If we know for certain that something is going to happen, it has no risk attached to it. Should there be an element of uncertainty surrounding it, then risk(s) will exist. Risk can encompass both positive and negative outcomes that may have an impact on the ability of a business or organisation to fulfil its objectives.
The purpose of this book is to provide an overview of the key concepts of risk management. It also provides guidance on how the risk management process can be practically applied at an operational level within an organisation. It outlines how managers can identify risks and apply established processes to manage those risks.
This book was written in Australia and therefore (occasionally) refers to Australian laws, systems and workplace requirements. These should be used as a guide to similar types of legislation and organisational expectations that may apply in other countries. The book is structured around the Australian/New Zealand Standard AS/NZS ISO 31000:2009 Risk management - principles and guidelines, but the principles and processes that are described are globally applicable.
Managing risk - a practical guide is a component of the Skills development series of books.
The purpose of this book is to provide an overview of the key concepts of risk management. It also provides guidance on how the risk management process can be practically applied at an operational level within an organisation. It outlines how managers can identify risks and apply established processes to manage those risks.
This book was written in Australia and therefore (occasionally) refers to Australian laws, systems and workplace requirements. These should be used as a guide to similar types of legislation and organisational expectations that may apply in other countries. The book is structured around the Australian/New Zealand Standard AS/NZS ISO 31000:2009 Risk management - principles and guidelines, but the principles and processes that are described are globally applicable.
Managing risk - a practical guide is a component of the Skills development series of books.
