Any rules, for example asking that all mobile phones are set to silent and of any security issues they need to be aware of. What times the breaks will be held and what the smoking policy is.That this is an interactive course and you should ask questions.That to get the most out of this workshop, we must all work together, listen to each other, explore new ideas, and make mistakes. After all, that’s how we learn.Ground rules for participation:SmileSupport and encourage other participantsWhen someone is contributing everyone else is quietBe patient with others who may not be grasping the ideasBe on timeFocus discussion on the topicSpeak to the trainer if you have any concernsObjectivesDiscoverhow to establish risk contextKnowhow to identify riskLearnhow to analyse riskUnderstand how to select and implement treatmentsGainskills and knowledge required for this unit
1. Establish risk context1.1Review organisational processes, procedures and requirements for undertaking riskmanagement in accordance with current risk management standards1.2Determine scope for risk management process1.3Identify internal and external stakeholders and their issues1.4Review political, economic, social, legal, technological and policy context1.5Review strengths and weaknesses of existing arrangements1.6Document critical success factors, goals or objectives for area included in scope1.7Obtain support for risk management activities1.8Communicate with relevant parties about the risk management process and invite participation
1.1 – Review organisational processes, procedures and requirements for undertaking risk management in accordance with current risk management standards Risk managementRisk management is an aspect of business management that relates to predicting, preventing and handling risks. In the context of business management, ‘risk’ is defined as anything that may prevent an organisation from achieving its objectives and/or which may have a negative impact on the business in any aspect. For example, risks may be anything that might cause:Financial lossDamage to reputationRisk of illness, injury or death (WHS)Interruption to normal businessprocessesUnexpected changes to business plansand/or processes.Proper risk management can help businesses to overcomepotential risk and to foresee risks that may occur in futurebusiness ventures.Best practice standards, guidelines and principlesBest practice standards, guidelines and principles may be used to help guide risk management practices.Current risk management standardsISO 31000:2009 is one such set of standards. It is an internationally recognised set of standards for Enterprise Risk Management (ERM).ISO 31000:2009 outlines best practice procedures for managing risk.
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