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Managing risk in organisations

Material about enterprise risk management, ISO 31000 and related risk management standards, how to develop ERM frameworks and how to implement them in your organisation.

  • Introductory guide: Preparing for a risk assessment

    This guide is designed for anyone needing to carry out or take part in a risk assessment who is not familiar with the process. Risk assessment is only part of risk management but it is often where people enter the process for the first time.

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  • Getting the most out of risk assessment

    Dr Stephen Grey made a presentation on recent developments in qualitative risk analysis to the Melbourne Chapter of the Project Management Institute on 29 April 2014. It covered 3 topics; recent developments in approaches to risk management, the benefits a risk assessment can bring to a project team outside of the core risk management activity, and what we can learn from the relationships between risks.

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  • Governance oversight and the risk management framework

    The risk management framework is the foundation for effective risk management. The new ASX Principle 7 requires organisations to implement a sound framework and for boards to carry out annual assessments of the effectiveness of these frameworks. This means that organisations have to move on from sending reports containing 'lists of risks' to Boards to provide them with information on their framework and its effectiveness. This presentation describes a risk management framework and its components and shows how companies can report to a board on the effectiveness of its approach to risk management.

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  • Effective risk management under PGPA

    Broadleaf has developed a range of innovative risk management services to assist Commonwealth entities in meeting their risk management obligations under the new *Public Governance, Performance and Accountability Act 2013* (the PGPA Act).

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  • Starting points

    The starting point for a discussion about risk management might not always use the language of a formal standard. This material sets out requests and questions we sometimes receive with explanations and links to material that can clarify how to address them.

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  • Risk assessment and risk treatment

    This tutorial describes a practical approach to risk assessment and risk treatment based on ISO 31000. It stresses the importance of preparation to ensure the assessment is efficient, suitably rigorous and reliable.

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  • Evaluating the effectiveness of risk management

    This guide describes a systematic way of finding how effective is an organisation’s current approach to managing risk, leading to a realistic improvement program. It stresses how management must be involved in all stages to ensure success.

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  • Enterprise risk management

    This guide describes how organisations can go about the transition needed to achieve a more encompassing and less silo-based approach to managing risk. It includes practical advice on a simple, seven-step process that we recommend organisations adopt to ensure a successful transition

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  • A simple guide to risk and its management

    This guide describes the current definition of risk and how risks can be characterised. The risk management process is discussed in the context of that definition and the concepts of risk appetite and risk tolerance are explained. Finally, the guide describes briefly how organisations can put risk management into practice through a framework.

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  • Starting out with risk management

    If you are interested in developing your risk management practices in general or need to carry out a focussed exercise on a specific project or business venture, you will find a few pointers here.

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