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Risk Management

Risk management is the process of planning, organising and controlling an organisation's resources to minimise or eliminate negative outcomes.

Effective risk management can:

  • help your organisation operate effectively
  • manage workplace health and safety issues
  • reduce potential liability
  • reduce insurance premiums or help your organisation become eligible for insurance, and
  • help your organisation make better use of resources.

Undertaking risk assessments

Your organisation's management committee or board is responsible for risk management. A working group involving at least one staff member and a member of your management committee or board can complete risk management audits or assessments.

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