Integrated risk management is the integration of the management of risk at each level of management into all business and strategic planning and decision-making processes.
Integrated risk management brings together all risks that impact on each level of management. It means:
Action taken to manage risks should be integrated with existing planning and operational processes. As a part of decision making, risk management is supported by other management techniques such as performance management and continuous improvement.
Department of Education, Training and the Arts staff manage risks in line with the Guidelines set out by Australian/New Zealand joint standard on Risk Management (AS/NZS 4360:2004)
Risk management process (new window) 68k ![]()
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© The State of Queensland (Department of Education, Training and the Arts) 2006.