Scope and context of risk management

For your organisation, identify the scope and context of risk management for a specific area. You must gather information from different sources, for example, work records, past risk assessments and work personnel. This information must be analysed and the following identified:

 

  • Who is involved in risk management
  • Who is affected by risk management
  • The political, economic, social, legal, technological and policy context of risk
  • Current risk management practices and controls
  • The objectives and critical success factors for risk management
  • The risks that apply.