The role of this Risk Management Plan is to provide Councillors and staff of the Shire of Kojonup with guidance in how to apply consistent and comprehensive risk management. This plan provides information on how to identify, analyse, evaluate and treat risks. In addition, it identifies other key activities needed for an effective risk management approach.
The risk management process contained in this plan aligns with the Australian Standard for Risk Management (AS/NZS ISO31000:2009).
Risk is the chance of something happening that will have an impact on objectives.
It is important that the Shire manages risks in order that the negative impact of risks upon achievement of the Shire's objectives is minimised and the Shire's ability to realise potential opportunities is maximised.