Elements and Performance Criteria
- Plan and prepare to establish the framework for the risk management system
- Access, interpret and apply risk management documentation, and ensure the work activity is compliant
- Develop the policy and objectives that express the organisation’s commitment to risk management
- Establish and implement the structure and framework
- Define, allocate and document responsibilities for risk management in job descriptions and duty statements
- Establish processes to support the risk management system
- Develop, document and communicate procedures covering risk identification, assessment, treatment, communication, consultation, monitoring and review
- Provide or arrange appropriate development and/or training for personnel
- Identify, obtain and maintain information sources to support the system, and make them available to personnel to implement
- Provide information on known and intended process changes and enhancements to responsible personnel
- Determine and make available organisation’s criteria for assessing the acceptability of risks to responsible personnel
- Obtain and provide expert advice to responsible personnel
- Plan and facilitate the implementation of the risk management system
- Plan, schedule and document the systems coverage
- Monitor activities and achievement targets, and provide and focus resources to ensure the work plan is satisfied
- Provide support and encouragement to those responsible for the system activities
- Review and update the system work plan when changing circumstances are anticipated or occur
- Audit the management processes
- Formally audit risk management processes, including operating procedures and implementation processes, to ensure compliance and effectiveness
- Respond to changed requirements disclosed during audits in a systematic and timely manner
- Complete and retain risk management documentation including the reasons for and changes made to the system
- Monitor completion of records and reports
- Plan and prepare to establish the framework for the risk management system
- Access, interpret and apply risk management documentation, and ensure the work activity is compliant
- Develop the policy and objectives that express the organisation’s commitment to risk management
- Establish and implement the structure and framework
- Define, allocate and document responsibilities for risk management in job descriptions and duty statements
- Establish processes to support the risk management system
- Develop, document and communicate procedures covering risk identification, assessment, treatment, communication, consultation, monitoring and review
- Provide or arrange appropriate development and/or training for personnel
- Identify, obtain and maintain information sources to support the system, and make them available to personnel to implement
- Provide information on known and intended process changes and enhancements to responsible personnel
- Determine and make available organisation’s criteria for assessing the acceptability of risks to responsible personnel
- Obtain and provide expert advice to responsible personnel
- Plan and facilitate the implementation of the risk management system
- Plan, schedule and document the systems coverage
- Monitor activities and achievement targets, and provide and focus resources to ensure the work plan is satisfied
- Provide support and encouragement to those responsible for the system activities
- Review and update the system work plan when changing circumstances are anticipated or occur
- Audit the management processes
- Formally audit risk management processes, including operating procedures and implementation processes, to ensure compliance and effectiveness
- Respond to changed requirements disclosed during audits in a systematic and timely manner
- Complete and retain risk management documentation including the reasons for and changes made to the system
- Monitor completion of records and reports