Risk Management Policy

PIRSA working towards managing uncertainties as it creates sustainable value.

Policy Statement
PIRSA is committed to a policy of Risk Management to protect its employees, assets, earnings, liabilities and the public against potential losses in order to maximise effectiveness and efficiency.

Aim
Our risk management philosophy is about transforming uncertainty into risk information and making informed decisions about the management of those risks.

Our System - PIRRISK
To assist us achieve this a Risk Management system known as 'PIRRISK' has been developed. This involves a planned and structured approach to ensure:

  • Responsive to change
  • Informed decision making
  • System solution
  • Knowledge sharing

Objectives
The adoption of 'PIRRISK' encourages:

  • Measured risk taking and effective management of risks
  • The effective delivery of Agency/Group programs
  • The effective allocation and use of resources
  • A high standard of customer service
  • A high standard of accountability
  • Creativity and innovation in management practice

It is the responsibility of Groups to adopt 'PIRRISK', and to ensure that this approach is communicated to, and has the active support of all employees in the areas for which they are accountable.