The systematic application of management policies, procedures and practices process to the tasks of establishing the context, identifying, analysing, evaluating, treating, monitoring and communicating of risk.
an essential part of any project, but often the process itself becomes the focus of management time to the detriment of action on de-risking the project
The overall description of the steps taken to manage risk identify, assess and control.
Management and documentation of information relating to potential threats to an institution's collections and the objects/specimen lots for which it is temporarily responsible. It includes the provision of information enabling preventative measures to be taken as well as documentation supporting disaster planning (MDA SPECTRUM).
The systematic application of management policies, procedures and practices to the tasks of communicating, establishing the context, identifying, analysing, evaluating, treating, monitoring and reviewing risk... AS/NZS 4360 Risk Management...
A framework developed to help identify the barriers, obstacles, threats and areas of vulnerability and provide the basis on which any subsequent issues and risks can be recorded, evaluated and controlled.
