Transcription of RISK MANAGEMENT FRAMEWORK - Griffith …
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RISK MANAGEMENT FRAMEWORK - Griffith …
RISK MANAGEMENT FRAMEWORK Approving authority University Council Approval date 5 August 2013 (3/2013 meeting) Advisor Vice President (Corporate Services) | | (07) 373 57343 Next scheduled review 2018 TRIM document 2013/0014762 Document URL MANAGEMENT 2 Table of Contents 1. Scope & Objectives of the Risk MANAGEMENT FRAMEWORK .. 4 Scope of the Risk MANAGEMENT FRAMEWORK .. 4 Objectives of the Risk MANAGEMENT FRAMEWORK .. 5 Why is Risk MANAGEMENT Important? .. 5 2. Risk MANAGEMENT FRAMEWORK .. 6 What is risk? .. 7 Development of risk registers .. 7 Risk appetite .. 7 Risk MANAGEMENT methodology .. 8 A Communication .. 8 B Establish context .. 8 Strategic Context .. 8 Operational Context .. 8 C Risk identification .. 9 How does the University identify risks ?
6 2. Risk Management Framework Summary of the Griffith University Risk Management Framework Annual review of corporate risks by Senior Management
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