Example of a Risk Management Implementation Plan

Sample of a Risk Management Implementation Plan

Strategic Objective:

e.g. To manage risk effectively so that to improve our ability to meet our objectives.

Strategy:

Embed risk management in all our organisation’s processes.

Objective	Tasks/activities	To be completed by	Responsibility
1.    Embed risk management in all activities	a)    Identify our risk management objectives	Completed	Risk Coordinator
	b)   Identify risk management roles	Completed	Risk Coordinator
	c)    Integrate governance and risk management	Completed	Risk Coordinator
	d)   Integrate audit and risk management	December, 2018	Chief internal auditor
	e)    Integrate planning and risk management	December, 2018	Director of planning
2.    Develop a common understanding of our risks and their management	a)    Understand our internal and external operating environment as it relates to managing our risks	January, 2019	Risk Coordinator
	b)   Establish our risk leadership team consisting and overall structure	January, 2019	Risk Coordinator
	c)     Develop our risk capability by seminars and workshop	March, 2019	Risk Coordinator/Training Officer
	d)    Develop and implement our risk management policy, protocols	Completed	Risk Coordinator
	e)    Indorse the risk management policy and protocol to the board	December, 2018	Accounting Officer
3.    Identify, measure and control our risks	a)    Plan for a CRSA workshop to identify risks	February, 2019	Risk Coordinator
	b)   Develop our risk registers and risk treatment action plans	February, 2019	Risk Coordinator
	c)    Etc.	Etc.	Etc.