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Risk Management Plan

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SAMPLE RISK MANAGEMENT PLAN
INTRODUCTION
The following guidelines have been developed to assist employees to meet the intent and to gain the benefits of our organisations Risk Management Policy. The overall aim of the risk management program is to ensure that our organisation is able to meet its strategic, operational and compliance goals and objectives in an environment of possible risks.
We recognise that our organisation will have to incur risks in the pursuit of its business and corporate objectives. The purpose of these guidelines is to provide a consistent framework which will assist all employees to recognise and manage risks inherent in the conduct of their activities
We encourage all employees to act in ways which controls and treat risks in order to minimise potential injures, damage to assets and setbacks which will adversely affect our organisations pursuit of excellence and leadership.

SCOPE
These guidelines apply to all departments within our organisation and its controlled entities.
They apply to all Departments, Divisions, Centres, controlled entities and joint ventures.

RESPONSIBILBITIES
As per the Risk Management Policy, risk management is a whole-of-organisation activity. All members of our organisation have a role to play; in particular, staff should take an active role in the identification of potential business and operational risks facing their department or
Division, programs, research, business or work unit and take steps to successfully treat these risks to minimise their frequency and consequences on our organisation.
We promote a risk management culture. For senior management, this role may be more strategic in nature, however, line management are responsible for the identification of risks and the development of mitigation plans. This includes the implementation of risk reduction strategies within their areas

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