Decision details

Risk Management Policy and Risk Management Process Guide

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

To adopt the Risk Management Policy and Risk Management Process Guide.

Decision:

That the Risk Management Policy and Risk Management Process Guide be adopted.

Reasons for the decision:

The new Risk Management Policy and Risk Management Process Guide reflect best practice in risk management and are based on the principles of ISO 31000 and OGC’s Management of Risk (M_o_R) guidelines and will introduce a standardised approach to risk management for both authorities.

Alternative options considered:

Option 1

 

That the Risk Management Policy and Risk Management Process Guide be recommended to Cabinet for adoption.

 

Option 2

 

Continue to operate with two separate Risk Management Strategies across the two authorities.

Report author: Chris Brooks

Publication date: 16/02/2012

Date of decision: 14/02/2012

Decided at meeting: 14/02/2012 - Cabinet

Effective from: 24/02/2012

Accompanying Documents: