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Compliance

As part of the organisation's risk management process, it should:

  • Be aware of the environmnet it is operating in. This would include the:
    • Rules
    • Regulations
    • Legislation
  • Identify the risks:
    • Sources of risk;
    • When and where the risk could happen;
    • The effect of the risk on the organisation's objectives; and
    • Who might be impacted.
  • Analyse the risks
    • Consider the likelihood and consequences of the risk happening.
  • Evaluate the risks
    • What is the organisation's risk tolerance, high or low?
    • Can the risk be dealt with?
    • Is it tolerable or intolerable?
  • Deal with the risks
    • Select how to deal with the risk
      • avoid the risk
      • take the risk
      • minimise the risk
  • Remove the source of the risk
  • Change the consequence of the risk
    • assess the cost and benefits of delaing with the risk
    • deal with the risk

 

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Did you know?

Gold Coast 2018 is the 5th Commonwealth Games to be hosted by Australia.

Quick numbers

11.6 million Australian adults participate in sport or physical activity three or more times per week.
3.2 million Australian children participate in organised sport or physical activity outside of school.
$10 billion is spent annually by Australians on fees for participation in sport or physical activity.
17 million Australian adults participate in a sport or physical activity every year.