RISK MANAGEMENT
Curtin's Risk Management Policy provides the framework for the development of a three-year Risk Management Plan. The Plan will incorporate a rolling action plan with an annual cycle of review and budget allocation, which in turn provides the mechanism for implementation of the policy. The purpose of the Risk Management Plan is to:
Establish and maintain an organisational policy for planning and performing the risk management processes
Identify priorities
Set objectives and targets
Define performance indicators (linkage to University's Strategic Plan and its Operational Plan)
Assign responsibility and authority for performing the process, and identifying the resources to implement the risk management plan
Establish mechanisms to monitor, evaluate and report progress
GUILDING PRINCIPLES
The University recognises that risk is inherent in all academic, administrative and business activities and that every member of the University community manages risk. The University continues to evolve in how it manages risk and does so through formal and systematic processes that are regarded as good management practice. Curtin follows systems based on ISO 31000 - Risk Management - Principles and Guidelines on Implementation, and Standards Australia AS/NZ 4360 - Risk Management. As a result of these systems, Curtin promotes the adoption of a culture which integrates a strategic and formal approach to risk management which improves decision-making and enhancing outcomes and accountability.
POLICY DOCUMENTS
Link to Risk Management Policy
Link to Risk Management Framework
