Risk Management Report

1. Introduction
1. Establish goals and context
2. Identify stakeholders (internal and external)

2. Risk Register
2.1 Identify the Risks
2.2 Analyse the Risks
2.3 Likelihood, Consequences and Assessment Outcome of Risks
2.4 Evaluate the Risks

3. Risk Treatments (Avoid; Reduce likelihood; Reduce consequences; transferring the risk; Retaining the risk)
1. Recommended Response and Impact

4. Implementation
4.1 Proposed Actions
4.2 Proposed Communication
4.3 Responsibilities (Internal and External)
4.4 Timing
4.5 Resource requirements (funds, people, equipment etc)

5. Reporting and Monitoring

1. Introduction

Risk Management is the Occupational Health and Safety (OHS) process used by organisations to identify, assess and control risks by allocating resources. To minimise the probability and impact of hazardous events. The process allows for careful consideration of stakeholder’s comfort and enjoyment levels as well as identifying costs for resources.

Strategies to manage risk include transferring the risk to other parties, avoid the risk, reducing the negative impact of the risk, and accepting any or all consequences of each risk.

1.1 Establish goals and context

Each year, Hearing Exclusive Learning Centre offers a Christmas Party for its enrolled children. Their parents and volunteers, staff, board of management members and management are invited. Parents usually bring along guests who have not been specifically invited. Santa arrives by truck, parked outside the centre near to the road. We must minimise risks for the hearing impaired children and ensure everyone safely enjoys the event.

1.2 Identify stakeholders

Internal Volunteers Staff Board of Management Members Management Santa Sponsor’s Truck Sponsor’s Truck Driver Hearing Exclusive Learning Centre’s Duty of Care

External Parents Children Parent’s Guests

1. Risk