Risk Management process风险管理过程.doc

Risk Management process Risk Management is a five step process: Step 1 – Establish the context Step 2 – Identify the risks Step 3 – Analyse the risks Step 4 – Evaluate the risks Step 5 – Treat the risks Throughout each step it is essential that there is consultation and communication with everyone in your organisation’s functions, activities and events (refer to diagram). Step 1 – Establish the context Before risk can be clearly understood and dealt with, it is important to understand the context in which it exists. You should define the relationship between your club and the environment that it operates in so that the boundaries for dealing with risk are clear. Establish the content by considering: The strategic context – the environment within which the organisation operates The organisational context – the objectives, core activities and operation’s of the club. Step 2 – Identify the risks The purpose of this step is to identify what could go wrong (likelihood) and what is the consequence (loss or damage) of it occurring. Key questions to ask include: What can happen? List risks, incidents or accidents that might happen by systematically working through each competition, activity or stage of your event to identify what might happen at each stage. How and why it can happen? List the possible causes and scenarios or description of the risk, incident or accident. What is the likelihood of them happening? What will be the consequences if they do happen? Risks can be physical, financial, ethical or legal. Physical risks are those involving personal injuries, environmental and weather conditions and the physical assets of the organisation such as property, buildings, equipment, vehicles, stock and grounds. Financial risks are those that involve the assets of the organisation and include theft, fraud, loans, license fees, attendances, membership fees, insurance costs, lease payments, pay-out of damages claims or penalties and fines by the government. Ethical ris