Risk Management is, in summary, the process of: identifying potential events that might impact on an entity’s business objectives; quantifying the consequences and likelihood of the occurrence of these events; and then managing the risk of the event occurring in accordance with the entity’s appetite for risk, by planning and implementing controls and treatments. The process should also allow for the recognition and management of opportunities; the identification of impacts and results, and the actions required to maximise benefit.

QRMC Risk Management develops enterprise risk management programs for organisations and develops monitoring and reporting protocols to embed risk management into the organisation.  These protocols are based around the organisation’s existing processes so that Risk Management becomes part of the normal way of “doing business”.

QRMC also performs strategic and operational risk assessments on the entire organisation or any part thereof, including project risk assessments. Where required, QRMC can carry out individual steps within the overall process.

QRMC will provide training, as required, to all levels within an organisation to guide them through the risk management process and instil in all levels of staff the need for a sound risk management approach.

QRMC works in compliance with the standard ISO 31000 Risk Management.