Risk Management Policy

Risk Management Policy

Adopted by Full Council on 5 February 2025 Revision date

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WHICHAM PARISH COUNCIL
RISK MANAGEMENT POLICY

Introduction

Whicham Parish Council (hereafter referred to as ‘Council’) recognises the
importance of Risk Management in order to maintain the ability to deliver the
activities/ services expected of the Council. Risk Management is a factor that
enables the Council to satisfy its objective to deliver high quality public services.

Purpose and Scope

This policy applies to all Councillors, employees, contractors or others who may be
carrying out operations for and on behalf of the Council, and those who may be
affected by their work.

Responsibility for Risk Management

Responsibility for effective Risk Management rests with all Members of the Council.
Members have ultimate responsibility for Risk Management as risks threaten the
achievement of policy objectives. In the context of Risk Management Members;

• exercise leadership,
• consider and adopt current and future risk management policies and
  strategies, and
• support and monitor the risk management process.

The Chair has overall responsibility for securing adherence to the Council’s policy on
Risk Management.

Risk Management Policy Statement

The Risk management Policy of the Council is to be fully committed to effective Risk
Management, adopting best practices in the identification, evaluation and control of
risks, in order to:

• integrate risk management into the culture of the Council;
• eliminate or reduce risks to an acceptable level;
• anticipate and respond to changing social, environmental and legislative
  requirements;
• prevent injury and damage and reduce the cost of risk;
• raise awareness of the need for Risk Management.

Adopted by Full Council on 5 February 2025 Revision date

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Approach to Risk Management

The Councils approach to Risk Management requires that all risks should be
systematically identified and managed in the most cost-effective manner within
overall resources available.

Each risk identified by the Council is recorded in the Council Risk Register. The
impact is accessed and appropriate control measures are put in place. A Review
Frequency is implemented and the management of the Risk is assigned to a person
within the Council.

The overall responsibility to ensure that this procedure is adhered to rests with the
Clerk to the Council.