Risk Management Procedures



These Risk Management Procedures describe the methodology for the development, management, monitoring and review of a risk management system to be implemented internally within an organisation. It defines the methodology for identifying risks, developing risk treatment options, creating a risk treatment plan and implementing risk management and monitoring processes.

These Risk Management Procedures are suitable for organisations of all sizes and complies with the guidelines of the International Standard for Risk Management.


Preview pages 1-3 | Download in Microsoft Word

No of pages



The Performance Management Company


Categories: ,


The purpose of developing these Risk Management Procedures is to set out the processes and procedures for the risk management system established by an and described in the Risk Management Framework and Risk Management Policy. It describes a step-by-step methodology for identifying risks, assessing risks and treating risks.

These Risk Management Procedures should be read in conjunction with the following documents:

  1. Risk Management Organisational Structure
  2. Risk Management Framework
  3. Risk Management Policy

The risk criteria, risk descriptors and escalation requirements and treatment plan are contained in the following documents:

  1. Risk Assessment Instructions Manual
  2. Risk Treatment Plan

The complete set of risk management documents are available from our Risk Management System Complete Kit.

Last updated

See Product Updates for information on latest updates to this document

Integrated framework

This document forms part of the set of documents used for building an integrated governance, risk management and compliance framework for an organisation. We recommend that you read our Guide to Governance Risk Management and Compliance before using this document.

Complete kit

Get our Risk Management System Complete Kit for all your risk management system documentation.

Related documents

  1. Risk Management Organisational Structure
  2. Risk Management Framework
  3. Risk Management Policy
  4. Primary Risk Register
  5. Risk Assessment Instructions Manual
  6. Risk Treatment Plan
  7. Breach Reporting Policy
  8. Breach Reporting Procedures
  9. Whistleblower Protection Policy
  10. Whistleblower Protection Procedures

Risk Management Procedures


  1. Description. 1
  2. Access. 1
  3. No of pages. 1
  4. Author 1
  5. Last updated. 1
  6. Integrated framework. 1
  7. Complete kit 1
  8. Related documents. 1
  9. Revision table. 2
  10. Document location. 3
  11. Purpose. 3
  12. Scope. 3
  13. Methodology. 3
  14. Plan. 3
    • Step 1: Establish context 4
    • Step 2: Identify risks. 4
    • Step 3: Analyse and evaluate risks. 4
    • Step 4: Establish risk treatment options. 5
    • Step 5: Create Risk Treatment Plan. 5
  15. Do. 5
    • Step 6: Manage risks. 5
  16. Check. 6
    • Step 7: Monitor and review.. 6
  17. Act 6
    • Step 8: Reporting and improvements. 6
  18. Periodic review.. 6


There are no reviews yet.

Be the first to review “Risk Management Procedures”

Your email address will not be published. Required fields are marked *

You may also like…