Risk management frameworks
The risk management
framework is a “set of
components that provide the
foundations and
organisational arrangements
for designing, implementing,
monitoring, reviewing and
continually improving risk
management throughout the
organisation”.
We work with clients to
develop a risk management
framework customised to
their specific
circumstances. A risk
management framework often
includes a corporate policy,
risk management
accountabilities, risk
analysis tools, risk
evaluation criteria and
delegated risk authorities.
We have
helped several clients to
establish or enhance risk
management frameworks. Such
projects typically include:
-
a brief
review to identify the
current status of risk
management documents and
practice
-
development or revision of
risk management framework
documents to align with best
practice
-
training
workshops to help
employees and
contractors understand
what is required
-
senior leadership team
workshops to develop
long-term risk
management strategies.
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A wise
buyer always thinks about
what they are going to buy
before starting their
shopping trip.
Choosing a
consultant is no different.
Different consultants have
different skills and
experience.
Working through
the
attached guidance
might help you think about
your choices.
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