Risk management is a process by which businesses identify, assess and treat risks that could potentially affect their business operations.
Risk is a pervasive part of the standard - you must identify the risks that affect your business and your customers, and describe how they will be addressed.
What is 'Risk Management' ?
Risk management is the process of making and carrying out decisions that will minimize the adverse effects of risk on an organization.
Benefits to your business
Managing risk can save your business money, reduce the chance of injury in the workplace, and protects your company’s resources and brand image.
A quick look at managing a risk in Toolbox.
Review pre-control risk ratings
Review post-control risk ratings
Relate risk to other resources in your management system