Risk Management Policy

Question 1

What is the risk management policy

Answer 1

A policy that outlines risk management roles and responsibilities within police the policy sets out the principles that underpinned our approach to risk and defines clear accountabilities

Question 2

Why do police have policies statement and risk management principles

Answer 2

Risk is inherent in policing everyone has a role to play in managing risk therefore it’s important to understand police approach to risk that aim is to ensure we are all able to identify early relevant risks and make good decisions about how to manage them

Question 3

What is the role of the executive leadership board and risk management for police

Answer 3

ELB set the tone for the culture around risk and give guidance on the type and level of risk police is willing to consider and accept

Question 4

What role do police as governance groups have in risk management

Answer 4

Governance groups have a collective responsibility to monitor and oversee risk for their part of the organisation

Question 5

Polices risk management approach is based on the joint Australian and New Zealand international standard true or false

Answer 5

True the Australian and New Zealand international standard risk management principles and guidelines AS NZS 3100

Question 6

Police have an online risk management tool where is this located

Answer 6

Polices online rest management tool is available on 10 one

Question 7

Identified risks should be reported and escalated appropriately what is the correct way

Answer 7

Reporting and escalating through polices online risk management tool available on 10 one

Question 8

If we wanted guidance and support to report and escalate a risk where would we go to

Answer 8

A risk coordinator in district or service centres would be available for guidance and support as well as the specialist risk and insurance team at P in HQ

Question 9

What is the definition of risk

Answer 9

Risk is defined as the effect of uncertainty on objectives

Question 10

What are the eight aspects to affective risk management

Answer 10

1. Integrated
2. structured and comprehensive 3.customised
3. inclusive
4. dynamic
5. informative
6. cultural
7. continually improved

Question 11

What is the police risk management vision

Answer 11

The vision is that the consideration of risk becomes part of our culture

Question 12

What are the three main types of risk

Answer 12

Strategic risks

corporate risks operational risks

Question 13

What is strategic risks and how do we manage them

Answer 13

Strategic risks affect the achievement of strategic objectives in our business they are reported to ELB and a RC management is the responsibility of the commissioner and ELB

Question 14

What are corporate risks and how do we manage them

Answer 14

Corporate risks affect the achievement of cross organisational corporate objectives. Corporate risks are more tactical and require a more immediate response management is the responsibility of a PNHQ work group risks are reported to SLT

Question 15

What are operational risks and how do we manage them

Answer 15

Operational risks affect the achievement of day-to-day operations these risks relate to be a you activities another responsibility of district commanders and DLT operational risks are reported to national operations steering group in the district commanders forum

Question 16

What is the risk management framework police applies to all policing situations involving risk with a potential to cause harm

Answer 16

TEN a is the risk management framework

Question 17

Are risks identified using TEN a captured in the organisations online risk tool

Answer 17

No

Question 18

What does TENR stand for

Answer 18

T equals threat
E equals exposure
N equals necessity
R equals response

Question 19

In respect to TEN a what must a response be

Answer 19

Any response is proportionate and based on the assessment of the threat exposure and necessity

Question 20

What is the project management tool that catches risk and guard to programs or projects

Answer 20

Program and project risks are captured and sentience this is overseen by police BPMO enterprise portfolio management office

Question 21

What is the Treasury requirement for any program or project

Answer 21

Treasury will require a risk profile assessment for any project or program

Question 22

The EPMO report project and program risks to whom

Answer 22

The EPMO reports risk to the budget investment committee BIC

Question 23

Who does the PMO provide updates for in regard to risks

Answer 23

BIC

The assurance group executive risk dashboard

Question 24

What are the roles and responsible responsibilities for everyone and managing risk

Answer 24

1 identifying assessing monitoring & treating risk

2. 2contributing to risk discussions
3. escalating risk

Question 25

What is A R C

Answer 25

A R C

is the insurance and risk committee