QRMC has been delivering services as a Risk Assessment Consultant since 1998.

The wide range of Risk Assessment projects we have successfully delivered can be reviewed on our Projects pages. Our clients (many of whom are repeat clients and referrals) include public sector, private sector, small and large businesses, and not-for-profits.

QRMC works in compliance with the international standard ISO 31000 Risk Management to deliver our Risk Assessment services. We develop and deliver services tailored specifically to your organisation’s needs, not “off the shelf” products, so that you can be confident that the objectives of your Risk Assessment project will be achieved.

We also deliver the full range of Risk Management Consultancy services, more information can be found on our Risk Management services page.

The range of Risk Assessment Consultancy services we deliver include:

 
Independent, cost­‐effective services.
 
Tailored to suit the requirements of individual clients.
 
Help to achieve your organisation’s business objectives and compliance requirements.
  • Experienced Risk Management Consultants
  • Professional approach
  • Extensive work portfolio
  • Contemporary practices
  • Quality controlled services
  • DELIVERING AUSTRALIA-WIDE

What is Risk Management versus Risk Assessment?

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.

Risk Assessment is a critical part of the Risk Management process. It involves systematically identifying the risks pertinent to the context of the activity or organisation being assessed, then analysing and evaluating the risks to reach a point of decision regarding how important each risk is and how it should be managed. Risk analysis is the process of determining the causes of the identified risks, the consequences should the risk occur, and the likelihood that those consequences will be experienced. The level of consequence is determined in the context of any existing treatments for the risk, specifically how effective those treatments are. Risk evaluation is the process of applying an agreed matrix to the consequence and likelihood levels to determine a rating for each risk, which is used to prioritise risks for consideration of treatment options and urgency. The risk assessment process is usually recorded in a Risk Register.

Risk Assessment options delivered by QRMC

QRMC facilitates strategic and operational risk assessments on entire organisations, or any specified part or activity therein. We also conduct project risk assessments at any stage of the life of the project.

QRMC’s consultants are experienced facilitators, and will adopt a consultative, non-confrontational style when conducting risk assessments with your staff, resulting in more open communication and goodwill during the risk assessment process, and thus gathering more reliable information upon which the organisation can act to manage the identified risks. Our approach to risk assessment will provide confidence that no important risks have been overlooked, and that the true status of the risk (in terms of its consequence, likelihood and existing controls) has been identified.

QRMC has developed a suite of risk assessment tools and forms which are compliant with the international standard ISO 31000 Risk Management and which we have refined over time to meet the needs of most organisations. These can be tailored to the specific requirements and risk acceptance appetite of your organisation before deployment as part of your risk assessment process. Alternatively, if your organisation has already developed its own risk assessment methodology, QRMC’s consultants will apply that to the risk assessment process.

Risk Management service options

The Risk Assessment process is a component of a larger suite of Risk Management activities. QRMC has developed enterprise risk management programs for large and small organisations. When developing risk management programs, we also design monitoring and reporting protocols which, when implemented, will assist 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 frequently assists organisations to review and update their existing risk management programs. This is often triggered by mergers or amalgamations (e.g. in local government) and provides an opportunity to upgrade programs to contemporary best practice Enterprise Risk Management.

As part of program reviews, QRMC undertakes formal gap analyses of risk management programs and processes against ISO 31000:2009 Risk Management and industry best practice, and provides clear recommendations/action plans for the rectification of any identified deficiencies. We can then assist with the redevelopment of the program if required.

 

Testimonial

“As a consulting company QRMC are a class act in the WHS and Risk specialty fields. I feel qualified to say this from my 15 years on the front line and in management with Safety and Risk for Queensland Rail. I have enjoyed working with QRMC’s Consultants always knowing that trust is well placed in their experienced hands as they deliver up to the minute practical solutions in a timely manner with high integrity. The breadth of their experience means the client benefits from their knowledge of a range of effective options for best fit with the business and the business situation.
 
The Safety Networking Group facilitated by QRMC provides a networking platform for their clients, Regulators and Safety Professionals to share views and be briefed on the latest developments in the field. At these events to simply observe the regard that diverse clients from private industry and Government departments hold for the QRMC team speaks volumes. At a level of empowerment the benefit to industry provided by the SNG over time has been invaluable.”
 
Lindsay Shorley
Health, Safety and Risk Professional

 

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