Risk Management Plan

Organisations of all types and sizes face internal and external factors and influences that make it uncertain whether and when they will achieve their objectives. The effect that this uncertainty has on an organisation's objectives is "risk", (ISO 31000:2009).

This risk management plan is one of the tools used by the HSRC to communicate with its stakeholders on risk management processes.

It was developed to effect the implementation of the HSRC ERM Strategy and outline what risk management activities aimed at entrenching a risk-aware culture within the HSRC will be performed in the current financial year.