Risk Management
Risk Management is an imperative to protecting an organisation. The way we go about managing risk, and the records we maintain to demonstrate the process, become crucial to the meeting of our due diligence requirements. At the same time we need to balance our resource inputs with in managing risk within the context of the objectives of the organisation.
Before anything occurs, the risk of it happening was always there! In many instances those risks are predictable and identifiable. Through a rigorous and systematic process, incorporating consultation with key stakeholders, you can define those risks, analyse them in terms of likelihood and consequence and determine how big an issue they really are to your organisation. You are then in a position to apply various types of controls, ensuring that unacceptable risk is managed to a level that is acceptable.
Through clear process you are also able to balance resources with outcomes.
Quality Award Partners® have developed a suite of products, services and courses to enable you to establish effective risk management within your organisation.
- The AS4360 risk management process
- How well do you manage risk? Take the AS 4360:2004 Self Assessment now!
- Advent ManageR Risk Management Software
- Advent ManageR Risk Management methodology
- Risk-based Positive Audit
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