Risk management is becoming a major issue in project management. Your project plan should include a risk management plan.
A risk is something that may happen and if it does, will have a negative impact on the project. A risk must also have a probability, that is, there must be a chance that it will happen, as opposed to no chance of it happening. If there is no chance of it happening, then it is not a risk.
The second thing to consider is whether it will have a negative impact on the project. If it will not have a negative impact, it is not a risk. There are four stages to risk management planning: - Risk identification
- Risk quantification
- Risk response
- Risk monitoring and control.
CSG has experience consultants who are able to assist your organisation in managing risks through the:- Development and/or delivery of risk management education and training materials based on the existing risk management policy frameworks
- Support and facilitation of the implementation of the existing risk management policy frameworks
- Provision of specialist advice on management of specific risks in the context of –
- - Planning
- - Safety
- - Governance
- - Human Resources
- - Financial Management
- - Performance Management
- - Compliance
- - Fraud Prevention
- Risk Mitigation Facilitation - A facilitated program to assist Executive and Senior Management to explore and identify issues that may arise during the decision making process when dealing with complex issues relating to:
- - WorkCover claims and case management;
- - Personal injury cases;
- - Workplace Health and Safety; and
- - Other Human Resource matters.
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