Risk Management

Risk register

• 1. Board governance
  • RM 1.1 Board decision making
  • RM 1.2 Board governance v management roles
  • RM 1.3 Unclear purpose
  • RM 1.4 Inadequate reporting to board
• 2. Management
  • RM 2.1 Establishment of effective organisational plan
  • RM 2.2 Change in government policy
  • RM 2.4 Business disruption
  • RM 2.5 Loss of contracts
  • RM 2.6 Increase in competition
  • RM 2.7 Cash reserves and profit deficiency
• 3. Financial management
  • RM 3.6 Fraud control
• 4. People 
  • RM 4.1 Succession planning
  • RM 4.2 Staff turnover
  • RM 4.3 Poor performance
• 5. Workplace Health and Safety
  • RM 5.1 Legal implications
  • RM 5.2 Inadequate policies and procedures
  • RM 5.4 Increase in claims
  • RM 5.5 Serious incident
• 6. Information Technology
  • RM 6.1 Loss of data
  • RM 6.3 Loss of key IT personnel
• 7. Compliance
  • RM 7.1 Failure to meet audit requirements
  • RM 7.2 Maintain national standards accreditation
  • RM 7.3 Uneven standards in service delivery
  • RM 7.4 Ineffective business planning
  • RM 7.5 Contract management and reporting
• 8. Client and market focus
  • RM 8.1 Negative reputation
  • RM 8.2 Disengagement of stakeholders
  • RM 8.3 Staff noncompliance to rules and procedures