The self- reflective practitioner will identify and avoid mistakes and decisions that involve legal liability.
  • The self- reflective practitioner will ensure that their communication is clear and unambiguous. (In many instances, such as in legal and accounting practice, this is achieved by ensuring that all the items on a 'check list' have been correctly examined. For example; if I am required to file a tax return for a client with the ATO, it must comply with requirements as to form, detail and time. If I fail to do this correctly the client may end up paying too much tax and I will be personally liable for the cash difference due to my negligence. This may amount to thousands of dollars.)

The purpose of this self assessment section is therefore, to encourage you to create a 'best practice' procedure and to give you the opportunity to review your own work prior to submission.  You should ask yourself:

  • "Have I proof read this work?"
  • "Would this make sense to someone who did not know previously what I was writing about?"
  • "Have I correctly communicated what I was trying to say?"
  • "Is this work publishable? Would I want to read this in a book, a magazine or on a website? If not, how may I raise the quality of this work to a standard that I or others may wish to read?"
  • "My client or employer will assess me on this work. Is this something on which I would be ready to risk my income and livelihood?"
  • Have I correctly 'risk managed' this project to avoid the risk of legal liability?"
  • "Have I correctly cited every reference of every source I have used, and when I have used it?"
  • "Have I followed the form and process required?" ie. the "General Guide to the Presentation of Academic Work?"

Related Discussions:- Self- reflective practitioner and component

Option Pricing, #question.Price a European call and put option using expli...

#question.Price a European call and put option using explicit, implicit and cranck nicholson methods in Matlab or R.

Explain in brief about the default risk, Explain in brief about the Default...

Explain in brief about the Default Risk It's that portion of an investment's total risk which results from changes in the financial integrity of the investment. For instance

Post loss objectives, a) Discuss the post loss objectives that would help t...

a) Discuss the post loss objectives that would help the firm recover

What is meant by permit-to-work systems, Question: A safe system of wor...

Question: A safe system of work is a formal procedure which results from a systematic examination of a task in order to identify all the hazards and assess the risks with a vie

Explain the term risk assessment, Question: (a) Explain the term Risk ...

Question: (a) Explain the term Risk assessment and outline the provision of the Occupational Safety and Health Act 2005 with respect to risk assessment. (b) Risk Assessment

Explain the risk management strategies, Explain the Risk management strateg...

Explain the Risk management strategies Retain the risk If risk is small and won't affect company's profits, company does very little and lives with i

Bankruptcy of lehman brothers, In its early stages, the financial crisis ma...

In its early stages, the financial crisis manifested itself as an acute liquidity shortage among financial intermediaries. In this phase, concerns over the solvency of the sophisti

What is material safety data sheet, Q. What is Material Safety Data Sheet ?...

Q. What is Material Safety Data Sheet ? 1. Material Safety Data Sheet is a formal document containing important information about the characteristics and actual or potential ha

Differentiate between interest and currency swaps, a) Differentiate betwee...

a) Differentiate between interest and currency swaps. b) Suppose a Swiss firm, ACER Com Ltd, wants to invest in the U.S. The Swiss firm needs US dollars with a term to maturit

What is the straight value of the convertible bond, The current stock price...

The current stock price of IOU is $250 and has a standard deviation of 35% per year. The risk-free interest rate is 5% per year compounded continuously. Find the prices of a call a

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd