Risk Management – Guide
Environmental AffairsDepartment:REPUBLIC OF SOUTH AFRICAenvironmental affairsRisk Management Guide 2CONTENTSFOREWORD ........................................ ........................................ ..................................4INTRO DUCTION ........................................ ........................................ ..........................5Purpose ........................................ ........................................ .......................................5 Structure ........................................ ........................................ .....................................6GU IDEBOOK: WHAT IS RISK Management ?INTRODUCTION.
Risk management forms part of management’s core responsibili-ties and is an integral part of the internal processes of an institu-tion. This guidebook will use the simpler term ‘risk management’ and will explain the function in broad terms, showing how the various technical disciplines associated with risk form part of this wider field. 2.
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