Risk Management
Risk Management can be described as the culture, processes and systems that are directed at the effective and efficient management of potential opportunities and adverse effects.
Risk management is the systematic application and implementation of management, policy, procedure and practice directives for identifying, analyzing, treating, monitoring and communicating risk within an applicable context.
Services
- Identify a model of risk management that can be used throughout an organization so that everybody and all levels of the organization are "on the same page."
- Identify risks to the strategic objectives of an organization so that these can be used to develop a service-wide consequence criteria to aid in decision making.
- Review and modify existing strategic plans, values and key performance indicators so that potential opportunities and threats are identified, and that this risk can be effectively managed.
- Develop a 'file structure' to aid in the categorization of risk, and develop a 'risk registry' to aid in the systematic identification and treatment of risk throughout the organization.
- Learn tools and techniques to identify risk at the operational or project level.
- Analyse and evaluate risk to decide whether treatment is required, decide whether controls are good enough, decide how best to treat risk, and decide how to determine priorities.
- Identify options for treating and controlling risk.
- Identify the human factors that may contribute to human error.
- Learn that accidents can result from a systematic breakdown of management, policy, procedure and practice directives, and that multiple factors can transpire to cause an accident; these factors including organizational and management deficiencies, personal motivators and precursors, procedural ommisions and failure of controls.