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Risk Management Policy.pdf

risk-management-policy-2021.pdf
Preview of Risk Management Policy
🔗 Source: idbs.org.uk
📊 Size: 165 KB
👤 Author: Alice Smith
⬇️ Downloads: 159

Summary

The Bedford Group of Drainage Boards' Risk Management Strategy aims to effectively manage potential opportunities and threats to achieving its objectives. The strategy's purpose is to integrate risk management into the culture of the Boards, raise awareness of the need for risk management, and enable the Boards to anticipate and respond to changing conditions. The strategy has several objectives, including minimizing injury, damage, loss, and inconvenience, and introducing a robust framework for risk identification, analysis, assessment, and management. The strategy proposes establishing clear accountabilities, roles, and reporting lines, acquiring and developing necessary skills and expertise, and providing for risk assessment in all decision-making processes. The Group has adopted the Audit Commission definition of Risk and has implemented a framework to address strategic and operational risk, corporate, departmental, and risk management unit roles and accountabilities. The strategy also emphasizes the importance of risk management training, embedding risk management into the service planning process, and addressing risk in the decision-making process.

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Description

The Bedford Group of Drainage Boards' Risk Management Strategy aims to effectively manage potential opportunities and threats to achieving its objectives.

Technical Information

  • File Format: PDF
  • File Size: 165 KB
  • Pages: 9
  • Language: EN
  • Author: Alice Smith
  • Total Downloads: 159
  • Last Updated: 1 month ago

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This PDF document about Risk Management Policy provides comprehensive information and guidance. Whether you're a beginner or advanced user, this resource offers valuable insights into Risk Management Policy.

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