Risk Management Policy Statement and Strategy

Strategy

3.1    The policy objectives will be achieved by;

  • Maintaining documented risk management procedures (the “Risk Management Framework”);
  • Understanding and communicating’s the Council’s risk appetite. 
  • Considering risk management implications in reports and decision-making processes;
  • Ensuring risk managers are adequately trained in the management of risk;
  • Maintaining strategic, operational and project-based risk registers that identify and assess all significant risks facing the Council, which will assist the Council achieve its objectives through pro-active risk management; and,
  • Ensuring effective Governance arrangements are in place for reporting and monitoring of risk, allowing action to be taken swiftly where necessary.