Principle 9: Risk management

The organisation identifies and manages its risks.

Each organisation has a distinct risk profile. Identifying its particular risk exposure and developing and implementing risk prevention and remediation plans is critical to ensure the organisation can operate effectively and efficiently to achieve its goals.

Operational element Requirements to achieve organisational performance and accountability Additional resources
9.1  Policies exist for the governance and management of material risks (e.g. reputational, financial or physical, including occupational safety and health)

Occupational Health and Safety Act 1984

 

Occupational Health and Safety Regulations 1996

 

Public Sector Commissioner's Circular: 2012 – 05 Code of Practice - Occupational Safety and Health in the Western Australian Public Sector

 

Public Sector Commissioner's Circular: 2009-19 Risk Management and Business Continuity Planning

 

Treasurer’s Instruction 825: Risk management and security

Safework Australia

 

RiskCover – Risk Management Guidelines

 

WorkSafe

 

Guidance note: Formal consultative processes at the workplace

 

AS/NZS ISO 31000:2009 Risk management - Principles and guidelines

 

HB 436:2004 Risk management guidelines companion

 

Delivering assurance based on ISO 31000:2009 Risk Management

9.2  The organisation’s risk exposure is evaluated and remediation plans are implemented

Public Sector Commissioner's Circular: 2009-19 Risk Management and Business Continuity Planning

 

Treasurer’s Instruction 812: Insurance

 

Treasurer’s Instruction 825: Risk management and security

Safework Australia

 

RiskCover – Risk Management Guidelines

 

WorkSafe

 

Guidance note: Formal consultative processes at the workplace

 

AS/NZS ISO 31000:2009 Risk management - Principles and guidelines

 

Standards Australia - HB 436:2004 Risk management guidelines companion

 

Delivering assurance based on ISO 31000:2009 Risk Management

9.3  Preventive measures for key risk categories are in place

Public Sector Commissioner's Circular: 2009-19 Risk Management and Business Continuity Planning

 

Treasurer’s Instruction 825: Risk management and security

RiskCover – Risk Management Guidelines
9.4  Procedures are in place to monitor incidents from the identified risk categories (data analysis)

Public Sector Commissioner's Circular: 2009-19 Risk Management and Business Continuity Planning

 

Treasurer’s Instruction 825: Risk management and security

RiskCover – Risk Management Guidelines

 

AS/NZS ISO 31000:2009 Risk management - Principles and guidelines

 

Standards Australia - HB 436:2004 Risk management guidelines companion

 

Delivering assurance based on ISO 31000:2009 Risk Management

 


Page last updated 4 November 2015