Chapter 9: Organisational Risk Management

Question 1

Who leads the OR approach?

Answer 1

The Executive leadership Board (ELB)

Question 2

What is polices risk management approach based on?

Hint = Guidelines

Answer 2

The Joint Australian and NZ International Standard (Risk Management - Principles and Guidelines AS/NZS ISO 31000)

Question 3

What is risk defined as?

Hint - The effect

Answer 3

The effect of uncertainty on objectives

Question 4

Effective risk management needs to be:

hint - 8 things

Hint = I, St+Com, Cus, I, D, I, C, CI

Answer 4

• Integrated - into the org
• Structured and comprehensive
• Customised
• Inclusive
• Dynamic
• Informative
• Cultural
• Continually improving

Question 5

What is ARC?

Answer 5

Police’s independent Assurance and Risk Committee

Question 6

What are the 4 types of risk police face?

Hint S,C,O,P

Answer 6

Strategic Risk
Corporate Risk
Operational Risk
Program/Project Risk

Question 7

Who is responsible for managing Strategic Risk?

Answer 7

The Commissioner and the ELB

Question 8

Who is responsible for managing Corporate Risk?

Answer 8

Generally PNHQ based work groups

Question 9

Who is responsible for managing Operational Risk?

Answer 9

Dist. Commanders and DLT’s

Question 10

Who is responsible for managing Program/Project Risk?

Answer 10

Program or Projects Manager

Question 11

What is the role of the ARC?

Answer 11

Provides the commissioner with independent advise on a wide range of strategic issues and risks

Question 12

What is the role of the ELB?

Hint - Strategic

Answer 12

• The strategic direction of the police.
• Monitors the org and identifies and manages strategic
  risk

Question 13

What is the role of the Commissioner and Deputies?

Answer 13

Ensure processes are in place to manage the risks on their day to day activities and achieving their objectives
Specifically:
- Support the implementation of the risk framework
- participate and contribute to risk profiling
- Maintain and approve plans and budgets relating to
the management of the risk profiles
- Assure the ELB and ARC that the Police RM
Framework is working

Question 14

What is the role of the Deputy Commissioner and Deputy Chief Execs?

Answer 14

• implement process to mitigate risks to the day to day
  activities
• Ensure RM is embedded into business processes
• Receive relevant reporting to support development
  and updating risk profiles
• Risks are clearly described. Providing the ability to
  analyse, mitigate and manage risk

Question 15

What is the role of the Ropu Wakahare?

Answer 15

• Has oversight of corporate risk - reviews bi-monthly
• Focus on corporate performance and hygiene of
  organisation

Question 16

What is the role of the SLT?

Hint = Delegated

Answer 16

• has delegated responsibility to make decisions to give effect to polices org. strategies established by the ELB

Comprised of snr managers (Ass. Commissioners and above)

Question 17

What is the role of the NOSG?

Answer 17

• Oversight of police’s operational risk
• Oversees BAU operational activities

Made up of snr Managers (usually NM level)

Question 18

What is the role of the Risk and Assurance Team?

Answer 18

Develops and maintains the Risk Management Policy

Question 19

The Police operates “3 lines of Defence” relating to risk management. What are they?

Hint =
All
Management
Internal

Answer 19

1- All police personnel
2- Management processes and Controls
3- Internal Audit and assurance