Can You Risk It? - Insurance Commission of Western Australia
Can You Risk It? - Insurance Commission of Western Australia
Can You Risk It? - Insurance Commission of Western Australia
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Introduction<strong>It</strong> is important to have the right tools for the job. So, to help you to record and report on the risksassociated with your day-to-day activities, <strong>Risk</strong>Cover has developed Community <strong>Risk</strong>Base.This resource is also available to download online from www.icwa.wa.gov.au.<strong>It</strong> is a simple resource made even easier because we have based it around Micros<strong>of</strong>t Excel. Mostcommunity groups that have access to computers for administration will be familiar with Micros<strong>of</strong>tExcel, which means you may already have a head start on your risk management process.Community <strong>Risk</strong>Base has been developed to complement the fi ve step risk managementprocess outlined in <strong>Can</strong> <strong>You</strong> <strong>Risk</strong> <strong>It</strong>? An Introduction to <strong>Risk</strong> Management.1. Establish the context2. Identify risk3. Assess <strong>Risk</strong>s4. Treat risks5. Ongoing monitoring and review<strong>It</strong> also supports the <strong>Australia</strong>n/New Zealand Standard 4360:1999 – <strong>Risk</strong> Management.The database is made up <strong>of</strong> fi ve options that include:• A data entry form that allows you to enter your relevant data;• A form to edit and update the Qualitative Consequence And Likelihood <strong>Risk</strong> Reference Tables; and• Three reports:– <strong>Risk</strong>s by Level <strong>of</strong> <strong>Risk</strong>;– <strong>Risk</strong>s by Action Status; and– <strong>Risk</strong>s by Activity/Event.<strong>Risk</strong>Cover does not claim that Community <strong>Risk</strong>Base is a fi nished product, nor does it accept any liability resulting fromthe use <strong>of</strong> the database. <strong>It</strong> is on this basis that Community <strong>Risk</strong>Base is made freely available to community groups. <strong>You</strong>are then able to develop the database, as required, to meet your specifi c requirements. <strong>Risk</strong>Cover does not <strong>of</strong>fer anyongoing support or training in either Community <strong>Risk</strong>Base or Micros<strong>of</strong>t Excel.19 <strong>Can</strong> <strong>You</strong> <strong>Risk</strong> <strong>It</strong>? An Introduction to <strong>Risk</strong> Management for Community Organisations