Effective risk management assists the achievement of objectives, maximises the quality and efficiency of an organisation and upholds its reputation.
It can also help identify strengths, weaknesses and opportunities in the day to day and longer term business of an organisation.
Risk management is the process of:
For the Police and Crime Commissioner, a risk is the outcome of an event, which if caused would:
The Risk Register is continually updated and is regularly submitted to the Joint Audit Committee.
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