Demonstration Module Bank
Controlled portfolio v1.3, reviewed 9 September 2026. These records demonstrate how the site works. Formal approval and independent validation remain outstanding. These proposals are not open for enrolment.
All listed modules are mandatory. Grading is Pass/Refer: every required assessment criterion must be met, with no compensation, averaging, merit or distinction.
GLH means guided learning hours. TQT means total qualification time. References below are Albion Awards internal codes.
Risk and Assurance Fundamentals
Internal reference: RAF402 | Status: Demonstration — proposed, approval required
Level 4 | 3 credits | 18 GLH | 30 TQT
This module introduces risk, control, assurance and escalation in organisational governance contexts. It provides a foundation for learners who need to understand how risk information supports board and senior management decision-making.
Assessment: Risk identification exercise, simple assurance map and reflective explanation of escalation routes.
Evidence: Risk identification table, simple assurance map and board-level recommendation note.
Learning outcomes and assessment criteria for RAF402
- LO1: Understand the purpose of risk governance.
1.1 Define risk governance in an organisational context. 1.2 Explain the relationship between risk, control and assurance. 1.3 Identify the board’s role in risk oversight.
- LO2: Understand risk appetite and risk reporting.
2.1 Explain the purpose of risk appetite. 2.2 Identify common features of effective risk reporting. 2.3 Describe how weak reporting can affect board decisions.
- LO3: Apply risk governance concepts to a simple case.
3.1 Identify key risks in a case scenario. 3.2 Suggest proportionate governance responses. 3.3 Identify appropriate assurance or escalation actions.
Used in proposed qualifications: