Elements and Performance Criteria
- Develop risk management plan
- Analyse and interpret strategic position and policy on risk management
- Identify risk management context and potential areas of risk
- Analyse organisational capability to manage risk and achieve objectives
- Generate a comprehensive list of risks that could affect the achievement of the organisation’s objectives
- Establish or review risk management policies
- Evaluate the requirement for training/education for all groups and individuals
- Identify access to external specialist assistance
- Establish appropriate risk assessment techniques
- Consult stakeholders in the development of the plan