Chapter 4–Management and accountability
Risk management
Risks are managed and reviewed through the Senior Management Group and Executive Management Group, which:
- provide guidance and feedback on risk management issues and strategies
- promote risk management within the agency
- regularly review and assess key risks
- ensure appropriate linkages to corporate and business planning processes and budget processes.
In 2010–11, a review of the agency’s Risk Register was undertaken and the outcomes were implemented. The revised register focuses primarily on key strategic risks facing the organisation and the means by which they can be best monitored and minimised. Work was also carried out to update the agency’s other risk management documents; this is expected to be finalised in early 2011–12.
Risk management training formed a component of the compulsory training for staff and was undertaken by the majority of staff members during the year.