Risk Based Planning
Commitments in relation to planning and risk management.
This web page summarises the University's commitments in relation to planning and risk management activities and the preparation of the associated documentation. These activities are undertaken as part of the annual Planning Budget and Review cycle and the Risk Management Policy as approved by the Audit and Risk Committee of Council.
This list represents a significant undertaking. The workload involved should be minimised through the use of templates and an appreciation of the appropriate amount of detail required at each level. The usefulness of the work will be enhanced through education of staff, support for individuals and groups from Planning and Audit and the promotion of an attitude that sees the task approached in a serious but practical manner. Accountabilities are to be discharged through standard University reporting lines and should be incorporated into the Performance Management process.
The University Strategy 2011 - 2015
- Performance indicators and associated institutional targets (annual and life of plan).
- Corporate level risk statement, updated half yearly.
University Plans
- University plans developed with performance indicators and associated targets.
- Annual statement to University Council on progress against plan, including identification and management of risks.
Enabling Plans and Other Strategies
- Enabling Plans developed and updated on annually on the basis of progress.
- University Strategies developed and reviewed annually.
Faculties and Divisions
- Summary Statements of Actions and Expected Outcomes (formerly Operational Plans), approved by appropriate SEC member, published on the Faculty/Division website.
- Risk registers (template, or an alternate format addressing the same requirements), approved by the appropriate SEC member.
- Workforce Plan approved by the appropriate SEC member.
Research Centres
- Summary Statements of Actions and Expected Outcomes developed and signed off by the Deputy Vice Chancellor (Research).
Campuses
- Critical Incident Response plan (Division of Facilities Management).
Projects
- Project methodology incorporating risk management (Project Service Centre).
Commercial ventures (including offshore programs)
- Business plan incorporating a Risk Register, reviewed at least annually.
Key Business processes and IT systems
- Business continuity and disaster recovery plans for processes and systems that are critical to the continuity of the University’s business.
Risk Register
CSU has adopted a relatively simple and generic risk register template [.doc] to encompass risk identification, management and reporting. While its use is not mandatory, this template may be used to complement plans at each level within the University.
There are a range of templates and other tools that can be adapted from the Standards Australia materials on risk management to support a staged or multi layered approach to identifying, assessing, prioritising and managing risk. CSU managers may adapt these materials to support risk management where the required level of detail exceeds the capacity of a single layered template.
It is expected that higher level CSU Risk Registers will be short and strategic. Where the register identifies the operation of another quality or risk management framework duplication should be avoided. A single line entry in the high level register noting compliance (or otherwise) with the adjunct quality or risk management process should suffice.
How to do a Risk Register [.doc ] is a guidance document adapted, from PM 007 Project Risk Register, Template & Guide, Department of Premier and Cabinet, Tasmania.
Additional information on the identification and management of risks, particularly in relation to commercial activities, is available at: