Do you need to comply?

Yes, a risk management process should be adopted for many aspects of your school’s operation.

Conditions of compliance

Risk is anything that may impede a school in the achievement of its objectives.

Risk is measured in terms of consequences and likelihood (AS ISO 31000:2018 – Risk Management – Guidelines).

If you have to comply, what do you have to do?

Schools, through a Risk Management Policy, should establish a comprehensive system of risk management, risk oversight, compliance, and internal control

The policy should set the risk tolerance for the school, approve the risk management framework, and monitor its effectiveness.

The Australian Standard AS ISO 31000:2018 provides useful directions on how effective risk management can be implemented.

What are the consequences if you don’t comply?

Your school may not achieve its goals, targets and priorities.

ISV contacts

Peter Roberts
Director, School Services
Ph. 03 9825 7211
peter.roberts@is.vic.edu.au

Kieren Noonan
Head of Innovation
Ph. 03 9825 7275
kieren.noonan@is.vic.edu.au

Links, resources and downloads
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